Early Stage VC SeaFund Invests in 5 DeepTech Startups Updated On Tue, Nov 21st, 2023 by Saurenergy Early stage focused Seafund Ventures has invested INR 5 crore across five sustainability focused startups. The fund plans to invest 20% of its entire investible corpus in clean energy and the EV value chain including sectors like transportation, logistics and circular economy. SeaFund is currently raising its second fund with a target corpus of INR […] Read more
Log9 Materials & Hala Mobility Partner for 1500 Electric Two Wheelers Deployment Updated On Mon, Jul 31st, 2023 by Saurenergy Log9 Materials, a deep technology and advanced battery technology start-up based in Bengaluru, has announced a long-term strategic partnership with Hala Mobility India, a multimodal EV-logistics services platform headquartered in Hyderabad. As part of the partnership, Hala Mobility will gain access to 1500 electric two-wheelers called BzinessLite InstaCharged by Log9 Materials. Additionally, Log9 will provide […] Read more
9 EV Financing Startups in India Accelerating EV adoption Updated On Fri, Jul 21st, 2023 by Saurenergy The electric vehicle (EV) revolution in India is gaining momentum, driven by technological advancements, environmental consciousness, and government initiatives. With growing awareness of its benefits, electric vehicles (EVs) are emerging as a promising choice for prospective vehicle buyers. In the first half of CY2023, the EV sales crossed the 100,000-unit mark on average each month, […] Read more
The Top 5: Electric Motorcycles in India in 2023 Updated On Tue, Mar 21st, 2023 by Saurenergy Electric vehicles started competing with conventional fossil fuel-run vehicles in the last few years. The year 2022 was a significant year for EVs, as it saw the addition of over 10 million new BEVs and PHEVs to the global EV fleet, a 55 percent increase from 2021. Just like many other major economies, India too […] Read more
EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023 Updated On Mon, Jan 30th, 2023 by Saurenergy Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […] Read more
HOP Electric Launches E-Scooter LEO Priced Below Rs 1 Lac Updated On Wed, Jan 18th, 2023 by Saurenergy Leading electric two-wheeler manufacturer, HOP Electric, has launched the a high-speed variant of its best-selling electric scooter, HOP LEO. HOP Electric says that the launch of the new e-scooter further reinforces HOP Electric’s aim to offer cost effective mobility to customers as it is priced below 1 lac. Consumers can purchase this electric two-wheeler at […] Read more
Tata Motors to Run 921 Electric Buses in Bengaluru Updated On Mon, Dec 19th, 2022 by Saurenergy India’s leading EV maker Tata Motors has announced that it has signed a definitive agreement with Bengaluru Metropolitan Transport Corporation (BMTC) through its fully owned subsidiary, TML Smart City Mobility Solutions Ltd. under which the company will operate 921 electric buses in Bengaluru, Karnataka. As part of the agreement, TML Smart City Mobility Solutions will […] Read more
The Firms Reliance Bet On For Storage and Cell Manufacturing Updated On Mon, Dec 19th, 2022 by Saurenergy One of the largest private sector corporations in India and a multinational conglomerate, Reliance Industries Ltd. has shown a growing interest in the energy storage sector. Reliance New Energy Limited, a subsidiary firm, designated for its clean energy bentures has been busy – acquiring, signing agreements, or investing in firms. Be it Netherlands based LithiumWerks, […] Read more
Log9 Materials Showcases It’s Full EV Range At Expo Updated On Mon, Jul 4th, 2022 by Saurenergy Bengaluru-based Electric vehicle startup Log9 Materials, with its indigenously-developed innovations/technology-based solutions for the EV, energy storage, and other allied domains (Last-Mile Delivery) is in hyper active mode. From multiple partnerships, to participating in industry expos, to even investments in other startups, the firm and its founders have been very busy lately. At a recent green […] Read more