GM Reveals new Ultium Batteries and Flexible Platform for EV Expansion Updated On Thu, Mar 5th, 2020 by Saurenergy General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. General Motors (GM) has shared details of its strategy to grow the company’s electric vehicle (EV) sales quickly, efficiently and profitably. “Our team accepted the challenge to transform product development at GM and position our […] Read more
India EV Battery Swapping Propelled by low Penetration of Charging Stations: P&S Intelligence Updated On Wed, Mar 4th, 2020 by Saurenergy Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for EV battery swapping is rising in India Due to increased run-time and improved remunerative prospects for shared e-mobility drivers, the demand for electric vehicle (EV) battery swapping is rising in India, a new report by market research and consulting services […] Read more
DGTR Proposes Anti-Dumping Duty on Al-Zn Coated Flat Products Updated On Mon, Mar 2nd, 2020 by Saurenergy DGTR – Ministry of Commerce and Industry, has proposed the imposition of anti-dumping duty on imports on Aluminium and Zinc coated products from 3 nations. The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, has in its final findings on a recent case, proposed the imposition of anti-dumping duty on […] Read more
Made In India. Is Change Coming Soon from China? Updated On Mon, Mar 2nd, 2020 by Saurenergy In the 2020 Union Budget, the Finance Minister made a not so subtle pitch for ‘Assemble In India’, even as the focus on Made in India continued. For India’s solar sector, the issue has never been more urgent, with over 80 percent of equipment imports from China. The Economic Survey, which precedes the budget by […] Read more
LG Chem to be Exclusive Supplier of EV Batteries for US-Based Lucid Motors Updated On Tue, Feb 25th, 2020 by Saurenergy LG Chem has signed an agreement with EV maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs until 2023. LG Chem has signed an agreement with electric vehicle (EV) maker Lucid Motors to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023. The South Korean EV battery […] Read more
Leclanché Secures $65 Mn Loan Facility to Expand Operations Updated On Mon, Feb 24th, 2020 by Saurenergy Leclanché has signed an agreement with Yorkville Advisors for an unsecured convertible loan facility with a maximum ceiling of USD 40 million. One of the world’s leading energy storage companies Leclanché has signed an agreement with Yorkville Advisors Global, a New Jersey-based investment firm providing for an unsecured convertible loan facility with a maximum ceiling […] Read more
China’s TBEA: Unwilling to Miss Any Opportunity Updated On Tue, Feb 18th, 2020 by Saurenergy TBEA Xinjiang Sunoasis Company Limited (TBEA) is a firm with a difference, as far as India goes. The firm, which operates as TBEA Xi’an Electric Technology Limited in India, does many things differently, something that has worked for the firm in India. But first, the numbers. In India, the firm has an installed base exceeding […] Read more
MNRE Clarifies on Manufacturers Exempt from BIS Registration Updated On Fri, Feb 7th, 2020 by Saurenergy In a bid to provide further relief to solar module manufacturers, the Ministry of New and Renewable Energy (MNRE) has issued clarification on the ‘definition of model’, ‘quantum of application fee’ and provisions w.r.t. manufacturers currently exempted from BIS registration and certification for ALMM (Approved List of Models and Manufacturers) application purpose. As per the […] Read more
Generate Raises $1 Bn to Scale Renewable, Sustainable Infra Platform Updated On Wed, Feb 5th, 2020 by Saurenergy Generate (formerly Generate Capital) has announced that it has secured more than $1 billion in funding to continue to scale its renewable and sustainable infrastructure fleet Generate has announced that it had secured more than USD 1 billion in funding to continue to scale its renewable, sustainable infrastructure fleet. New investors include some of the […] Read more
