Motovolt Mobility Raises Rs 160 Mn Pre-Series Funding Led by Wami Capital & Others Updated On Thu, Nov 24th, 2022 by Saurenergy The Kolkata-based e-mobility company, Motovolt Mobility recently announced that it has raised INR 160 Mn in pre-series A round. PPAP Automotive, Vikrampati Singhania of JK Family, Ankur Agarwal of Crystal Crop, Wami Capital, a single family office based in Dubai, and other family offices participated in this round as strategic investors. The founder of the […] Read more
Ather Energy Inaugurates Second Manufacturing Unit in Tamil Nadu Updated On Thu, Nov 24th, 2022 by Saurenergy Bengaluru-headquartered electric scooter manufacturer, Ather Energy recently opened a second manufacturing plant in Hosur, Tamil Nadu. To better meet the rising demand for its flagship scooters, the Ather 450X and 450 Plus, the brand will be able to increase its production capacity to 420,000 units annually with the aid of the 300,000-square-foot facility. The 300,000-square-foot […] Read more
Tesla Constructs Europe’s Biggest Battery Next to Dogger Bank Offshore Wind Project Updated On Thu, Nov 24th, 2022 by Saurenergy A Tesla battery developer has claimed to be the largest battery deployed in Europe so far by storage capacity. The battery has been turned on in northeast England, close to the grid connection point for the sizable Dogger Bank offshore wind farm- a joint venture between SSE Renewables, Equinor (40%) and Vårgrønn. The industry leader […] Read more
Hyperion Unveils Mobile Station For Hydrogen & Electric Vehicles Updated On Wed, Nov 23rd, 2022 by Saurenergy Hydrogen technology conglomerate Hyperion Motors has announced the launch of its Hyper:Fuel Mobile Stations that are capable of refueling both hydrogen fuel cell electric vehicles (FCEVs) and battery electric vehicles (BEVs). The official statement of Hyperion held that the mobilized refueling station will be available across the USA, and can be easily deployed and redeployed when driving […] Read more
eBikeGo’s Arm Vajram Electric Raises $1.5 Mn in Seed Funding Round Updated On Wed, Nov 23rd, 2022 by Saurenergy Mumbai-based OEM service provider and also a wholly owned subsidiary of eBikeGo company, Vajram Electric, recently raised $1.5 mn in seed funding round that was led by High Networth Individuals, such as Nikul Gala and family and included other well-known HNIs, including Anil Basa, Cyprian D’mello, and others. Vajram Electric is looking to create a […] Read more
How E-Vehicles Are Contributing Towards Sustainable Development Updated On Tue, Nov 22nd, 2022 by Saurenergy By MS Chugh, Founder and Chairman, Aponyx EV With the rapid growth of environmental pollution and climate change, the need for innovative solutions and technologies has increased in several industries, including the automobile industry, since one of the primary sources of air pollution in cities is vehicle exhaust. The most significant advantage of electric vehicles […] Read more
E-Scooter Brand iVOOMi Introduces S1 Variants with Increased Range Updated On Tue, Nov 22nd, 2022 by Saurenergy India’s electric scooter manufacturer, iVOOMi Energy has expanded its portfolio with new variants of model S1, termed S1 80, S1 200, and S1 240. The new range of electric scooters all set to debut at the market have been upgraded as per the needs of Indian consumer. Price The new e-scooters begin with the price […] Read more
India’s Steel Strip Wheels & Israel’s Redler Technologies Launch EV Joint Venture Updated On Tue, Nov 22nd, 2022 by Saurenergy Chandigarh’s automotive components manufacturer, Steel Strip Wheels Ltd announced a joint venture with Redler Technologies of Israel for the research, production, and Indian market sales of motion controllers for electric vehicles. These two enterprises have collaborated on EV controllers for two-, three-, and four-wheelers and have signed a memorandum of understanding to that effect, according […] Read more
HDFC Bank to Make Significant Investments in EV Loans Updated On Tue, Nov 22nd, 2022 by Saurenergy Despite certain setbacks on the level of the auto industry, HDFC Bank is seeking to triple its financing for electric vehicle (EV) purchases in the next three years. This is due to an early assessment that lending is proving to be profitable. The banking institution aims to triple the ebook dimension by 2025 after initially […] Read more
