Zoomcar Partners up With ETO Motors to Boost Shared E-Mobility Updated On Wed, Jul 29th, 2020 by Saurenergy Zoomcar has partnered with e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Self-drive car rental service provider Zoomcar has announced that it has entered into an agreement with Hyderabad-based e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Under the agreement, Zoomcar will […] Read more
PTC India to use Rs 135 Crore Tax Refund for Financing Green Projects Updated On Tue, Jul 28th, 2020 by Saurenergy PTC India Financial Services is set to receive a tax refund of ~Rs 135 crore and plans to use it for further financing of green projects. PTC India Financial Services has revealed that the Income Tax Department has processed its return of income for the assessment year 2019-20 (financial year 2018-19) and determined a refund […] Read more
BMW Announces new Strategic Direction; 7 Mn EVs on the Road by 2030 Updated On Tue, Jul 28th, 2020 by Saurenergy The BMW Group is making sustainability and resource efficiency central to its strategic direction and plans have 7 million EVs on the road by 2030 The BMW Group has announced that it is making sustainability and resource efficiency central to its strategic direction. Chairman of the Board of Management Oliver Zipse recently announced initial details […] Read more
EV Startup Simple Energy in Talks to Raise Over Rs 7.5 Crore Updated On Mon, Jul 27th, 2020 by Saurenergy Bengaluru-based EV startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), founder Suhas Rajkumar has said Bengaluru-based electric vehicle (EV) startup Simple Energy is in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), its founder Suhas Rajkumar […] Read more
Ather Energy Raises Rs 84 Crore From Hero in Series C Extension Updated On Sat, Jul 25th, 2020 by Saurenergy EV startup Ather Energy has said it has raised Rs 84 crore from the country’s largest two-wheeler maker Hero MotoCorp as an extension of series C round. Electric vehicle startup Ather Energy has said it has raised Rs 84 crore from the country’s largest two-wheeler maker Hero MotoCorp as an extension of series C round. […] Read more
EV Industry a Rs 500 Billion Opportunity in India by 2025: Avendus Updated On Fri, Jul 24th, 2020 by Saurenergy In a new report by Avendus Capital, the firm predicts that the EV industry in India could represent a Rs 500 billion opportunity by 2025. In a new report by Avendus Capital, the firm predicts that with the present and projected level of EV penetration in the country, the electric vehicle (EV) industry in India […] Read more
Fourth Partner Energy Raises Rs 112 Cr From Zurich-Based responsAbility Updated On Thu, Jul 23rd, 2020 by Saurenergy Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore in debt funding from Zurich-based asset manager responsAbility. Hyderbad-based clean energy firm Fourth Partner Energy (FPE) has announced that it has raised roughly Rs 112 crore (USD 15 million) in debt funding from Zurich-based asset manager responsAbility. The latest infusion is […] Read more
LG Chem Unveils Full Home Backup Solution With SolarEdge Updated On Wed, Jul 22nd, 2020 by Saurenergy LG Chem has announced that it has joined forces with SolarEdge to bring compatibility with the LG RESU10H (400V, 9.8 kWh) home battery. LG Chem, a leading manufacturer of advanced lithium-ion batteries, has announced that it has once again joined forces with SolarEdge Technologies, a global leader in smart energy, to bring compatibility with the […] Read more
RK Singh Launches First-of-its-Kind EV Charging Plaza in Delhi Updated On Tue, Jul 21st, 2020 by Saurenergy With a focus on enhancing energy efficiency and promoting e-mobility, RK Singh has inaugurated India’s first public EV charging plaza in New Delhi. With a focus on enhancing energy efficiency and promoting e-mobility, Union Minister for Power, New & Renewable Energy, RK Singh on July 20, 2020, inaugurated India’s first public EV (Electric Vehicle) charging […] Read more