Norway Study Shows Electrifying Trucks Key To Reducing Fossil Fuel Demand Updated On Thu, Aug 24th, 2023 by Saurenergy As per a report by Rystad, Norway’s persistent road fuel demand won’t last amid rapid EV adoption. It finds that road fuel demand in Norway has remained relatively stable even with soaring electric vehicle (EV) adoption, raising questions about whether EVs really have a material impact on diesel and gasoline sales. Rystad Energy research and […] Read more
LOHUM & Vecmocon Partner to Power 100,000 LIB-Enabled EVs Updated On Wed, Aug 9th, 2023 by Saurenergy Producer of sustainable energy transition materials and Vecmocon, an Indian EV intelligence company backed by Tiger Global & Blume Ventures, have partnered to accelerate EV battery adoption and enable easy financing. The partnership aims to accelerate second-life battery use and power 100,000 LIB-enabled EVs over two years with AI-powered Battery Management System (BMS) by determining […] Read more
MeyerBurger Snaps Up €200 Million From EU Innovation Fund For 3.5 GW Solar Manufacturing Updated On Tue, Jul 18th, 2023 by Saurenergy Meyer Burger Technology AG, through its group company Meyer Burger (Industries) GmbH, submitted a funding application for EUR 200 million in the EU-wide selection process of the European Innovation Fund in March 2023. The project “HOPE” (High-efficiency Onshore PV module production in Europe) submitted by Meyer Burger has prevailed as eligible for funding, the EU […] Read more
ZincFive Closes $80 Million Capital Partnership with Orion Infrastructure Capital Updated On Tue, Jul 4th, 2023 by Saurenergy ZincFive, a nickel-zinc (NiZn) battery-based solutions provider, announced a strategic partnership with Orion Infrastructure Capital (OIC). The capital investment will provide ZincFive up to $80 million via a term loan to fuel the company’s global commercial adoption in existing and new markets, including mission-critical applications in data centres, industrial engine starting, and other high-power energy […] 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
Amara Raja Breaks Ground on Telangana’s First Lithium Cell Gigafactory Updated On Mon, May 8th, 2023 by Saurenergy Industrial and automotive battery maker Amara Raja Batteries Limited (ARBL) is building the first gigafactory of Telangana which will also be India’s largest when it’s operational. The battery gigaplant will come up in Mahbubnagar district. The inauguration ceremony was attended by MA&UD Minister of Telangana, KT Rama Rao, and Amara Raja Group Founder Dr. Ramachandra […] Read more
IIT Kanpur & Lohum Tie up to Advance Sustainability of Li-ion Batteries Updated On Thu, May 4th, 2023 by Saurenergy The Indian Institute of Technology (IIT) Kanpur and Lohum Cleantech, a producer of sustainable energy transition materials, have announced a strategic partnership for R&D collaboration in sustainability and other core areas. Under the partnership, Professor Kanwar Singh Nalwa from the Department of Sustainable Energy Engineering at IIT Kanpur, will lead the team to work together […] Read more
Lohum & ACKO Forge Partnership to Recycle & Reuse Batteries to Aid EV Adoption Updated On Tue, May 2nd, 2023 by Saurenergy Lohum, a producer of sustainable energy transition materials, and ACKO, a tech-first insurer, have joined hands in partnership to recycle and reuse batteries that will lead to faster adoption of electric vehicles in India. As per the firms, this is the first time for an association for EV battery insurance in the country to include […] Read more
G-7, G-20 Partners Need To Collaborate To Tackle Challenges Of Critical Minerals: Report Updated On Thu, Apr 27th, 2023 by Saurenergy A recent policy brief on critical minerals (CM) claimed that there was a need for a partnership between the members of the G-7 and G-20 on the vital issue. The report said that such a partnership was needed to tackle the main hurdles in the procurement and deployment of these rare resources, crucial to expedite the growth […] Read more
