Hyperion Unveils Mobile Station For Hydrogen & Electric Vehicles Updated On Wed, Nov 23rd, 2022 by Saurenergy Hydrogen technology conglomerate Hyperion Motors has announced the launch of its Hyper:Fuel Mobile Stations that are capable of refueling both hydrogen fuel cell electric vehicles (FCEVs) and battery electric vehicles (BEVs). The official statement of Hyperion held that the mobilized refueling station will be available across the USA, and can be easily deployed and redeployed when driving […] Read more
HDFC Bank to Make Significant Investments in EV Loans Updated On Tue, Nov 22nd, 2022 by Saurenergy Despite certain setbacks on the level of the auto industry, HDFC Bank is seeking to triple its financing for electric vehicle (EV) purchases in the next three years. This is due to an early assessment that lending is proving to be profitable. The banking institution aims to triple the ebook dimension by 2025 after initially […] Read more
Innovative Battery Tech Startup Clean Electric Raises $2.2mn Led by Kalaari Capital Updated On Tue, Nov 22nd, 2022 by Saurenergy Clean Electric, an innovative energy storage solutions start-up, raises $2.2M in a seed round led by Kalaari Capital, an early-stage venture capital company with offices in Bengaluru. Additionally taking part in the round were Climate Angels, LV Fund, 7Square Ventures, and CIIE Regional Innovation Foundation. Intense safety and performance problems for EVs such as battery […] Read more
EV Startup Chargeup Raises $7 Million in Pre-Series A1 Round Updated On Thu, Nov 17th, 2022 by Saurenergy Chargeup, a battery-swapping firm based in Delhi and an Indian FinTech (Finance-Network-Technology Platform) platform, has secured $7 million in a Pre-Series A1 investment. Along with other notable investors like Ekta Kapoor, Sunil Kalra, and Sachin Mehra, it was co-led by Capital-A and Anicut Capital. By lending loans to Chargeup, Jiraaf, a platform for high-yield alternative […] Read more
BPCL’s Major EV Charger Supply Project Goes to Servotech Updated On Fri, Nov 4th, 2022 by Saurenergy Servotech Power Systems Ltd., an NSE-listed leading manufacturer of EV Charging solutions, has been awarded a major project by Bharat Petroleum Corporation (BPCL) for the supply and installation of 800 units of DC fast EV chargers at different locations across India in the next four months. The project will span across the country, equipping petrol […] Read more
Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs Updated On Fri, Nov 4th, 2022 by Saurenergy The government of Karnataka and Bengaluru’s electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the state’s largest EV battery charging and swapping infrastructure. […] Read more
Minerals firm ICL To Invest $400 Million in Lithium Battery Materials Facility in US Updated On Fri, Oct 21st, 2022 by Saurenergy Global minerals conglomerate ICL has announced that it plans to build a $400 million lithium iron phosphate (LFP) cathode active material (CAM) manufacturing plant in St. Louis, USA. ICL held that this is expected to be the first large-scale LFP material manufacturing plant in the United States. ICL was awarded $197 million through the Bipartisan […] Read more
Rising EV: The State Of EV Sector In India Updated On Wed, Oct 19th, 2022 by Saurenergy India is riding fast toward its goal of carbon neutrality by the year 2070. Naturally, the transportation sector, one of the biggest polluters, has to be brought under green cover if the nation wants to reduce the emissions intensity of its GDP by 45 per cent by 2030 – a medium-term goal. The electric vehicle […] Read more
UP Govt Announces Range of Incentives for EVs and Batteries Manufacturing Updated On Tue, Oct 18th, 2022 by Saurenergy Uttar Pradesh doesn’t just want to be a consumption state anymore, but a producer also, especially when it comes to industry. The state government, in an announcement on a range of incentives to encourage EV and battery manufacturers to consider the state for plants, has announced that the first two integrated EV and ultra-mega battery […] Read more
