TVS Motor Acquires 75% Stake In Largest Swiss EV Company Updated On Mon, Jan 31st, 2022 by Saurenergy TVS Motor Company has acquired a 75% stake in the Swiss E-Mobility Group (SEMG), a provider of e-mobility solutions within the DACH region that operates the largest pure-play e-bike retail chain M-way in Switzerland with close to USD 100M in revenue. The $100 million all-cash deal has been made through TVS Motor’s Singapore Subsidiary, TVS […] Read more
Bescom to Set Up 63 More EV Charging Stations Under PPP Mode Updated On Mon, Jan 31st, 2022 by Saurenergy In a relief to electric vehicle owners, Bangalore Electricity Supply Company Ltd decided to set up 63 charging stations under public-private partnership model, according to recent media reports. Saying they have set up 136 EV charging stations — 106 AC and 30 DC chargers — in Bengaluru, in line with EV and energy storage policy, […] Read more
Niti Aayog Asks Railways to Create EV Infra at Stations Updated On Mon, Jan 31st, 2022 by Saurenergy Niti Aayog has suggested that railways should designate at least 20% of the parking capacity at railway stations or office complex for setting up electric vehicle charging bays or battery charging and swapping stations, and also install at least one EV charging point at each targeted manned level crossing and railway colony. The proposals are […] Read more
All About Metal-Air Batteries Updated On Mon, Jan 31st, 2022 by Saurenergy Metal-air batteries are an attractive technology. They are safer and have a higher energy density than other types of batteries. The application of air as a cathode helps in lowering the cost and the weight considerably. The utilization of cheap metals as an anode further assists in lowering the cost. A metal-air battery functions in […] Read more
Log9, SpareIt In Partnership To Launch Battery Replacement and Retrofitment Model Updated On Sat, Jan 29th, 2022 by Saurenergy Log9 materials and Spareit have come together to tackle what they describe as the biggest concern in the EV ecosystem. The battery is always the heart of any electric vehicle; given that EV range, charging time, and other critical characteristics are all closely tied to the battery’s health. Due to factors experienced such as constant […] Read more
Fluence Commissions 20 MWh BESS In Philippines Updated On Thu, Jan 27th, 2022 by Saurenergy US storage major Fluence has started commercial operations at the first project of its storage projects totaling 470 MW/470 MWh for power firm SMC Global Power Holdings (SMCGPH) in the Philippines. The battery will provide ancillary services to the power grid. Located in Kabankalan in the Philippines’ Negros Occidental region, the Battery Energy Storage System […] Read more
Post IPO, LG Energy Makes Splashy Debut On Exchange, Stock Doubles Updated On Thu, Jan 27th, 2022 by Saurenergy LG Energy Solution, whose IPO we had covered last week, has had a rocking start to its journey as a listed firm, with the stock doubling on its first day of trading on the Korean stock exchange. Seen in the context of weak global markets and the fears of a correction, the listing gains are […] Read more
EV Push Continues To Gather Pace With NITI Aayog Shoonya Campaign Updated On Thu, Jan 27th, 2022 by Saurenergy India’s foremost planning body the NITI Aayog, has added over 70 corporate partners from e-commerce, ride-hailing, logistics and manufacturing ecosystems for its Shoonya campaign. A NITI Aayog, RMI and RMI India initiative to promote zero-pollution mobility across the nation, the campaign aims to promote the use of electric vehicles (EVs) for deliveries and rides through […] Read more
ABC’s Advanced Lead Acid Batteries Find a Taker In Greencore EV Stations Updated On Tue, Jan 25th, 2022 by Saurenergy Advanced Battery Concepts, LLC (“ABC”) and GreenCore EV Services LLC (“GreenCore”) have announced the signing of an Memorandum of Understanding (MOU) whereby ABC will begin supplying its patented GreenSeal® storage batteries to thousands of Solar Electric Vehicle (EV) Charging Plazas being installed by GreenCore across the United States. Under this arrangement, ABC will manufacture and […] Read more