Amara Raja Reports Solid Q1 Results, Commissions 90 MW Solar For NTPC Updated On Mon, Aug 5th, 2024 by Saurenergy Hyderabad based Amara Raja Energy & Mobility Limited (ARE&M), (formerly known as Amara Raja Batteries Limited), has reported profit before tax of ₹ 328.66 Cr for Q1 of FY25 registering a growth rate of 23% over Q1 of FY24. Standalone financial performance highlights: (₹ in crores) Particulars Quarter Ended Jun 30, 2024 Jun 30, 2023 Revenue […] Read more
Amara Raja, Ather Plan Li-Ion Gigafactory At Telangana Updated On Thu, Aug 1st, 2024 by Saurenergy Ather Energy has established two manufacturing facilities in Hosur, Tamil Nadu: one for battery production and another for vehicle assembly. Recently, the company announced plans to build a new plant in Maharashtra and has now decided to collaborate with Amara Raja Advanced Cell Technologies to set up a facility in Telangana. This new facility will […] Read more
Gov Extends E-Mobility Scheme With A Budget Of Rs 778cr Updated On Mon, Jul 29th, 2024 by Saurenergy In 2019, the Indian government approved the ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ to promote electric mobility. Recently, the government extended the duration of the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, now running until September 30, 2024. Additionally, the scheme’s outlay has been […] Read more
What The Indian EV Sector Expects From Union Budget 2024 Updated On Mon, Jul 22nd, 2024 by Saurenergy With a day left for the Union Budget, the Electric Vehicle (EV) and the battery manufacturers, battery recycling companies have pinned their hopes on the budget. The industry now expects attention to the sector to weed out some of the major hurdles in the sector. Following are the expectations of the industry from the budget– […] Read more
We Are Set To Expand Battery Recycling: Anupam Kumar (MiniMines) Updated On Mon, Jul 22nd, 2024 by Saurenergy How did the journey of MiniMines start? We founded the company in 2021. I started the company with other co-founder Anupam Kumar and Arvind Bhardwaj. We were driven by a vision to tackle the dual challenges of high electric vehicle (EV) costs, lack of critical minerals, massive import dependency worth 7 billion USD, and environmental […] Read more
What The Renewable Industry Expects From Union Budget? Updated On Fri, Jul 19th, 2024 by Saurenergy Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […] Read more
Zinc-Bromine Batteries Set To Find Usage In Energy Storage Updated On Thu, Jul 18th, 2024 by Saurenergy The flowless zinc-bromine battery (FLZBB) is a promising alternative to flammable lithium-ion batteries due to its use of non-flammable electrolytes. However, it suffers from self-discharge due to the crossover of active materials, generated at the positive graphite felt (GF) electrode, to the negative electrode, significantly affecting performance. Now, researchers have developed a novel nitrogen-doped mesoporous […] Read more
Battery Recycling Can Slash EV Battery Cost By €3,000 In Europe, Says Report Updated On Thu, Jul 11th, 2024 by Saurenergy A recent report by Deloitte hinted at new opportunities in slashing electric car battery costs by up to €3,000 by roping in EV battery recycling techniques. It suggested that the adoption of a redesigned approach, spanning the entire product lifecycle is expected to bring the cost down while revenue is expected to see an increase […] Read more
Quantumscape Moves A Step Forward With Its Solid State Battery Updated On Thu, Jul 11th, 2024 by Saurenergy In an important development, QuantumScape just shipped its latest solid-state battery cell, dubber Alpha-2 to prospective customers. This is considered a massive stride for solid-state cell technology, demonstrating that the technology is close to ready for mass-deployment. QuantumScape has been widely credited with pushing the case for solid state batteries until now, although recently Chinese […] Read more
