Rs 18,100 crore Battery PLI Finally Picks 4 Firms Updated On Fri, Mar 25th, 2022 by Saurenergy Confirmation has finally come that the four companies selected for the Advanced Cell Chemistry (ACC) or the Battery PLI scheme ACC Storage are Reliance New Energy Solar Limited, Ola Electric Mobility Private Limited, Hyundai Global Motors Company Limited and Rajesh Exports Limited. These companies will received the first slew of incentives to support cell production […] Read more
EVI Technologies Launches EVI Grid App for EV Charging Updated On Thu, Mar 24th, 2022 by Saurenergy EVI Technologies has launched “EVI Grid” mobile application on the play store for android users which is a personalized mobile app that enables its users to find the nearest compatible charging point for electric vehicles within a minute EVI Grid is a one-stop solution for locating nearby charging stations, navigation, slot booking, and online payment. […] Read more
MHI sanctions 2877 EV charging stations under FAME Phase-II Updated On Thu, Mar 24th, 2022 by Saurenergy The Ministry of Heavy Industries (MHI) has sanctioned 2877 charging stations in 68 cities across 25 states/UTs under Phase-II of FAME India Scheme. The details of solar-based charging stations sanctioned and installed in the cities and states under FAME India Scheme Phase-II are as follows: Additionally, MHI has sanctioned 1576 EV Charging Stations across 16 […] Read more
Solar recharging of EVs far more efficient use of land than ethanol crops for blended fuel in India: IEEFA Updated On Thu, Mar 24th, 2022 by Saurenergy A new report by the Institute for Energy Economics and Financial Analysis (IEEFA) shows that generating solar energy to recharge electric vehicle (EV) batteries would be a far more efficient use of land than growing crops for ethanol. India’s 2025 target for 20% ethanol blending in petrol requires large increases in ethanol from sugar and […] Read more
SK E&S acquires EverCharge, sets foot in US EV charging market Updated On Thu, Mar 24th, 2022 by Saurenergy Korean LNG player SK E&S is entering the U.S. electric vehicle charging market, an official announcement said. On March 23, SK E&S announced the acquisition of EverCharge, an EV charging solution provider in the U.S. This is reportedly the first time a Korean company has acquired the management rights of an EV charging company based in the U.S. […] Read more
Bounce Infinity partners with Greaves Retail for battery swapping stations Updated On Thu, Mar 24th, 2022 by Saurenergy Swappable battery infrastructure provider Bounce Infinity has partnered with Greaves Retail, the retail business division from Greaves Cotton, to provide battery swapping stations for its EV fleet to accelerate the adoption of affordable mobility with battery-as-a-service. The battery swapping service will be for both electric 2-wheelers (Ampere) and 3-wheelers. The company has identified Bengaluru as […] Read more
LG Energy Solution to set up EV battery JV with Stellantis in Canada Updated On Thu, Mar 24th, 2022 by Saurenergy South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Windsor, Canada. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first […] Read more
PLI scheme to account for 13-15% capex in key industrial sectors over 3-4 years: Crisil Updated On Thu, Mar 24th, 2022 by Saurenergy Production Linked Incentive (PLI) scheme will account for 13-15 per cent of the average annual investment spending in key industrial sectors over the next three-four years, according to a report by Crisil. Since its introduction in March 2020, PLI has been announced for 15 sectors, involving government incentives to the tune of Rs 1.93 lakh […] Read more
TCC builds new gen EV charging infra with 7-ELEVEN in Taiwan Updated On Tue, Mar 22nd, 2022 by Saurenergy Taiwan Cement Corp’s subsidiary NHOA.TCC and President Chain Store’s subsidiary 7-ELEVEN have announced the “New Energy, New Lifestyle” plan to jointly build a new generation of electric vehicle (EV) charging infrastructure that combines green energy, energy storage and EV charging services. NHOA.TCC’s first EV charging infrastructure is located at Taiwan’s Hualien’s City’s most popular tourist […] Read more
