Tata Launches Its First Pure Electric Vehicle–‘Punch.ev’ Updated On Wed, Jan 17th, 2024 by Saurenergy TATA Motors subsidiary Tata Passenger Electric Mobility Ltd (TPEM), recently launched its first pure electric vehicle (EV), ‘Punch.ev’, which is powered by “acti.ev”., i.e., Advanced Connected Tech-Intelligent Electric Vehicle. Punch.ev is one of the first products of that launch based on its Pure EV system ARE acti.ev. The Punch.ev claims to be cost-effective, and its […] Read more
ARENQ Partners with DE Power to Distribute EV chargers, Swapping Stations Updated On Tue, Jan 16th, 2024 by Saurenergy ARENQ, a manufacturer of energy storage batteries, partnered with DE Power, an Asian company specialized in Electric Vehicles (EV) charging solutions, as the exclusive distributor of latter’s chargers and swapping stations across India. “This collaboration marks a significant milestone in our commitment to revolutionize India’s electric mobility landscape. ARENQ is dedicated to empowering sustainable transportation […] Read more
LG Electronics Opens First US Factory To Produce Advanced EV Chargers Updated On Tue, Jan 16th, 2024 by Saurenergy South Korean multinational conglomerate LG Electronics announced opening of its first factory in the United States (US) for assembling electric vehicle (EV) charging stations. The new Electric Vehicle (EV) charger production factory is located in Fort Worth, Texas, and it expected to create new jobs and support the growth of America’s EV charging infrastructure. Fort […] Read more
VinFast Will Invest $2 Billion For Tamil Nadu Integrated EV Plant Updated On Mon, Jan 8th, 2024 by Saurenergy VinFast, the prominent electric vehicle (EV) manufacturer in Vietnam, has unveiled plans to establish an electric vehicle plant in the coastal town of Thoothukudi in southern Tamil Nadu, with a substantial investment totaling $2 billion. This announcement coincides with the ongoing Tamil Nadu Global Investors Meet in Chennai. In an official statement, VinFast declared its […] Read more
To Boost EVs, Himachal Restricts Diesel/Petrol Vehicles For Govt Depts Updated On Wed, Jan 3rd, 2024 by Saurenergy In an initiative to boost the growth of Electric Vehicles (EV) in Himachal Pradesh, Chief Minister Thakur Sukhvinder Singh Sukhu has directed all government departments not to buy diesel or petrol vehicles starting January 1, 2024. This has been done with a view to promoting electric vehicles on a large scale. If necessary, the departments […] Read more
Revfin Secures $14 Million in Series B Funding Round Led by Omidyar Network Updated On Tue, Dec 26th, 2023 by Saurenergy Digital lending platform Revfin announced the successful conclusion of its Series B funding round, securing $14 million (115 crore). Omidyar Network spearheaded the round with a $5 million investment, joined by the Asian Development Bank (ADB), Companion Capital Limited, and existing investors Green Frontiers Capital and LC Nueva. This funding brings Revfin’s total capital raised […] Read more
UK-EU New Trade Rule To Support, EV Manufacturers And Consumers Updated On Fri, Dec 22nd, 2023 by Saurenergy The United Kingdom government (UK) and European Union (EU) have recently announced their agreement to extended trade rules on electric vehicles (EVs). The move is set to help the manufacturers and consumers save up to £4.3 billion in additional costs. This agreement can provide long term certainty for automotive industry and boost electric vehicle sales […] Read more
20% Growth In EVs Registered In June to December YoY: Minister Updated On Wed, Dec 20th, 2023 by Saurenergy Minister of State for Heavy Industries, Krishan Pal Gurjar, mention in a written reply to the parliament that ‘There has been no slowdown in the sale of electric vehicles in the country during the previous two months.’ The statement comes even as talk of removing the FAME 2 subsidy for electric vehicles in the near […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
