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
Indian EV Sector Registered 170% Growth In FY23: CEEW-CEF Report Updated On Thu, May 11th, 2023 by Saurenergy A latest analysis report by the Council on Energy, Environment and Water’s Centre for Energy Finance (CEEW-CEF) claimed that sales of Electric Vehicles (EVs) in India grew exponentially in FY23. It claimed that the Indian EV sector witnessed a growth of 170 percent (compared to FY22). It also crossed the one million mark during the […] Read more
Satyen Sail Takes Over as Mobility Business Head at Magenta Mobility Updated On Thu, May 11th, 2023 by Saurenergy Satyen Sail has been appointed as the new Mobility Business Head at Magenta Mobility, a provider of electric mobility solutions. Satyen brings to the table more than 27 years of work experience that entails working with Coca-Cola, Vodafone, Kingfisher, and Reliance. Prior to his role at Magenta, Satyen looked after fleet operations with Lithium Urban […] Read more