Glencore Agrees with GM to Supply Cobalt for Electric Vehicles Updated On Thu, Apr 14th, 2022 by Saurenergy In the middle of a global rush for minerals required for the rising electric vehicle ecosystem, American automaker General Motors Company (GM) has announced that it will purchase cobalt from Australian miner Glencore from its Murrin operations. The size of the deal remains undisclosed by the two players. Cobalt makes up just 0.001% of earth’s […] Read more
Fisker Inc Opens India HQ in Hyderabad Updated On Thu, Apr 14th, 2022 by Saurenergy California based electric vehicle company Fisker Inc has announced to have set up its India headquarters in Hyderabad, Telangana. The operating entity in India will be called Fisker Vigyan India Pvt Ltd. and the company has said in its official statement that it will focus on software and virtual vehicle development support functions. The New […] Read more
BPCL will invest Rs 200 crore on fast EV charging corridors Updated On Thu, Apr 14th, 2022 by Saurenergy Bharat Petroleum (BPCL) has announced that it will invest Rs 200 crore to ramp up electric vehicle (EV) charging infrastructure in India. This was confirmed by BPCL Executive Director for Retail, BS Ravi, who said that BPCL will set up 100 fast electric vehicle charging corridors having 2,000 stations along the busiest 100 national highways […] Read more
Honda to Roll Out 30 EV Models; Invest $64 Billion in Electrification Updated On Wed, Apr 13th, 2022 by Saurenergy Honda Motor Co, one of the leading automakers of Japan, has announced that it will spend 8 Trillion Yen ($64 billion) on research and development over the next 10 years to accelerate the electrification of its vehicles. Honda has set an ambitious goal to launch 30 electric vehicle models across the globe by 2030. The […] Read more
Hero Electric, ElectricPe Collaborate to Strengthen EV Charging Network Updated On Wed, Apr 13th, 2022 by Saurenergy India’s leading electric two-wheeler seller Hero Electric has announced that the company has entered into a partnership with electric vehicle charging platform ElectricPe to strengthen the charging network and propel EV adoption across India. As per the official statement, Hero Electric EV customers will be able to access the charging network of ElectricPe which has […] Read more
CRISIL Says Electric Vehicles Present Rs 3 lakh crore Opportunity for India by 2026 Updated On Wed, Apr 13th, 2022 by Saurenergy Ratings and research company CRISIL has come out with an analysis that the electric vehicles (EVs) present an opportunity of about Rs 3 lakh crore for various stakeholders in India in the five years through fiscal 2026. CRISIL says that the original equipment manufacturers (OEMs) and component manufacturers will have potential revenue of about Rs […] Read more
EKA, Log9 Materials in MOU For Fast Charging Solutions Updated On Tue, Apr 12th, 2022 by Saurenergy EKA, an electric vehicles & technology company, and a subsidiary of Pinnacle Industries Limited, has announced entering into a long-term strategic collaboration, initiated through a Memorandum of Understanding (MOU), with Bengaluru-headquartered advanced battery technology startup Log9 Materials. The partnership is mainly aimed to provide Log9’s fast-charging advanced battery solution RapidX for EKA’s new energy vehicles, including their recently-launched pure electric […] Read more
Hero Lectro Launches Brand-Owned E-comm Website Updated On Tue, Apr 12th, 2022 by Saurenergy In a move towards augmenting its overall brand experience, Hero Lectro, the E-Cycles brand of Hero Cycles Ltd. has announced the launch of its new website to promote D2C sales and strengthen its overall omni-channel presence. With access to Hero Lectro’s complete range of e-cycles and cargo e-bikes, the platform will enable visitors and buyers […] Read more
Tata Motors Ramping Up EV Production To Ride Rising Demand Updated On Tue, Apr 12th, 2022 by Saurenergy Indian automaker Tata Motors will ramp up its electric vehicles production as the supplies are not able to meet the skyrocketing demand and there is a huge backlog of bookings by the customers. At present, Tata Motors have Nexon EV, Tigor EV and XPRES-T electric vehicles for the Indian market and a coupe style SUV model […] Read more
