StoreDot in Strategic Collaboration with Volvo Cars for EV Cells Updated On Thu, Sep 28th, 2023 by Saurenergy StoreDot, which delves into extreme fast charging (XFC) battery technology for electric vehicles, has signed a ]multi-year agreement with Volvo Cars to develop an optimized battery for next generation Volvo cars. The collaboration, with experts from Volvo Cars and StoreDot working together, will lead to the development of XFC cells which will be optimized and […] Read more
Deeptech Startup Oorja Raises $1.5 Million in Pre-Series A Funding Updated On Thu, Sep 28th, 2023 by Saurenergy Oorja, a Bengaluru-based deep tech startup, that uses a combination of Physics and Machine Learning to perform predictive modelling, today announced that it has raised $1.5 million in seed funding. The funding round was led by Micelio Fund, which claims to be the first venture capital fund in India dedicated to sustainable innovation in the […] Read more
Li-ion Phosphate or Nickel Manganese Cobalt Oxide- Which Has More Potential? Updated On Thu, Sep 28th, 2023 by Saurenergy A report by the International Institute of Sustainable Development (IISD) titled ‘India’s Potential in the Midstream of Battery Production’ had shed light on the role of different technologies of batteries like Lithium-ion in the transition of automobile fuel. The report aims at mapping the EV adoption in India. The report says that the EV adoption […] Read more
EV Charger Market Projected at CAGR 46.5% Between 2022 & 2030: CES-IESA Report Updated On Thu, Sep 28th, 2023 by Saurenergy The Customized Energy Solutions (CES) and India Energy Storage Alliance (IESA) have released their third annual “2022 India Electric Vehicle Charging Infrastructure & Battery Swapping Market Overview Report”. The report covers the present market trends and forecast of electric vehicle (EV) chargers by various charger types in terms of revenue (USD Million), capacity (GW) and […] Read more
Solar Power for EV Charging? Stop, Says German Bank Updated On Wed, Sep 27th, 2023 by Saurenergy Germany’s state owned KfW bank was caught on the wrong foot with the response to a solar subsidy plan for EVs. the plan, which sought to offer subsidies to users who opted to use solar power to charge their EVs, met with an overwhelming response on day 1, with 33,000 applications. That meant the funds […] Read more
Musashi, Delta and Toyota in JV For EV Drives Updated On Wed, Sep 27th, 2023 by Saurenergy Musashi Auto Parts India Pvt Ltd (Musashi), a 100% owned subsidiary of Musashi Seimitsu Industries, Japan and a leading manufacturer of two-wheeler and four-wheeler transmission components in India, has entered into a joint venture with Delta Electronics, Inc. (Delta) and Toyota Tsusho Corporation (Toyota Tsusho) to sell EV drive units for two-wheeled vehicles in India. […] Read more
Battery Materials Firm GEM In Indonesian JV To Diversify Risk, Protect US, EU Markets Updated On Wed, Sep 27th, 2023 by Saurenergy Shenzhen, China based GEM, the largest supplier of battery raw materials in China and the leading battery recycling firm in China and globally, has announced plans to invest about USD750 million in two new plants in Indonesia in a move aimed at diversifying its manufacturing base and developing global industrial supply chains in alignment with […] Read more
Electric Motorcycle Startup Raptee Pockets $3 Mn in Pre-Series A Round Updated On Tue, Sep 26th, 2023 by Saurenergy EV Motorcycle Startup, Raptee has raised $3 million in a Pre Series A round led by deep-tech VC fund Bluehill Capital. The all-equity funding round saw participation from investors including Eugene Mayne, Founder and CEO of Tristar Global (UAE), Lakshmi Narayanan, Former CEO Cognizant, Ramesh Kannan, Managing Director, Kaynes Technology, Chandu Nair, Director, Shankara Building […] Read more
Delhi Govt Issues Tender for 3,000 Electric Two Wheelers in 90 Locations in Dwarka Updated On Fri, Sep 22nd, 2023 by Saurenergy The Delhi government has issued a tender inviting bids from service providers towards the deployment of high and low-speed e-scooters and also e-cycles in Dwarka. The announcement comes as part of the Public e-Scooter Sharing (PeSS) System and Public e-Cycle Sharing System (PeCS) initiative. The bids have been invited with a view to ensure last-mile […] Read more