EV Firm Bounce Continues To Search For A Pathway To Success Updated On Fri, Feb 10th, 2023 by Saurenergy Two wheeler EV maker Bounce, which started off in 2019 as a bike rental startup has had a tough run so far. With its bike rental and shared mobility plans repeatedly torpedoed by issues ranging from regulatory to market fit, in Fy 2021, the firm decided to shift to EV manufacturing, adding on Battery Management […] Read more
Hyundai to Install 10 Ultra Fast EV Charging Stations on Key Highways Updated On Thu, Feb 2nd, 2023 by Saurenergy Ace automaker Hyundai has said that the company plans to install 10 ultra-fast charging stations for electric mobility in the country to enable seamless movement and greater adoption of electric vehicles. In a key development, Hyundai and ChargeZone – Hyundai’s partner – have mounted two DC ultra-fast EV charging stations on two different highways of […] Read more
EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023 Updated On Mon, Jan 30th, 2023 by Saurenergy Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […] Read more
The Top 5: Challenges to EV Growth in 2023 Updated On Thu, Jan 26th, 2023 by Saurenergy The calendar year 2022 turns out to be a significant year for electric vehicles (EVs) with sales hitting new highs globally and in India. According to data available at the VAHAN portal, EV sales grew from 3.2 lakh units in 2021 to nearly 10 lakh units in 2022, a growth of over 200 per cent. […] Read more
4000 Homes with Solar Panels & EV Parking To Be Up For Grabs in Maharashtra Soon Updated On Tue, Jan 24th, 2023 by Saurenergy Homeowners have finally begun to recognise the benefits that solar offers. With around 40% subsidy on offer by the Government, residential solar rooftop is easy on the pocket. There is 20% subsidy for group housing societies and RWAs. Additionally, there is payback of as low as four years on investment. This awareness is complemented by […] Read more
1400 EV Chargers Supplied by Servotech Power Systems in Three Months Updated On Fri, Jan 20th, 2023 by Saurenergy NSE-listed EV Charging and solar power solutions provider Servotech Power Systems Ltd, has supplied 1400 EV chargers in a span of three months of November to January at different locations across the country. These chargers include public sector projects, retail customers, and other strategic alliances that Servotech has taken up and entered into. Of these […] Read more
Pune’s Quench Chargers Set to Power American EV Industry with New Manufacturing Facility Updated On Wed, Jan 18th, 2023 by Saurenergy Quench Chargers, a firm that produces EV chargers, has announced the appointment of Bjoern Stoll, President & CEO at Digatron Power Electronics, Inc America as Head of Quench (Americas). The firm’s ultra-fast chargers which were designed in India and are manufactured at its plant in Pune will now also be manufactured at the group’s American […] Read more
The Top 3 States With Biggest EV Subsidies In India Updated On Thu, Jan 12th, 2023 by Saurenergy India has been successful in spurring the Electric Vehicles trend in the country. While the central efforts were instrumental in this development, the contributions of various states in terms of subsidies have formed the backbone of EV adaptation as well. However, keep in mind that subsidies are unlikely to last very long, possibly not beyond […] Read more
Transformation of EV Industry in India Updated On Tue, Jan 10th, 2023 by Saurenergy As India is still in the starting stages of the EV revolution, the adoption and number of EVs sold is rising faster with every passing day. EVs are the future’s transportation and are no longer an exclusive option for early adopters. EVs are already one of the fastest-growing vehicle markets. As governments implement various incentives […] Read more
