Glencore Agrees with GM to Supply Cobalt for Electric Vehicles Updated On Thu, Apr 14th, 2022 by Saurenergy In the middle of a global rush for minerals required for the rising electric vehicle ecosystem, American automaker General Motors Company (GM) has announced that it will purchase cobalt from Australian miner Glencore from its Murrin operations. The size of the deal remains undisclosed by the two players. Cobalt makes up just 0.001% of earth’s […] Read more
BPCL will invest Rs 200 crore on fast EV charging corridors Updated On Thu, Apr 14th, 2022 by Saurenergy Bharat Petroleum (BPCL) has announced that it will invest Rs 200 crore to ramp up electric vehicle (EV) charging infrastructure in India. This was confirmed by BPCL Executive Director for Retail, BS Ravi, who said that BPCL will set up 100 fast electric vehicle charging corridors having 2,000 stations along the busiest 100 national highways […] Read more
Honda to Roll Out 30 EV Models; Invest $64 Billion in Electrification Updated On Wed, Apr 13th, 2022 by Saurenergy Honda Motor Co, one of the leading automakers of Japan, has announced that it will spend 8 Trillion Yen ($64 billion) on research and development over the next 10 years to accelerate the electrification of its vehicles. Honda has set an ambitious goal to launch 30 electric vehicle models across the globe by 2030. The […] Read more
Hero Electric, ElectricPe Collaborate to Strengthen EV Charging Network Updated On Wed, Apr 13th, 2022 by Saurenergy India’s leading electric two-wheeler seller Hero Electric has announced that the company has entered into a partnership with electric vehicle charging platform ElectricPe to strengthen the charging network and propel EV adoption across India. As per the official statement, Hero Electric EV customers will be able to access the charging network of ElectricPe which has […] 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
EKA, Log9 Materials in MOU For Fast Charging Solutions Updated On Tue, Apr 12th, 2022 by Saurenergy EKA, an electric vehicles & technology company, and a subsidiary of Pinnacle Industries Limited, has announced entering into a long-term strategic collaboration, initiated through a Memorandum of Understanding (MOU), with Bengaluru-headquartered advanced battery technology startup Log9 Materials. The partnership is mainly aimed to provide Log9’s fast-charging advanced battery solution RapidX for EKA’s new energy vehicles, including their recently-launched pure electric […] Read more
FADA says Electric Vehicle Retail Sales Swells Three-Fold in India Updated On Mon, Apr 11th, 2022 by Saurenergy Electric vehicles adoption in India is playing out better than market estimates where fuel prices have been rising unabatedly of late. According to the data released by the Federation of Automobile Dealers Associations (FADA), electric vehicle retail sales in India saw over a three-fold jump last fiscal with the two-wheeler segment ruling the roost. FADA has gathered […] Read more
Toyota-Maruti Suzuki’s Upcoming electric SUV Will Run 500 km in Single Battery Charge Updated On Mon, Apr 11th, 2022 by Saurenergy Global automakers Toyota and Maruti Suzuki are developing a midsized electric SUV, which will be the duo’s first substantial entry into the electric vehicles’ market. The five-seater SUV built on skateboard architecture known as 27PL, derived from Toyota’s 40PL, will be powered by localized battery and other body parts. The EV will be fitted with […] Read more
Former Tesla engineer-designed battery at Bengaluru startup gets European order Updated On Mon, Apr 11th, 2022 by Saurenergy In a boost to domestic manufacturing, one of the world’s most energy dense batteries designed by a former Tesla engineer for a Bengaluru-based battery startup has been picked up by a European renewable energy company, Eren Groupe, for its storage applications, the startup’s co-founder said on Sunday. The development has opened up possibilities of use […] Read more
