Servotech Bags 120 Cr Order Of 1800 DC Fast EV Chargers From BPCL Updated On Wed, Jan 31st, 2024 by Saurenergy Servotech Power Systems, an EV Charger manufacturer in India, bagged an order for 1800 DC Fast EV chargers from Bharat Petroleum Corporation Limited (BPCL). The project, valued at 120 crores, is expected to involve Servotech manufacturing, supplying, installing, and deploying these 1800 EV chargers across the nation. It particularly included Bharat Petroleum Corporation Limited (BPCL) […] Read more
EIF Commits €150 Mn To White Summit Capital Infrastructure Fund II Updated On Wed, Jan 31st, 2024 by Saurenergy The European Investment Fund (EIF) recently signed a €150 million commitment to the White Summit Capital Decarbonisation Infrastructure Fund II (WDIF II). European Investment Fund (EIF), a part of the European Investment Bank Group recently signed an agreement with ‘White Summit Capital’ which forms a specialised energy transition infrastructure investment manager. The project has the […] Read more
ResponsAbility Invests USD 25mn In BluSmart EV Network Updated On Tue, Jan 30th, 2024 by Saurenergy As part of its broader USD 500 million climate investment strategy aimed at actively reducing CO2 emissions in Asia, responsAbility will invest up to USD 25 million on behalf of its investors in Indian EV ride-hailing service provider-BluSmart, the firm announced. “This investment will help BluSmart expand its EV charging infrastructure across India and is […] Read more
Revolutionizing EV Charging: Is India Ready to Accelerate Into The Future With V2G? Updated On Thu, Jan 25th, 2024 by Saurenergy Vehicle-to-grid (V2G) technology marks a transformative phase in the intersection of Electric Vehicles (EVs) and power grids. This cutting-edge system allows electric vehicles to draw energy from the grid for charging and feed stored energy in vehicle batteries back into the grid when needed. V2G, often associated with bidirectional charging, establishes a dynamic relationship where […] Read more
Biden Extends Support To Made-in-America EV Charging Network Updated On Thu, Jan 25th, 2024 by Saurenergy United States (US) President Joe Biden made a recent announcement of vetoing a law that waived the American requirement for purchasing electric vehicles (EVs). While extending support to ‘Investing in America Agenda’ the President said in a press statement that, he “pledged to veto this resolution, which would hurt American workers, undermine domestic manufacturing, and […] Read more
Tata Motors To Manufacture EVs in Sanand Factory From Coming April Updated On Tue, Jan 23rd, 2024 by Saurenergy Starting April this year, India’s EV giant Tata Motors is set to initiate the production of electric vehicles at the Sanand plant in Ahmedabad, Gujarat, that it had acquired from Ford India. The EV facility, obtained by Tata Passenger Electric Mobility Ltd, a unit of Tata Motors, for Rs 725.7 crore in January 2023, will […] Read more
Biden Admin Awards $623 Million To Shore Up EV Charging Network In US Updated On Fri, Jan 19th, 2024 by Saurenergy Amid the push for electric vehicles, the Joe Biden administration in the United States (US) has awarded $623 million in grants to states, and local governments to help them build and expand Electric Vehicle (EV) charging networks in the country. The grants aim to clear the way for funding of 47 EV charging stations and […] Read more
EV Sales In India Record 50% Rise, Two-Three Wheelers Dominate Sales Updated On Thu, Jan 18th, 2024 by Saurenergy As the focus on a green future increases, electric vehicles have gradually become a part of vogue amid a proactive push by governments and several institutions to create awareness among the people. A study conducted by CareEdge Ratings shows that sales of Electric Vehicles registered a significant growth in CY23 as compared to CY22. The […] Read more
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
