PURE Enters ESS Market With The Launch Of PuREPower Updated On Tue, Mar 25th, 2025 by Saurenergy PURE, an electric mobility and clean energy company, has introduced PuREPower, an energy storage product line catering to homes, businesses, and the grid. The product range includes PuREPower Home, PuREPower Commercial, and the upcoming PuREPower Grid, aimed at addressing India’s growing energy storage needs. PuREPower Grid, set for release in 2026, is designed to support […] Read more
ADB & Shriram Finance Sign Deal To Boost EV Financing in India Updated On Tue, Mar 25th, 2025 by Saurenergy The Asian Development Bank (ADB) and Shriram Finance Limited have signed a loan agreement for $150 million to boost access to finance for micro, small, and medium-sized enterprises (MSMEs) in India. The agreement will focus on granting business loans for financing electric vehicles (EVs) and low-emission commercial vehicles for business purposes. The loan will particularly […] Read more
Folks Motor Commits ₹500cr For EVs, Aims Local Manufacturing Updated On Thu, Mar 20th, 2025 by Saurenergy Hybrid electric retrofit solutions company Folks Motor has announced a Rs 500 crore capital expenditure (CAPEX) investment over the next five years under the Production Linked Incentive (PLI) scheme. This investment is directed towards developing dedicated EV warehousing industrial parks, strengthening India’s EV supply chain, and addressing the critical challenge of achieving 50% domestic value […] Read more
Budget: Himachal Announces Interest Subsidies For Solar Projects Updated On Thu, Mar 20th, 2025 by Saurenergy The Himachal Pradesh government has now envisioned to become the first green state of India. In its latest budget presented by Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu, the CM announced several measures to bolster the growth of solar energy in the state. This included interest subsidies for solar projects up to 1 MW in […] Read more
JBM Ecolife-Wins Contract From CESL To Supply 1021 E-buses Updated On Thu, Feb 20th, 2025 by Saurenergy JBM Ecolife Mobility Private Limited, a JBM Auto subsidiary, was awarded the tender for the end-to-end execution of 1,021 Electric Buses and the development of allied electric and civil Infrastructure on Gross Cost Contracting [GCC] under the PM-eBus Sewa Scheme (Tender-II). JBM said in a regulatory filing, “The project will be supported by a Payment […] Read more
Ola Electric Claims Improvement In EV Servicing Time Updated On Wed, Feb 12th, 2025 by Saurenergy Bhavish Aggarwal-led Ola Electric has claimed that its average serving time has shrunk with time. The firm now expects to further augment its servicing quality. This comes after the company faced several backlash from its customers over higher servicing timing. In a latest investors call, the company briefed its investors about the latest development. “Our […] Read more
Simple Energy Raises Its Electric Scooter Range Upto 248 km Updated On Tue, Feb 11th, 2025 by Saurenergy Simple Energy, a clean tech startup, has announced updates to its flagship scooter, Simple ONE. The Gen 1.5 version of the Simple ONE will boast of an extended certified range of 248 kilometres in IDC, up from the 212 kilometres range of Gen 1, making it India’s longest-range electric two-wheeler, it said. Alongside the range […] Read more
India Needs 3.9 Million Charging Stations by 2030: Report Updated On Thu, Feb 6th, 2025 by Saurenergy A latest report from GameChanger Law Advisors and Speciale Invest claimed that to meet its ambitious 2030 EV adoption targets, India needs to install at least 3.9 million charging stations, making charging accessibility one of the most pressing challenges for the industry. The report titled ‘Charging Ahead II’ said that India’s electric vehicle (EV) market […] Read more
India’s EV Market Jumps To 7.4% In 2024: SBI Caps Report Updated On Mon, Jan 27th, 2025 by Saurenergy The evolution of the electric auto industry revolution is in full swing—1 in 4 vehicles sold globally in CY24 was electric, a leap from 1 in 40 just five years ago, finds SBI Caps report. The report accredited this latest growth to lower operating costs, cushioned by tax breaks and subsidies making EVs more accessible […] Read more
