EV Producer Komaki Launches Three New Electric Two Wheelers Updated On Sat, Jan 23rd, 2021 by Saurenergy The manufacturer of Electric Vehicles (EV), Komaki EV Division of KLB Komaki is launching three new electric two-wheelers (E2Ws) in the Country. New launches include TN-95, SE Hi-Speed scooters, and M5 electric bikes, ranging from Rs 98,000 and Rs 96,000, and Rs 99,000 respectively. KLB Komaki has ventured into the EV business since 2016 that […] Read more
Panasonic Life Solutions India to Provide Charging Infra to PMI for 1000 e-Buses Updated On Fri, Jan 22nd, 2021 by Saurenergy Panasonic Life Solutions India will provide high-tech EV charging infrastructure to PMI for operating more than 1000 electric buses. Panasonic Life Solutions India has formed a partnership with PMI Electro Mobility to provide high-tech EV charging infrastructure. In the first phase of rollout the firm will provide PMI with EV charging infrastructure across 17 cities […] Read more
European Renewable PPA Market Could Exceed 10 GW in 2021: Report Updated On Fri, Jan 22nd, 2021 by Saurenergy The European renewable PPA market is likely to exceed 10 GW in 2021, due to the growing offshore wind momentum throughout Europe and more. The European renewable energy power purchase agreement (PPA) market is likely to exceed 10 GW in 2021, due to continued momentum in Spain, the emergence of a strong subsidy-free market in […] Read more
StoreDot Launches its 1st Gen ‘5-Minute Charge’ Li-ion EV Battery Samples Updated On Thu, Jan 21st, 2021 by Saurenergy StoreDot, a leading innovator and developer of extreme fast charging (XFC) battery technology, has announced the availability of its first-generation ‘5-minute charge’ battery engineering samples. Representing a significant milestone for the company in its mission to eliminate the range and charging anxiety of electric vehicles (EVs), demonstrating the commercial viability of XFC batteries for the […] Read more
Ampere Electric Designates Roy Kurian as New COO of Entire EV Business Updated On Thu, Jan 21st, 2021 by Saurenergy The electric mobility subsidiary of Greaves Cotton Ltd., Ampere Electric has appointed Roy Kurian as Chief Operating Officer (COO) to oversee the complete E-mobility Business of electric 2-Wheelers (E2Ws) and electric 3-Wheelers (E3Ws). Earlier, Roy was associated with Yamaha Motors for 17 years as the SVP where he was executing strategic direction to the company […] Read more
Hyundai India Signs MoU with FITT – IIT Delhi, Donates KONA Electric Updated On Thu, Jan 21st, 2021 by Saurenergy The Indian subsidiary of South Korean multinational automotive manufacturer, Hyundai Motor India Foundation has signed a Memorandum of Understanding (MoU) with Foundation for Innovation and Technology Transfer (FITT) – IIT Delhi. This collaboration is being done for IIT Delhi students to study alternate energy powered vehicles and emerging technologies to innovate new-age mobility solutions. The […] Read more
EV Startup Rivian Raises USD 2.65 Billion, Led by T. Rowe Price Updated On Wed, Jan 20th, 2021 by Saurenergy Rivian, an electric vehicle (EV) startup, provider of electric SUVs, has announced the closing of its latest investment round of USD 2.65 billion led by T. Rowe Price Associates, Inc. This round also included Fidelity Management and Research Company, Amazon’s Climate Pledge Fund, Coatue, and D1 Capital Partners as well as several other existing and […] Read more
PFC Closes Rs 5000 Crore Bonds Issue 11 Days Ahead of Schedule Updated On Tue, Jan 19th, 2021 by Saurenergy The first Rs 5000 crore NCDs issue of PFC was subscribed close to nine times and closed for subscription 11 days ahead of the schedule The Power Finance Corporation’s (PFC) first Rs 5000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine times on January 18, 2021, and closed for subscription 11 days […] Read more
E2W Firm Simple Energy to Invest Rs 45 Crore on Production Facility Updated On Tue, Jan 19th, 2021 by Saurenergy Simple Energy, all set to roll out its maiden electric scooter, is planning to invest around Rs 45 crore in setting up a production facility Bengaluru-based EV start-up Simple Energy, which is all set to roll out its maiden electric scooter in the first half of 2021, is planning to invest around Rs 45 crore in […] Read more
