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
Indian EV Sector Registered 170% Growth In FY23: CEEW-CEF Report Updated On Thu, May 11th, 2023 by Saurenergy A latest analysis report by the Council on Energy, Environment and Water’s Centre for Energy Finance (CEEW-CEF) claimed that sales of Electric Vehicles (EVs) in India grew exponentially in FY23. It claimed that the Indian EV sector witnessed a growth of 170 percent (compared to FY22). It also crossed the one million mark during the […] Read more
Canada Marks Biggest Acquisition of Over 1000 Electric Buses in North America Updated On Wed, May 10th, 2023 by Saurenergy In a recent announcement, Canada will be making its first major acquisition of over 1,000 electric buses. This acquisition aspires to augment the network of electric public transit in Quebec’s eastern province. As per Infrastructure Canada, the governments will be making an investment exceeding C$780 million ($585 million) and more than C$1.1 billion with a […] Read more
Five Major Challenges India Can Face in Lithium Mining Updated On Tue, May 9th, 2023 by Saurenergy In the latest development, the Geological Survey of India (GSI) indicated the presence of a large deposit of Lithium in the Degana region of Rajasthan’s Nagaur district. It is the second largest critical mineral discovery after the GSI discovered another significant source in the Reasi district of Jammu and Kashmir in February this year. While […] Read more
Is It Possible To Build Smaller Yet Long-Lasting Lithium Batteries? Updated On Mon, May 8th, 2023 by Saurenergy Lithium-ion batteries have now become indispensable to households across the world. With their excellent energy storage, lightweight, and recharging potential, these batteries are now finding their rampant usage in Electric Vehicles (EVs) and other household energy storage devices. But is it possible to build more long-lasting and smaller Lithium-ion batteries of equal or more capacity? […] Read more
Govt To Disburse Subsidy Dues To Ola, Ather, Hero & TVS Under FAME-II Updated On Mon, May 8th, 2023 by Saurenergy The Ministry of Heavy Industries, the nodal government agency handling the Faster Adoption of Manufacturing of Electric Vehicle (FAME)-II scheme, has been mulling returning the due subsidies of four major electric two-wheeler companies, reports claimed. The move comes days after these EV players announced reimbursing the EV customers to whom these companies sold EV chargers […] Read more
EV Ride Hailing Service BluSmart Rakes Up $42M to Augment Operations Updated On Fri, May 5th, 2023 by Saurenergy EV ride-hailing firm BluSmart Mobility, which also serves as an EV charging superhub infrastructure operator, has shared that it has pocketed $42 million in its recently held round in April. BluSmart Mobility will employ the funds raised to expand reach into mega cities, and expand fleet to 10,000 over the next year. BluSmart boasts of […] Read more
Smart Battery Swapping Startup Esmito Partners with ElectricFuel to Offer Energy as Service Updated On Thu, May 4th, 2023 by Saurenergy Esmito, a smart battery swapping solution provider has joined hands with ElectricFuel, a leading EV charging services provider to roll out Energy as a Service (EaaS) platform with an aim to bring affordable, high performance battery swapping solutions to the Indian EV market. The operations are currently being rolled out in Bangalore and Hyderabad and […] Read more
