Taiwan’s Gogoro Inc Partners with Hero MotoCorp to Enter EV Market Updated On Fri, Nov 4th, 2022 by Saurenergy Taiwan-based electric vehicle company, Gogoro Inc has collaborated with another electric two-wheelers company Hero MotoCorp and plans to launch its products in India’s rapidly developing EV market. According to the company’s chairman and CEO, Horace Luke “The arrangement with Hero MotoCorp, which also includes the development of a battery-swapping network, does not restrict it from […] Read more
Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs Updated On Fri, Nov 4th, 2022 by Saurenergy The government of Karnataka and Bengaluru’s electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the state’s largest EV battery charging and swapping infrastructure. […] Read more
Okinawa Autotech Registers Retail Sales of 17,531 Units in Oct 2022 Updated On Wed, Nov 2nd, 2022 by Saurenergy Okinawa Autotech, an Indian manufacturer of electric two-wheelers, sold a record 17531 units in retail sales in October 2022 as a consequence of the robust demand from customers for its wide range of EV scooters. The sum of sales includes both high-speed and low-speed electric scooters from Okinawa Autotech. The increased demand for electric scooters […] Read more
Stella Moto by Jaidka Group Officially Enters Indian EV Markets Updated On Tue, Nov 1st, 2022 by Saurenergy The Jaidka Group-backed Stella Moto has entered the market for electric two-wheelers (e2W) in India. In the passenger and load carrier (L3) divisions, the Jaidka Group has been operating electric three-wheelers for the past six years. Stella Moto intends to put the most cost-effective electric vehicles on the road built around innovation and high-quality products […] Read more
Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing Updated On Thu, Oct 20th, 2022 by Saurenergy Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […] Read more
Rising EV: The State Of EV Sector In India Updated On Wed, Oct 19th, 2022 by Saurenergy India is riding fast toward its goal of carbon neutrality by the year 2070. Naturally, the transportation sector, one of the biggest polluters, has to be brought under green cover if the nation wants to reduce the emissions intensity of its GDP by 45 per cent by 2030 – a medium-term goal. The electric vehicle […] Read more
Bangalore’s EV Manufacturer Altigreen Enters Maharashtra Updated On Wed, Oct 19th, 2022 by Saurenergy Altigreen, the Bangalore-based manufacturer of three-wheeler electric vehicles, just opened its first-ever retail experience center in Mumbai. According to the company, this is the sixth retail dealership they have opened in India this month. Altigreen made the decision to partner with Jubilant Motorworks for this project. Jubilant Motorworks, which has locations in the states of […] Read more
UP Govt Announces Range of Incentives for EVs and Batteries Manufacturing Updated On Tue, Oct 18th, 2022 by Saurenergy Uttar Pradesh doesn’t just want to be a consumption state anymore, but a producer also, especially when it comes to industry. The state government, in an announcement on a range of incentives to encourage EV and battery manufacturers to consider the state for plants, has announced that the first two integrated EV and ultra-mega battery […] Read more
The Contra View: 5 Arguments Against Battery Swapping Updated On Mon, Oct 17th, 2022 by Saurenergy A lot has been written about the advantages of Battery Swapping to make a shift to renewable energy for mobility. The value of Battery Swapping lies in the fact that separating the price of the electric car from the battery, its costliest part, will make it attractive to the customer. However, in the interest of […] Read more
