France Slashes EV Subsidies By 20% For High Income Earners: Report Updated On Fri, Feb 16th, 2024 by Saurenergy The French government slashed subsidies on electric vehicles for the top 50 percent of high-income earners earlier this week. The aim behind this move by Paris is to control budget-related issues and manage expenditures for promoting electric and hybrid vehicle adoption. Therefore, the France government has reduced the subsidy by 20 percent. Under this new […] Read more
Hyundai Begins $5.5 Bn EV, Battery Plant in USA Updated On Thu, Oct 27th, 2022 by Saurenergy The South Korean auto conglomerate Hyundai Motor Co is about to break ground for the $5.54 billion electric vehicle and battery plant in the USA. Hyundai wants to have a reasonable share in the electric vehicle sales in America. Georgia Governor Brian Kemp, Senators Jon Ossoff and Raphael Warnock may attend the ceremony of the […] Read more
Magenta ChargeGrid Crosses 100 Home EV Chargers Milestone in Delhi Updated On Wed, Jun 1st, 2022 by Saurenergy Magenta ChargeGrid has successfully installed around 116 EV chargers under the Delhi government Single window scheme. The chargers have been installed in several locations of Delhi such as Munirka, Chattarpur, Jamia Nagar, Vasant Kunj, Dwarka, Rohini and more. Magenta has been empaneled by three DISCOMs of Delhi including BRPL, BYPL and TPDDL for a period of […] Read more
Odisha Government offers 15% Subsidy on Electric Vehicles Updated On Wed, Feb 2nd, 2022 by Saurenergy In what can prove to be a game changer in near future for the faster adoption of electric vehicles in the eastern state, the Odisha Government has declared that it will provide a 15 per cent subsidy on the purchase of electric vehicles. Although the subsidy comes with an upper cap for all categories, experts […] Read more
Norwegian Li-ion Battery Major Freyr Gets Govt Grant To Scale Up Updated On Thu, Mar 4th, 2021 by Saurenergy Norway’s Freyr battery (no connection to solar EPC Freyr Energy Services in India) has received a grant from Norway’s ministry of climate and environment, through Enova SF, of NOK-142-million (Rs 1300 crores) to start work on a clean battery cell production plant in Mo i Rana, Nordland county. Freyr AS has set a target of […] Read more
