Siemens to Provide Sustainable and Innovative E-Mobility Solutions in India Updated On Mon, Apr 12th, 2021 by Saurenergy Siemens has signed a Memorandum of Understanding with Switch Mobility Automotive to execute E-Mobility projects in India. Siemens Limited has announced that it has signed a Memorandum of Understanding (MOU) with Switch Mobility Automotive Limited to jointly address the need of electric commercial vehicle customers and execute E-Mobility Projects in India. As per the two […] Read more
Xiaomi to Enter EV Industry, to Invest $10 Billion Over 10 Years Updated On Thu, Apr 1st, 2021 by Saurenergy Xiaomi Corporation has officially announced its plan to enter into the electric vehicle (EV) industry. The company has announced an investment of USD 10 billion in smart EVs over 10 years, escorting in the new Xiaomi. According to the Founder, Chairman, and CEO of Xiaomi, Lei Jun, the new business will be operated under a […] Read more
Rapido To Launch ‘Rapido EV’ E-bike Taxi Services, Partners with Zypp Electric Updated On Thu, Mar 25th, 2021 by Saurenergy Rapido, one of India’s first and fastest-growing Bike taxi apps has announced that it is going to launch an electric bike (e-bike) taxi service, under a partnership with Zypp Electric, a last-mile delivery provider. The new E-taxi will be called ‘Rapido EV’, which will be starting from March 2021 in Delhi and the National Capital […] Read more
Mainstream OEMs Ready to Enter in Electric Two Wheelers Territory: Report Updated On Tue, Mar 23rd, 2021 by Saurenergy According to a report from brokerage firm Motilal Oswal Financial Services, the competitive landscapes of the scooter segment could get changed by the entry of mainstream Original Equipment Manufacturers (OEMs) in the e-scooter territory that may disrupt the electric two-wheelers E2Ws market. The report stated, “It is believed that E2Ws are ready for disruption, particularly […] Read more
BLive Raises $1 Million Investment in Pre-Series A Round From Four Investors Updated On Thu, Mar 18th, 2021 by Saurenergy A Goa-based travel tech platform that offers electric bikes for immersive experiential tours, BLive has announced that it has raised an investment of USD 1 million as part of the follow-on capital of the Pre-Series A round. The EV tourism initiative BLive has informed that the funding was a combination of debt and equity was […] Read more
Euler Motors Closes its ‘Series A’ Investment Round at $9.5 million Updated On Thu, Mar 18th, 2021 by Saurenergy Delhi-based electric last-mile logistic solutions provider, Euler Motors has announced that it has closed its Series A funding round at USD 9.5 million, with additional investments of USD 2.6 million from ADB Ventures and Blume Ventures. The investments were made by the ADB Ventures Equity Fund, which is ADB Ventures’ first investment fund in any […] Read more
Hero Electric Delivers 50,000 Units in 2020, Tops the Segment Updated On Thu, Mar 18th, 2021 by Saurenergy A pioneer and market leader in the Indian Electric Two-Wheeler industry, Hero Electric announced that it has sold over 50,000 electric two-wheelers in 2020 consequently retaining the top slot in the segment. According to PTI, the company also announced that its sales network has crossed the 600 touchpoint mark covering 500 towns and cities across […] Read more
Delhi Government Delists Tata Nexon EV From Subsidy List Updated On Wed, Mar 3rd, 2021 by Saurenergy An unexpected move by the Delhi government could set off similar moves in other states, or alternatively, show up the government’s move as a hurried one, taken without due consideration. Tata Motors’ popular Nexon EV, which has been having a very good run in recent months, has got a rude shock from the Delhi government […] Read more
Karnataka Floats Tender For 50 Electric Buses Under FAME II Scheme Updated On Mon, Mar 1st, 2021 by Saurenergy The North Western Karnataka Road Transport Corporation (NWKRTC) has issued the request for proposals (RFP) for procurement, operation, and maintenance of 50 electric buses on the Gross Cost Contract (GCC) model under FAME-II scheme. Interested bidders can submit their bids online by March 9, 2021, and bids in hard copies should be submitted by March […] Read more
