Hyundai Motor Group to Invest $7.4 billion in U.S. EV industry by 2025 Updated On Fri, May 14th, 2021 by Saurenergy In a press release yesterday, Hyundai Motor Group (HMG), comprising Hyundai Motor Company and Kia Corporation, announced its plan to invest $7.4 billion in the U.S. by 2025 to produce future EVs, enhance production facilities and further its investments in smart mobility solutions. The group’s investment will enhance overall product competitiveness by prioritising future mobility technologies, […] Read more
TATA Power’s Q4 FY21 Results: Revenues Jump 50% Updated On Fri, May 14th, 2021 by Saurenergy Mumbai-based electric utility company Tata Power Limited released its financial results for the fourth quarter of FY21 ended March 31, 2021, announcing a marginal rise of one per cent in consolidated net profit at Rs 481.21 crore (Rs 474.70 crore in the year-ago period), due to saving in finance cost offset by an exceptional gain […] Read more
WattEV to Build ‘Megawatt E-Truck Stop’; aims for 12,000 HD Electric Trucks on California Roads by 2030 Updated On Mon, May 10th, 2021 by Saurenergy A small start-up with big ambitions is making a serious splash in the truck transport world by building the nation’s first 25-megawatt, solar-powered, electric-only public truck stop to serve electric truck transport between California’s fast-growing Central Valley and Southern California’s bustling ports and shipping hubs. WattEV, founded by an experienced team of telecommunications and satellite […] Read more
FLO | AddEnergie Begins Deploying 120 EV Chargers in NYC Updated On Thu, May 6th, 2021 by Saurenergy A North American electric vehicle (EV) charging network operator, FLO | AddEnergie today announced that it has started shipping its 120 chargers out of its factory in Shawinigan, Quebec, destined for the FLO network’s first deployment in New York City. 100 EV chargers out of all, will be installed at 34 public curbside locations over […] Read more
StoreDot Joins Pioneering Research Mission on ISS to Test Extreme Fast Charging in Space Updated On Thu, May 6th, 2021 by Saurenergy StoreDot, the pioneer of extreme fast charging (XFC) battery technology for electric vehicles (EVs), today announces that together with the Israeli Electric Company (IEC) it has been approved by NASA to conduct the first space-based research and development program into new battery materials. As part of the Israel Space Agency and The Ramon Foundation’s pioneering […] Read more
V2G EV Battery Swapping Station: Boosters for Distribution System Reliability Updated On Thu, May 6th, 2021 by Saurenergy This is the era of socio-economic growth. To drive this growth, we need environmental sustainability to go hand-in-hand with the rising energy needs. Since EVs are a cleaner and safer alternative to conventional vehicles, they will have to be adopted on a mass level to meet the future mobility requirements. This is the vision enshrined […] Read more
EVs Covers 1.3% of Vehicle Sales in India in FY 20-21 Updated On Wed, May 5th, 2021 by Saurenergy Increasing domestic EV manufacturing is making India Atmanirbhar and positively impacting the Trade Deficit of India. Electric Vehicle (EV) adoption and hence its manufacturing has been the prime focus of our country for a few years now. The central and state governments are bringing new policies and incentives every year so far. According to a […] Read more
Exus to Develop 85 MW Wind-Solar Hybrid Project in Portugal Updated On Tue, Apr 27th, 2021 by Saurenergy Exus Management Partners has announced that it will develop an 85 MW wind and solar hybrid project in northern Portugal. The renewables-focused independent investment and asset management firm has been chosen by an undisclosed third party to provide the complete end-to-end delivery of the country’s first third-party wind and solar hybrid project. Since no developers […] Read more
New CEO Says Honda Will Make Full Transition to EVs and FCVs by 2040 Updated On Mon, Apr 26th, 2021 by Saurenergy Japan’s second largest auto-maker Honda Motor Co. revealed on Friday that it plans to fully transition to electric vehicles (EVs) and fuel cell vehicles (FCVs) by 2040. The announcement was made by Toshihiro Mibe, who took on the role of the company’s chief executive and representative director in April this year. The new commitment to […] Read more
