Revfin Raises $10 Mn from Green Frontier Capital to Expand EV Financing Updated On Thu, Oct 20th, 2022 by Saurenergy Revfin, a Delhi-based EV finance platform for individual drivers, announced that its Series A round of fundraising, totaling $ 10 million in stock and debt, has been closed. In addition to participation from current investors, the funding round was led by Green Frontier Capital (GFC), India’s first-ever venture capital fund that specialises in climate investments […] Read more
USA’s Triton Electric Vehicle Issues Rs 8060 Cr LoI to Bharat Electronics for Battery Packs Updated On Thu, Oct 20th, 2022 by Saurenergy Navratna Defence PSU Bharat Electronics Limited (BEL) has received a Letter of Intent (LoI) from USA-based and a subsidiary of Triton Electric Vehicle LLC electric vehicle company Triton Electric Vehicle India (TEV) for the purchase of 300 KW Li-Ion Battery Packs for its semi-truck project in India at an estimated cost of Rs. 8060 Crores. […] Read more
MG Motor Upskills 10,000 Chauffeurs Through Saarthi Program Updated On Thu, Oct 20th, 2022 by Saurenergy 10,000 professionals have been trained by MG Motor India under the Saarthi initiative, reaching a significant milestone. The goal of the program, which was launched in 2021, is to keep MG customers’ drivers current with the newest innovations available in MG vehicles (connected, autonomous, shared, and electric). Ganesh Prasad Saha, Deputy Commissioner of Police (Traffic), […] Read more
Rising EV: The State Of EV Sector In India Updated On Wed, Oct 19th, 2022 by Saurenergy India is riding fast toward its goal of carbon neutrality by the year 2070. Naturally, the transportation sector, one of the biggest polluters, has to be brought under green cover if the nation wants to reduce the emissions intensity of its GDP by 45 per cent by 2030 – a medium-term goal. The electric vehicle […] Read more
UAE Gets its First Solar-Powered Car Updated On Wed, Oct 19th, 2022 by Saurenergy Before being on sale formally next year, the world’s first solar car that is ready for production has landed in the United Arab Emirates (UAE). The Lightyear 0 will run on solar energy, and its creators claim that driving it for months at a time without recharging is possible. The Sharjah Research, Technology, and Innovation […] Read more
Bangalore’s EV Manufacturer Altigreen Enters Maharashtra Updated On Wed, Oct 19th, 2022 by Saurenergy Altigreen, the Bangalore-based manufacturer of three-wheeler electric vehicles, just opened its first-ever retail experience center in Mumbai. According to the company, this is the sixth retail dealership they have opened in India this month. Altigreen made the decision to partner with Jubilant Motorworks for this project. Jubilant Motorworks, which has locations in the states of […] Read more
US Army Opts for Lead Batteries, US Firms to Develop Storage Updated On Wed, Oct 19th, 2022 by Saurenergy The US Army has chosen advanced lead battery energy storage systems to enhance its operational effectiveness in disaster zones and combat. A project led by Paragon Solutions and the Consortium for Battery Innovation (CBI) is providing a new set of systems that can provide power for critical military operations anywhere in the world. Paragon, an […] Read more
Okaya EV Launches Two New E-Scooters Updated On Wed, Oct 19th, 2022 by Saurenergy Okaya EV, a well-known electric car manufacturer in India, recently announced the release of two new e-scooters of Faast models. According to the firm, this is India’s largest selection of e-scooters. As consumers flocked to take delivery of new automobiles at the start of the holiday season, the new variations known as Faast F2B and […] Read more
UP Govt Announces Range of Incentives for EVs and Batteries Manufacturing Updated On Tue, Oct 18th, 2022 by Saurenergy Uttar Pradesh doesn’t just want to be a consumption state anymore, but a producer also, especially when it comes to industry. The state government, in an announcement on a range of incentives to encourage EV and battery manufacturers to consider the state for plants, has announced that the first two integrated EV and ultra-mega battery […] Read more