What an Adani-CATL Battery Alliance Could Mean for India Updated On Fri, Jun 13th, 2025 by Saurenergy India’s battery energy storage market is on the cusp of explosive growth, and any high-profile meet-up at such a point suggests big moves may be afoot. Gautam Adani, the chairman of the Adani Group and one of India’s most ambitious infrastructure tycoons, has recently toured CATL headquarters, the global manufacturing plant, and reportedly held some […] Read more
Govt Approves Scheme For Domestic Manufacturing Of EVs Updated On Mon, Jun 2nd, 2025 by Saurenergy The Union government has approved a scheme to promote the domestic manufacturing of passenger cars, with a special focus on electric vehicles (EVs), the government said Friday. The Ministry of Heavy Industries (MHI) issued a notification for the “Scheme to Promote Manufacturing of Electric Passenger Cars in India” (SPMEPCI) on March 15. The initiative aims […] Read more
EV Push Powers E-3W Growth, E-2W Adoption Stagnates at 4%: IEEFA Updated On Wed, May 28th, 2025 by Saurenergy India’s electric mobility journey revealed a nuanced landscape where policy effectiveness varies across vehicle segments and market maturity stages, according to an IEEFA report. Its report, “From Incentives to Adoption: A Decadal Review of India’s EV Subsidy Effectiveness” found the electric three-wheeler (E3WC) segment growth demonstrates how well-designed state policies can effectively complement central initiatives, […] Read more
Maharashtra Draft EV Policy Targets Rollout in Six Urban Hubs Updated On Tue, May 27th, 2025 by Saurenergy Maharashtra has unveiled a draft Electric Vehicle (EV) policy aimed at accelerating adoption across all vehicle segments through targeted incentives, infrastructure expansion, and support for local EV manufacturing. The policy seeks to foster innovation and skill development while promoting battery recycling and reuse to support a circular economy. The draft policy outlines, an ‘Operational Guidelines […] Read more
Auto Component Makers Bet Rs 22000 Cr On EV Capabilities Crisil Updated On Mon, May 26th, 2025 by Saurenergy India’s automotive component industry is expected to maintain a stable credit outlook this fiscal, supported by strong cash flows and limited debt, despite a continued capex of around Rs 22,000 crore to scale up electric vehicle (EV) capabilities, according to a Crisil Ratings analysis. The sector is projected to record 7–9% revenue growth, mirroring last […] Read more
Global EV Market On Track To Top 40% By 2030: IEA Updated On Wed, May 21st, 2025 by Saurenergy The global market for electric vehicles is on course to exceed 40 percent of all car sales by 2030, despite economic uncertainties, the International Energy Agency (IEA) said in a report released Tuesday. EVs are becoming increasingly affordable in more markets, the IEA noted in its annual Global EV Outlook. China remained the dominant force, […] Read more
OPG Mobility Eyes Localizing EV Manufacturing: Anshul Gupta Updated On Tue, May 20th, 2025 by Saurenergy You’re present across various verticals—battery recycling, battery technology, EVs, and more. What’s your core focus today? The primary focus of OPG Mobility is boosting electric mobility, especially in the two-wheeler and three-wheeler segments. We’re involved in everything from batteries and EV charging stations to powertrains and even the plastic and mechanical parts that go into […] Read more
Folks Motor Raises ₹100cr To Boost EV Manufacturing Updated On Mon, May 19th, 2025 by Saurenergy Indian automotive firm Folks Motor has secured ₹100 crore in the first close of its ₹500 crore electric vehicle (EV)-focused investment fund, aimed at bolstering domestic EV manufacturing and infrastructure. The fund, dubbed Folks Funds, is structured as an Alternative Investment Fund (AIF) Category II and targets full closure by the end of 2025. It […] Read more
What Not to Do With India’s Zero Emission Trucking Ecosystem Updated On Mon, May 5th, 2025 by Saurenergy By Jaideep Saraswat & Nikhil Mall India has demonstrated remarkable leadership on climate action, maintaining its momentum despite significant geopolitical headwinds. From solar energy to electric mobility, the country continues to make meaningful strides across clean energy technologies. Among large economies, India stands out as a serious contender in meeting both its near-term and long-term […] Read more