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
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
Kazam Partners With Yuma To Add Battery Swapping Model Updated On Wed, Apr 9th, 2025 by Saurenergy Indian EV charging solutions provider Kazam has partnered with Yuma Energy, a joint venture between Magna International and Yulu Bikes, to integrate battery-swapping infrastructure into Kazam’s Park & Charge (P&C) hubs across India. The initiative is aimed at improving convenience and operational efficiency for commercial electric vehicle users. Nationwide rollout begins in Bengaluru The collaboration, […] 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
Lectrix EV Partner With Bike Bazaar To Boost E-Mobiity Updated On Tue, Mar 11th, 2025 by Saurenergy Lectrix EV, the e-mobility arm of SAR Group, has announced a partnership with Bike Bazaar, a company involved in financing and renting electric two-wheelers, to drive large-scale EV adoption in the last-mile logistics segment. As part of this collaboration, Bike Bazaar will expand its fleet with 1000 new Lectrix electric two-wheelers, including high-range vehicles with […] 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
