The Sodium Ion Batteries Behind Reliance’s $135 million Purchase of Faradion Updated On Sat, Jan 22nd, 2022 by Saurenergy When Reliance announced the outright purchase of UK based Faradion Limited on the last day of 2021, it was widely seen as one more brick in the renewable edifice that Reliance has committed itself to. The Faradion investment was the 6th major investment by the firm into technologies or competency in the renewable space. But […] Read more
LG Energy Solution’s $10.7 Billion IPO And Its Probable Impact Updated On Fri, Jan 21st, 2022 by Saurenergy The successful completion of LG Energy Solutions’s $ 10.8 billion IPO in South Korea values the battery maker at about $59 billion makes it the third largest listed firm on the Korean Kospi index, behind electronics giant Samsung and Hynix. The successful IPO signals just how large, and tough, the future of the battery business […] Read more
When Will The Impact Of Chip Shortages On EV’s End In India? Updated On Thu, Jan 20th, 2022 by Saurenergy Semiconductor Chip shortages has become a trouble spot for EV growth in India. A fear that Chip shortages will lead to EV decline in India persists. This come amidst the rising need of the microprocessors with the rise in EV sales in Indian market. Marking 42,067 units, the sales crossed the 40,000 mark in a […] Read more
CESL Launches Massive 5500 cr Tender For Electric Buses Updated On Thu, Jan 20th, 2022 by Saurenergy Giving a big thrust to the adoption of electric buses for public transport in the country, Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), today announced the floating of a request for proposals for the biggest ever demand for electric buses, under the ‘Grand Challenge’ – a set of homogenized […] Read more
EV Charging Firm Statiq Opens Charging Points In Mangalore, Crosses 600 Stations Milestone Updated On Thu, Jan 20th, 2022 by Saurenergy Statiq, an upcoming electric vehicle (EV) charging network that started off in North India, has made its first installations in South India. Statiq inaugurated a full-stack charging station at Mangalore’s Forum Fiza Mall, where one can charge 2-, 3- and 4-wheelers . The station boasts of 2 charging units, each being a 10.7 kW Type […] Read more
IEEFA: Skyrocketing EV Sales in China Spell a No-turning-back Step Change in Global Energy Landscape Updated On Wed, Jan 19th, 2022 by Saurenergy The jury is in. The global race between passenger electric vehicles and hydrogen fuel cells vs petrol vs diesel is over. EVs have won in China, the world’s biggest auto market, writes Tim Buckley, Director of Energy Finances Studies Australasia & South Asia, Institute for Energy Economics and Financial Analysis (IEEFA), as he gives insight […] Read more
Hero Electric, M&M Partner for EV Production, Platform Development Updated On Wed, Jan 19th, 2022 by Saurenergy Hero Electric on Wednesday said it has partnered with the Mahindra Group for electric vehicle mobility. As part of the collaboration, Mahindra Group will manufacture Hero Electric’s Optima and NYX electric models at its Pithampur plant. With this partnership along with the expansion of their existing Ludhiana facility, Hero Electric will be able to meet […] Read more
Delhi Leans On Aggregators, Logistics Firms For Quick EV Gains Updated On Mon, Jan 17th, 2022 by Saurenergy The AAP (Aam Aadmi Party) run Delhi state government has now notified a draft “aggregator’s policy”, under which ride aggregators and delivery services will have to mandatorily adopt EVs while procuring new fleet. Just two weeks back, the state transport minister had stuck to a gentle urging to aggregators, hence the move to mandatory shift […] Read more
Power Ministry Issues Guidelines For Faster Roll Out Of Charging Infra For EV’s Updated On Mon, Jan 17th, 2022 by Saurenergy The Union Ministry of Power has promulgated the revised consolidated Guidelines & Standards for Charging Infrastructure for Electric Vehicles (EV) on 14th January,2022. The objective seek to enable a faster adoption of electric vehicles in India by ensuring access to quality, readily available and affordable Charging Infrastructure and eco-system. The guidelines should help energise the […] Read more
