Hyundai Eyes Expansion in India with Investment Worth INR 20,000 Cr in Tamil Nadu Updated On Fri, May 12th, 2023 by Saurenergy Korean automaker Hyundai Motor is intent on augment its Electric Vehicle (EV) market in India. The firm has said that it is looking to make an investment worth Rs 20,000 Cr for the upgradation of its facilities in Tamil Nadu. The investment will take place in a phased manner. Additionally, it has revealed that it […] Read more
Govt To Disburse Subsidy Dues To Ola, Ather, Hero & TVS Under FAME-II Updated On Mon, May 8th, 2023 by Saurenergy The Ministry of Heavy Industries, the nodal government agency handling the Faster Adoption of Manufacturing of Electric Vehicle (FAME)-II scheme, has been mulling returning the due subsidies of four major electric two-wheeler companies, reports claimed. The move comes days after these EV players announced reimbursing the EV customers to whom these companies sold EV chargers […] Read more
“There is no scheme for ore-refining, converting them into cathode materials” Rajat Verma, CEO & Founder, Lohum Updated On Wed, Mar 1st, 2023 by Saurenergy Powering next-gen li-ion battery mobility and energy solutions, making second lives for batteries a reality through reuse technology, and lithium ion battery recycling, Lohum is proving to be a gamechanger in the battery recycling and repurposing space. Rajat Verma, CEO & Founder, Lohum, offers insights into the battery recycling industry, providing an overview into the […] Read more
BEL to manufacture battery packs for Triton electric trucks Updated On Tue, May 17th, 2022 by Saurenergy The Pune Unit of Navratna Defence PSU Bharat Electronics Limited (BEL) will manufacture Li-ion battery packs for the electric trucks of Triton, US, as part of an MoU signed between the two companies to explore manufacturing of battery cells in India for Energy Storage Systems and electric vehicles in the Heavy Vehicle segment for the […] Read more
The Top 5: Electric Three-wheeler Manufacturers in India Updated On Tue, Apr 26th, 2022 by Saurenergy The Indian electric vehicle segment, just like the rest of the world, has shown an enthusiastic uptick over the last few years. The country’s three-wheeler EV market is one of the segments with the highest potential in electric mobility as the country notched up a record 45 per cent share in total EV sales in […] Read more
Ahmedabad based Tirex Transmission Secures funding of $2 Million Updated On Fri, Apr 22nd, 2022 by Saurenergy TIREX Transmission, a firm focused on EV charger manufacturing has announced the infusion of $2million from an ultra HNI investor. This $2 million funding will fuel Tirex Transmisson Private Limited’s Growth and R&D efforts for international markets where USA is the first country of focus. Founded by Sanskar Patel, Tirex Transmisson Private Limited started its […] Read more
Biliti Electric Plans World’s Largest Electric Three-Wheeler Mfg. Facility Telangana Updated On Wed, Apr 20th, 2022 by Saurenergy California, US-based Biliti Electric Inc (Biliti) has announced plans to setup the world’s ‘largest’ electric three-wheeler factory in Telangana, with a production capacity of 240,000 electric vehicles each year. The new plant is estimated to drive private investment of USD 150 million and expected to create over 3,000 jobs in the State aligning with the […] Read more
CRISIL Says Electric Vehicles Present Rs 3 lakh crore Opportunity for India by 2026 Updated On Wed, Apr 13th, 2022 by Saurenergy Ratings and research company CRISIL has come out with an analysis that the electric vehicles (EVs) present an opportunity of about Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026. CRISIL says that the original equipment manufacturers (OEMs) and component manufacturers will have potential revenue of about Rs […] Read more
Ather Energy to Launch Second E-scooter Mfg Facility in Tamil Nadu Updated On Tue, Nov 30th, 2021 by Saurenergy Electric scooter brand Ather Energy has commissioned its second manufacturing facility in Hosur, Tamil Nadu, to cater to the growing demand of its electric scooters – the 450X and 450 Plus. The company plans to manufacture 400,000 units per annum, jumping from its current capacity of 120,000 units. Ather Energy had set up its first […] Read more
