Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business Updated On Mon, Jun 20th, 2022 by Saurenergy Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […] Read more
Nunam Will Deploy The Used Batteries of Audi In E-Rickshaw Updated On Fri, Jun 17th, 2022 by Saurenergy Indo-German startup Nunam has found a way to recycle and use the used batteries of luxury car Audi. A press release by the startup on June 15 claimed that the recycled batteries of Audi will be used as a pilot project in the e-rickshaws already mainstreaming the commuting system for the office goers particularly across […] Read more
Disruptive Tech Trends Transforming The Shape Of EV Industry Updated On Tue, Jun 14th, 2022 by Saurenergy In 2020, before the pandemic shook up the world, especially the Indian automotive industry, electric vehicles were moving steadily into the spotlight. The total annual sales of different types of electric vehicles such as battery electric vehicles and hybrid electric vehicles in the year 2019 crossed over the two-million-vehicle mark. But even due to the […] Read more
EV Awareness Portal Launched By Karnataka Govt, NITI Aayog, UK government Updated On Tue, Jun 14th, 2022 by Saurenergy Karnataka has launched ‘EV Jagruthi’, an awareness portal for electric vehicles that will help faster adoption and a cleaner transport sector in the southern state. The portal was inaugurated by Sunil Kumar, Karnataka Minister of Energy, and Alex Ellis, British High Commissioner to India. It was also informed that the portal was jointly developed by […] Read more
Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market Updated On Mon, Jun 13th, 2022 by Saurenergy Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from BITS Pilani. Having helped build robotics solutions in India’s first deep […] Read more
Record US $14.5 b Investment In Indian RE In Last FY Updated On Mon, Jun 13th, 2022 by Saurenergy A record US$14.5 billion was invested in renewable energy In India during the last financial year (FY2021-22) registering an increase of 125% compared to FY2020-21. However, that number still needs to be higher to meet the new demands of the renewable capacity target of 500GW by 2030. 15.5 gigawatts (GW) of renewable energy capacity was […] Read more
Ather, SBI collaborate to Widen Financing Options for EV customers Updated On Fri, Jun 10th, 2022 by Saurenergy Electric two wheeler manufacturer Ather Energy and State Bank of India have announced that they are collaborating to provide financing options to interested buyers of the electric vehicles. Ather wants to ease the process of purchase of the electric scooter for its purchasers by using the massive reach of the SBI in India to provide […] Read more
Amplus Solar To Include Tata Motors ACE EV In Its Clean Mobility Fleet Updated On Thu, Jun 9th, 2022 by Saurenergy Amplus Solar’s Electric Mobility vertical has entered an MoU with Tata Motors Limited regarding the procurement of the new Ace EV, strengthening its fleet for clean mobility solutions. As part of it’s clean mobility solutions, Amplus Solar provides electric vehicle fleets for cargo delivery to the nation’s top e-commerce, on-demand logistics and other companies on […] Read more
BYD To Start Supply of Batteries to Tesla Soon Updated On Thu, Jun 9th, 2022 by Saurenergy In what could be a key moment in the global electric vehicle industry, BYD will be supplying its batteries to the leading electric vehicle seller in the world – Tesla. The China-based company’s senior executive Lian Yubo said during an interview with the state controlled media house that BYD will sell its batteries ‘very soon’ […] Read more