Mercedes-Benz to Buy 10k Tonnes Lithium from Canada’s Rock Tech Updated On Thu, Aug 25th, 2022 by Saurenergy Leading automaker Mercedes-Benz AG and Canada’s lithium development company Rock Tech Lithium have announced that they will enter into an agreement which will provide for a strategic partnership to produce high-quality lithium hydroxide for the automaker and its battery suppliers. Under the intended binding agreement, Rock Tech has agreed to deliver up to 10,000 tonnes […] Read more
American Battery Solutions Launches Storage Solutions Product Line Updated On Wed, Aug 24th, 2022 by Saurenergy Commercial and industrial advanced battery systems manufacturer, American Battery Solutions, has announced its new Energy Storage System division branded as ‘ABS ESS.’ According to American Battery Solutions, ABS ESS has unveiled TeraStor, its new lithium-ion battery energy storage platform, specifically for large-scale energy storage projects. Additionally, ABS ESS has also released StorView, its Energy Management […] Read more
Kinetic Engineering To Establish a $250 Million Electric Vehicle Subsidiary Updated On Thu, Aug 18th, 2022 by Saurenergy Kinetic Engineering (KEL), the Kinetic Group’s flagship company, has announced the formation of a subsidiary company focused on the electric vehicle (EV) segment. The subsidiary will have an authorized capital of up to $250 million, and the company will own more than 51% of it. KEL would use its strong technical knowledge and vast manufacturing […] Read more
The Top 5: Trends In Energy Storage and Innovations Updated On Wed, Aug 10th, 2022 by Saurenergy Switch to Renewable Energy (RE) is high on demand for the countries across the globe. As more and more countries become the part to this wave of change, advancement in technologies is bound to happen. With advancement in technology, new trends emerge. Speaking of the energy storage trend, it is at the helm of this […] Read more
India’s EV transition Is More Resolute In The Three-Wheeler Industry Updated On Thu, Aug 4th, 2022 by Saurenergy By Harsha Bavirisetty According to a report from the Investment Information and Credit Rating Agency (ICRA), three-wheelers will spearhead the Indian EV journey because these vehicles have to travel fewer distances, carry more load and generally will make do with a day’s worth of charge. The new electric three-wheelers (e3w) sold in the country in […] Read more
Nexeon Raises $200 Million To Fund Battery Materials Manufacturing Updated On Thu, Aug 4th, 2022 by Saurenergy Nexeon has announced that it has completed the second close of its fundraise resulting in a total investment of $170 million furthering to the announcement of its strategic partnership with and investment from Korea based SKC last January. $50 million is also being commercially invested in Nexeon’s technologies as a result of the investment round. […] Read more
Second-Life Lithium Battery Storage Repurposing Is a Huge Opportunity Updated On Tue, Aug 2nd, 2022 by Saurenergy BATX energies is one of those companies which are truly a product of the times. Set up as a lithium recycling startup by co-founders barely out of college, the firm is firmly focused on the circular economy, as the energy transition gathers space. In the news recently for a fund raise, we caught up with […] Read more
Metastable Materials Launches R&D & Innovation Centre in Bengaluru Updated On Mon, Aug 1st, 2022 by Saurenergy Urban mining startup Metastable Materials has inaugurated its maiden R&D and Innovation Centre in Bengaluru. The centre will look at accomplishing the multi-fold goals of carrying out equipment fabrication, design and development, and process optimization, among other strategic ambitions. The company’s newly-inaugurated facility, spread over a total area of 5,000 sq. ft., is equipped with […] Read more
Exide Energy To Set Up Li-Ion Battery Manufacturing In Bengaluru Updated On Fri, Jul 29th, 2022 by Saurenergy Exide Industries has announced that the company will establish a lithium-ion battery cell manufacturing facility of gigawatt scale in Bengaluru, Karnataka. Exide is the largest lead-acid battery manufacturer in India and the revelations have been made in a regulatory filing by the company. Exide has joined hands in partnership with SVOLT Energy Technology Co Ltd […] Read more
