Ola Electric Is Numero Uno Electric Seller In 2023. Updated On Fri, Jan 5th, 2024 by Saurenergy Society of Manufacturers of Electric Vehicle (SMEV) in its data for FY 2023-2024, revealed that Ola Electric has captured the largest market share of 33% in FY 23-24. It’s an increase of 12% from 21% in 2023.. Up till FY22, Hero electric held a market share of 27% which means that it share dropped by […] Read more
Vietnam’s VinFast looks to open EV battery plant in Tamil Nadu Updated On Thu, Jan 4th, 2024 by Saurenergy VinFast, a leading Vietnamese electric vehicle manufacturer, has identified Thoothukudi as the location for its upcoming battery manufacturing plant. The company is poised to make a significant investment, amounting to hundreds of millions of US dollars, in a spacious 400-acre area. Moreover, this will be VinFast’s inaugural investment venture in India. Originally, VinFast was looking […] Read more
Plans For Phase-III Of FAME Start, With Bigger, Wider Coverage Updated On Thu, Jan 4th, 2024 by Saurenergy Even as the secoonf phase of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) is likely to wind down this year, speculation is rising on the shape of the next phase of the scheme that was brought in to support EV transition. Administered by the Ministry of Heavy Industries (MHI), FAME-I(Rs 895 […] Read more
Electric Vehicle Sales In Delhi Touch 19.5% In December: Minister Updated On Wed, Jan 3rd, 2024 by Saurenergy Delhi Transport Minister Kailash Gahlot said that the national capital recorded a massive 19.5 percent sales of Electric Vehicles (EVs) in December 2023. He said that it was the highest growth in any Indian state. He shared the information on his official social media handle. “Delhi records a massive 19.5% EV sales of the overall […] Read more
Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
Tata Motors Electrifies Bengaluru With The Delivery Of 100 New Electric Buses Updated On Thu, Dec 28th, 2023 by Saurenergy Tata Motors, a commercial vehicle manufacturer, claims that it has electrified Bengaluru’s public transport system with the delivery of its electric bus (e-bus)–‘Starbus EVs’ to the Bengaluru Metropolitan Transport Corporation (BMTC). This marks a significant milestone as part of a larger order as per the agreement between TML (Tata Motors Limited) Smart City Mobility Solutions […] Read more
India Allocated Rs 5.2cr To Subsidize 11.53 lakh Electric Vehicles: Govt Updated On Tue, Dec 26th, 2023 by Saurenergy Latest data from the Ministry of Heavy Industries claimed that the Union government allocated a total of Rs 5.2 crore as subsidies to incentive 11.53 lakh electric vehicles (EVs) in the country by the end of December 1, 2023. The information was recently shared by the ministry in a media statement. The ministry said that […] Read more
LG Energy Solution Vertech Secures 10 GWh ESS Project in US Updated On Fri, Dec 22nd, 2023 by Saurenergy LG Energy Solution Vertech has secured 10 gigawatt-hours (GWh) of grid-scale battery energy storage (ESS) projects in the United States for the upcoming year, capitalizing on the potential foreseen in the US ESS market. This 10 GWh initiative encompasses the development of 10 integrated battery energy storage systems. The collective impact of these installations will […] Read more
UK-EU New Trade Rule To Support, EV Manufacturers And Consumers Updated On Fri, Dec 22nd, 2023 by Saurenergy The United Kingdom government (UK) and European Union (EU) have recently announced their agreement to extended trade rules on electric vehicles (EVs). The move is set to help the manufacturers and consumers save up to £4.3 billion in additional costs. This agreement can provide long term certainty for automotive industry and boost electric vehicle sales […] Read more
