Chargeup,Two More Join Up To Offer E-Rickshaws At Rs 90,000 Updated On Fri, Jul 8th, 2022 by Saurenergy The Delhi-based battery-swapping company, Chargeup has announced its collaboration with two firms including Paisalo Digital Ltd and Goenka Electric Motors (GEM). Companies said, through this collaboration, they will help E-rickshaw drivers own their vehicles at only Rs 90000 only. Chargeup said it’s for the first time when an affordable E-Rickshaw Sale across Delhi/NCR has been […] Read more
NOIDA Authorities Make EV Charging Station Must For Every New Building Updated On Thu, Jul 7th, 2022 by Saurenergy NOIDA authorities will not give its nod to any new building plan unless there is a detailed provision in the map for an electric vehicle (ev) charging station. A news report on July 7 quoted an official of the Noida Authority as saying that the decision was followed with an amendment to the Building Manual, […] Read more
Northvolt Raises $1.1 Billion To Roll Out Battery Factory In Europe Updated On Thu, Jul 7th, 2022 by Saurenergy Swedish battery manufacturer Northvolt has shared signing a $1.1 billion convertible note towards financing the expansion of battery cell and cathode material production in Europe. The decision has been taken to complement the increasing demand for batteries. Investors that lent participation in the capital raise included AMF, AP funds 1-4, ATP, Ava Investors, Baillie Gifford, […] Read more
ECA Committee for Risk Assessment Wants Lithium Salts to be in Category 1A Updated On Thu, Jul 7th, 2022 by Saurenergy A major international chemical maker has warned that new draft proposals labeling some materials as “hazardous” could impact negatively investments in the lead and lithium battery sectors in Europe. The European Union (ECA Committee) was forewarned by lithium and battery manufacturers that a proposal to label the metal as hazardous may seriously harm Europe’s expanding […] Read more
BYD Overtakes Tesla on EV Leaderboard To Become World’s Biggest EV Producer Updated On Wed, Jul 6th, 2022 by Saurenergy China’s BYD has seized Tesla’s crown as the world’s biggest EV producer. This comes as a consequence of the number of sales reflected in the first six months of 2022, as per July 5 filing by the company. The Shenzhen-based carmaker sold about 641,000 new energy vehicles (NEVs), including electric vehicles and hybrids, in the […] Read more
Australia Will Now Supply Lithium, Other Critical Minerals To India Updated On Wed, Jul 6th, 2022 by Saurenergy Australia has committed to supplying critical minerals, like cobalt and lithium, to augment India’s electric vehicles, solar power, defence and other strategic segments. During the Australian visit of India’s Minister for Coal and Mines, Pralhad Joshi, Australia’s Minister for Resources and Minister for Northern Australia, Madeleine King held that the island country would commit AUD […] Read more
EV Batteries in 5% GST Bracket to Support Faster Adoption Updated On Tue, Jul 5th, 2022 by Saurenergy The GST rates on lithium-ion battery packs have been reduced by the government from 18 percent to 5 per cent which is the lowest tax category. A statement by the Finance Ministry held, “Electric vehicles, whether or not fitted with a battery pack, are eligible for the concessional GST rate of 5 percent.” This was […] Read more
Kinetic Green Energy And Cholamandalam Sign Pact To Finance EVs Updated On Mon, Jul 4th, 2022 by Saurenergy Pune based EV manufacturer Kinetic Green Energy on July 4 announced that the buyers can finance their EVs with Cholamandalam Investment and Finance Company, Chennai-based Murugappa Group’s financial services arm. Both the companies having entered into an agreement, under which the customers can avail themselves of getting the EVs financed by Chola. Kinetic manufactures both electric […] Read more
Log9 Materials Showcases It’s Full EV Range At Expo Updated On Mon, Jul 4th, 2022 by Saurenergy Bengaluru-based Electric vehicle startup Log9 Materials, with its indigenously-developed innovations/technology-based solutions for the EV, energy storage, and other allied domains (Last-Mile Delivery) is in hyper active mode. From multiple partnerships, to participating in industry expos, to even investments in other startups, the firm and its founders have been very busy lately. At a recent green […] Read more
