Tata Motors Continues To Hit New Highs On EV Sales Updated On Wed, Jun 1st, 2022 by Saurenergy Tata Motors has registered a massive year-on-year sales growth of 204% in the month of May 2022. According to a press release shared on June 1, the company’s sales in the domestic & international market for May 2022 stood at 76,210 vehicles. In the same month last year, Tata sold 26,661 vehicles (Commercial + Passenger) […] Read more
Sunfuel Electric comes up with 120 KW ‘superchargers’ Updated On Wed, May 25th, 2022 by Saurenergy Sunfuel Electric has announced the launching of a new charging technology for electric vehicles at its factory in Pune in order to ease the long travels on the highways for EV drivers. Sunfuel has unveiled the new ‘ExpressMiles’ highway charging service and the first of the novel EV chargers will be installed on the Kalka-Shimla […] Read more
Rajasthan Government Approves Electric Vehicle Policy Updated On Wed, May 25th, 2022 by Saurenergy The Rajasthan Electric Vehicle Policy (REVP) that was pending for about a year has received approval from the Rajasthan Government. The primary objective of the EV Policy is to encourage electric vehicles’ adoption in the state. In July 2021, a notification was issued by the Transport Department of Rajasthan, which said that electric vehicle purchasers […] Read more
BluSmart raises $50 million to expand its electric car fleet Updated On Wed, May 25th, 2022 by Saurenergy BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […] Read more
EV Sales Touch New World Record But Raw Materials Could Be Spoiler Updated On Tue, May 24th, 2022 by Saurenergy The sale of electric vehicles (EV) across the world more than doubled this year against 6.6 million last year, accounting for one in 10 new cars sold, according to the International Energy Agency‘s annual report published on May 23. However, the report mentioned that the grey areas like price and supply of critical minerals could […] Read more
Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia Updated On Tue, May 24th, 2022 by Saurenergy Leading EV seller Tesla is close to inking a pact that will allow the US-based company to set up an electric vehicle factory in Indonesia. The facility may come up in Central Java’s Industrial complex and it may also host manufacturing of EV batteries. As per reports, the construction could start by the end of […] Read more
LML to enter EV segment; Plans 3 electric two-wheelers through Rs 350 cr investments Updated On Tue, May 24th, 2022 by Saurenergy Lohia Motors Ltd or what is popularly known as ‘LML’ has said that its planning to enter the electric vehicles segment by rolling out three electric two wheelers and will invest Rs 350 crore for the same, including a manufacturing facility. LML, or at least its old version, shut down in 2018, after a series […] Read more
Mahindra Will Seek Partnerships To Source EV Components Updated On Tue, May 24th, 2022 by Saurenergy Anish Shah, Chief Executive Officer of Mahindra and Mahindra, has said that the company has planned to source components from other players in order to give fillip to its electric vehicle portfolio. A week ago, Mahindra and Mahindra had announced its strategic collaboration with Volkswagen where the latter was to equip the EVs of the […] Read more
Buying An EV in India: Tax, Incentives, Rebates Updated On Mon, May 23rd, 2022 by Saurenergy Switch to EVs in India has become a necessity as the nation aims toward its goal of carbon neutrality by the year 2070, as announced at CoP26, 2021. The recent upsurge in fuel prices has also smoothened the road for EV’s. And helping it along is a slew of incentives from the government to help […] Read more