BluSmart raises $50 million to expand its electric car fleet Updated On Wed, May 25th, 2022 by Saurenergy BluSmart, an electric ride-hailing platform from the promoters behind Renewable firm Gensol, has announced that it has raised $50 million and it will utilize the funds to purchase 5,000 more electric cars in order to scale up its electric vehicle hubs. The funds raised comprise a mix of equity and venture debt. BluSmart calls itself […] Read more
EV Sales Touch New World Record But Raw Materials Could Be Spoiler Updated On Tue, May 24th, 2022 by Saurenergy The sale of electric vehicles (EV) across the world more than doubled this year against 6.6 million last year, accounting for one in 10 new cars sold, according to the International Energy Agency‘s annual report published on May 23. However, the report mentioned that the grey areas like price and supply of critical minerals could […] Read more
Tesla Nears Setting-up Electric Vehicle & Battery Factory in Indonesia Updated On Tue, May 24th, 2022 by Saurenergy Leading EV seller Tesla is close to inking a pact that will allow the US-based company to set up an electric vehicle factory in Indonesia. The facility may come up in Central Java’s Industrial complex and it may also host manufacturing of EV batteries. As per reports, the construction could start by the end of […] Read more
LML to enter EV segment; Plans 3 electric two-wheelers through Rs 350 cr investments Updated On Tue, May 24th, 2022 by Saurenergy Lohia Motors Ltd or what is popularly known as ‘LML’ has said that its planning to enter the electric vehicles segment by rolling out three electric two wheelers and will invest Rs 350 crore for the same, including a manufacturing facility. LML, or at least its old version, shut down in 2018, after a series […] Read more
Mahindra Will Seek Partnerships To Source EV Components Updated On Tue, May 24th, 2022 by Saurenergy Anish Shah, Chief Executive Officer of Mahindra and Mahindra, has said that the company has planned to source components from other players in order to give fillip to its electric vehicle portfolio. A week ago, Mahindra and Mahindra had announced its strategic collaboration with Volkswagen where the latter was to equip the EVs of the […] Read more
Buying An EV in India: Tax, Incentives, Rebates Updated On Mon, May 23rd, 2022 by Saurenergy Switch to EVs in India has become a necessity as the nation aims toward its goal of carbon neutrality by the year 2070, as announced at CoP26, 2021. The recent upsurge in fuel prices has also smoothened the road for EV’s. And helping it along is a slew of incentives from the government to help […] Read more
Gallium Nitride Makes Progress As A Substitute To Elevated Lithium Prices Updated On Wed, May 18th, 2022 by Saurenergy Since Lithium has become far too dear to afford, Gallium Nitride is being considered by many as a substitute. It not only offers higher energy density but also saves on weight. Tesla CEO Elon Musk will probably be pondering the question, as even as traded lithium carbonate prices climbed 413 percent between January and December […] Read more
EVRE Installs First residential EV Charging Station in Delhi Updated On Wed, May 18th, 2022 by Saurenergy EVRE has installed its first dedicated charging station for the electric vehicles in a residential society in East Delhi. EVRE claims itself to be one of India’s leading EV charging Infratech companies. The maiden charging station of EVRE at the Nagarjuna Apartments in Mayur Vihar area is fitted with EVRE Infinity EV Charger. The EVRE […] Read more
Battery Swapping For Electric Vehicles And Ways To Lead The Change Updated On Tue, May 17th, 2022 by Saurenergy By Dr. Irfan Khan Electric vehicles are becoming more visible with the increasing use cases in the commercial vehicle space. Many manufacturers and solution providers are working on measures to make EVs more affordable, easy to charge and economical to operate. One such technology that gives all these benefits to fleet operators is battery swapping. […] Read more
