Mecwin India Invests Rs 50 Cr to Set Up New Manufacturing Unit Updated On Wed, Jun 29th, 2022 by Saurenergy Bangalore-based EV start-up, Mecwin India has announced a new manufacturing unit in Bengaluru, Karnataka for EV motors and controllers. The firm is going to invest Rs 50 Cr in this manufacturing unit, it claims. According to the company’s statement, Bengaluru’s production plant for domestic EV motors and controllers will be up and running by the […] Read more
Battery Smart Raises $25 Million Funding Led by Tiger Global Updated On Tue, Jun 28th, 2022 by Saurenergy Delhi-based EV battery-swapping startup, Battery Smart has announced that they have closed the series-A funding round. In this round, Battery Smart has raised $25 Million in funding from American Investment firm, Tiger Global. Besides Tiger Global, Blume Ventures & Orios Ventures also joined as part of this investment. In November last year, Battery Smart raised $7 […] Read more
Under Pressure Honda Signs JV With Sony To Sell EVs By 2025 Updated On Mon, Jun 20th, 2022 by Saurenergy Japanese Consumer durable, Sony has signed an agreement with automobile major Honda Motor on June 16 to equally own a joint venture that will start selling electric cars in 2025. Both the companies will invest 5 billion yen ($37.52 million) each in the JV, first announced in March this year and named Sony Honda Mobility. […] Read more
Dabur to Induct 100 Electric Vehicles In Distribution Fleet Updated On Wed, Apr 20th, 2022 by Saurenergy FMCG stalwart Dabur India Ltd is targeting to accelerate efforts to decarbonize its business processes. Dabur has announced that the company is planning to induct a fleet of 100 electric vehicles in its supply chain. The EVs will be meant for last-mile distribution of products made by Dabur in the coming 12 months. Mohit Malhotra, […] Read more
MoEVing Plans to Deploy 5,000 More EVs This Year Updated On Wed, Apr 20th, 2022 by Saurenergy Gurugram based electric mobility technology platform MoEVing will be expanding its electric vehicle operations to Tier 2 cities now. MoEVing has announced that it will be deploying 5000 electric vehicles this year in Uttar Pradesh, Punjab, Gujarat, Rajasthan and Tamil Nadu. MoEVing said in its official statement that it has already deployed more than 1,000 […] Read more
Honda, GM Come Together to Roll Out Affordable EVs from 2027 Updated On Wed, Apr 6th, 2022 by Saurenergy Global auto giants Honda Motor and General Motors have announced that they will collaborate to develop affordably priced electric vehicles and enable global production of millions of EVs starting in 2027, including compact crossover vehicles by leveraging technology, design and sourcing strategies of the two companies. The idea is to find economies of scale and lower […] Read more
Adani Total Gas (AGTL) Enters EV Sector, Launches First EV Charging Station Updated On Mon, Mar 28th, 2022 by Saurenergy Adani Total Gas Ltd (AGTL) has launched its first electric vehicles’ charging station in Ahmedabad, Gujarat, and thus forayed into the infrastructure segment of electric vehicles. As per the official statement of AGTL, the EV charging station is located at the CNG station of AGTL at Maninagar in Ahmedabad. The company says that the charging station will […] Read more
Boom In LFP Battery Use On The Way, But Not Without Hurdles Updated On Tue, Feb 8th, 2022 by Saurenergy With wider adoption by some of the industry heavyweights, Lithium Iron Phosphate or LFP battery technology is set to flourish in the very near future. Its growing acceptance in the global market has strengthened the technology’s foothold in the automotive industry. Strength of LFP It’s noteworthy that the transition will be much easier because of […] Read more
Quantumscape CEO Jagdeep Singh Aims For A $2.3 Billion Payoff Updated On Mon, Jan 3rd, 2022 by Saurenergy In a deal seen as mirroring a similar deal for Tesla founder Elon Musk a couple of years back, Shareholders of QuantumScape Corp., the solid-state battery startup that went public through a blank-check deal last year, recently approved an approximately $2.3 billion (Rs 17,486 crore) pay package for its Chief Executive Officer Jagdeep Singh. The […] Read more
