Why Grow Slow? Breaking The Barriers To Faster EV Adoption Updated On Thu, Oct 27th, 2022 by Saurenergy By Abhishek Dabas, COO, Amplus Solar’s Clean Mobility Arm The availability of low-cost financing is one of the biggest barriers to growth, especially for individuals and small business owners. This becomes more visible whenever there are new opportunities for growth that don’t come everyday. It is frustrating for those affected to see access to financing […] Read more
China’s NIO Invests $273 Mn To Establish Separate Battery Tech Company Updated On Wed, Oct 26th, 2022 by Saurenergy Chinese electric vehicle manufacturer NIO has established a new entity called NIO Battery Technology (Anhui) Co. Ltd. and it is being headed by William Li as its Chairman, who is also the founder of NIO. According to reports, the capital is of about $273 million of the new company which will be controlled absolutely by […] Read more
WBSEDCL 205 EV Charging / Battery Swapping Station Tender Complete Details Updated On Fri, Oct 21st, 2022 by Saurenergy West Bengal State Electricity Distribution Company Limited (WBSEDCL) has invited bids for installing 205 EV charging stations and battery swapping stations to increase e-mobility in the region. The last date for submitting the online bid is November 18, 2022, till 12:00 pm. Bids will be opened on the same day at 12:30 pm. The tender […] Read more
Minerals firm ICL To Invest $400 Million in Lithium Battery Materials Facility in US Updated On Fri, Oct 21st, 2022 by Saurenergy Global minerals conglomerate ICL has announced that it plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, USA. ICL held that this is expected to be the first large-scale LFP material manufacturing plant in the United States. ICL was awarded $197 million through the Bipartisan […] Read more
Delhi High Court Rejects PIL Seeking Use of Lead Acid Batteries in e-Rickshaws Updated On Fri, Oct 21st, 2022 by Saurenergy The Delhi High Court rejected a public interest litigation (PIL) which sought to allow the use of lead acid batteries in electric rickshaws. The bench of Chief Justice Satish Chandra Sharma and Justice Subramoniam Prasad refused to entertain the IPL filed by an e-rickshaw driver which challenged Delhi Transport Authority’s order that refuses the registration […] Read more
Tata Motors to deliver 2000 XPRES T EVs to E-Cab Firm Evera Updated On Thu, Oct 20th, 2022 by Saurenergy India’s auto major Tata Motors has signed an agreement with Evera, one of the earliest EV only – ride-hailing platform in Delhi NCR region, for delivering 2,000 XPRES T electric vehicles. These vehicles are an addition to the already existing fleet of Tata Motors’ EVs present with the aggregator. Tata Motor held that the decision […] Read more
Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing Updated On Thu, Oct 20th, 2022 by Saurenergy Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […] Read more
DOE Awards $100 Million to Group14 Technologies for Battery Production Updated On Thu, Oct 20th, 2022 by Saurenergy Group14 Technologies announced that it has been selected as a recipient of the first set of projects funded by US President Joe Biden’s ‘Bipartisan Infrastructure Law’ to expand domestic battery manufacturing for electric vehicles and the electrical grid. Group14 held that it will receive $100 million for battery materials processing and battery manufacturing to support […] Read more
Rising EV: The State Of EV Sector In India Updated On Wed, Oct 19th, 2022 by Saurenergy India is riding fast toward its goal of carbon neutrality by the year 2070. Naturally, the transportation sector, one of the biggest polluters, has to be brought under green cover if the nation wants to reduce the emissions intensity of its GDP by 45 per cent by 2030 – a medium-term goal. The electric vehicle […] Read more