EV Manufacturer Rivian Sets Sights for IPO This Year Updated On Wed, Feb 10th, 2021 by Saurenergy Rivian an American electric vehicle (EV) manufacturer, backed by Amazon.com and Ford Motor, is looking to go public (IPO) as soon as September at a valuation of about USD 50 billion or perhaps more, according to people familiar with the matter. The company took to Twitter also, as the tweet reads, “BREAKING: Rivian is looking […] Read more
Global EV Sales to Reach 62 Mn per Year by 2050: WoodMac Updated On Wed, Feb 10th, 2021 by Saurenergy In its latest report, Wood Mackenzie has revealed that Electric Vehicle (EV) sales are expected to reach 62 million units per year by 2050, with a total global EV stock reaching over 700 million. The report suggested, shortly before that date, in 2047, battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV) and fuel cell […] Read more
DTL Floats Tender for EV Charging & Battery Swapping Stations in Delhi Updated On Wed, Feb 10th, 2021 by Saurenergy Delhi Transco Limited has floated a tender for setting up EV charging & battery swapping stations at various Locations under Package – A to J across the National Capital Territory (NCT) of Delhi. The Bidders shall be responsible for supply, erection, testing, commissioning, and maintaining at his own cost the Electrical Vehicle Charging Station and […] Read more
IIT Madras Approaches Towards Improving Braking Performance of EVs Updated On Tue, Feb 9th, 2021 by Saurenergy Researchers from the Indian Institute of Technology (IIT) Madras, have developed strategies to improve the braking performance of Electric and Hybrid vehicles. This research could help implement a braking system in Electrified Vehicles (EVs), which can improve the stopping distance and ride comfort in the presence of regenerative braking. However, such strategies have been developed […] Read more
Hindustan Zinc Signs MoU with Epiroc for Using BEVs in Underground Mining Updated On Tue, Feb 9th, 2021 by Saurenergy India’s integrated producer of Zinc-Lead and Silver and a Vedanta Group Company, Hindustan Zinc Limited (HZL) has signed a Memorandum of Understanding with Epiroc Rock Drills AB for Zero Emission and Sustainable Mining by introducing Battery Electric Vehicle (BEV) in underground mining. HZL claims to become the first mining company in India to introduce electric […] Read more
bp & EnBW Selected for 3 GW Offshore Wind Leases in the UK Updated On Tue, Feb 9th, 2021 by Saurenergy bp and partner EnBW have been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4 for projects worth 3 GW. bp and partner Energie Baden-Wuerttemberg AG (EnBW) of Germany have together been selected as the preferred bidder for two major leases in the UK Offshore Wind Round 4, the […] Read more
GreenCell to Invest 400 Cr for Deployment of 350 E-buses in UP Updated On Sat, Feb 6th, 2021 by Saurenergy GreenCell Mobility, backed by EverSource Capital, has announced on Thursday, that it is going to invest Rs. 400 crores in a consortium of PMI Electro Mobility Solutions, including the acquisition of 49 percent stake, for deploying 350 electric buses (e-buses) across Uttar Pradesh. Electric mobility solutions provider, GreenCell claims that it has acquired stakes in […] Read more
Delhi Govt Issues Tender For 500 EV Charging Points at 100 Locations Updated On Sat, Feb 6th, 2021 by Saurenergy After Delhi Chief Minister launched the ‘Switch Delhi’ campaign, Delhi power minister Sateynder Jain released a tender to set up 500 electric vehicles (EV) charging points at 100 different locations, on Friday. In a press conference, minister Jain said, “Delhi government has floated nation’s biggest tender for EV (electric vehicle) charging today, with provision for […] Read more
Ford Raises Investment in EV & AV Leadership Up To $29 Billion Updated On Fri, Feb 5th, 2021 by Saurenergy US automaker Ford Motor Company has announced to increase investments in electric vehicles (EVs) and autonomous vehicles to USD 29 billion. The company ended 2020 strongly, improving its automotive and credit businesses in the fourth quarter. Speaking of their achievements, Ford President and CEO Jim Farley stated, “The transformation of Ford is happening and so […] Read more
