Servotech Wins Order for 1500 EV Chargers from HPCL, OEMs Updated On Mon, Feb 26th, 2024 by Saurenergy Delhi-based EV Chargers manufacturer Servotech announced it has bagged an order for nearly 1500 DC fast EV chargers from Hindustan Petroleum Corporation Limited (HPCL) and other EV charger OEMs worth Rs 102 crores involving two charger variants of 60 kW and 120 kW. According to a media release by the company, orders secured by HPCL […] Read more
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
Biden Admin Awards $623 Million To Shore Up EV Charging Network In US Updated On Fri, Jan 19th, 2024 by Saurenergy Amid the push for electric vehicles, the Joe Biden administration in the United States (US) has awarded $623 million in grants to states, and local governments to help them build and expand Electric Vehicle (EV) charging networks in the country. The grants aim to clear the way for funding of 47 EV charging stations and […] Read more
In 2024, US-China Trade Tensions Likely To Cast Shadow Over EV, PV Supply Chains Updated On Fri, Jan 5th, 2024 by Saurenergy Short of an unprecedented rapprochement, the EV sector looks set to be headed into some potholes in 2024. The reason is heightening tensions between the US and China, as both countries ratchet up measures to assert control over their respective strengths. For China, it is its huge dominance of the EV supply chain, from batteries […] Read more
Reliance Announces Battery Plans With Launch of Swappable Batteries Updated On Thu, Oct 5th, 2023 by Saurenergy The REI Expo, where Reliance Industries has been marking presence gradually over the past two years with technologies it plans to introduce to the renewable sector finally saw the first formal product, in the form of swappable, multipurpose batteries for electric vehicles and home appliances from India’s largest private sector group. The batteries from Reliance, […] Read more
EVs Face A Speed Breaker As Skeptics Gather Evidence Around Key Issues Updated On Tue, Jun 6th, 2023 by Saurenergy The Delhi government recently announced Motor Vehicle Aggregator Policy, which mandates a shift to EVs for cab aggregators, besides other incentives for electric vehicles (EVs). The move has apparently caused a pause in the stock price of CNG supplier Indraprastha Gas Limited (IGL). The plan mulls phase-wise conversion of commercial cab services, running primarily on […] Read more
How EVs Are Changing The Auto Sector Updated On Tue, Apr 25th, 2023 by Saurenergy In recent years, India has made rapid progress towards the adoption of electric vehicles (EVs) in the transportation sector. The movement started when the government announced an ambitious plan to achieve 30% EV penetration by 2030. The first major step was the introduction of the Faster Adoption and Manufacturing of Electric Vehicles (FAME) Scheme in […] Read more
WRI Develops Tool For Financial Evaluation of Public Charging Stations For Electric Vehicles Updated On Thu, Apr 6th, 2023 by Saurenergy The World Resources Institute (WRI)-India, one of India’s leading clean energy think tanks, has now developed a unique tool to undertake the financial evaluation of public charging stations (PCS) meant for electric vehicles. The organization has named it ‘Financial Analysis of Charging Station (FACt).’ The international think-tank claimed there need to be more evaluation tools in India. […] Read more
Access to finance remains a significant challenge for many energy storage projects: V G Anil, ARENQ Updated On Wed, Mar 22nd, 2023 by Saurenergy Pune-based ARENQ, a manufacturer and distributor of storage batteries for all industries, is a subsidiary of Sunlit Power. The CEO of ARENQ, V G Anil, speaks to Saur Energy about the battery storage industry in India and the ambitions of the firm. What are some alternatives to li-ion batteries that the industry can […] Read more
