PureEV Signs MoU with CSIR-CECRI, Indigenizing Lithium-Ion technology for EVs Updated On Thu, Dec 17th, 2020 by Saurenergy IIT Hyderabad incubated PURE EV has announced its partnership with CSIR – Central Electro Chemical Research Institute (CECRI). The firm has signed a Memorandum of Understanding with CSIR- CECRI for indigenous Lithium-Ion battery technology for electric vehicles. The company has been funded by Pharma industry veteran V C Nannapaneni. The collaboration will serve joint research […] Read more
Can China Become ‘Carbon Neutral’ by 2060? Updated On Thu, Dec 10th, 2020 by Saurenergy Imagine China, the world’s top emitter of carbon emissions, which in 2019 released nearly double the emissions of the US which has barely any coal power plants. Now imagine it with zero gasoline-powered cars, and with more than four times the 1,200 gigawatts of solar and wind power capacity installed across the world today. This […] Read more
Andhra Pradesh Govt Discusses EV Plans With Niti Ayog Updated On Thu, Dec 10th, 2020 by Saurenergy Andhra Pradesh has become the latest state to come out with an EV policy that seeks much more than more EV’s on the road by 2024. The state’s new EV policy hopes to attract an investment of Rs 30,000 crore and create 60,000 jobs in electric vehicles (EVs) manufacturing. All this, while getting a million […] Read more
EVs Could Account for 43% of Total Vehicle Sales in India by 2030: CEEW-CEF Updated On Wed, Dec 9th, 2020 by Saurenergy CEEW-CEF has revealed that according to its high adoption scenario, EVs could account for 43% of the total new vehicle sales in India by 2030. A new study by the CEEW – Centre for Energy Finance (CEF) has analysed segment-wise electric vehicle (EV) sales, battery requirements, public charging infrastructure necessary, and the investments needed until […] Read more
Exide Increase Stake in Li-ion Battery JV With Leclanche to 80.15% Updated On Tue, Nov 24th, 2020 by Saurenergy Battery maker Exide Industries has increased its stake in its JV with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore Battery maker Exide Industries has announced that it has increased its stake in its joint venture (JV) with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore by way of […] Read more
UK To Target 100% EV’s by 2030, a Decade Earlier Than Planned Updated On Tue, Nov 17th, 2020 by Saurenergy It was only in February this year, that British Prime minister Boris Johnson had announced plans to bring forward the date to ban petrol and diesel cars from the UK to 2035. From the earlier target date of 2040. Now, multiple reports say that the new date will be 2030, likely to be announced as […] Read more
Increased EV Penetration to Boost Jobs and Lower Crude Imports in India: CEEW Updated On Tue, Nov 10th, 2020 by Saurenergy Increased EV penetration in India could help it save on crude oil imports worth over Rs 1 lakh crore annually and create 120,000 new jobs by 2030 A new study has found that India could save on crude oil imports worth over Rs 1 lakh crore (USD 14 billion) annually if electric vehicles (EVs) were […] Read more
Inverted Energy Opens Lithium-ion Battery Manufacturing Facility in Delhi Updated On Fri, Nov 6th, 2020 by Saurenergy Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. Delhi-based battery manufacturer Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. The company stated that the commissioning of the plant, which currently has a production […] Read more
KPMG & CII Report on Shifting Gears: the Evolving EV landscape in India Updated On Wed, Nov 4th, 2020 by Saurenergy The report provides an understanding of segment wise propensity to transition to EVs by analyzing use cases and Total Cost of Ownership, and estimates the EV penetration by 2025 and 2030. It evaluates the policy framework and the readiness of the enabling ecosystem for EVs i.e. charging infrastructure, ownership models, localization of production, financing, and […] Read more
