IIT Madras Partners with French Firm to Develop RE Research Park Updated On Mon, Feb 14th, 2022 by Saurenergy French glass and building material major Saint-Gobain India and IIT Madras Research Park have entered into an MoU on Thursday to develop a 100% Renewable Energy (RE) – research park. Saint-Gobain India will support IIT Madras Research Park with a funding of Rs one crore over the next three years and the collaboration is to […] Read more
KoBold Raises Over $190 M to Source Metals for EV Batteries Updated On Fri, Feb 11th, 2022 by Saurenergy Silicon Valley-based KoBold Metals has raised more than $190 million in its latest Series B funding round that is expected to give speed to the firm’s efforts to find new deposits of critical metals that are required for EV batteries and clean energy. KoBold Metals is a start-up backed by a coalition of billionaires including […] Read more
Euler Motors, TWU to Deploy 1,000 E3W Within a Year Updated On Fri, Feb 11th, 2022 by Saurenergy Bengaluru-based Electric Vehicle (EV) financier Three Wheels United (TWU) announced it has partenered with EV maker Euler Motors to deploy more than 1,000 electric 3-wheelers across Delhi NCR, Bengaluru, Chennai, and Hyderabad by the end of the financial year 2022-23. TWU aims to address the issue of high cost of finance for drivers of electric […] Read more
India’s RE Capacity Addition Rose by ~80% in Q3 FY22: CEEW-CEF Updated On Thu, Feb 10th, 2022 by Saurenergy New capacity addition of non-hydro renewable energy increased to 3.4GW during the third quarter of FY22, compared to just 1.9GW installed in the same period last year, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) Market Handbook. This is nearly an 80% rise in new renewable energy (RE) capacity addition […] Read more
India’s 1st Virtual Marketplace for EVs is All Set for Launch Updated On Thu, Feb 10th, 2022 by Saurenergy Electric vehicles (EVs) have begun making inroads into common Indian households as a result of rising innovative collaborations among automobile manufactures, battery producers, research institutes and the government. In anticipation of a fast approaching boom in the sector, the country’s first virtual e-mobility marketplace – EV MARKETZ – is all set for a launch. The […] Read more
Tata Group declines to participate in ‘EV Battery’ PLI Scheme Updated On Wed, Feb 9th, 2022 by Saurenergy The Tata Group, which is a key player in the country’s transition to clean energy, has decided to not participate in the government’s massive Rs 18,100-crore production-linked incentive (PLI) for the EV Battery development in the country. The Tata Group found that the return on the risks involved in the segment looks unfavourable for them. […] Read more
Record Sales in Jan’22 Push Ford to #2 in Global EV Market Updated On Tue, Feb 8th, 2022 by Saurenergy American auto major Ford has climbed to rank 2 in the EV market. The company saw its highest-ever EV sales in January 2022. Additionally, the company was also ranked as the top-selling US automaker. As per the latest media reports, the EV sales of Ford have reached their all-time high. The growth is mostly due […] Read more
Charged Up! EV Sales to Hit One Million Per Month Mark Soon Updated On Tue, Feb 8th, 2022 by Saurenergy After a record-setting milestone of electric vehicles sales, almost doubling in 2021 to 6.6 million compared to 3 million of a year earlier, a more ambitious question emerges. When will the EV sales hit a million per month milestone? The year 2021 was the harbinger for electric vehicles. The market hit an all time high […] Read more
Audi looks to manufacture EVs in India to Increase volumes Updated On Mon, Feb 7th, 2022 by Saurenergy Leading auto brand Audi is weighing the feasibility of manufacturing its electric vehicles locally in India. A senior company official has said that the said decision is being mulled to step up the volume of cars. The German based automaker had already made its intentions public about going all-electric by year 2033. The company says […] Read more
