Tube Investments to form Subsidiary to Increase Focus on Clean Mobility Updated On Tue, Jan 25th, 2022 by Saurenergy Murugappa group company Tube Investments of India (TII) will form a new 100% subsidiary which will consolidate its electric three-wheeler and other EV-related ventures. Through this clean mobility subsidiary, Tube Investments of India (TII) will acquire around 70% controlling stake in Cellestial E-Mobility for an investment of Rs 161 crore. The acquisition would be through […] Read more
Karnataka Fish Vendors to Get Solar-Powered EVs Updated On Tue, Jan 25th, 2022 by Saurenergy In an attempt to provide consumers with fresh fish at their doorsteps, and uplift the fishing community, Karnataka’s fisheries department has decided to introduce e-vehicles with cold storage facility and solar panels for the door-to-door delivery of fish, report multiple media outlets. A cold chain is the most important, and decisive aspect of the supply […] Read more
Bengaluru to get 1500 e-buses under Centre’s ‘Grand e-Mobility Challenge’ Updated On Mon, Jan 24th, 2022 by Saurenergy If all goes to plan, Bengaluru will get 1,500 electric buses under the Centre’s ‘Grand Challenge’ plan. Convergence Energy Services Ltd (CESL), a PSU under the Union ministry of power, recently unveiled a tender worth Rs 5,500 crore to induct 5,580 e-buses (5,450 single-decker and 130 double-decker ones) across the country. Bengaluru is expected to […] Read more
Solid State Batteries Get A Vote of Confidence With $200 Million For Factorial Energy Updated On Mon, Jan 24th, 2022 by Saurenergy Massachusetts, US based Solid State Battery maker Factorial Energy has raised $200 million as part of a Series D round of funding, led by Mercedes-Benz and Stellantis. The startup said that the money will help commercialise its solid state batteries for use in EV’s and more faster. Factorial Energy has developed a 40 Ah version of solid-state […] Read more
IIT Researchers Develop New Tech to Cut EV Charging Costs by Half Updated On Mon, Jan 24th, 2022 by Saurenergy Researchers from various IITs have developed a new technology for charging Electric Vehicles which costs about half of the current on-board charger technology and can help to significantly reduce the cost of two-and-four-wheeler EVs. According to the team, the lab scale development has already been done at IIT (BHU) and upgradation and commercialisation was in […] Read more
The Sodium Ion Batteries Behind Reliance’s $135 million Purchase of Faradion Updated On Sat, Jan 22nd, 2022 by Saurenergy When Reliance announced the outright purchase of UK based Faradion Limited on the last day of 2021, it was widely seen as one more brick in the renewable edifice that Reliance has committed itself to. The Faradion investment was the 6th major investment by the firm into technologies or competency in the renewable space. But […] Read more
When Will The Impact Of Chip Shortages On EV’s End In India? Updated On Thu, Jan 20th, 2022 by Saurenergy Semiconductor Chip shortages has become a trouble spot for EV growth in India. A fear that Chip shortages will lead to EV decline in India persists. This come amidst the rising need of the microprocessors with the rise in EV sales in Indian market. Marking 42,067 units, the sales crossed the 40,000 mark in a […] Read more
Budget 2022- As Wishlists Grow Longer, What Can Renewables Industry Expect Updated On Thu, Jan 20th, 2022 by Saurenergy The Union Budget for 2022, scheduled to be presented on Feb 1, 2022, is probably done and dusted for all practical purposes by now. Changes if any, would have been made, representations considered and dealt with, and the focus now on balancing the books. In that situation, we check out the key industry demands from […] Read more
IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape Updated On Wed, Jan 19th, 2022 by Saurenergy The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […] Read more
