Magenta Mobility Secures Debt Financing from SIDBI for EV Deployment in Delhi NCR Updated On Thu, Sep 7th, 2023 by Saurenergy Magenta Mobility, a provider of electric mobility and EV charging solutions has secured debt financing for about 350 EVs under the Green Finance Scheme by the Small Industries Development Bank of India (SIDBI). The loan received from SIDBI will help to scale up deployment of Cargo Electric Vehicles for last mile deliveries across Delhi-NCR region. […] Read more
Pimpri Chinchwad Municipal Corporation Issues RFS for Setting up 22 EV Charging Stations Updated On Thu, Sep 7th, 2023 by Saurenergy The Pimpri Chinchwad Municipal Corporation has issued a tender for the establishment of 22 electric vehicles charging stations at several locations that fall under its jurisdiction. The project development will take place under BOO basis (Build, Own, Operate). The bidder who emerges successful will be responsible for the operation and maintenance of the project for […] Read more
WBSEDCL Issues Tender for Supply of 47 EV Charging & Battery Swapping Stations Updated On Fri, Aug 25th, 2023 by Saurenergy West Bengal State Electricity Distribution Company Limited (WBSEDCL) has issued a tender to select agencies for the supply, installation, operation and management of 47 electric vehicle charging and battery swapping stations. The bidders will be responsible for establishing the stations and must commission them within six months of getting the work order. The last day […] Read more
Tata Power EV Charging Solutions Partners with Zoomcar Updated On Fri, Aug 25th, 2023 by Saurenergy The EV charging arm of Tata Power, Tata Power EV Charging Solutions Limited (TPEVCSL), has signed an MoU with Zoomcar, a firm that delves in car sharing. The partnership will give an impetus to the adoption of electric vehicles (EV) on the national level. The agreement was signed between the two firms in Mumbai in […] Read more
Maharashtra Leads In Country With Largest EV Charging Infra Updated On Thu, Aug 24th, 2023 by Saurenergy While the growth of Electric Vehicle (EV) has become indispensable to the automobile sector in the country, some states have spearheaded the movement. The latest data from the government claimed that among all Indian states, Maharashtra installed the highest number of operational charging stations. The latest data shared by the Union Minister of New […] Read more
Navigating the Evolving Green Mobility Landscape Post FAME-II Subsidy Reduction Updated On Thu, Aug 17th, 2023 by Saurenergy The Indian electric vehicle (EV) industry has witnessed significant growth and transformation in recent years, propelled by government initiatives like the Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme. However, the recent reduction in FAME-II subsidies has sparked discussions and raised questions about the impact on original equipment manufacturers (OEMs) and the overall green […] Read more
Renewables and EVs: Myths and Reality Updated On Wed, Aug 16th, 2023 by Saurenergy There is no doubt that Electric vehicles are a Global saviour for our planet against the pollution being caused by transportation. Reduced greenhouse emissions with EVs is supposed to be offering its accelerated benefits when fueled through renewables. The benefits of this combination thus are inevitable. But there are implementation challenges that places limits on […] Read more
Servotech Signs MoU with UP Govt for EV Charger Manufacturing Plant in Uttar Pradesh Updated On Mon, Aug 14th, 2023 by Saurenergy EV charger manufacturer Servotech Power Systems Ltd. has signed an MoU with the Government of Uttar Pradesh to set up an EV charger manufacturing plant in the state along with backward integration. The plant will be set up under the Uttar Pradesh Electric Vehicle Manufacturing and Mobility Policy 2022. The MoU was signed by […] Read more
Ola Electric Recorded Sales of Rs 373 Cr in Fy22, Even as Losses Rose 4X Updated On Thu, Aug 10th, 2023 by Saurenergy Market leader Ola Electric has finally filed its Fy22 numbers a year behind schedule. And the numbers don’t make for pleasant reading, if you are an accountant. However, with it’s leadership in the 2 wheeler segment well entrenched for now, the firm will be expected to report a stronger set of numbers for FY23, as […] Read more
