Refex Green Mobility to Acquire Gensol’s 2,997 EVs & Associated Debt of Rs 315 Crore Updated On Thu, Jan 16th, 2025 by Saurenergy Gensol Engineering Limited and Refex Green Mobility Limited have entered into a strategic tie-up for the transfer of 2,997 electric four-wheelers (e4Ws) owned by Gensol to Refex. This strategic tie-up will involve Refex eVeelz assuming Gensol’s existing loan facility, streamlining operations, and enhancing the deployment of e4Ws across key markets, including Chennai, Bengaluru, Hyderabad, Mumbai, […] Read more
LG Energy To Supply Cylindrical Batteries for Aptera’s Solar EVs Updated On Fri, Jan 10th, 2025 by Saurenergy LG Energy Solution has announced its partnership to supply cylindrical batteries to Aptera Motors Corp. (Aptera), a solar electric vehicle manufacturer. The agreement follows the signing of a three-party Memorandum of Understanding (MoU) in Las Vegas between LG Energy Solution, Aptera, and CTNS, a battery module and pack manufacturer. The three companies will collaborate on […] Read more
The Impact of EVs on Auto Insurance and Risk Management Updated On Thu, Dec 19th, 2024 by Saurenergy With rapidly growing footprints, electric vehicles (EVs) are fast becoming a preferred choice of customers across the globe. Consequently, their wider adoption is resulting in critical implications for the auto industry. Especially for insurance and risk management professionals, the popularity of EVs warrants a comprehensive makeover of their existing policies. So, what are key areas […] Read more
Mahindra, Vidyut Tie-up For Battery-as-a-Service Commercial EVs Updated On Wed, Dec 11th, 2024 by Saurenergy Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Limited (M&M) and Vidyut (VT), have announced a collaboration. MLMML is an electric commercial vehicle manufacturer that has sold more than 2 Lakh Electric Vehicles (EVs). Vidyut is a Bengaluru-based full-stack EV startup focused on making EV ownership more convenient and stress-free. Both […] Read more
DartSolar Build Expandable Solar Roof Rack To Charge EVs In Off Grid Areas As Well Updated On Tue, Dec 10th, 2024 by Saurenergy US-based DartSolar LLC recently invented an expanding solar roof rack that provides 10 to 20 miles of charge per day. DartSolar LLC has launched a 1,000-watt solar roof rack that is water-, wind-, and dust-proof. The structure is 1.5 inches tall, the solar rack expands in only 15 seconds to deliver a 1,000 solar array. Key […] Read more
LG Energy, GM To Develop Prismatic Battery Cell Technology For EVs Updated On Tue, Dec 3rd, 2024 by Saurenergy LG Energy Solution has announced a new partnership agreement with General Motors (GM) for prismatic battery cell technology. The firms partnered for the initiative to deploy these batteries for use in electric vehicles (EVs). Prismatic battery cell technology refers to the alternate design form of Lithium-ion batteries which are flat and rectangular in shape. This […] Read more
PHEVs Step Up: CATL’s Freevoy Super Hybrid Battery Updated On Tue, Oct 29th, 2024 by Saurenergy China’s CATL, the world’s largest EV battery manufacturer, recently unveiled its groundbreaking Freevoy Super Hybrid Battery, aiming to catalyse the capabilities of hybrid vehicles, such as Plug In Hybrid Vehicles (PHEVs). The Chinese battery maker is calling Freevoy the first hybrid battery to achieve an all-electric range of over 400 km (250 miles) with 4C […] Read more
Record-Breaking 1.7 Million EVs Sold Globally In Sept: Report Updated On Tue, Oct 15th, 2024 by Saurenergy A record-breaking 1.7 million EVs were sold globally over the month of September, announced research-house Rho Motion, today. September overtook the previous record set in December 2023 by 150,000. The Chinese market beat their previous record set in August by 90,000 vehicles, to reach 1.1 million units sold in September 2024. Overall, 11.5 million EVs […] Read more
Shift To Two-Wheeler EVs To Reduce India’s Petrol Consumption: CRISIL Updated On Mon, Sep 30th, 2024 by Saurenergy In a recent report, CRISIL Research highlights a projected rise in the market share of electric two-wheelers, expected to reach 12-15% by fiscal 2030 from current levels of under 5%. Additionally, the report highlights the emergence of compressed natural gas (CNG) passenger vehicle sales are expected to grow to 17-19% by the same period. This […] Read more
