Gurugram-based EV Logistics Firm Zyngo Raises $5 Million Funding Updated On Tue, May 9th, 2023 by Saurenergy Zyngo EV Mobility Private Ltd, a Gurugram-based tech-enabled third-party logistics service provider, has now raised USD five million in a ‘pre-series A’ funding led by Delta Corp Holdings (Delta Corp). It was in addition to the participation from existing investors like LC Nueva Investment Partners LLP. The company said these funds would be used to […] Read more
Lohum & ACKO Forge Partnership to Recycle & Reuse Batteries to Aid EV Adoption Updated On Tue, May 2nd, 2023 by Saurenergy Lohum, a producer of sustainable energy transition materials, and ACKO, a tech-first insurer, have joined hands in partnership to recycle and reuse batteries that will lead to faster adoption of electric vehicles in India. As per the firms, this is the first time for an association for EV battery insurance in the country to include […] Read more
In The two-wheeler space, electric cycles are the segment with maximum growth potential- Kunal Gupta, EMotorad Updated On Mon, May 1st, 2023 by Saurenergy Founded in 2020 EMotorad (EM) is an electric vehicles company that claims to bring futuristic e-bikes at an affordable price for adventure seekers, daily commuters, or casual riders. Preferring to term its EVs as affordable luxury, the Pune-based startup has something in store for everyone- the adventurer, the casual rider, or the daily commuter. With […] Read more
The Top 5: Reasons Why Public Transport Offers the Fastest Decarbonisation Solution for Transportation Updated On Mon, Apr 24th, 2023 by Saurenergy Owing to the increasing private vehicle fleet, Indian cities are suffering from the twin problems of road congestion and emissions. While the story of vehicular emissions is well known, the situation isn’t good in terms of traffic congestion either. For instance, the optimal travel time for a 10 km trip is around 16 and a […] Read more
ETO Motors Rolls Out 45 E-Autos with Women Drivers at Delhi Metro Station Updated On Thu, Apr 20th, 2023 by Saurenergy ETO Motors, a firm that deves in EMaaS (Electric Mobility as a Service) has introduced 45 electric L5 three-wheelers with women driver partners at Kalkaji Metro Station in New Delhi. This is ETO’s second launch in the city. Earlier, the firm had launched 36 E3Ws at Azadpur Metro Station for LMC service in December 2022. […] Read more
Global Lithium-Ion Battery Market To Touch USD 182.4 Billion by 2030: Report Updated On Thu, Apr 13th, 2023 by Saurenergy A report by Grand View Research, a US-based market research firm claimed that the global Lithium-ion battery market might reach USD 182.53 billion by 2030, registering a growth of 18.9 percent. With this, the sector would have an 18.9 percent compound annual growth rate (CAGR). The researchers claimed that the main thrust to the market would be […] Read more
In Last 1530 Days, Revfin Financed 11 Electric Vehicles Daily Updated On Tue, Mar 28th, 2023 by Saurenergy EV finance firm Revfin says that it has financed over 17,118 electric vehicles in the last 51 months. This means, in the last 1530 days Revfin financed 11 electric vehicles everyday. These vehicles are plying in over 200 cities across 16 states of India. The firm has already contributed to reduction of 30486 metric ton […] Read more
IFC Issues Sustainability-Linked Bond Worth $50 Million To Tata Cleantech Capital Updated On Mon, Mar 27th, 2023 by Saurenergy A new funding is set to spur India’s renewable energy capacity and help improve access to climate finance, with International Finance Corporation (IFC) investing INR 3,750 million (about $50 million) in a sustainability-linked bond (SLB) issued by Tata Cleantech Capital. This is the first such instrument issued by a private financial institution in India and […] Read more
EV rental services set up their own charging stations to ensure seamless customer experience: Dr Irfan Khan, eBikeGo Updated On Fri, Mar 17th, 2023 by Saurenergy Electric vehicle (EV) rental services, particularly for two-wheelers, has seen a significant rise in India in recent years. This can be attributed to various factors, including the growing awareness about the benefits of EVs, the increasing availability of charging infrastructure and the government’s push towards the adoption of electric vehicles. In 2021, electric two-wheeler sales […] Read more
