Bengaluru-Based Log 9 Materials Raises $3.5 mn in Series A Round Updated On Thu, Oct 31st, 2019 by Saurenergy Log 9 Materials has secured USD 3.5 million in Series A funding, led by Sequoia India and Exfinity Venture Partners. Bengaluru-based startup Log 9 Materials has announced that it has secured USD 3.5 million in funding as a part of its Series A round, led by Sequoia India’s scale up programme Surge and Exfinity Venture […] Read more
ABB Acquires Chinese EV Charging Provider Chargedot Updated On Tue, Oct 29th, 2019 by Saurenergy ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology, a leading Chinese e-mobility solution provider. ABB is to acquire a majority stake of 67 percent in Shanghai Chargedot New Energy Technology Co., Ltd. (Chargedot), a leading Chinese e-mobility solution provider. The transaction is expected to be completed in […] Read more
Vattenfall, Honda to Develop Climate Smart EV Charging Solution Updated On Mon, Oct 28th, 2019 by Saurenergy Vattenfall and Honda will introduce convenient home EV charging solutions and flexible energy contracts specifically tailored for EV owners in Europe. Vattenfall and Honda have announced the signing of a Letter of Intent to introduce convenient home charging solutions and flexible energy contracts specifically tailored for electric vehicle (EV) owners in Europe. This service will […] Read more
DTC Tenders for Procurement of 300 Electric Buses Updated On Mon, Oct 28th, 2019 by Saurenergy DTC has tendered for the selection of bus operators for the procurement and operation of 300 electric buses under the FAME-II Scheme. The Delhi Transport Corporation (DTC) has floated a tender, inviting bids from eligible bidders for the selection of bus operators for the procurement and operation of 300 air-conditioned electric buses on PPP (BOOT) […] Read more
IIT Patna Tenders for Electric Cycles on Campus Updated On Fri, Oct 25th, 2019 by Saurenergy IIT Patna has issued an Expression of Interest (EoI) for procuring electric battery power cycles on use and pay basis on the campus. The Indian Institute of Technology (IIT) Patna has issued an Expression of Interest (EoI) for procuring electric battery power cycles on use and pay basis on the campus. The scope of work […] Read more
Indigenisation of EV Manufacturing Could be Worth $2.7 bn for India: CEEW Updated On Thu, Oct 24th, 2019 by Saurenergy Indigenisation of electric powertrain components and battery pack assembly could produce a value addition USD 2.7 billion for the auto industry in India, in case of an EV transition Indigenisation of electric powertrain components and battery pack assembly could produce a 5.7 percent higher output value addition worth USD 2.7 billion for the auto industry […] Read more
Renewables to Grow by Nearly 1200 GW in Next 5-Years: IEA Updated On Mon, Oct 21st, 2019 by Saurenergy A new report has predicted that the world’s total renewables-based power capacity will grow by 50 percent or 1200 GW between 2019 and 2024. A new report has forecasted that the world’s total renewables-based power capacity will grow by 50 percent between 2019 and 2024, and this increase of 1200 gigawatts (GW), which is equivalent […] Read more
Spain’s Ingeteam Secures R&D Loan from EIB Updated On Fri, Oct 18th, 2019 by Saurenergy EIB will finance Ingeteam’s innovative activities by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The European Investment Bank (EIB) will finance the innovative activities at Ingeteam by providing a EUR 70 million Innovation Loan under the Investment Plan for Europe. The goal of the agreement is to support Ingeteam’s research, development […] Read more
MG Motor Partners With eChargeBays for EV Charging Infrastructure Updated On Fri, Oct 18th, 2019 by Saurenergy MG Motor India has announced its partnership with eChargeBays to assist its customers with setting up infrastructure at their home for charging their EV MG Motor India has announced its partnership with eChargeBays, a Delhi-based start-up, to assist its customers with last-mile assistance in setting up infrastructure at their home for charging their electric […] Read more