The Transition to EVs in India Will Require Rs 19.7 Lakh Crore Investment: Report Updated On Tue, Feb 2nd, 2021 by Saurenergy The transition to EVs in India will require a cumulative investment of Rs 19.7 lakh crore in EVs, charging infrastructure, & batteries by 2030 A new report by NITI Aayog and Rocky Mountain Institute (RMI) has found that the transition to electric vehicles (EVs) in India will require a cumulative capital investment of USD 266 billion (Rs 19.7 lakh crore) in EVs, […] Read more
‘Mobilising Finance for EVs in India’ Report by Niti Aayog Updated On Tue, Feb 2nd, 2021 by Saurenergy India has signalled that the future of mobility is electric. The economics of vehicle electrification are improving, with battery pack prices decreasing from about Rs 75,000/kWh in 2010 to Rs 13,000/kWh in 2019. Despite a dip in EV sales in 2020, due to the economic effects of COVID-19, confidence in India’s EV future will continue […] Read more
Tesla Won’t Solve the Issue of Low EVs Influx in India: IDTechEx Report Updated On Mon, Feb 1st, 2021 by Saurenergy Tesla has announced its plans to enter the Indian automobile market at the very beginning of 2021. So how will Tesla reach its goals in India, and how India will boost its EV adoption with this foreign entry? Well, the answer is not quite that straight and easy. However, a report from IDTechEx: “Electric Vehicles in […] Read more
EV Acceleration in UP, CM Proposes Tax Exemptions Updated On Sat, Jan 30th, 2021 by Saurenergy Considering the whole country is moving fast forward towards electric vehicles (EV) adoption, the Uttar Pradesh government is bringing advancements to increase the influx of EVs into the state. Recently, the department of industrial development reviewed EVs, during that, Chief Minister Yogi Adityanath proposed an exemption of road tax and registration fees to promote EVs. […] Read more
EV Sector Should Switch to Completely Indigenous Batteries: Nitin Gadkari Updated On Sat, Jan 30th, 2021 by Saurenergy Ministry of Road Transport & Highways asked the EV industry to shift towards indigenous battery technologies. With electric vehicles (EVs) fast becoming the new reality, the need to emerge as pioneers in developing leading battery and power-train technologies, the ministry stated. In a statement, “Noting that the challenge we presently face is the control on […] Read more
General Motors Aims to Become Carbon Neutral by 2040 Updated On Sat, Jan 30th, 2021 by Saurenergy US based automaker, General Motors yesterday announced its plans to become carbon neutral in its global operations by 2040. Also, the company has committed to setting science-based targets to achieve carbon neutrality. In addition to this, the company has also signed the Business Ambition Pledge for 1.5⁰C, an urgent call to action from a global […] Read more
Grinntech To Boost Up Lithium-Ion Batteries Production in New Manufacturing Plant Updated On Fri, Jan 29th, 2021 by Saurenergy Grinntech, a startup focused on Lithium-Ion batteries for electrical vehicles (EVs) and energy storage systems announced the inauguration of their larger manufacturing plant in Chennai. The new manufacturing plant is built on a one-acre plot, it will have a capacity to produce 400 MWh per year of Lithium-Ion batteries suitable for electric two-wheelers, three-wheelers, farm […] Read more
Tech Startup Matter To Launch EV Two Wheelers For India Updated On Fri, Jan 29th, 2021 by Saurenergy Gujrat based tech startup – Matter has announced that it is set to launch its electric vehicles (EVs) and a range of energy solutions in India in 2021. The company will be producing electric two-wheelers (E2Ws) and setting up its market in major Indian cities, including New Delhi, Bengaluru, Mumbai, Chennai, Hyderabad, Kolkata, Pune, Lucknow, […] Read more
CM Sawant Inaugurates 1st Public EV Charging Station Installed in Goa by CESL Updated On Fri, Jan 29th, 2021 by Saurenergy The Chief Minister of Goa, Dr. Pramod Sawant has inaugurated the first public EV charging unit, as part of the Green Goa Initiative. The Chief Minister of Goa, Dr. Pramod Sawant has inaugurated the first public Electric Vehicle (EV) charging unit, as part of the Green Goa Initiative. The EV charger has been installed by […] Read more
