Eversource Capital Is Majority Owner in Lithium Urban After Fresh Funding Round Updated On Tue, Mar 22nd, 2022 by Saurenergy EverSource Capital (EverSource), manager of India’s largest climate impact fund, announced on March 21 that it has invested in Lithium Urban Technologies Pvt Ltd. (Lithium) for a majority stake. Lithium is the largest operator of electric cars in India, providing services to 50+ clients since 2015 with a presence in 15+ cities. Eversource is a […] Read more
MoP issues guidelines for procurement & utilisation of BESS Updated On Mon, Mar 14th, 2022 by Saurenergy The Ministry of Power (MoP) has notified a new resolution of the Guidelines for the procurement and utilisation of battery energy storage systems (BESS) as part of generation, transmission and distribution assets, along with ancillary services. Specific Objectives of the Guidelines: To facilitate procurement of BESS, as part of individual RE power projects or separately, […] Read more
The Top 5: Reasons Indians are Hesitant to go with E2W Updated On Wed, Mar 9th, 2022 by Saurenergy India is the largest two-wheeler mobility market in the world, with sales peaking at 21 million units in 2019. With the growing concerns over pollution-induced climate change, electric mobility is seen as a substitute for fossil-fuel-dependent conventional vehicles. Two wheelers is also where adoption is expected to be earlier and faster due to lower costs […] Read more
Hassle Free Travel for EV’s between Delhi-Agra and Delhi-Jaipur Closer to Reality Updated On Tue, Mar 8th, 2022 by Saurenergy Soon the major routes like the Delhi-Jaipur and Agra-Noida expressway will witness regular operations of electric vehicles of all kinds. This is necessary to realise the goal of making India a zero-emission country by reducing its carbon footprint. National Highway for EV (NHEV) Working Group Advisor (Infrastructure, Connectivity Transport and Electric Mobility), Sudhendu J Sinha […] Read more
Nitin Gadkari Stresses On Domestic Manufacturing For EV’s Updated On Tue, Mar 8th, 2022 by Saurenergy Union Minister for Transport and Highways Nitin Gadkari has said that India at present wants an electricity-based technology that will enable mass rapid transportation which is not just cost-effective but will also be ‘Made in India.’ Nitin Gadkari was addressing the Silicon Valley monthly Dialogue (SVD) which is a series of dialogues that is launched […] Read more
The World’s Top 5 Automakers and their EV plans Updated On Mon, Feb 28th, 2022 by Saurenergy The global automotive market is pushing for electric mobility at record rates. In a world there are literally hundreds of start-up automotive firms promoting electric mobility solutions, the electric plans of the world’s top 5 automakers deserve special focus. The automobile, since its inception in 1885 by German engineer Carl Benz, has certainly taken the […] Read more
NITI Aayog Report Emphasises on ‘Finance’ for Better EV Future Updated On Fri, Feb 25th, 2022 by Saurenergy The role of finance is critical for the holistic and comprehensive growth and development of India’s electric vehicle industry and a ‘just transition’, finds a new report released by NITI Aayog and the Rocky Mountain Institute (RMI) India. The report, titled ‘Mobilising Electric Vehicle Financing in India’, finds that the transition to clean mobility will require […] Read more
Explained: EV Subsidies, Incentives Offered by Center and States in India Updated On Thu, Feb 24th, 2022 by Saurenergy Evolving in the new age of electric mobility, various subsidies and incentives offered by the Center and state governments form the backbone of the EV market in India. As per a report, the EV market in India will be USD 206 billion by 2030, if India maintains a steady progress to meet its ambitious 2030 […] Read more
Magenta expands EVET offering to Mumbai and Chennai Updated On Wed, Feb 23rd, 2022 by Saurenergy EVET by Magenta, the e-mobility platform, which has been running its EV Fleet for urban logistics movement for about a year now in Bengaluru, now enters Mumbai and Chennai Markets. The company informs that it shall roll out over 500+ EV Fleet in the next 3-4 months in both cities. EVET (Electric Vehicle Enabled Transport) […] Read more
