Electric CV Distribution and Financing Firm Turno Raises $13.8 m Funding Updated On Fri, Feb 10th, 2023 by Saurenergy Turno, an EV distribution and financing platform firm has announced that it has raised $13.8 million (~ INR 112 crores) in its Series A funding from global investors such as B Capital, Quona Capital, Stellaris Venture Partners and others. The funds will be utilized to expand its Electric Vehicle distribution platform across India and build a complete used battery […] Read more
France Pushes Rooftop Solar With Mandate for Solar Parking Lots Updated On Thu, Feb 9th, 2023 by Saurenergy A parliamentary legislation for France that is as interesting as it is environment-friendly, seeks to mandate the installation of solar panels on car parks. This is mandatory for areas stretching over 1,500 square meters. Soon, it should be common to spot solar panels along the country’s large parking lots. Parking lots in fact, offer one […] Read more
Maharashtra Races To Top In EV Pile With FAME 2 Fuel Updated On Thu, Feb 9th, 2023 by Saurenergy Maharashtra is leading in the number of EVs sold across all segments. The State has achieved this place with the help of the FAME II Scheme. It has 2.96 lakh EVs out of total 16.73 lakh EVs/hybrids in the country. The next in line are Karnataka and Tamil Nadu with 2,03,592 and 1,69,006 respectively. FAME […] Read more
Himachal’s Sirmaur District to Get 100 EV Charging Stations Updated On Thu, Feb 9th, 2023 by Saurenergy The electric vehicle industry is rising and its robust expansion in near future looks imminent for multiple reasons – policy support, capacity of industries and environmental consciousness of consumers. Hence, in order to up the adoption of EVs, the Himachal Pradesh administration will be deploying 100 electric vehicle charging stations in the Sirmaur district. As […] Read more
Dharamshala Roads Gear up for 15 E-Buses Updated On Wed, Feb 8th, 2023 by Saurenergy Close on the heels of Srinagar and Jammu announcing the introduction of 200 electric buses, Dharamshala has announced a similar initiative. Dharamshala roads will soon welcome 15 e-buses. This announcement comes as part of its smart city project, which is said to have gathered momentum following this news. This is a pilot project developed between […] Read more
Chargeup & Zomato Club up for Emission-Free Food Deliveries Updated On Tue, Feb 7th, 2023 by Saurenergy Chargeup, a player in electric vehicle (EV) charging infrastructure industry, has partnered with Zomato to enable Zomato delivery partners to get easy financing and leasing options to make a seamless switch to electric mobility. This ESG initiative will enable Zomato to reduce the carbon footprint of its vast delivery network across India. Speaking about this, […] Read more
Three Wheels United & Eqaro Partnership with Log9 Materials For EV Financing Updated On Tue, Feb 7th, 2023 by Saurenergy Access to EV financing is an issue multiple players are looking to tackle. Among the various deterrents to EV financing, a key challenge is the nascency of the technology, which has not only led to questions on the reliability and performance but also to an assumed zero residual value by the financing institutions. The uncertainty […] Read more
Budget Reactions- Industry Hopes Green Credit, Transmission Focus And More Will Deliver Updated On Thu, Feb 2nd, 2023 by Saurenergy Budget 2023-2024, lacking any big ticket announcements save the focus on green growth has been welcomed guardedly by industry. Plaudits have come from the EV sector, where the exemptions granted for Lithium Ion battery manufacturing have been welcomed. However, solar developers have been left hoping that the focus on transmission will strengthen the grid, helping […] Read more
Hyundai to Install 10 Ultra Fast EV Charging Stations on Key Highways Updated On Thu, Feb 2nd, 2023 by Saurenergy Ace automaker Hyundai has said that the company plans to install 10 ultra-fast charging stations for electric mobility in the country to enable seamless movement and greater adoption of electric vehicles. In a key development, Hyundai and ChargeZone – Hyundai’s partner – have mounted two DC ultra-fast EV charging stations on two different highways of […] Read more
