China-Based Gotion to Foray into Japanese Market Following Agreement with Edison Power Updated On Mon, Mar 20th, 2023 by Saurenergy China-based manufacturer of lithium-ion power batteries Gotion High-tech has joined hands with Edison Power Co., a renewable energy and energy storage developer, for the development of large storage battery and recycling market in Japan. This partnership will also mark the entry of Gotion into Japan. Gotion High-tech will be responsible for the supply of cells, […] Read more
Exicom to Supply 5L Battery Management Systems to Hero Electric Updated On Wed, Jan 4th, 2023 by Saurenergy An agreement has been inked between Exicom and Hero Electric under which the former will sell its battery management system (BMS) to the latter. Exicom is a manufacturer of electric vehicle charger and lithium-ion battery while Hero Electric is a leading EV maker in India. As per the terms of the agreement, Hero Electric is […] Read more
Growatt Has New Advanced Battery For Global Energy Storage Applications Updated On Wed, Dec 21st, 2022 by Saurenergy Global distributed energy solution provider, Growatt has announced the release of one-fits-all APX HV Battery which it claims to be a leading innovation in performance, operation, protection and installation. Integrated with the soft-switching parallel connection technology, the new battery solution contributes more energy by eliminating the effect of the energy mismatch between packs. Growatt held […] Read more
Battery Storage Player Element Energy Secures $28 Mn Fresh Financing Updated On Thu, Dec 15th, 2022 by Saurenergy California – based battery management technology company Element Energy has announced the first close of $28 million in Series B financing. The round has been co-led by one of the largest clean energy generation companies and Cohort Ventures- a technology-based capital venture firm. Element Energy said that the round also included additional investment from existing […] Read more
CSI Energy Storage Launches Energy Storage Battery Solution for Utility Applications Updated On Thu, Sep 15th, 2022 by Saurenergy Canadian Solar has announced that CSI Energy Storage, which is part of its majority-owned subsidiary CSI Solar Co. Ltd., will launch SolBank- a proprietary-designed and manufactured energy storage battery solution for utility-scale applications. Canadian Solar held that CSI Energy Storage will also expand its battery manufacturing capacity from the existing 2.5 GWh to 10 GWh […] Read more
Kinetic Engineering To Establish a $250 Million Electric Vehicle Subsidiary Updated On Thu, Aug 18th, 2022 by Saurenergy Kinetic Engineering (KEL), the Kinetic Group’s flagship company, has announced the formation of a subsidiary company focused on the electric vehicle (EV) segment. The subsidiary will have an authorized capital of up to $250 million, and the company will own more than 51% of it. KEL would use its strong technical knowledge and vast manufacturing […] Read more
Panel Blames Faulty, Scrambled Battery For Spate Of EV Fires Updated On Thu, Jun 30th, 2022 by Saurenergy The batteries fitted into electric two-wheelers catching fire were faultily designed and lacked even the basic safety mechanisms. The expert panel formed by the government to investigate the accidents has called upon the manufacturers for corrective mechanisms or face legal action otherwise. According to a member of the panel, the battery management system seriously compromised […] Read more
Endurance Technologies Enters BMS Segment With Maxwell Energy Acquisition Updated On Thu, Jun 9th, 2022 by Saurenergy Indian auto-component maker Endurance Technologies has now entered into the new avenue of the electric vehicle centric product lines. This has come with the key acquisition of Battery Management System (BMS) unit of Mumbai based company Maxwell Energy Systems. The deal between the two companies entails that Endurance Technologies shall buy a 51 per cent […] Read more
Locally Manufactured Batteries Can Prevent EV Fires Updated On Mon, May 16th, 2022 by Saurenergy Indian industry is betting on locally manufactured battery cells to control the design and prevent the untoward incidents like recent spate of electric two-wheeler batteries causing vehicle fires. Suzuki, Toshiba and Denso have already announced a lithium-ion battery plant at their joint venture unit in Gujarat. Tata Group is drawing up plans to launch a […] Read more
