JSW, MG Motor JV Sets Target Of 1 Million EVs Sales For India By 2030 Updated On Wed, Mar 20th, 2024 by Saurenergy Mumbai-based steel producer JSW announced its collaboration with MG Motor a luxury SUV cars provider in India through a joint venture. This collaboration between MG Motor and JSW Group aims to sell one million electric vehicles in India by 2030 and capture a third of the market. The joint venture, according to the two businesses, […] Read more
GoodEnough Energy To Setup 7GWh BESS Gigafactory In J&K Updated On Wed, Mar 20th, 2024 by Saurenergy GoodEnough Energy has announced to start of its Battery Energy Storage Systems (BESS) gigafactory for grid stability with an initial capacity of 7GWh in Jammu and Kashmir (J&K). The Battery Energy Storage Systems (BESS) manufacturer factory is estimated to have 20 GWH capacity by 2026 in its goal to create a fully integrated ecosystem. The […] Read more
Revfin Inks Deal With Sun Mobility For EV Financing Updated On Wed, Mar 20th, 2024 by Saurenergy Electric Vehicle maker SUN Mobility and Revfin have collaborated to offering innovative financing solutions for fleet and passenger vehicles utilizing SUN Mobility’s Battery-as-a-Service (BaaS) model. Revfin will finance two-wheelers for fleet business and three-wheelers for cargo and passenger vehicle segments. SUN Mobility also plans to deploy almost 100k of these vehicles under the BaaS model, […] Read more
Jindal Stainless, JBM Auto Partner To Roll Out 500 E-Buses Updated On Tue, Mar 19th, 2024 by Saurenergy Jindal Stainless, a stainless-steel manufacturer, announced its partnership with JBM Auto Ltd., an electric bus manufacturer, for the fabrication of over 500 energy-efficient and light-weight stainless steel electric buses. Jindal Stainless claimed to provide JT Tubes, made up of low-carbon, chromium-manganese austenitic stainless steel to JBM Auto The supplied material, also denoted as N7 in […] Read more
Servotech, Nashik Municipal Collaborate To Build 20 EV Charging Stations Updated On Tue, Mar 19th, 2024 by Saurenergy Servotech Power Systems Ltd., a tech-enabled electric vehicle (EV) Charging solutions provider secured a contract from the Nashik Municipal Corporation (NMC). This contract involves Servotech supplying, commissioning, and constructing 20 electric vehicle (EV) charging stations throughout the Nashik Municipal Corporation area. The objective of this contract is to meet the increasing need for convenient and […] Read more
UK Invests £400K For National Grid Innovation Projects Under Ofgem Fund Updated On Tue, Mar 19th, 2024 by Saurenergy National Grid Electricity Transmission (ET) a UK-based organisation that maintains high-voltage electricity networks in England was recently awarded £135,000 for a project. This project was undertaken to research new ways to monitor the health of cables in future hybrid AC/DC networks, spot issues in offshore links early, and avoid unplanned outages. They undertook this initiative […] Read more
Hyundai, Kia To Recall 1,70,000 EVs Over Software Issue In South Korea: Report Updated On Fri, Mar 15th, 2024 by Saurenergy Hyundai Motor Co and sister company Kia Corp have announced that they will recall about 170,000 electric vehicles (EVs) in South Korea over problems with software in the charging systems, reported news agency Reuters quoting South Korea’s transport ministry. “Hyundai Motor and Kia will take prompt actions to prevent customer inconvenience and will continue to […] Read more
E-2W, 3W To Witness Increase Uptake Despite FAME-II Subsidy Reduction: ICRA Updated On Fri, Mar 15th, 2024 by Saurenergy India-based investment information and credit rating agency (ICRA) estimated a surge in Indian electric two-wheeler e-2w, and e-3w three-wheeler (excluding e-rickshaws) penetration levels can reach 6-8% and 14-16% respectively in FY2025. The company opined that the government Electric Mobility Promotion Scheme 2024 is a timely move to support the adoption of electric vehicles (EV) in […] Read more
Responsible Renewable Energy Summit focuses on social good, circularity & ecological aspects of RE expansion in India Updated On Fri, Mar 15th, 2024 by Saurenergy To foster dialogue about India’s rapidly advancing renewable energy landscape, the Responsible Energy Initiative convened its annual “Responsible Renewable Energy Summit 2024,” in New Delhi. The event drew active engagement from senior government officials, stakeholders in the renewable energy sector, investors, intellectuals, policymakers, research institutions, and energy specialists. The event was organised by Responsible Energy […] Read more
