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
Eversource Capital Is Majority Owner in Lithium Urban After Fresh Funding Round Updated On Tue, Mar 22nd, 2022 by Saurenergy EverSource Capital (EverSource), manager of India’s largest climate impact fund, announced on March 21 that it has invested in Lithium Urban Technologies Pvt Ltd. (Lithium) for a majority stake. Lithium is the largest operator of electric cars in India, providing services to 50+ clients since 2015 with a presence in 15+ cities. Eversource is a […] Read more
CII Pitches for Free Access For Green EV Charging Updated On Tue, Mar 22nd, 2022 by Saurenergy Key Industry body Confederation of Indian Industry (CII) has pitched to make Open Access almost free where EV charging stations are powered by green energy, namely solar or wind energy. The idea is already being tried out in many places worldwide. “The Confederation of Indian Industry (CII) has called for an early policy notification for […] Read more
Sungrow Supplies Shanghai’s First Road DC 120 kW Fast EV Charger Updated On Mon, Mar 21st, 2022 by Saurenergy Sungrow installed its integrated DC electric vehicle charger rated at 120kW in downtown Shanghai, China. It’s the first operational road DC fast EV charging station in Shanghai that successfully meets the growing charging demand for EV and offering more advantageous charging access for residents. Sungrow says that while EVs are quickly evolving, there is an […] Read more
Suzuki Motor turns, targets Rs 10,440 cr investment into EV’s by 2025 Updated On Mon, Mar 21st, 2022 by Saurenergy Japan’s leading automaker and Indian market leader Suzuki Motor Corporation has finally announced that it will invest Rs 10,440 crore or 150 billion Yen in the electric vehicles and battery segment in India. Its Indian subsidiary Maruti Suzuki may launch electric car models both in India and Japan by 2025. This is the first major […] Read more
