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
Ather Energy Installs Over 500 Ather Fast Charging Grids Across India Updated On Fri, Oct 14th, 2022 by Saurenergy Ather Energy, one of India’s leading electric scooter manufacturers, has announced the installation of the 580th public fast charging point, the Ather Grid, across 56 cities in India. As the company expands its footprint nationally, Ather Energy plans to install 820 more grids, taking the count to 1400 by the end of FY23. Ather Grids […] Read more
IoT-Enabled E-Vehicles Can Boost Digital India Scheme Updated On Fri, Oct 14th, 2022 by Saurenergy By Nitin Kapoor, Managing Director of Saera Electric Auto For India to maintain its responsibility towards the Sustainable Development Goals (SDGs), steady penetration of electric vehicles and a proportionate decline in the sale of Internal Combustion Engine (ICE) vehicles is imperative. While the demand for green transportation is gradually growing, there are certain challenges that […] Read more
EV Manufacturer Saera Inks Agreement with Lohia Machines Updated On Fri, Oct 14th, 2022 by Saurenergy Delhi-based electric vehicle manufacturer, Saera Electric Auto Private Limited (SEAPL) has expanded its growth by entering into a contract manufacturing agreement with iconic two-wheeler manufacturer Lohia Machines Limited (LML). LML is making its comeback into the Indian market with the production of electric vehicles, which will be manufactured in the Saera Electric Plant in Bawal […] Read more
iVOOMi Partners with Bajaj FinServ, L&T to Offer Easy Financing Solutions Updated On Fri, Oct 14th, 2022 by Saurenergy Pune-based electric two-wheeler manufacturer iVOOMi Energy recently partnered with Bajaj FinServ and L&T to promote the adoption of electric scooters through easy retail finance options to its consumers. iVOOMi and Bajaj FinServ have teamed to offer up to 100% EV finance at zero down payment with a minimum 7% interest rate to give customers viable […] Read more
