Volkswagen Plans To Introduce Entry-Level EVs In Europe By 2027 Updated On Wed, May 29th, 2024 by Saurenergy German-based company, Volkswagen board of management of the Volkswagen Group decided to make all-electric entry-level mobility more widespread. Volkswagen Group brings electric cars for EUR 20,000 and its world premiere is planned for 2027. Oliver Blume, CEO of Volkswagen Group said: “Generations of people associate the strong brands of the Volkswagen Group with their first […] Read more
Mahindra Electric Approves Rs 12,000 Cr Investment In EVs Updated On Fri, May 17th, 2024 by Saurenergy Mahindra Electric Automobile Limited recently approved an investment of Rs. 12,000 Cr. in Mahindra Electric Automobile Limited (MEAL) in one or more tranches, over three years up to 31st March 2027. MEAL is expected to fund in company over the next 3 years. Moreover, Mahindra and Mahindra (M&M) and its auto division are expected to generate sufficient operating cash to satisfy all their capital investment needs. Previously, […] Read more
Hyundai, Kia Plan To Launch India-Made EVs Till 2025 Updated On Thu, Apr 25th, 2024 by Saurenergy Hyundai Motor Group Executive Chair Euisun Chung in his recent visits to India shared mid-to long-term mobility strategic commitments to deliver a major manufacturing advance in India. With the establishment of an annual production system of 1.5 million vehicle units for Hyundai Motor India and Kia India combined. Kia India will also start production of […] Read more
GM Energy’s US Customers To Get Option To Transfer Power Between EVs and Homes Updated On Fri, Apr 19th, 2024 by Saurenergy As EV technology continues to evolve, GM is working toward elevating the overall ownership experience by introducing new ways for customers to unlock additional value and gain access to the expanded benefits of an all-electric future. Available for the first time as part of its expanding product ecosystem, GM Energy’s initial offerings for residential customers […] Read more
Lack Of Incentives Keep EVs Unaffordable In Europe, Says ACEA Updated On Mon, Apr 15th, 2024 by Saurenergy The latest data from the European Automobile Manufacturers Association (ACEA) shared that affordability concerns are the major cause that hampers market uptake for electric vehicles (EVs). Despite European Union (EU) legislative efforts to reduce CO2 emissions from vehicles, a lack of initiatives at both EU and national levels prevents acceleration in market uptake of electric […] Read more
BMW Group, Rimac Partner To Co-Produce Battery Tech For EVs Updated On Wed, Apr 10th, 2024 by Saurenergy Germany’s BMW Group and Rimac Technology, headquartered near Zagreb, Croatia, recently announced a long-term partnership to co-develop and co-produce innovative solutions in the field of high-voltage battery technology for selected battery-electric vehicles. The BMW Group’s electrification strategy is aimed at building further on its leading position in the electric mobility sector. Even before we reach […] Read more
As Sales Peak EPA Finalises New Pollution Standards For EVs In US Updated On Thu, Mar 21st, 2024 by Saurenergy Biden-Harris Administration has finalised pollution standards for cars that position US companies and workers to lead towards a clean vehicle future, protect public health, address the climate crisis, and save drivers money. EPA has finalised this rule as sales of clean vehicles, including plug-in hybrid and fully electric vehicles, hit record highs last year. The […] Read more
JSW, MG Motor JV Sets Target Of 1 Million EVs Sales For India By 2030 Updated On Wed, Mar 20th, 2024 by Saurenergy Mumbai-based steel producer JSW announced its collaboration with MG Motor a luxury SUV cars provider in India through a joint venture. This collaboration between MG Motor and JSW Group aims to sell one million electric vehicles in India by 2030 and capture a third of the market. The joint venture, according to the two businesses, […] Read more
Hyundai, Kia To Recall 1,70,000 EVs Over Software Issue In South Korea: Report Updated On Fri, Mar 15th, 2024 by Saurenergy Hyundai Motor Co and sister company Kia Corp have announced that they will recall about 170,000 electric vehicles (EVs) in South Korea over problems with software in the charging systems, reported news agency Reuters quoting South Korea’s transport ministry. “Hyundai Motor and Kia will take prompt actions to prevent customer inconvenience and will continue to […] Read more
