Kinetic Green Raises US$25 Mn From Greater Pacific Capital Updated On Mon, Aug 12th, 2024 by Saurenergy Kinetic Green, an Electric Vehicle (EV) manufacturer secured a US$25 million investment from Greater Pacific Capital (GPC), a global private equity firm. This investment is part of an overall targeted Series A fundraising of up to US$40 million. GPC’s investment in Kinetic Green is through a combination of instruments including common equity shares, convertible preference […] Read more
Neuron Energy Secures Rs. 20 Cr In Series A Funding Updated On Tue, Aug 6th, 2024 by Saurenergy Neuron Energy today concluded its Series A funding round, raising Rs. 20 Crores from investors, including contributions from the Chona Family, a venture capital firm, and Capri Global Family Office, a Non-Banking Financial Company (NBFC). Neuron Energy is an electric vehicle (EV) battery manufacturer that offers various electric mobility solutions that span from lead-acid to […] Read more
Lectrix EV Partners With Electric One Energy To Boost E-Mobility Updated On Thu, Aug 1st, 2024 by Saurenergy Lectrix EV, the electric mobility arm of SAR Group has announced its collaboration with Electric One Energy Pvt. Ltd., an EV superstore chain. The partnership is likely to broaden the former’s EV’s market presence. The collaboration will make Lectrix EV more accessible to Indian and global consumers, looking forward to buying affordable, accessible, and high-quality […] Read more
Amara Raja, Ather Plan Li-Ion Gigafactory At Telangana Updated On Thu, Aug 1st, 2024 by Saurenergy Ather Energy has established two manufacturing facilities in Hosur, Tamil Nadu: one for battery production and another for vehicle assembly. Recently, the company announced plans to build a new plant in Maharashtra and has now decided to collaborate with Amara Raja Advanced Cell Technologies to set up a facility in Telangana. This new facility will […] Read more
Gov Extends E-Mobility Scheme With A Budget Of Rs 778cr Updated On Mon, Jul 29th, 2024 by Saurenergy In 2019, the Indian government approved the ‘Faster Adoption and Manufacturing of Electric Vehicles in India Phase II (FAME India Phase II)’ to promote electric mobility. Recently, the government extended the duration of the Electric Mobility Promotion Scheme (EMPS) 2024 by two months, now running until September 30, 2024. Additionally, the scheme’s outlay has been […] Read more
Indian RE Sector Can Attract Rs 30L-crore Investment Between 2024-2030: Report Updated On Mon, Jul 22nd, 2024 by Saurenergy Power transmission in India is emerging as one of the largest unified electricity grids in the world, states the Economic Survey 2023-24. The Indian transmission system has expanded to 4,85,544 circuit kilometers of transmission lines and 12,51,080 mega volt amp (MVA) of transformation capacity, until 31 March 2024, stated the survey notes. The survey was […] Read more
The Top 5: Electric Motorcycles to Buy in India Under Rs 1.5 Lakh Updated On Tue, Jul 2nd, 2024 by Saurenergy India is poised to become the largest EV market by 2030, with a total investment opportunity of over USD 200 billion over the next 8-10 years. The country is the world’s largest manufacturer of electric 2-wheelers (e2w) and electric 3-wheelers (e3w). Being the largest manufacturer, especially in the e2w category, fits the Indian scenario well […] Read more
Govt Proposes Timelines For Activating EV Charging Connections Updated On Tue, Jul 2nd, 2024 by Saurenergy The Ministry of Power has now issued a new draft notification to expedite the growth of installation of electric vehicle charging stations. The ministry has also specified a minimum time period for the electricity distribution companies (discoms) to supply electricity connections to the EV charging points/stations which goes to as low as three days for […] Read more
NSEFI, BSW Collaborate For Delhi’s First PV-Powered EV Charging Station Updated On Tue, Jul 2nd, 2024 by Saurenergy The National Solar Energy Federation of India (NSEFI), India’s leading solar policy advocacy body unveiled Delhi’s first grid-connected solar-powered EV charging station at Hauz Khas Village Parking Station. The solar-powered EV charging station was inaugurated by the German Ambassador to India and Bhutan, Philipp Ackermann. The formal inauguration was done on 26th June 2024 in the […] Read more
