SK E&S acquires EverCharge, sets foot in US EV charging market Updated On Thu, Mar 24th, 2022 by Saurenergy Korean LNG player SK E&S is entering the U.S. electric vehicle charging market, an official announcement said. On March 23, SK E&S announced the acquisition of EverCharge, an EV charging solution provider in the U.S. This is reportedly the first time a Korean company has acquired the management rights of an EV charging company based in the U.S. […] Read more
LG Energy Solution to set up EV battery JV with Stellantis in Canada Updated On Thu, Mar 24th, 2022 by Saurenergy South Korean battery giant LG Energy Solution Ltd (LGES) said on Wednesday it plans to invest 1.8 trillion won ($1.48 billion) to set up a joint venture with Stellantis NV in Windsor, Canada. In October, LGES and Stellantis NV struck an electric vehicle (EV) battery production joint venture, targeting to start production by the first […] Read more
Suzuki Motor turns, targets Rs 10,440 cr investment into EV’s by 2025 Updated On Mon, Mar 21st, 2022 by Saurenergy Japan’s leading automaker and Indian market leader Suzuki Motor Corporation has finally announced that it will invest Rs 10,440 crore or 150 billion Yen in the electric vehicles and battery segment in India. Its Indian subsidiary Maruti Suzuki may launch electric car models both in India and Japan by 2025. This is the first major […] Read more
Vestas Joins 9GW Floating Wind Farm Development in South Korea Updated On Tue, Mar 15th, 2022 by Saurenergy According to a statement released by the South Korea’s Ulsan City Government, a Memorandum of Understanding (MoU) has been signed between Vestas – the Denmark based leading wind turbine manufacturer – and Ulsan City Administration, Ulsan Port Authority and Sejin Heavy Industries & Construction meant to foster cooperation between the parties for the development of […] 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
Sungrow Inaugurates 10 GW Solar Inverter Manufacturing Facility in India Updated On Thu, Mar 10th, 2022 by Saurenergy Leading solar inverter maker Sungrow held a formal ceremony in New Delhi to inaugurate the expanded 10 GW annual manufacturing capacity of its plant in India. The company claims that the inauguration is a response to “Make in India” Initiative of Government of India and demonstrates Sungrow’s commitment to “Atmanirbhar Bharat”. The company believes that […] Read more
AISIA rues lack of support from govt, domestic developers for solar manufacturers Updated On Thu, Mar 10th, 2022 by Saurenergy Solar manufacturers have highlighted the lack of support from the government and the domestic developers, according to a press note shared by the All India Solar Industries Association (AISIA), the domestic solar manufacturers association, on Wednesday. It added that even though the government has announced several policies to support the players, domestic solar manufacturing continues […] Read more
Ather Energy in Tie-up with Bharat FIH For Component Manufacturing Updated On Wed, Mar 9th, 2022 by Saurenergy Ather Energy, India’s leading electric scooter brand has announced its partnership with Bharat FIH, a Foxconn Technology Group company, to develop and manufacture key components for Ather scooters. The partnership aims to enhance the manufacturing ecosystem to meet the strong demand for their flagship products, the Ather 450X and the 450 Plus. For Ather, which […] Read more
The Top 5: EV Battery Manufacturers in the World Updated On Mon, Mar 7th, 2022 by Saurenergy Advances in electric vehicle (EV) batteries and their associated technologies are finally attracting the interest of individuals to purchase EVs, contributing to the growth of EV batteries. The top EV Battery Manufacturers in the World are the frontline contributors to the growth of the industry. The scale of production forms a litmus test about market […] Read more