Uno Minda Signs Deal With Chinese Firm For Making EV Parts Updated On Thu, Jun 6th, 2024 by Saurenergy Uno Minda, a major supplier of seating, lighting, switching, and acoustics solutions to international automakers, announced that it had signed a deal with Suzhou Innovance Automotive to manufacture and market a limited number of high-voltage category electric vehicle products for Indian passenger cars and commercial vehicles. The next-generation 3-in-1 electric drive systems (e-Axle), EV motors, […] Read more
Indian Oil, Sun Mobility To Build Battery-Swapping Network Updated On Wed, Jun 5th, 2024 by Saurenergy SUN Mobility, an energy infrastructure and services provider for electric vehicles (EVs), announced a collaboration and a joint venture (JV) with Indian Oil, a diversified, integrated energy major to establish and deploy one of the largest battery-swapping infrastructure networks by 2030. The joint venture is expected to scale up to over 10,000 battery-swapping stations across […] Read more
SOLshare Secures $2.2 million Investment For EV Integration Updated On Mon, Jun 3rd, 2024 by Saurenergy SOLshare, a climate-tech company based in Dhaka, has recently secured an investment of $2.2 million in Series A+ funding led by SBK Tech Ventures as part of a $4 million round, according to a press release. The company claims that the integration of electric cars into the Blue Dart fleet is likely to bring significant […] Read more
Courier Company Blue Dart To Expand EV Fleet Updated On Mon, Jun 3rd, 2024 by Saurenergy Courier and package distribution company Blue Dart has announced it will be expanding its EV fleet in order to cut down emissions. Balfour Manuel, Managing Director, Blue Dart, said, “Blue Dart is driving sustainable logistics in India, paving the path towards a greener future. By integrating electric vehicles into our fleet, we are poised to […] Read more
Zepto Partners With Battery Smart To Get Access To 1000 Battery Swapping Centers Updated On Mon, Jun 3rd, 2024 by Saurenergy Indian battery swapping company Battery Smart today announced its partnership with Zepto, an e-grocery and quick commerce service. The partnership will allow the delivery partners of Zepto 1000 battery swapping service points. Battery swapping refers to system where a consumer swaps his discharged batteries with a charged batteries from battery swapping centres to reduce the […] Read more
EV Maker Euler Motors Raises Rs 200 crore Updated On Thu, May 30th, 2024 by Saurenergy The manufacturer of commercial electric vehicles, Euler Motors, announced that it has closed its Series C round, having raised approximately Rs 200 crore. The business had previously obtained over $60 million in new financing in October 2022 and approximately $14.5 million in November 2023. This round’s investors include Blume Ventures, a domestic venture capital firm, […] Read more
Expediting Clean Energy Transition Improves Living Standards: IEA Updated On Thu, May 30th, 2024 by Saurenergy Transitions to clean energy are affecting the cost of living the world over. According to a new report by the International Energy Agency (IEA), speeding up the move to clean energy technologies improves the affordability of energy and can relieve pressures on the cost of living more broadly The IEA report, Strategies for Affordable and […] Read more
5 Interesting Green Ventures That Have the US’s DOE Backing Them Updated On Thu, May 30th, 2024 by Saurenergy There’s a lot of promising green energy startups and concepts out there that end up getting shuttered because of a lack of funding. Whether the lack is because they failed to raise publicity or their ideas being too ahead for their time, there are a multitude of reasons as to why a perfectly good idea […] Read more
India’s EV Sector: OEMs Lead 70% of Deals In 2023, Says Report Updated On Wed, May 29th, 2024 by Saurenergy According to a report by Bain and Company and Indian Venture and Alternate Capital Association, EV penetration in private equity and venture capital (PE-VC) is projected to rise from 6% in 2023 to 40% by 2030. The report highlighted that 2023 followed the trend observed in the second half of 2022, with a reduction in […] Read more
