Etrio Steps Into E4W Light Commercial Vehicle Segment Updated On Thu, May 20th, 2021 by Saurenergy Hyderabad-based electric vehicle (EV) maker Etrio has announced that it is planning to step into the electric 4-wheeler (E4W) light commercial vehicle (LCV) segment along with plans to launch more electric 3-wheeler products. The EV maker also announced its entry into the B2C segment with a pan-India dealership network endeavouring to increase adoption of its […] Read more
CESL to procure 300 Electric Vehicles from Tata Motors Updated On Thu, May 20th, 2021 by Saurenergy CESL has placed a Letter of Award in favour of Tata Motors for the procurement of 300 electric vehicles. Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL) placed a Letter of Award in favour of Tata Motors for the procurement of 300 electric vehicles with 3 years of warranty. […] Read more
Global EV Market To Reach $802.75 Billion By 2028: Report Updated On Tue, May 18th, 2021 by Saurenergy A recent study report by Market Growth Report, says that the electric vehicle (EV) market is expected to reach USD 802.75 billion by the year 2028, growing at a Compound Annual Growth Rate (CAGR) of 21.6 percent during the forecast period, 2021 – 2028. This market size was estimated to be valued at USD 273.31 billion […] Read more
EVs Covers 1.3% of Vehicle Sales in India in FY 20-21 Updated On Wed, May 5th, 2021 by Saurenergy Increasing domestic EV manufacturing is making India Atmanirbhar and positively impacting the Trade Deficit of India. Electric Vehicle (EV) adoption and hence its manufacturing has been the prime focus of our country for a few years now. The central and state governments are bringing new policies and incentives every year so far. According to a […] Read more
Gadkari Promotes Investment in Indian RE Sector at Indo-US Summit 2021 Updated On Mon, May 3rd, 2021 by Saurenergy At the Indo-US Partnership Vision Summit 2021, organised by IMC Chamber of Commerce and Industry on Friday, Union Minister Nitin Gadkari called the Indo-US partnership ‘the most important partnership of the 21 century’. Speaking about the growing confidence between India and the US, he said that all outstanding trade issues would be resolved soon, and […] Read more
Ola Planning to Take its Electric Scooter to the International Markets Updated On Mon, May 3rd, 2021 by Saurenergy Ola Electric is looking at taking its electric scooter to international markets this fiscal according to company Chairman Bhavish Aggarwal. Ola Electric is looking at taking its electric scooter to international markets this financial year, including countries like France, Italy and Germany, according to company Chairman and CEO Bhavish Aggarwal. The company, which is working on setting […] Read more
Covid-19 Couldn’t Crush India’s Electric Car Sales in 2020; They rose 41% Updated On Thu, Apr 29th, 2021 by Saurenergy According to the latest report by the International Energy Agency (IEA), electric car sales increased by 41% in 2020 even though the corona virus pandemic led to a serious fall in the world’s economic growth, causing global car sales to fall by 6%. The report shows that 4.6% of overall car sales in 2020 was […] Read more
Lohum Plans 250-crore Investment in Capacity Expansion Over Next 3 Yrs Updated On Mon, Apr 19th, 2021 by Saurenergy Lohum Cleantech, the lithium-ion battery manufacturer and recycler based in New Delhi, is planning to invest around 250 crores in the following three years towards expanding its manufacturing capacity, which currently stands at 300 MWh of batteries per year and 200-250 units a day, with aims to eventually venture into the production of batteries for […] Read more
At 0.88% of all Vehicle Registrations, EVs Record Their Highest Share in Indian Market Updated On Thu, Apr 15th, 2021 by Saurenergy According to the CEEW-CEF, registrations for EVs accounted for 0.88% of all registrations in the last fiscal- the highest share ever achieved. According to the CEEW Centre for Energy Finance’s (CEEW-CEF) electric mobility dashboard, the e-mobility sector in India has been slowly pulling itself out of the COVID-19 induced slump recording nearly 1.35 lakh electric vehicle […] Read more
