Aptera raises $40 million for solar electric vehicle production Updated On Mon, Jun 13th, 2022 by Saurenergy San Diego-based Solar Electric Vehicle (SEV) start-up – Aptera – has announced that it has got a fresh funding of $40 million which Aptera will look to employ the money as capital for the production of its solar electric vehicle in the later part of 2022. The official statement of Atera held, “During this historic […] Read more
BILITI Electric Gets Financing Approval from SIDBI for its GMW Taskman Autos Updated On Mon, Jun 13th, 2022 by Saurenergy California-based BILITI Electric Inc announced that the Small Industries Development Bank of India (SIDBI) has approved loans to those who are interested in purchasing GMW Taskman Electric 3W Autos, through its ‘Digital Prayaas’ program. ‘Digital Prayaas’ is an App-based end-to-end digital lending platform to facilitate access to low-cost borrowings for micro-entrepreneurs/micro-enterprises. Further, to cater to […] Read more
Extending The Net Metering Policy To Energy Storage Devices Will Grow The Market Updated On Mon, Jun 13th, 2022 by Saurenergy Sheru, an energy storage startup supports storing energy in the cloud and solves the lack of storage problems by aggregating idle battery capacity to create a virtual energy storage platform. Sheru was started by three friends, Ankit Mittal, Shikhar Sharma, and Nakul Mehan, engineering graduates from BITS Pilani. Having helped build robotics solutions in India’s first deep […] Read more
Electric Vehicle Registration Rates Double in Singapore Updated On Mon, Jun 13th, 2022 by Saurenergy Singapore is striving to end the vehicular emissions in the country and mitigate the climate change challenges. The recent data of electric vehicle registrations of the country reveal that in the first five months of 2022, the country has sold double the number of electric vehicles sold in the entire 2021. Transport Minister of Singapore, […] 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
2 Wheeler EV’s Continue Downhill Drive In May, Sales Drop Another 20% Updated On Wed, Jun 8th, 2022 by Saurenergy Electric 2 Wheeler sales, hit by fire incidents in April that have continued to grab headlines in May too, bore the brunt of buyer anxiety with sales dropping a further 20% in May. It seems the buyer now has something more stressful than range anxiety to worry about. Vehicle registration portal, VAHAN portal’s registration data […] Read more
Omega Seiki Plans To Lease 5,000 EVs By 2023 Updated On Mon, Jun 6th, 2022 by Saurenergy Delhi-based end-to-end mobility solutions provider, Omega Seiki has formed a strategic partnership with Grip Invest for lease financing to retail investors. With this partnership, Both companies will try to make the electric vehicle’s delivery more smooth & easy in the last mile delivery segment. Commenting on the partnership, EV manufacturer OSM said that Gripp Invest […] Read more
We Should Soon Witness Large Solar+Storage Offgrid Setups In India. Updated On Fri, Jun 3rd, 2022 by Saurenergy The electric mobility space has been a hotbed for startups, who saw the opportunity in the green transition. It helped that the transition is calling for a virtual reinvention of multiple aspects of the way mobility was done, right from vehicles, to vehicle batteries, to charging and more. One such startup in the news has […] Read more
Zinc–air Battery Technology By IIT Madras Hopes to Challenge Lithium-Ion ones Updated On Fri, Jun 3rd, 2022 by Saurenergy Researchers at IIT Madras are in the process of developing a new kind of zinc – air battery technology for electric vehicles that can prove to be a strong alternative to lithium-ion ones. A key feature of the zinc – air battery is that it could be charged mechanically. However, actual details of the technology […] Read more
