EV Maker Nexzu Mobility Ships Orders to Australia, Europe & GCC Updated On Fri, Oct 1st, 2021 by Saurenergy Indian electric vehicle (EV) maker Nexzu Mobility has shipped out some initial orders to Australia, Gulf Cooperation Council (GCC), and Europe and is currently in discussions to close deals with the UK and a few African countries. “Our range of products has been developed after months of R&D to perfectly suit the needs of our […] Read more
EV Ride-hailing Startup BluSmart Raises $25 Mn in Series A Round Updated On Thu, Sep 30th, 2021 by Saurenergy BluSmart, an EV ride-hailing startup, has raised $25 million in its Series A round led by BP Ventures. Mayfield India Fund, 9Unicorns and Survam Partners along with existing investors have also joined the round. BP Ventures has led the round by putting $13 million in the current round. This is the first investment in an […] Read more
Ford to Invest $11.4 B on EV Production in the US Updated On Wed, Sep 29th, 2021 by Saurenergy Michigan-headquartered multinational automaker Ford, along with its South Korean partner SK Innovation, plans to invest $11.4 billion electric vehicle production, creating nearly 11,000 new jobs at the Tennessee and Kentucky mega-sites. This will be the largest ever U.S. investment in EVs at one time by any automotive manufacturer, said the company. While Ford is stumping […] Read more
eBikeGo to Install 1 Lakh Smart EV Charging Stations Across 7 Cities Updated On Tue, Sep 28th, 2021 by Saurenergy eBikeGo, a leading electric two-wheeler mobility platform, has created an economical IoT-enabled smart charging solution, eBikeGo Charge, which can be accessed via the eBikeGo Charge Mobile App. Wi-fi enabled, it can even monitor real-time charging statistics for a seamless charging experience, said the company. Indian 2 Wheeler unit sales stood at 21.2 million units in […] Read more
Global Solid State Transformer Market to be Worth Over $1200 M by 2027 Updated On Tue, Sep 28th, 2021 by Saurenergy The global solid state transformer (SST) market is likely to register a revenue of $1,246.4 million by 2027, at a CAGR of 26.0% during the forecast period from 2020 to 2027, finds new analysis by Research Dive. The report provides a brief summary of the current market scenario comprising major aspects of the market such […] Read more
6K Lands $51 M for Advanced Battery Material Dev Updated On Mon, Sep 27th, 2021 by Saurenergy Massachusetts-based 6K, which produces sustainable advanced materials for energy storage and additive manufacturing powders, has closed a $51M Series C financing round. With this investment, 6K will complete its Battery Development Center of Excellence, adding 33,000 sq ft of state-of-the-art product development space and doubling its 6K Energy team, said the firm. Funding will also […] Read more
Wary of China, Quad Nations To Focus on Solar Supply Chain Updated On Mon, Sep 27th, 2021 by Saurenergy The United States, Japan, India and Australia will work to improve the security of supply chains for critical technologies such as clean energy and to ease a global semiconductor shortage, said Australia’s Prime Minister Scott Morrison. The Quad nations, in their first in-person summit on Friday in Washington, agreed on a partnership to secure critical […] Read more
Chalet Hotels is Now World’s 1st Hospitality Co to Join Climate Initiatives Updated On Thu, Sep 23rd, 2021 by Saurenergy Chalet Hotels Limited (CHL), owner, developer and asset manager of high-end hotels in key metro cities in India, has claimed to be the first hospitality company, globally, to join Climate Group’s RE100, EP100 and EV100 initiatives linked to renewable electricity, energy efficiency and electric mobility respectively. The announcement comes during the Climate Week NYC 2021, […] Read more
LG Energy Solution Takes Over US-based NEC Energy Solutions Updated On Wed, Sep 22nd, 2021 by Saurenergy South Korean lithium-ion battery manufacturer LG Energy Solution (LG ES) has acquired US-based sector player NEC Energy Solutions from NEC Corporation for an undisclosed sum. The news was unveiled on Friday by BDA Partners, which served as the exclusive financial advisor to LG on the transaction. Japan’s NEC Corporation has transferred all shares in NEC Energy […] Read more
