20% Growth In EVs Registered In June to December YoY: Minister Updated On Wed, Dec 20th, 2023 by Saurenergy Minister of State for Heavy Industries, Krishan Pal Gurjar, mention in a written reply to the parliament that ‘There has been no slowdown in the sale of electric vehicles in the country during the previous two months.’ The statement comes even as talk of removing the FAME 2 subsidy for electric vehicles in the near […] Read more
LG Chem Rides IRA Benefits to Set Up Largest Cathode Materials Plant in US Updated On Wed, Dec 20th, 2023 by Saurenergy LG Chem has commenced the construction of a cathode plant in the U.S., intending to establish a production hub for the global battery material market. The facility, located in Montgomery County, Clarksville, Tennessee, will locally produce cathode materials optimized for North American electric vehicles (EVs) and collaborate with key partners from development to supply chain. […] Read more
Hindalco Joins Hands with USA’s C4V to Develop Battery Material Updated On Wed, Dec 20th, 2023 by Saurenergy C4V, a firm specializing in Li-Ion battery technology based in the United States, has entered into a Memorandum of Understanding (MOU) with Hindalco Industries. This agreement focuses on producing and delivering aluminum foils, coated foils, and structural components specifically tailored for Li-ion cells, serving the expanding market for EV battery materials. The collaboration’s primary objective […] Read more
Pune-Based KPIT Technologies Unveils Sodium-Ion Battery Technology Updated On Mon, Dec 18th, 2023 by Saurenergy Pune-based KPIT Technologies, a partner to the automotive and mobility ecosystem, introduced its Sodium (Na)-ion battery technology. The new technology by the battery tech offers an extended lifespan with 80% capacity retention for 3000-6000 cycles and faster charging capability as compared to lithium batteries. Its builds on and compliments KPIT expertise in software development, integration […] Read more
Simple Energy Launches E2W Dot One At INR 99,999 Updated On Mon, Dec 18th, 2023 by Saurenergy Simple Energy, an electric vehicle and clean energy start-up, has announced the launch of its latest electric two-wheeler Simple Dot One. An exclusive introductory price of INR 99,999 is being offered specifically for pre-booked Simple One customers from Bangalore. This limited offer stands while inventory lasts. Meanwhile, the launch price for new customers will be […] Read more
Bangalore EV Startup Exponent Energy Rakes Up $26.4 Mn in Series B Round Updated On Fri, Dec 15th, 2023 by Saurenergy A Bangalore-based startup that delves in rapid charging of electric vehicles, Exponent Energy, has pocketed $26.4 million in a Series B round that was led by Eight Roads Ventures. It also entailed a strategic investment from TDK Ventures. Other participants in the Series B round included existing investors such as Lightspeed, YourNest VC, 3one4 Capital, […] Read more
Mumbai Gets Renewable Energy Powered Ultra-Fast Charging Station from Audi Updated On Thu, Dec 14th, 2023 by Saurenergy Audi, the German luxury car manufacturer, today inaugurated an ultra-fast charging station in Bandra Kurla Complex (BKC), Mumbai. Conceptualized and developed in collaboration with ChargeZone, the ultra-fast charger boasts a total capacity of 450kW, to deliver 360kW of power to an electric vehicle and is enabled by a 500 amps liquid-cooled gun to ensure high […] Read more
Battery Swapping Firm RACE Energy Sets Foot into Sri Lanka Market Updated On Thu, Dec 14th, 2023 by Saurenergy Hyderabad’s RACE Energy, a deep-tech electric vehicle infrastructure firm for battery swapping, has marked its entry into international markets by stepping foot into the Sri Lankan market. RACE Energy has joined hands with Lanka E-Mobility Solutions (LeMS) towards piloting its battery swapping technology. This announcement comes under the ‘e-wheel’ brand for electric three-wheelers in Colombo. […] Read more
Honeywell to Supply BESS of 124 MWh to US Virgin Islands Updated On Wed, Dec 13th, 2023 by Saurenergy Honeywell will supply VIElectron, its first installation of battery energy storage solutions (BESS) for six solar parks located across the US Virgin Islands. The BESS, which is for a capacity of 124 MWh, will boast an end-to-end battery management system (BMS). The solar array of 140 MWDC and BESS will help the islands meet 30% […] Read more
