Second Phase of Expansion of EV Charging Stations in New Delhi Gets NDMC Nod Updated On Fri, May 26th, 2023 by Saurenergy The New Delhi Municipal Council (NDMC) has given its nod to a proposal on the establishment of additional electric vehicle (EV) charging stations in Delhi. This is the second phase of expansion for EV charging stations in the city. The NDMC gave its approval to the EV charging station in NDMC area as part of […] Read more
LGES, Hyundai Motor Form JV for $4.3 Bn Battery Manufacturing Updated On Fri, May 26th, 2023 by Saurenergy Global EV conglomerates LG Energy Solution (LGES) and Hyundai Motor Group have announced an EV battery cell manufacturing joint venture in the USA by signing an MoU. Under the agreement, LGES and Hyundai Motor will produce EV batteries in the USA and further accelerate the electrification efforts of Hyundai Motor in North America. The signing […] Read more
Uber Green Set to Establish Presence In India Starting June 2023 Updated On Thu, May 25th, 2023 by Saurenergy Ride-sharing app Uber Green is set to mark its entry into India in June 2023. The presence of the firm will be established first in the three cities of Bengaluru, Mumbai, and Delhi. The initiative will enable riders to book cabs that are all-electric and have zero tail-pipe emissions. At present, Uber Green is operational […] Read more
Ford Secures Lithium Hydroxide Supplies From Nemaska Lithium For 11 Years Updated On Mon, May 22nd, 2023 by Saurenergy As North America rapidly adopts electric vehicles to combat climate change through sustainability, global auto conglomerate Ford Motor Company has entered into a long-term agreement with Quebec-based Nemaska Lithium for the supply of lithium products, including lithium hydroxide, over an 11-year period. Ford said that under the terms of the agreement, Nemaska Lithium would deliver up […] Read more
Esmito Attains AIS156 Phase 2 Certification for L3 & L5 Category Batteries Updated On Mon, May 22nd, 2023 by Saurenergy Provider of energy solutions for electric vehicles, Esmito, has announced the successful acquisition of the AIS156 Phase 2 certification for their L3 and L5 category batteries. The firm says that this achievement further solidifies Esmito’s unwavering commitment to delivering high-quality, reliable, and compliant energy solutions in the EV industry. The firm informs that the AIS156 […] Read more
Hyundai & Shell Partnership To Pave Way For Expansion Of EV Charging Network Updated On Fri, May 19th, 2023 by Saurenergy Hyundai Motor India Limited (HMIL) and Shell India have entered into a partnership to expand the charging infrastructure for electric vehicles in India. The two firms have partnered up to install 60 kW DC Fast Chargers across 36 Electric Vehicle (EV) dealerships of Hyundai Motor India. Shell has also set sights on establishing DC 120 […] Read more
Tesla’s Reignites Ambitions for Setting Up EV Plant, Pushing EV Sales in India Updated On Thu, May 18th, 2023 by Saurenergy American automotive giant Tesla is keen to extend its reach in India and is mulling over the domestic incentives that it can avail with relation to car and battery manufacturing. It held discussions with government officials recently towards this goal. Tesla is looking to establish a factory in India, where it aims to build electric […] Read more
Mufin Has Disbursed Highest Loans in Uttar Pradesh: Pankaj Gupta, Mufin Green Finance Updated On Mon, May 15th, 2023 by Saurenergy Mufin Green Finance, which claims to be India’s first listed NBFC dedicated to green financing, began its journey in 2016 with E-rickshaws way back. The firm claims a market share of 5% in e-rickshaw financing and says it has been able to keep the NPAs as low as 1.92%. With a portfolio dominated by borrowers […] Read more
Hyundai Eyes Expansion in India with Investment Worth INR 20,000 Cr in Tamil Nadu Updated On Fri, May 12th, 2023 by Saurenergy Korean automaker Hyundai Motor is intent on augment its Electric Vehicle (EV) market in India. The firm has said that it is looking to make an investment worth Rs 20,000 Cr for the upgradation of its facilities in Tamil Nadu. The investment will take place in a phased manner. Additionally, it has revealed that it […] Read more