Urban Mining Startup Metastable Materials Raises Pre-Seed Funding Updated On Thu, Jun 30th, 2022 by Saurenergy In its maiden fundraising round, Bengaluru-based urban mining startup Metastable Materials has raised an undisclosed amount of pre-seed funding from a clutch of angel investors and venture capital firms. The pre-seed round was led by Akshay Singhal and Kartik Hajela, Co-Founders of Log9 Materials – an advanced EV battery-technology and battery manufacturing company. Archana Priyadarshini, […] Read more
Trains Fueled by Hydrogen will Operate in Germany Updated On Wed, Jun 29th, 2022 by Saurenergy Hydrogen-based technology is being used in rail transport. The latest example is Germany’s Siemens Mobility, which is building several trains fueled by hydrogen for the transport network in the Berlin-Brandenburg metropolitan area. On Monday (27th June) Siemens Mobility stated that Niederbarnimer Eisenbahn has ordered seven of its Mireo Plus H trains from the company. The […] Read more
Mecwin India Invests Rs 50 Cr to Set Up New Manufacturing Unit Updated On Wed, Jun 29th, 2022 by Saurenergy Bangalore-based EV start-up, Mecwin India has announced a new manufacturing unit in Bengaluru, Karnataka for EV motors and controllers. The firm is going to invest Rs 50 Cr in this manufacturing unit, it claims. According to the company’s statement, Bengaluru’s production plant for domestic EV motors and controllers will be up and running by the […] Read more
LG Electronics Acquires AppleMango, Forays into EV Charging Business Updated On Mon, Jun 27th, 2022 by Saurenergy LG Electronics announced on June 26 its foray into the EV charging solutions business by acquiring fellow South Korean EV charging firm AppleMango amid a global electrification push. About 60 per cent stake in AppleMango was bought by the Korean electronics major for an unspecified amount, with GS Energy and GS Neotek taking over 34 […] Read more
China’s CATL Launches Battery With 1000 km Range On A Single Charge Updated On Mon, Jun 27th, 2022 by Saurenergy Leading battery manufacturer, Contemporary Amperex Technology Co Ltd (CATL) has launched its Qilin battery technology which has a volume utilization efficiency of 72% and an energy density of up to 255 Wh/kg. CATL claims that it has recorded the highest integration level worldwide so far by delivering a range of over 1,000 km . The […] Read more
Global Investment On Energy To Increase By 8% In 2022: IEA Updated On Fri, Jun 24th, 2022 by Saurenergy The world may increase its spending by 8% in 2022 to the tune of about USD 2.4 trillion on clean energy transition, a new report published by the International Energy Agency has claimed. The IEA’s World Energy Investment 2022 report further revealed that the maximum energy investment was on renewables and grids. Not evenly spread, […] Read more
EV Rental Firm Bounce And Howdyy Plan To Deploy 10,000 e-Scooters Updated On Wed, Jun 22nd, 2022 by Saurenergy Howdyy and EV rental firm Bounce Share have rolled out their plans to deploy over 10,000 e-scooters in the next two years. A joint statement released by both the companies on June 21 reads that the deployment of vehicles will spread across the metropolis like Bengaluru, Mumbai, Pune, Chennai, and Hyderabad, leaving the national capital […] Read more
Inverter Engineer Updated On Tue, Jun 21st, 2022 by Saurenergy The Inverter Engineer will be directly involved in the product development engineering of utility scale energy storage solutions, including: Determine detailed technical requirements for inverters while participating in an Agile product development process Review inverter technical documentation to determine compliance with requirements and evaluate technical characteristics Verify inverter functionality and performance characteristics by testing at […] Read more
EVs Buying Costs To Be At Par With Petrol Vehicles In A Year, Says Nitin Gadkari Updated On Mon, Jun 20th, 2022 by Saurenergy The Union Minister for Road Transport and Highways, Nitin Gadkari has expressed the hope in an event that the prices of all electric vehicles (EVs) are going to be equal to the cost of petrol vehicles in India in the coming one year. The premise behind the comment from the Union Minister is that, as […] Read more
