CEA Data Indicates Doubling of Electricity Demand From EV’s In Q1 Fy24 Updated On Wed, Oct 2nd, 2024 by Saurenergy The Central Electricity Authority (CEA) , which tracks electricity consumption from public charging stations among other things, has released its latest report for Q1 Fy24, indicating a 108 percent growth in power demand from EVs YoY. According to CEA, Public Charging stations (PCSs) consumed 176.87 million units (MU) of energy during the April-June quarter in […] Read more
Shift To Two-Wheeler EVs To Reduce India’s Petrol Consumption: CRISIL Updated On Mon, Sep 30th, 2024 by Saurenergy In a recent report, CRISIL Research highlights a projected rise in the market share of electric two-wheelers, expected to reach 12-15% by fiscal 2030 from current levels of under 5%. Additionally, the report highlights the emergence of compressed natural gas (CNG) passenger vehicle sales are expected to grow to 17-19% by the same period. This […] Read more
Clean Electric Secures $6 Million Funding To Accelerate EV Adoption Updated On Tue, Sep 10th, 2024 by Saurenergy Clean Electric, an Indian developer specializing in rapid fast-charging battery technology for electric vehicles and long-life grid battery solutions, has raised $6 million in Series A funding. The funding round was co-led by Info Edge Ventures, Pi Ventures, and Kalaari Capital, with participation from Lok Capital and other strategic investors. The investment is expected tol […] Read more
Lectrix EV Partners With Electric One Energy To Boost E-Mobility Updated On Thu, Aug 1st, 2024 by Saurenergy Lectrix EV, the electric mobility arm of SAR Group has announced its collaboration with Electric One Energy Pvt. Ltd., an EV superstore chain. The partnership is likely to broaden the former’s EV’s market presence. The collaboration will make Lectrix EV more accessible to Indian and global consumers, looking forward to buying affordable, accessible, and high-quality […] Read more
The Top 5: Electric Motorcycles to Buy in India Under Rs 1.5 Lakh Updated On Tue, Jul 2nd, 2024 by Saurenergy India is poised to become the largest EV market by 2030, with a total investment opportunity of over USD 200 billion over the next 8-10 years. The country is the world’s largest manufacturer of electric 2-wheelers (e2w) and electric 3-wheelers (e3w). Being the largest manufacturer, especially in the e2w category, fits the Indian scenario well […] Read more
Lectrix EV to Supply Electric 2Ws to ZEVO Mobility Updated On Fri, Jun 14th, 2024 by Saurenergy Lectrix EV and ZEVO, a major player in the electric mobility space, have signed a strategic cooperation. Lectrix EV is a member of the SAR Group, which has been on the market for more than 30 years and is known for consumer names including Livpure and Livguard. The company has six R&D sites and works […] Read more
Electric Tractor Market Untapped In India: Kaustubh Dhonde, CEO-AutoNxt Updated On Mon, Jun 10th, 2024 by Saurenergy How do you see the current ecosystem of electric tractors in India? Kaustubh Dhonde: The ecosystem of electric tractors in India is in its nascent stage but shows immense potential for growth. As one of the pioneers in this field, AutoNxt Automation is leading the charge with innovative solutions like our autonomous electric tractor, “Hulk.” […] Read more
Relux Electric Secures 250 Cr For EV Charging Expansion in South India Updated On Mon, May 13th, 2024 by Saurenergy Relux Electric, the EV charging infrastructure provider, has secured Rs. 250 crores of cumulative project funding from a group of private real estate and infrastructure investors exclusively to expand its network of hypercharging stations on the highways of South India. The company will utilize the fund to create 20 new hypercharging stations within the next […] Read more
India Sees Registration Of 36.68L Electric Vehicles, Says Govt Updated On Tue, Feb 13th, 2024 by Saurenergy Union Minister of Road, Transport and Highway Nitin Gadkari recently shared data on the plans to substitute fossil fuel vehicles with Electric Vehicles (EVs) and also shared the number of EV two-wheelers, four-wheelers, goods transport vehicles and passenger vehicles plying on the roads, as on till date. In a written reply to the parliament, the […] Read more
