Eversource Capital Is Majority Owner in Lithium Urban After Fresh Funding Round Updated On Tue, Mar 22nd, 2022 by Saurenergy EverSource Capital (EverSource), manager of India’s largest climate impact fund, announced on March 21 that it has invested in Lithium Urban Technologies Pvt Ltd. (Lithium) for a majority stake. Lithium is the largest operator of electric cars in India, providing services to 50+ clients since 2015 with a presence in 15+ cities. Eversource is a […] Read more
Ola Electric Invests in ‘Extreme Fast’ Charging Firm StoreDot Updated On Tue, Mar 22nd, 2022 by Saurenergy Bengaluru based Ola Electric has invested an undisclosed amount in Israeli start up StoreDot, a battery technology company that promises “extreme-fast charging” batteries for electric vehicles (EV). Ola electric called the investment strategic in nature, without disclosing the amount invested. StoreDot, in its last funding round of $60 million, had reportedly been valued at $1.5 […] Read more
Sungrow Supplies Shanghai’s First Road DC 120 kW Fast EV Charger Updated On Mon, Mar 21st, 2022 by Saurenergy Sungrow installed its integrated DC electric vehicle charger rated at 120kW in downtown Shanghai, China. It’s the first operational road DC fast EV charging station in Shanghai that successfully meets the growing charging demand for EV and offering more advantageous charging access for residents. Sungrow says that while EVs are quickly evolving, there is an […] Read more
The Top 5: Upcoming EVs of 2022 for India Updated On Thu, Mar 17th, 2022 by Saurenergy Recording a 168 percent increase in sales in 2021 over a year earlier, the Indian EV market is hyped up for a record 2022. As more and more Indian car manufacturers join the bandwagon for new battery-operated vehicles, it is also notable to see the ones that are still staying out, like market leader Maruti […] Read more
Natural Battery Technologies Develops Long Range Batteries Updated On Tue, Mar 15th, 2022 by Saurenergy The evolving EV opportunity continues to throw up more and more startups with ambitious plans. The latest is Jaipur based Natural Battery Technologies, a Lithium-Ion Battery manufacturers in India, is actively developing high performance batteries with increased safety parameters. The firm claims that its battery packs are weather proof and made of strong external closures. […] Read more
Delhi’s EV specific Portal Hopes to give a fillip to EV adoption Updated On Tue, Mar 15th, 2022 by Saurenergy To ease the availing of interest subvention on loans taken to purchase electric autos (e-Auto Rickshaws), the Delhi Government has launched ‘My EV Portal’. The move is expected to help the auto rickshaw drivers who look to switch to the electric ones from the CNG. My EV Portal website has been developed by the Government […] Read more
Magenta to set up EV chargers on Xavier Institute’s multiple campuses Updated On Tue, Mar 15th, 2022 by Saurenergy Charge Point Operator (CPO) Magenta has tied up with Xavier Institutes (part of the Jesuit Educational Network) to install EV charging stations at their multiple educational campuses, beginning with the first EV charger installation at Mumbai’s Xavier’s Institute of Engineering Campus at Mahim. The charging station was inaugurated by Dr. HariBalaji N. IPS, Deputy Commissioner […] Read more
The Top 5: India’s Leading-Battery Makers and Their EV battery Plans Updated On Fri, Mar 11th, 2022 by Saurenergy In the changing global scenario of battery usage technology, it is worthwhile to observe how India’s Leading-Battery Makers cater to the requirements, and what their EV battery plans are. The stored-energy needs worldwide have increased with the emergence of the EV segment as a substitute to conventional ICE. With that, the demand for better batteries […] Read more
Venture capital rolls in for EV battery startups Updated On Thu, Mar 10th, 2022 by Saurenergy A key development in the global EV industry’s advancement last year was a striking rise in venture capital for EV battery startups, which indicates an upward graph for the trend in 2022 both within and beyond India. Globally speaking, 2021 saw EV battery startups raising over $3.6 billion through funding rounds led by big names […] Read more
