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
Andhra Pradesh Planning to Install 400 EV Charging Stations Updated On Wed, Nov 4th, 2020 by Saurenergy The state government of Andhra Pradesh has decided to set up 400 electric vehicle (EV) charging stations across the state. The state government of Andhra Pradesh, in an attempt to promote the adoption of electric vehicles (EV), has decided to set up 400 electric vehicle charging stations across the state. And the TNN reports that […] Read more
Delhi Govt Moves Ahead With EV Charging Infrastructure Plans Updated On Tue, Oct 27th, 2020 by Saurenergy The Delhi Government has been moving ahead with its plan to build an effective EV charging infrastructure across the capital for faster uptake of EVs The Delhi government has been planning to build on an effective Electric Vehicle (EV) charging infrastructure across the national capital for faster uptake of Electric Vehicles (EVs), and recently concluded the second meeting of the ‘Working Group […] Read more
Pandemic to Delay EV Penetration in India; 2Ws in the Clear: Ind-Ra Updated On Mon, Oct 26th, 2020 by Saurenergy Ind-Ra has detailed in its latest analysis that it expects the COVID-19 pandemic to delay the electric vehicle (EV) penetration in India. India Ratings and Research (Ind-Ra) has detailed in its latest analysis that it expects the COVID-19 pandemic to delay the electric vehicle (EV) penetration in India. The analysis cites low affordability and the […] Read more
Exide Forms Li-ion JV; Working on Solutions for Hybrids and EVs Updated On Thu, Sep 17th, 2020 by Saurenergy Lead-acid battery maker Exide Industries Ltd is focusing on innovations for emerging applications like hybrid and electric vehicles (EVs), the firm confirmed on said on September 15, 2020. A lithium-ion JV has been formed and is well placed with an assembly line having a capacity of 1.5 GWh, it said. “The company is developing advanced […] Read more
