Ford Secures Lithium Hydroxide Supplies From Nemaska Lithium For 11 Years Updated On Mon, May 22nd, 2023 by Saurenergy As North America rapidly adopts electric vehicles to combat climate change through sustainability, global auto conglomerate Ford Motor Company has entered into a long-term agreement with Quebec-based Nemaska Lithium for the supply of lithium products, including lithium hydroxide, over an 11-year period. Ford said that under the terms of the agreement, Nemaska Lithium would deliver up […] Read more
Esmito Attains AIS156 Phase 2 Certification for L3 & L5 Category Batteries Updated On Mon, May 22nd, 2023 by Saurenergy Provider of energy solutions for electric vehicles, Esmito, has announced the successful acquisition of the AIS156 Phase 2 certification for their L3 and L5 category batteries. The firm says that this achievement further solidifies Esmito’s unwavering commitment to delivering high-quality, reliable, and compliant energy solutions in the EV industry. The firm informs that the AIS156 […] Read more
Electric Three-Wheelers Better Suited For Freight Delivery: WRI Report Updated On Mon, May 22nd, 2023 by Saurenergy A latest working paper by the World Resources Institute (WRI)-India claimed that electric three-wheelers are better suited for freight deliveries than conventional three-wheelers. In their paper, the researchers from the cleantech think-tank discussed the viability of using autorickshaws for urban freight delivery in India. The report claimed that as the daily commercial deliveries in India are expected […] Read more
Govt Reduces Subsidy For Electric Two-Wheelers Under FAME-II Updated On Mon, May 22nd, 2023 by Saurenergy In its latest notification, the Ministry of Heavy Industries has ordered reduction in subsidies for electric two-wheeler vehicles under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II scheme. The new provisions will be rolled out in India from June 1, 2023. With the reduced hand-holding support from the government, the electric two-wheeler prices are […] Read more
India Below Asian Average in Electric Vehicle Penetration; CY 2022 Pegged at Just 1.1% Updated On Thu, May 18th, 2023 by Saurenergy As per a research by S&P Global Ratings, India’s EV penetration is a laggard in CY 2022 when compared against other Asian countries. The percentage of EV penetration in the said year was a mere 1.1%, signficantly lower than the Asian average pegged at over 17 per cent. Not surpisingly, the penetration of electric vehicles […] Read more
High Efficiency, Low Maintenance: BENY’s Commercial Charging Stations Fill Market Gaps Updated On Tue, May 16th, 2023 by Saurenergy Among the many firms that have given a massive EV push to China, is BENY- a 30-year-old firm that has made a strong pivot towards green energy-linked solutions. Commercial EV charging stations, that account for 30% of BENY’s product mix, have taken the firm to markets around the world, helping build a solid reputation for […] Read more
Delhi Set To Welcome New Electric Vehicle Policy Updated On Mon, May 15th, 2023 by Saurenergy Delhi’s Electric Vehicle Policy will expire this August. Officials maintain that 86% of the targets that had been set it by it have been achieved. Further, the government has disbursed subsidies in the EV sector worth INR 154 Cr. The Delhi government has already begun work on a revised version of the draft policy and […] Read more
Mufin Has Disbursed Highest Loans in Uttar Pradesh: Pankaj Gupta, Mufin Green Finance Updated On Mon, May 15th, 2023 by Saurenergy Mufin Green Finance, which claims to be India’s first listed NBFC dedicated to green financing, began its journey in 2016 with E-rickshaws way back. The firm claims a market share of 5% in e-rickshaw financing and says it has been able to keep the NPAs as low as 1.92%. With a portfolio dominated by borrowers […] Read more
NITI Aayog To Fix Electrification Targets For App-Based Vehicles Updated On Fri, May 12th, 2023 by Saurenergy Indian government’s think-tank NITI Aayog might soon introduce yearly electrification targets for mobile application-based vehicle service providers like Ola, Uber, and others, reports suggest. The move is aimed at speeding up the electrification of new fleets of vehicles by these players. According to the report, which is yet to be published, the Aayog has decided […] Read more
