Indian Oil Corporation to Build Country’s First Green hydrogen Plant Updated On Thu, Jul 22nd, 2021 by Saurenergy India’s largest oil firm, Indian Oil Corporation Limited (IOC) has announced plansto build the first-ever commercial green hydrogen plant at its Mathura refinery in Uttar Pradesh. IOC has taken this step intending to maintain focus on its core refining and fuel marketing businesses while making bigger inroads into petrochemicals, hydrogen and electric mobility over the […] Read more
eBikeGo Expands 7 Times as Online Deliveries Increase During Pandemic Updated On Mon, Jul 19th, 2021 by Saurenergy E2W Firm eBikeGo shows growth during the pandemic amid rising demand for online deliveries. The two waves of the Covid-19 pandemic led to myriad business and economic uncertainties. Working through a tough time, the country’s entrepreneurs are working to steadily grow their businesses back to pre-pandemic levels or even beyond it. eBikeGo, India’s smart electric […] Read more
Hero Electric Raises Rs. 220 Crores From GII and OAKS Updated On Mon, Jul 12th, 2021 by Saurenergy Hero Electric, the market leader by sales in the electric two wheelers, has raised an investment of Rs. 220 Crore from a UAE-based financial services company Gulf Islamic Investments (GII), and an existing investor, OAKS investment partner. the funds will be deployed as Hero Electric seeks to make an impact in the crowded electric two […] Read more
Top 10 Cleantech Trends for 2021 By IHS Markit Updated On Mon, Jul 5th, 2021 by Saurenergy Asia will account for over 70 percent of total floating PV installations by 2024, says London-based information provider IHS Markit, among other cleantech trends expected this year. The whitepaper “10 Cleantech Trends in 2021” makes the following predictions vis a vis the renewables sector: 1. Renewable installations will rebound by double- digits after covid-19 impasse Annual […] Read more
Tata Motors To Bring 10 New Battery Electric Vehicles by 2025 Updated On Tue, Jun 29th, 2021 by Saurenergy Tata Motors, India’s multinational automotive manufacturing company has announced multiple plans for shifting its business model towards sustainable mobility. Its annual report for 2020-21, talks about various steps taken and to be taken, towards a sustainable future. The company has announced 10 new BEV (battery electric vehicles) by 2025. Tata’s subsidiary company, Jaguar Land Rover […] Read more
Ruchira Green Launches AKIRA Li-ion EV Batteries Updated On Tue, Jun 29th, 2021 by Saurenergy A Lithium battery storage solutions provider, Ruchira Green Earth has announced the launch of its range of eco-friendly Li-ion electric vehicle (EV) batteries under its flagship brand ‘AKIRA’. The EV batteries are available in a wide range of models in two-wheelers and three-wheeler power categories ‘AKIRA’ Li-ion EV Batteries and equipped with the ‘cutting-edge latest technology’ and […] Read more
Gujarat EV Policy 2021: EV Subsidies, 250 Charging Stations & More… Updated On Tue, Jun 22nd, 2021 by Saurenergy Recently we reported that Maharashtra has released its draft new electric vehicle (EV) Policy, and now the neighbouring state of Gujarat has followed suit with its EV Policy. The chief minister of Gujarat, Mr. Vijay Rupani through a live press conference released the Gujarat EV Policy 2021. CM Rupani stressed on the environmental betterment from […] Read more
Foxconn In Partnership With Gigasolar For EV Battery Components Updated On Thu, Jun 17th, 2021 by Saurenergy Taiwanese multinational electronics contract manufacturer, Foxconn announced a partnership with a solar cell material maker, Gigasolar Materials Corp., to develop electric vehicle (EV) battery materials. A Foxconn subsidiary has invested NT$995.2 million (New Taiwan Dollar) which is equivalent to USD 36 million, for the partnership with Gigasolar. The investment via a private placement through a […] Read more
DHI Increases Incentives for Electric Two Wheelers Under FAME II Updated On Mon, Jun 14th, 2021 by Saurenergy In a constant push towards dynamic electric vehicle (EV) adoption in the country, the Department of Heavy Industries (DHI) has brought up some partial modifications in the FAME II (Faster Adoption and Manufacturing of Electric Vehicles in India Phase II). DHI has increased the demand incentives by 50 percent for the electric two-wheeler (E2Ws). Hence, […] Read more