Two-Wheeler EV Sales Dip As Govt Slashes FAME-II Subsidy Updated On Mon, Jul 3rd, 2023 by Saurenergy The slashing of subsidies for electric two-wheelers by the Ministry of Heavy Industries last month has now shown results in its sales in the market. The ministry gives subsidies under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II scheme. This hand-holding support from the government apparently helped many consumers to shun polluting vehicles and […] Read more
Maharashtra & Gogoro to Partner on $1.5 Billion Ultra Mega Project Updated On Fri, Jun 30th, 2023 by Saurenergy The Maharashtra government presented Gogoro Inc. with an offer letter to enter into an ‘Ultra Mega Project’ agreement to manufacture vehicles, smart battery packs, and battery swap stations, and deploy an open and accessible battery swapping infrastructure in the State beginning late 2023. The announcement was made by Maharashtra Chief Minister Eknath Shinde. The initiative […] Read more
RACEnergy Opens Battery Facility Capable of Producing 30,000 Swappable Batteries PA Updated On Fri, Jun 30th, 2023 by Saurenergy RACEnergy, a deep-tech electric vehicle infrastructure company for battery swapping, has inaugurated its 10,000 sq. ft. battery production facility. Equipped with a 50 MWh battery production plant, it can manufacture 30,000 batteries per annum. As per the firm, the new facility will provide a collaborative environment for engineers and designers to push the boundaries of […] Read more
NREL Study Forecasts Significant Decline in BESS Costs by 2030 Updated On Wed, Jun 28th, 2023 by Saurenergy The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […] Read more
Indian Firm Epsilon To Setup EV Battery Component Manufacturing Unit In US Updated On Tue, Jun 27th, 2023 by Saurenergy Indian battery materials firm Epsilon Advanced Materials (EAM) has now decided to set up its electric vehicle (EV) component material manufacturing unit in the United States (US). It comes days after India joined the elite US-led Minerals Security Partnership (MSP) club. The firm also planned to invest around USD 650 million in the Western country […] Read more
Delhi to Welcome 140 Public Charging Points & 48 Battery Swapping Facilities Updated On Mon, Jun 26th, 2023 by Saurenergy In a move that will accelerate the Delhi’s EV (electric vehicle) segment, Delhi Chief Minister Arvind Kejriwal revealed recently that Delhi will welcome 140 new public charging points. 48 battery swapping facilities. These will come across 53 locations in the city. Officials say that the price of charging at all these points will be fixed […] Read more
Startup Profile-ZEVPoint E-Mobility Updated On Fri, Jun 23rd, 2023 by Saurenergy ZEVPoint E-Mobility is an Indian start-up into EV charging infrastructure space offering fast and secure charging solutions for home & commercial clients that suits their needs. Its flagship product is the Swift Pro EV charger that comes with features like monitoring usage, password protection, scheduling your charging time and power, and intelligent safety chip for […] Read more
Lithium Market Size To Grow By 1,066.47 Thousand From 2022 To 2027: Report Updated On Thu, Jun 22nd, 2023 by Saurenergy A latest global market research report on Lithium claimed that the international lithium market size is estimated to increase by 1066.47 thousand t from 2022 to 2027. Global market research company Technavio released the report. The Global Lithium Market 2023-27 report claimed that the market’s growth momentum would progress at a Compound Annual Growth Rate […] Read more
S&P Commodity Insights Top 10 RE Market Trends in 2023 Updated On Wed, Jun 21st, 2023 by Saurenergy Commodity Market Solutions Firm S&P Global Commodity Insights released its white paper on ‘The Ten Cleantech Trends in 2023’, focusing on the technologies to reduce emissions and confront climate change. Following are the main takeaways from the cleantech trends 2023 from S&P Global Commodity Insights- 1. Declining Component Prices--Though the reduction in the component prices […] Read more
