The market’s evolution should not solely rely on subsidies: Manish Chugh, Co-founder & Director of Aponyx Electric Vehicles Updated On Thu, Aug 3rd, 2023 by Saurenergy Aponyx, an electric vehicle manufacturer, was founded in 2017 at IME Manesar, Gurugram, Haryana. The founders focused on embracing the opportunity to demonstrate innovations in the electronics and electrical sectors. As technology advanced and various electrical appliances were introduced to the market, the company manufactured and serviced various electronic equipment and appliances including all reputed […] Read more
Water-Scarce Rajasthan Poses New Challenges For Solar Pumps Updated On Thu, Jul 27th, 2023 by Saurenergy By-Parul Kulshrestha As temperatures rose in June this year, Jaman Singh Saini, a 69-year-old farmer from Badangarh village in Jhunjhunu district of Rajasthan, was irrigating his 31-acre farmland of millets, using an electric pump which came with its own challenges – erratic electricity supply, voltage fluctuation and associated costs. About 10 years ago, in 2013, […] Read more
Courtyard by Marriott Madurai Installs Fast EV Charging Station Updated On Fri, Jul 7th, 2023 by Saurenergy The hotel industry has begun to recognize the significance of going green. In the recent past, several of them have taken measures such as establishing EV charging stations with the goal of enabling electric mobility- Novotel Hyderabad Airport, Le Roi Hotels to name a few. The most recent one to step onto the bandwagon is […] Read more
ICCT Suggests Placing Premium on Battery Electric Trucks in Delhi EV Policy 2.0 Updated On Tue, Jun 13th, 2023 by Saurenergy The current Electric Vehicle Policy of Delhi phases out this August. The policy, without a doubt, has played a key role in giving an impetus to e-mobility in Delhi. The International Council On Clean Transportation has come up with recommendations for the city’s Electric Vehicle Policy 2.0. The report stresses on providing incentives for medium […] 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
Tata Motors Confident Of Availing PLI Aid For Its EV Models Updated On Mon, Jun 5th, 2023 by Saurenergy Indian automotive giant Tata Motors seems confident to avail the benefits under the Production Linked Incentives (PLI) of the Indian government for all of its Electric Vehicle (EV) models. The firm’s top management expressed optimism on the issue with the specific changes in the scheme’s parameters and the auto firm’s preparedness. The issue was recently […] Read more
Top Automakers in Japan, India Lag in EV Transition: Report Updated On Thu, Jun 1st, 2023 by Saurenergy A latest report from the International Council on Clean Transportation (ICCT) claimed that the top automobile companies in Japan and India are lagging behind in transitioning from a fossil-fuel-based regime to an Electric Vehicle (EV)-based market. The report evaluated automakers on their performance and strategy across a set of measures related to their current position in the […] Read more
India Below Asian Average in Electric Vehicle Penetration; CY 2022 Pegged at Just 1.1% Updated On Thu, May 18th, 2023 by Saurenergy As per a research by S&P Global Ratings, India’s EV penetration is a laggard in CY 2022 when compared against other Asian countries. The percentage of EV penetration in the said year was a mere 1.1%, signficantly lower than the Asian average pegged at over 17 per cent. Not surpisingly, the penetration of electric vehicles […] Read more
Mufin Has Disbursed Highest Loans in Uttar Pradesh: Pankaj Gupta, Mufin Green Finance Updated On Mon, May 15th, 2023 by Saurenergy Mufin Green Finance, which claims to be India’s first listed NBFC dedicated to green financing, began its journey in 2016 with E-rickshaws way back. The firm claims a market share of 5% in e-rickshaw financing and says it has been able to keep the NPAs as low as 1.92%. With a portfolio dominated by borrowers […] Read more
