Tata Motors Acquires Ford’s Sanand EV Facility Updated On Fri, Jun 28th, 2024 by Saurenergy To expand its capacity for both production and sales, Tata Motors has acquired a former Ford India manufacturing site located in Sanand, Gujarat. The facility was purchased for approximately Rs 725.7 crore, with an additional Rs 1,300 crore allocated for retooling. It is currently known as the Tata Passenger Electric Mobility (TPEM) facility. Electric vehicles […] Read more
EVs Likely To Clock Around 1.3-1.5 Lakh Sales In FY25, Finds Report Updated On Wed, Jun 26th, 2024 by Saurenergy CareEdge Rating, a rating agency report on passenger vehicle (PV) sales in the automobile industry said that India is expected to experience a strong demand for new model launches. The report attributed this growth to continued growth in demand for Electric Vehicles (EVs) and SUVs coupled with a possible cut in interest rates in the […] Read more
Gender-Based Provisions Needed In State EV Policies, Says Report Updated On Mon, Jun 24th, 2024 by Saurenergy A latest report from New Delhi-based energy think tank OMI Foundation advocated for the inclusion of gender-based provisions to make jobs in the Indian electric mobility sector more inclusive. The report analysed the state policies and also the response of the electric mobility companies and brought to focus the role of women workforce in the […] Read more
Zevo Inks Deal With Zen Mobility For Last Mile Delivery Updated On Fri, May 24th, 2024 by Saurenergy Electric Vehicle supply chain firms ZEVO and Zen Mobility have inked a deal regarding improving last-mile delivery in India. The agreement is premised on automotive solutions in which Zen Mobility created the Zen Micro Pod, a unique car made specifically to maneuver through India’s clogged city streets. According to Zen Mobility, this partnership will improve […] Read more
Leapmotor Forms JV With European Auto Firm To Foray Into India Updated On Wed, May 15th, 2024 by Saurenergy Chinese auto-maker Leapmotor has announced that it has formed a joint venture with Europe-based vehicle company Stellantis as it plans to step into the Indian market. Leapmotor International BV, a Stellantis-led joint venture, will now be introducing T03 and C10 first in the European markets and expanding to India & Asia Pacific (excluding Greater China), […] Read more
Relux Electric Secures 250 Cr For EV Charging Expansion in South India Updated On Mon, May 13th, 2024 by Saurenergy Relux Electric, the EV charging infrastructure provider, has secured Rs. 250 crores of cumulative project funding from a group of private real estate and infrastructure investors exclusively to expand its network of hypercharging stations on the highways of South India. The company will utilize the fund to create 20 new hypercharging stations within the next […] Read more
Zen Mobility Opens MicroPods Making Facility In Manesar Updated On Tue, May 7th, 2024 by Saurenergy EV manufacturing company Zen Mobility has launched its manufacturing plant in Manesar, near Gurugram in Haryana. With a capacity of 50,000 units per year, the facility is dedicated to the production and assembling of the Zen Micro Pods, the company’s flagship electric vehicles tailored for urban commuters, said Zen Mobility in a statement. According to […] Read more
Log9 Rebrands Its Mobility Arm As EV Asset Management Firm Amphion Updated On Tue, Apr 23rd, 2024 by Saurenergy Battery cell technology and EV Mobility Ecosystem products developer Log9 has announced the rebranding of its mobility business as Amphion, a full-stack EV asset management company. Amphion will help address critical challenges faced by the commercial electric vehicle (EV) industry, including financing, data & analytics, charging infrastructure, and energy efficiency. Its comprehensive suite of services […] Read more
Ecofy & Vidyut To Offer Subscription-Based Battery-As-A-Service Model Updated On Tue, Apr 23rd, 2024 by Saurenergy Ecofy, a Non-Banking Financial Company (NBFC), and Vidyut, an EV ownership platform specialising in making electric three-wheeler acquisition more affordable have announced a partnership aimed at the electric vehicle market and sustainable transportation solutions. While Ecofy will finance the loan, Vidyut will offer a subscription-based battery-as-a-service model to ensure affordable EV solutions. Speaking on the […] Read more
