South Korean University Research Aims At Boosting Lithium-Ion Battery Efficiency Updated On Tue, Feb 6th, 2024 by Saurenergy Researchers at the Chung-Ang University in South Korea have worked on improving the efficiency of Lithium-ion batteries. Their work mainly involved in the electrolyte solutions. Lithium-ion batteries, essential for electric vehicles, face safety concerns due to polarization effects during fast charging. These researchers have now studied the impact of high-concentration electrolytes on their interface kinetics and […] Read more
India Established 7,432 EV Charging Stations Under FAME II: Minister Updated On Tue, Feb 6th, 2024 by Saurenergy Minister of State For Heavy Industries Krishan Pal Gurjar, in a written reply before the Parliament, shared details on the amount given to the Electric Vehicle (EV) manufacturers under Faster Adoption and Manufacturing (FAME-II) for Hybrid Electric Vehicles. “Rs. 5790 crores were given to electric vehicle manufacturers on sale of 13,41,459 EV under Phase II […] Read more
UK Releases New Measure To Support Faster Adoption Of Chargepoints Updated On Mon, Feb 5th, 2024 by Saurenergy The United Kingdom (UK) government recently released ‘Plan for Drivers’ a new measure to support electric vehicle drivers to make the switch towards electric vehicle. The new proposals are undertaken to ensure chargepoints can be installed even faster and it included grants for schools, cash for councils and new proposals to boost number of chargepoints. […] Read more
EV Ride-hailing Snap-E Cabs raises USD 2.5 million in Pre-Series A Round Updated On Mon, Feb 5th, 2024 by Saurenergy Kolkata based Snap-E Cabs, an EV Ride-hailing platform has raised USD 2.5 million in a Pre-Series A Round led by Inflection Point Ventures. Snap-E Cabs plans to allocate funds for talent acquisition to support growth, invest in tech upgrades and the introduction of new tech-enabled services, and expand operations into additional geographies. Snap-E provides an […] Read more
China To Hold 80% Wind Deployment In Asia-Pacific In Five Years: Report Updated On Fri, Feb 2nd, 2024 by Saurenergy A recent report by Wood Mackenzie on the renewable energy growth in Asia Pacific market stated, “Despite short-term hurdles such as cost inflation, construction delays and higher interest rates, the economics of offshore wind are improving strongly in the late 2020s. It’s supporting a strong future for the technology in Asia Pacific markets.” The Wood […] Read more
Five Trends Which Can Shape Lithium-Ion Market In 2024 Updated On Fri, Feb 2nd, 2024 by Saurenergy The lithium market is experiencing a period of transition as demand growth slows and the industry adjusts to changing dynamics, according to Wood Mackenzie’s ‘Lithium: Five things to watch in 2024’ report. It stated, “While lithium remains a crucial raw material for batteries, its growth rate is decelerating due to a maturing market, subdued electric […] Read more
European EV Sales Increased To 16.3% From 12.9% YoY: EIA Updated On Thu, Feb 1st, 2024 by Saurenergy A recent report by the US energy agency EIA found an increase in the sale of hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEV) in the United States. It rose to 16.3% of total new light-duty vehicle (LDV) sales in 2023, according to data from Wards Intelligence. In 2022, hybrid, plug-in hybrid, […] Read more
BUDGET: FM Announces Support For RTS, Offshore Wind and EV Manufacturing Updated On Thu, Feb 1st, 2024 by Saurenergy Union Finance Minister Nirmala Sitharaman announced the Union Budget 2024 today. Speaking in Lok Sabha, the finance minister discussed the recently announced Pradhan Mantri (PM) Suryodaya Scheme. On January 22, PM Narendra Modi announced the connection of one crore households with rooftop solar. In her budget speech, the finance minister talked about the savings of […] Read more
BUDGET: EV Sector Pins Hopes On FAME-3, Tax Revisions Updated On Thu, Feb 1st, 2024 by Saurenergy With the expected culmination of the FAME-II scheme, Electric Vehicle (EV) manufacturers, battery makers and charging infrastructure developers have pinned hopes on the Union Budget 2024. The most awaited decision is on the likely announcement of the rollout of FAME-III with revised norms. The grapevine had it that the budget could turn the focus on […] Read more
