Ford and SK Innovation Form JV for EV Batteries in USA Updated On Tue, May 25th, 2021 by Saurenergy Auto major, Ford Motor Company, and South Korean group SK Group’s SK Innovations have announced signing a memorandum of unity (MoU) to form a joint venture for producing electric vehicle (EV)battery cells and array modules, in the USA. The EV battery joint venture would be entitled BlueOvalSK (Ford’s Blue Oval emblem and SK in SK Innovation’s name), […] Read more
BYD Backed Olectra Greentech Wins Bid for 100 E-Buses Updated On Tue, May 25th, 2021 by Saurenergy The BYD partnered electric buses (E-buses) maker Olectra Greentech announced on Monday that along with its sister company Evey Trans Pvt Ltd, it has won the bid for 100 electric buses. The consortium of both the companies has won the bid to supply 100 electric buses to a State Transport Corporation (STC) in the country […] Read more
EV Maker Nexzu Mobility launches Roadlark Cargo for Last-mile Delivery Updated On Mon, May 24th, 2021 by Saurenergy An Indian electric vehicle maker, Nexzu Mobility has announced the launch of its electric cargo version called Roadlark, specially designed for meeting the bulk last-mile delivery needs of e-commerce businesses across India. Globally, electric mobility has taken center stage and is being implemented in several forms. Chief among them is the focus on transforming hyperlocal […] Read more
Ozop Energy Receives 10 EV Charging Stations Order in Brooklyn Updated On Mon, May 24th, 2021 by Saurenergy New York based ultra-high-power chargers, inverters, and power supplies producer and distributor, Ozop Energy Solutions has announced receiving an extended order for 10 electric vehicles (EV) charging stations at a pre-incentive cost of USD 600,000. These chargers to be installed in Bical Auto Mall dealerships in Brooklyn, New York. Bical Auto Mall is the place […] Read more
Magenta Closes Series A Round With new Commitments Worth $15 Mn Updated On Fri, May 21st, 2021 by Saurenergy EV charging solutions firm Magenta EV Solutions has confirmed commitment in excess of USD 15 million in Series A funding. Navi Mumbai-based, Electric Vehicle (EV) charging solutions company, Magenta EV Solutions has confirmed a commitment in excess of USD 15 million (Rs 120 crore) in Series A funding from eminent Indian-American cardiologist, philanthropist billionaire and […] Read more
California State Fund Begins Construction of Solar Energy Program Designed by ENGIE Updated On Thu, May 20th, 2021 by Saurenergy State Compensation Insurance Fund (State Fund), California’s leading provider of workers’ compensation insurance, today announced that construction has begun on an extensive sustainability and solar energy program that includes solar, electric vehicle charging stations and energy storage at seven locations throughout California. Designed and constructed by ENGIE North America, through its affiliate ENGIE Services U.S. […] Read more
StoreDot Announces New Framework Agreement with EVE Energy to Manufacture Silicon-Dominant Extreme Fast Charge Battery for EVs Updated On Wed, May 19th, 2021 by Saurenergy StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles (EVs), today announces a new framework agreement with its strategic battery manufacturing partner EVE Energy Co., Ltd (EVE) to support the commercialization of StoreDot’s silicon-dominant anode XFC FlashBattery for EVs. The first samples will be available later this year, with a plan […] Read more
Include Hydrogen Fuel Cell EVs in FAME-II: Delhi HC Directs DHI Updated On Wed, May 19th, 2021 by Saurenergy The Delhi High Court today ordered the Department of Heavy Industries to acknowledge including Hydrogen Fuel Cell electric vehicles (EVs) and Hydrogen refueling infrastructure under Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME-II) scheme. Fuel Cell India, an initiative dedicated to promoting Renewable and Hydrogen Energy & Fuel Cells in India has […] Read more
Global EV Market To Reach $802.75 Billion By 2028: Report Updated On Tue, May 18th, 2021 by Saurenergy A recent study report by Market Growth Report, says that the electric vehicle (EV) market is expected to reach USD 802.75 billion by the year 2028, growing at a Compound Annual Growth Rate (CAGR) of 21.6 percent during the forecast period, 2021 – 2028. This market size was estimated to be valued at USD 273.31 billion […] Read more