Repurposing Over Recycling A Big Opportunity In Last Two Years- Gaurav Dolwani, LICO Materials Updated On Mon, Dec 30th, 2024 by Saurenergy LICO Materials – A Mumbai-based Recycling Company in the lithium-ion battery supply chain is one of the cohort of recycling firms that will play a crucial role in India’s plans for recovery of critical materials such as lithium, cobalt, manganese, and nickel to be given back to battery manufacturers to give the materials a second […] Read more
Honda To Offer Activa Electric With Swappable Batteries, Bookings From Jan Updated On Thu, Nov 28th, 2024 by Saurenergy The electric version of Honda’s Activa model will be available for booking from January 2025, the company said. Honda Motorcycle & Scooter India (HMSI) has now ushered into the next era of mobility with the introduction of ‘ACTIVA e:’ and ‘QC1’ in the electric vehicle segment. The unveiling of the Activa brand in an all-new […] Read more
Telangana Govt Announces Tax Break To Electric Vehicles Till 2026 Updated On Mon, Nov 18th, 2024 by Saurenergy In order to make Hyderabad pollution-free, effective from today, the Telangana government gave 100 percent exemption on road tax and registration fees for electric vehicles (EVs) for purchased and registered vehicles for the next two years, until December 31, 2026. In its latest order, the government granted exemption to electric two-wheelers, four-wheelers, and commercial passenger […] Read more
eBikeGo’s Subsidiary Vajram Electric Acquires 40% Stake In Varcas Updated On Mon, Oct 14th, 2024 by Saurenergy eBikeGo’s subsidiary, Vajram Electric Ltd has acquired a 40% stake in Varcas Automobiles Pvt Ltd, an Electric Vehicle manufacturer based in Hyderabad. Varcas Automobiles Pvt Ltd has successfully delivered over 25,000 electric two-wheelers to date and generating a revenue of ₹110 crore. With the acquisition, Vajram Electric Ltd aims to capitalize on Varcas’ robust manufacturing […] Read more
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
