Three-Wheeler EV Sales In India Increased By 65.23% In 2023: FADA Updated On Mon, Jan 15th, 2024 by Saurenergy The Federation of Automotive Dealer Association (FADA) released its data on Electric-Three-Wheeler auto retail for the month of December’23 and also for the (Cyclic Year) CY 2023. The data revealed several trends and hinted at the continuous rise of the segment in India. Electric – Three – Wheler FADA in its data for the Cyclic […] Read more
E-Fuel Blending In EVs Can Reduce Fossil Fuel Dependence By 2028: IEA Estimates Updated On Mon, Jan 15th, 2024 by Saurenergy A recent report by International Energy Agency (IEA) found that a combination of electric vehicles (EVs) and biofuels is anticipated to significantly reduce global oil demand. It’s estimated to offset 4 million barrels of oil-equivalent per day by 2028, constituting over 7% of the predicted oil demand for transportation. The IEA report on E-fuel mentioned, […] Read more
14 Trends That Drove Change In RE Within 2023: IEA Analysis Updated On Fri, Jan 12th, 2024 by Saurenergy The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […] Read more
Germany’s EV Adoption Increases By 11% In 2023: FMTA Report Updated On Fri, Jan 12th, 2024 by Saurenergy A recent report by the Federal Motor Transport Authority (FMTA), a government agency in Germany released new data on the electric vehicles registered in December 2023. The latest report talks about the increased penetration of electric vehicles in the European country. The report said, “2,41,883 passenger cars were newly registered in the last month of […] Read more
Kia, Uber To Offer Ride Hailing PBVs Services On Uber Platform Updated On Thu, Jan 11th, 2024 by Saurenergy Kia Corporation and Uber have signed a Memorandum of Understanding (MoU) at Consumer Electronics Show (CES) in Las Vegas, committing the two companies to collaborate on Kia’s planned development and deployment of Platform Beyond Vehicle’ strategy (PBVs). The Memorandum of Understanding (MoU) formalizes collaboration between Kia and Uber, as Kia plans to develop and offer […] Read more
India – Japan Collaborate To Establish EV Manufacturing Capacity In Karnataka Updated On Thu, Jan 11th, 2024 by Saurenergy Cabinet Minister of Large & Medium Industries and Infrastructure Development, Government of Karnataka MB Patel recently, in his social media post on X, announced collaboration between Karnataka and Japan to manufacture Electric Vehicles (electric vehicles (EVs) in the state. In a recent announcement on social media platform X, he shared details of the upcoming collaboration. […] Read more
EVIFY Raises $1.3 Million From Piper Serica Angel Fund Updated On Thu, Jan 11th, 2024 by Saurenergy EVIFY, a Surat-based Electric Vehicle (EV) logistics startup, has announced that it raised $1.3 million in funding in a ‘Pre-Series A’ round led by venture capital firms GVFL and Piper Serica Angel Fund. Existing investors, ‘We Founder Circle’ and ‘IVY Growth’, along with a few angel investors, also participated in the round. The startup, EVIFY […] Read more
BYD Set To Build New 30 GWH Sodium-Ion Battery Facility In China Updated On Wed, Jan 10th, 2024 by Saurenergy Chinese automotive company BYD has announced building a new sodium-ion battery facility in Xuzhou. With an investment of nearly USD 1.4 billion, the new facility is projected to generate an annual capacity of 30 GWh. BYD which stands for ‘Build Your Dream’ it’s a Chinese multinational conglomerate specializing in various industries, including electric vehicles, researchable […] Read more
Green Energy, EVs To Drive India’s GDP Growth, Estimates EY Report Updated On Tue, Jan 9th, 2024 by Saurenergy Ernest and Young (EY), in its latest report, said that the green energy industries and electric vehicles could prove to be triggering factors, driving India’s total GDP growth by 2047-48. The report states that this can also pave the way for India’s transition to a developed economy with a rise in the per capita income. The […] Read more
