GM and LG Chem to Mass Produce Battery Cells for Future EVs Updated On Fri, Dec 6th, 2019 by Saurenergy GM and LG Chem form JV to mass-produce battery cells for future battery EVs General Motors (GM) and LG Chem have announced that the companies have come into an agreement to mass-produce battery cells for future battery electric vehicles (EVs). Together, the companies will invest up to a total of USD 2.3 billion through a […] Read more
Hyundai Begins Feasibility Study for Fuel Cell EVs in India Updated On Thu, Dec 5th, 2019 by Saurenergy Hyundai India has initiated a feasibility study to bring in fuel cell EVs in the country. Hyundai Motor India has announced that the firm has initiated a feasibility study to bring in fuel cell electric vehicles (EVs) in the country. “Progress for humanity with zero-emission mobility is our responsibility and vision to make a long […] Read more
Tata Motors Wins 500 EVs Order from Lithium Urban Technologies Updated On Mon, Nov 18th, 2019 by Saurenergy Under this partnership, Tata Motors will supply its 400 newly launched Tigor Sedan EV, with an extended range of 213 km, by FY20, along with 100 other EVs like Nexon EV. Spanning development and supply of both commercial and passenger vehicles, Tata Motors said that it has received an order for 500 electric vehicles (EVs) […] Read more
Tata Power-DDL, Zoomcar Collaborate to Run O&M Fleet on EVs Updated On Wed, Nov 13th, 2019 by Saurenergy “Through this initiative, we aim to support and complement the government’s strategy and strive to reduce dependency on petrol/ diesel vehicles and shift to electric vehicles,” said Banga. With an aim to further increase its contributions towards clean & green technology initiatives, Tata Power Delhi Distribution Ltd. (Tata Power-DDL) has joined hands with Zoomcar, a […] Read more
Urja Global to Raise $500 mn for Financing EVs and Green Projects Updated On Fri, Oct 4th, 2019 by Saurenergy Urja Global has received approval from its shareholders for the issuance of a USD 500 million green bonds to finance EVs and green projects Renewable energy firm Urja Global has recently revealed that it has received approval from its shareholders for the issuance of a USD 500 million (Rs 3,500 crore) green bond to finance […] Read more
EVs to Cost as Much as Conventional Vehicles in 2-3 Years: NITI Aayog CEO Updated On Thu, Aug 29th, 2019 by Saurenergy Niti Aayog CEO Amitabh Kant says that the falling cost of batteries could pull down the price of EVs at par with conventional vehicles in the coming years Niti Aayog CEO Amitabh Kant has said that the falling cost of electric vehicle batteries could pull down the cost of EVs and bring it at par […] Read more
Gujarat Working on EV Policy, Expects 1 Lakh EVs by 2022 Updated On Thu, Aug 22nd, 2019 by Saurenergy The Gujarat government plans to come out with a policy soon announcing huge incentives for using EVs and aims to have 1 lakh EVs on road by 2022. Powered by the Centre’s cue, Gujarat is expected to charge up its clean-energy push. The state government plans to come out with a policy soon announcing huge […] Read more
Mahindra Plans More EVs This Year Updated On Thu, Aug 8th, 2019 by Saurenergy The GST rate cuts have not only reduced the prices of electric vehicles but also spurred companies like Mahindra to plan more rollouts. Mahindra and Mahindra said that it is expediting some of its new electric vehicles projects and now wants to work on all new electric vehicles made for India. While interacting with the media at […] Read more
Big Move! GST Council Trims Tax on EVs, Chargers to 5% Updated On Sat, Jul 27th, 2019 by Saurenergy According to the Finance Ministry statement, these changes will be effective from August 01, 2019. The GST Council chaired by Finance Minister Nirmala Sitharaman has decided to slash GST rates on all electric vehicles (EVs) to 5 percent from the existing 12 percent and has cut the current 18 percent GST on electric vehicle chargers or […] Read more
