Ola Electric Sets the Ball Rolling for 100GWh Factory at Tamil Nadu Updated On Thu, Jun 22nd, 2023 by Saurenergy Ola Electric has kickstarted the establishment of what is set to be India’s biggest Gigafactory. The gigafactory, which is to come up in Krishnagiri, Tamil Nadu, will begin with an initial capacity of 5 GWh and later, expand to 100 GWh in a phase-wise manner. The firm has set sights on beginning operations by next […] Read more
Errant EV Players Might Face More Trouble For Flouting FAME-II Updated On Tue, Jun 20th, 2023 by Saurenergy The Ministry of Heavy Industries is now mulling stringent actions against alleged errant two-wheeler Electric Vehicle (EV) players in India for falsely claiming subsidies under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II. The ministry is the nodal agency for disbursing FAME-II funds to EV players. As per reports, the ministry has planned to […] Read more
Revfin Rings In $5 Mn From US International Development Finance Corporation Updated On Fri, Jun 9th, 2023 by Saurenergy Revfin Services Private Limited, which delves into the Indian EV financing space, has secured $5 million from the United States International Development Finance Corporation (DFC). The investment is part of DFC’s portfolio for ‘Impact and Innovation’ and seeks to promote inclusive financing for EV adoption in India. The funds raised from DFC will enable Revfin […] Read more
RAMP In Alliance with Hala Mobility for Upkeep of EV Fleet Updated On Thu, Jun 8th, 2023 by Saurenergy RAMP GLOBAL, a cloud-based ecosystem for automotive aftermarket services has recently announced its strategic partnership with multi-modal ride-sharing platform Hala Mobility to foray into the maintenance, management, leasing and tracking of electric vehicles. It is the firm’s first move that aims to drive efficiency and reliability of solutions for EV adoption as a clean mobility […] Read more
Five Reasons EVs Will Deliver On Their Clean Promise Updated On Thu, Jun 8th, 2023 by Saurenergy In Part 1 of this two-part series yesterday, we covered the various challenges to Electric Vehicles (EVs), especially regarding their green credentials. However, the EV juggernaut has only picked up speed in India, with the market leader, Tata Motors, which leads in the four-wheeler EV segment with their EV models-Tiago and Nexon is now all set to launch its […] Read more
EVs Face A Speed Breaker As Skeptics Gather Evidence Around Key Issues Updated On Tue, Jun 6th, 2023 by Saurenergy The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […] Read more
Top Automakers in Japan, India Lag in EV Transition: Report Updated On Thu, Jun 1st, 2023 by Saurenergy A latest report from the International Council on Clean Transportation (ICCT) claimed that the top automobile companies in Japan and India are lagging behind in transitioning from a fossil-fuel-based regime to an Electric Vehicle (EV)-based market. The report evaluated automakers on their performance and strategy across a set of measures related to their current position in the […] Read more
BESCOM To Deploy Charging Stations On Toll Plazas Of Bengaluru-Pune Highway Updated On Tue, May 30th, 2023 by Saurenergy A move that is expected to raise electric vehicle adoption in the state of Karnataka, Bangalore Electricity Supply Company Limited (BESCOM) has planned to set up fast electric vehicle (EV) charging stations at toll plazas on the national highway that connects Bengaluru and Pune – the big metros of the region. BESCOM will deploy these […] Read more
Uber Green Set to Establish Presence In India Starting June 2023 Updated On Thu, May 25th, 2023 by Saurenergy Ride-sharing app Uber Green is set to mark its entry into India in June 2023. The presence of the firm will be established first in the three cities of Bengaluru, Mumbai, and Delhi. The initiative will enable riders to book cabs that are all-electric and have zero tail-pipe emissions. At present, Uber Green is operational […] Read more
