SES completes merger with ‘Ivanhoe’ to complete SPAC listing at NYSE Updated On Mon, Feb 7th, 2022 by Saurenergy Liquid metal battery firm SES AI Corporation or ‘SES’ has declared that it has closed the business combination of SES Holdings and Ivanhoe Capital Acquisition Corp or ‘Ivanhoe’, a Special Purpose Acquisition Vehicle(SPAC). The quest for this acquisition was announced previously and now it stands complete. With this, SES is listed on the New York […] Read more
NHEV adds Its Inputs on Proposed Battery Swapping Policy to NITI Aayog Updated On Mon, Feb 7th, 2022 by Saurenergy The working group of tech-piloting agency ‘Ease of Doing Business’ of National Highway for Electric Vehicle (NHEV) has met with NITI Ayog to discuss the details of the ‘Battery Swapping’ policy. The new scheme was announced by Finance Minister Nirmala Sitharaman in the Union Budget on February 1 to enhance the electric vehicle adoption in […] Read more
Energie Steiermark Installs Ultra-fast EV Charging Stations Updated On Sat, Feb 5th, 2022 by Saurenergy ADS-TEC Energy, a global leader in battery-buffered, ultrafast charging technology, recently announced that Energie Steiermark has deployed its ultra-fast EV charging stations. Austria-based Energie Steiermark has installed two ultra-fast charging stations opposite the main entrance of its corporate headquarters in Graz. The ADS-TEC Energy charger charging capacity is up to 320 kilowatts in a matter […] Read more
All About Metal-Air Batteries Updated On Mon, Jan 31st, 2022 by Saurenergy Metal-air batteries are an attractive technology. They are safer and have a higher energy density than other types of batteries. The application of air as a cathode helps in lowering the cost and the weight considerably. The utilization of cheap metals as an anode further assists in lowering the cost. A metal-air battery functions in […] Read more
Fluence Commissions 20 MWh BESS In Philippines Updated On Thu, Jan 27th, 2022 by Saurenergy US storage major Fluence has started commercial operations at the first project of its storage projects totaling 470 MW/470 MWh for power firm SMC Global Power Holdings (SMCGPH) in the Philippines. The battery will provide ancillary services to the power grid. Located in Kabankalan in the Philippines’ Negros Occidental region, the Battery Energy Storage System […] Read more
Post IPO, LG Energy Makes Splashy Debut On Exchange, Stock Doubles Updated On Thu, Jan 27th, 2022 by Saurenergy LG Energy Solution, whose IPO we had covered last week, has had a rocking start to its journey as a listed firm, with the stock doubling on its first day of trading on the Korean stock exchange. Seen in the context of weak global markets and the fears of a correction, the listing gains are […] Read more
E-Mobility Startup VAAN Electric Moto Launches E-Bikes in India Updated On Tue, Jan 25th, 2022 by Saurenergy Lifestyle e-mobility startup VAAN Electric Moto Pvt Ltd has launched its electric bicycle ‘Urbansport’ in the country. Union Minister of State for Skill Development, Entrepreneurship, Electronics and IT, Rajeev Chandrasekhar, launched the Van Electric Moto brand in India in a virtually held event in Kochi on Friday. The e-bike is available in two variants- Urbansport […] Read more
Tube Investments to form Subsidiary to Increase Focus on Clean Mobility Updated On Tue, Jan 25th, 2022 by Saurenergy Murugappa group company Tube Investments of India (TII) will form a new 100% subsidiary which will consolidate its electric three-wheeler and other EV-related ventures. Through this clean mobility subsidiary, Tube Investments of India (TII) will acquire around 70% controlling stake in Cellestial E-Mobility for an investment of Rs 161 crore. The acquisition would be through […] Read more
Karnataka Fish Vendors to Get Solar-Powered EVs Updated On Tue, Jan 25th, 2022 by Saurenergy In an attempt to provide consumers with fresh fish at their doorsteps, and uplift the fishing community, Karnataka’s fisheries department has decided to introduce e-vehicles with cold storage facility and solar panels for the door-to-door delivery of fish, report multiple media outlets. A cold chain is the most important, and decisive aspect of the supply […] Read more