Olectra Greentech Awards INR 395.12 Cr Contract to Megha Engineering & Infrastructures Ltd Updated On Thu, Jul 20th, 2023 by Saurenergy Hyderabad-based manufacturer of electric buses, Olectra Greentech has awarded a contract for the construction of the greenfield electric vehicle manufacturing facility on 150 acres of the land situated at Seetharampur, Hyderabad, Telangana. The contract has been given to Megha Engineering & Infrastructures Limited (MEIL). MEIL is the ultimate holding company and a related party to […] Read more
Tata Sons To Invest £4bn To Build A 40GW Battery Cell Gigafactory In UK Updated On Thu, Jul 20th, 2023 by Saurenergy Tata Sons, the principal investment holding firm and promoter of Tata companies has now planned to build a 40 Gigawatt (GW) battery cell gigafactory in the United Kingdom (UK). It has also planned to infuse an investment of around £4 billion. The firm said that it would deliver electric mobility and renewable energy storage solutions […] Read more
Five Indian EV Cab Companies Decarbonising Urban Transport Updated On Wed, Jul 19th, 2023 by Saurenergy In the last few years, several indigenous electric-only cab services have come into the picture in India. While several of these firms tried to capitalize on the new emerging market, it also aided in decarbonizing the transport fleets in the country. Several of these locally-developed companies and startups, with their expanding fleets and plans, […] Read more
India, China To See Major Rise of Power Generation Emissions By 2024: IEA Updated On Wed, Jul 19th, 2023 by Saurenergy The latest report by the International Energy Agency (IEA) released today claimed that while the power demands in advanced economies are slated to plunge, they will likely go up for South Asian countries like India and China. It also said that while the emissions from power generation are slated to slump in Europe, it is likely to […] Read more
EV Price War: Ford Cuts Prices On Its F-150 Lightning Pickup Updated On Wed, Jul 19th, 2023 by Saurenergy The softening in EV prices, driven by the correction in key raw material prices has reached the US markets with a jolt. Ford stretched the price war in the EV industry by announcing a sharp cut on the prices of its F-150 Lightning trucks on July 17. This includes a 17 per cent cut for […] Read more
BMW’s EV Deliveries In India Grow By 11% In First Half of 2023 Updated On Tue, Jul 18th, 2023 by Saurenergy BMW India, one of the leading luxury car makers in the electric segment in the country, reported an 11 percent growth in its total deliveries of electric vehicles (EVs) in the first six months of 2023. BMW Group India said it continued its dominance in the electric luxury segment. It attributed this to the most […] Read more
Kerala Automobiles Limited Gets Orders for 100 E-Autos Updated On Mon, Jul 17th, 2023 by Saurenergy Kerala Automobiles Limited (KAL) has secured a significant order for 100 e-autos to be delivered to Maharashtra, Chhattisgarh, and Madhya Pradesh. The order was placed through Arenq, KAL’s partner company. Arenq is actively working towards obtaining approval for KAL’s e-autos to operate in Punjab, Gujarat, Tamil Nadu, and Karnataka. Once approved, KAL’s e-autos equipped with […] Read more
1C Charging Joins The EV Rush With Charging Solutions Updated On Fri, Jul 14th, 2023 by Saurenergy India, as the world’s furth largest auto market, is fast emerging as one of the fastest-growing Electric Vehicle (EV) markets in the world too. The size of the industry is projected to grow from USD 3.21 billion in 2022 to USD 113.99 billion by 2029. With growing sales of EV, various brands are also emerging […] Read more
Johnson Matthey Expands Presence in China with Investments in Hydrogen Market Updated On Fri, Jul 14th, 2023 by Saurenergy Johnson Matthey (JM), a sustainable technologies provider, recently signed an investment agreement with the Jiading District in Shanghai aiming to accelerate the hydrogen economy in China. During a signing ceremony held in Sonning, UK, JM and the Shanghai Jiading District revealed their collaborative venture to construct a facility dedicated to the manufacturing of catalyst coated […] Read more
