NITI Aayog Report Emphasises on ‘Finance’ for Better EV Future Updated On Fri, Feb 25th, 2022 by Saurenergy The role of finance is critical for the holistic and comprehensive growth and development of India’s electric vehicle industry and a ‘just transition’, finds a new report released by NITI Aayog and the Rocky Mountain Institute (RMI) India. The report, titled ‘Mobilising Electric Vehicle Financing in India’, finds that the transition to clean mobility will require […] Read more
Explained: EV Subsidies, Incentives Offered by Center and States in India Updated On Thu, Feb 24th, 2022 by Saurenergy Evolving in the new age of electric mobility, various subsidies and incentives offered by the Center and state governments form the backbone of the EV market in India. As per a report, the EV market in India will be USD 206 billion by 2030, if India maintains a steady progress to meet its ambitious 2030 […] Read more
Program Manager – H&D Updated On Thu, Feb 24th, 2022 by Saurenergy Leads the cross-functional team to proactively identify, prioritize, implement, transfer to manufacturing, stabilize and monitor any modifications needed to release products across H&D business. Ensures that products meet external and internal customer quality needs, cost targets, assurance of supply, address component obsolescence and service needs. Gains agreement on achieving project objectives, balancing schedule, cost, quality […] Read more
Magenta expands EVET offering to Mumbai and Chennai Updated On Wed, Feb 23rd, 2022 by Saurenergy EVET by Magenta, the e-mobility platform, which has been running its EV Fleet for urban logistics movement for about a year now in Bengaluru, now enters Mumbai and Chennai Markets. The company informs that it shall roll out over 500+ EV Fleet in the next 3-4 months in both cities. EVET (Electric Vehicle Enabled Transport) […] Read more
Battery swapping network, Chargeup, raises USD 2.5 million Updated On Tue, Feb 22nd, 2022 by Saurenergy Chargeup, the company hoping to build one of India’s largest battery-swapping network for electric two and three-wheelers, has announced that it has raised USD 2.5 million in pre-Series A round led by Capital-A and Anicut Capital. Other marquee investors who participated in the round include actors Tiger Shroff & Shraddha Kapoor, Aman and Sameer Gupta […] Read more
5 Best Lithium Battery Recycling Firms for the New EV World Updated On Tue, Feb 22nd, 2022 by Saurenergy The global lithium battery recycling market is projected to grow from USD 4.6 billion in 2021 to USD 22.8 billion by 2030. This implies a CAGR of 19.6% during the forecast period 2021-2030. Rising investments in EVs and subsidies to encourage battery recycling are some of the key opportunities for the lithium-ion battery recycling market. […] Read more
The New Battery Technologies and Opportunities Updated On Mon, Feb 21st, 2022 by Saurenergy By Kunwer Sachdev With the immediate and critical need to move to alternative sources of energy worldwide, battery technology is being explored massively. As an alternative, it can support the de-carbonization of the transportation sector. It can evolve from the current lithium-ion battery to the succeeding generation to all-solid-state batteries. It will bring an improved […] Read more
Major Auto OEMs to Soon Set Up Open-source EV Architecture: Report Updated On Mon, Feb 21st, 2022 by Saurenergy In 2021, several tech companies created open-source vehicle architecture operating systems and open electric vehicle (EV) platforms. This approach of adopting new partnership models in the automotive sector will increase in 2022, according to a latest report produced by market research firm Gartner. As digital technology becomes the differentiator in the car sector, automakers will […] Read more
The new age solution in energy storage: Sodium (Na)-ion Battery Updated On Sun, Feb 20th, 2022 by Saurenergy With the global focus on energy transition to nonconventional sources, the renewable energy sector has grabbed attention all over the world. The renewable energy (RE) sector has been experiencing continuous evolution in terms of technology, usage and regulations. A major concern in the RE sector is energy storage, wherein a lot of technology evolution has […] Read more