AMU Leasing Pvt. Ltd Updated On Wed, Nov 1st, 2023 by Saurenergy About us AMU Leasing is a next-generation tech-driven NBFC registered as a loan company in New Delhi. It was founded in 1993 and the RBI license was acquired in 2014. Presently, AMU is a leading player in the BFSI industry, known for its commitment to Sustainable Development Financing with anchor services in Electric Vehicle (EV) […] Read more
Servotech Sees Revenue Growth of 115.2% in Q2 FY24 Against Q2 FY23 Updated On Tue, Oct 31st, 2023 by Saurenergy Servotech Power Systems Ltd. (NSE: SERVOTECH), a manufacturer of solar products and electric vehicle (EV) chargers, as well as power-backup and smart power solutions, has disclosed its financial performance for the quarter ending September 30, 2023 during the Board of Directors meeting on October 30, 2023. The firm witnessed a revenue growth of 115.2% pegged […] Read more
Stalemate Over EV Charging Stations Finally Sees Action in Chandigarh Updated On Tue, Oct 31st, 2023 by Saurenergy The three-month long conflict between Chandigarh administration and the municipal corporation (MC) has finally been settled after a committee formed by the MC gave its nod to multiple sites for the establishment of 44 electric vehicle charging stations in 32 parking lots. Now, 177 charging ports across the said EV charging stations will be set […] Read more
Inlyte Gets $8 M For Cheap, Grid Scale Iron and Sodium Batteries Updated On Fri, Oct 27th, 2023 by Saurenergy Berkeley, California based Inlyte Energy announced its $8 million seed funding to be used to develop the first generation of its grid batteries made with the most abundant materials – iron and table salt. Inlyte’s solution leverages the proven design of the previously-commercialized sodium metal halide battery to create an energy storage system with high efficiency, […] Read more
Battery Waste Management Rules 2023 Laid Down Updated On Fri, Oct 27th, 2023 by Saurenergy The Ministry of Environment, Forest & Climate Change has issued Battery Waste Management (Amendment) Rules, 2023 (BWMR 2023). The BWMR 2023 lays down the mandatory waste battery collection, recycling or refurbishment targets for electric vehicles battery of three wheelers, including E-rickshaw, categories L5, L5-M, L5-N, E-cart. Compliance Cycle: 2026-27, 2032-33 For the year 2026-2027, the […] Read more
EV Maker Ola Takes Home INR 3,200 in Fundraising Round Updated On Fri, Oct 27th, 2023 by Saurenergy Bengaluru’s electric vehicle firm Ola Electric has closed INR 3,200 crore in its fundraising round. The funds were raised from from marquee investors led by Singapore-based Temasek and project debt from State Bank of India respectively. The funds would be used be employed towards the expansion of Ola’s EV business and the establishment of a […] Read more
UPEIDA Issues RFS for Development of EV Public Charging Stations with Battery Swapping System Updated On Thu, Oct 26th, 2023 by Saurenergy UP Expressways Industrial Development Authority (UPEIDA) invites bids for the development of public charging stations including Battery Swapping System (optional, based on demand survey) for EVs through PPP mode along various Expressways in the State of Uttar Pradesh. The tender fee to be submitted by the bidder is INR 5,900. The bidder must submit the […] Read more
Servotech Power Systems Files Two Patents for Energy Management Technologies Updated On Wed, Oct 25th, 2023 by Saurenergy Servotech Power Systems, a manufacturer of EV chargers and solar solutions, has announced that it has filed two patents for innovative energy management technologies in order to facilitate grid service optimization through a battery energy storage system. These will also help effectively channel renewable energy into BESS for maximum value, enabling the transition to sustainable […] Read more
Omega Seiki Mobility Partners with Honda Power Pack Energy India for Swappable Batteries Updated On Mon, Oct 23rd, 2023 by Saurenergy Mobility solutions provider Omega Seiki Mobility Private Limited has joined hands with Honda Power Pack Energy India Private Limited for swappable battery technology. Honda Power Pack Energy is an arm of Honda Motor Co., Ltd. Under the partnership, Honda Power Pack Energy will be responsible for supplying Omega Seiki Mobility with swappable batteries. A network […] Read more
