SUN Mobility, cKers Finance Partner to Decarbonise Last-mile Delivery Updated On Fri, Feb 25th, 2022 by Saurenergy cKers Finance, an NBFC focused on financing sustainability and clean energy in India, has provided a debt financing facility to SUN Mobility, a provider of energy infrastructure and services for electric vehicles (EVs). The capital being provided to SUN Mobility will be used to accelerate the deployment of electric vehicles integrated with SUN Mobility’s swappable […] Read more
Ola Electric Plans 50 Gwh India Battery Plant in EV Push Updated On Fri, Feb 25th, 2022 by Saurenergy Softbank Group-backed Ola Electric plans to build a battery cell manufacturing plant in India with a capacity of up to 50 gigawatt hours (GWh) as part of its broader electrification push, according to recent media reports. Ola will need 40Gwh of battery capacity to meet its annual target to produce 10 million electric scooters and […] Read more
To keep the beast alive in the Hummer, GM goes with 3000 pounds of batteries Updated On Thu, Feb 17th, 2022 by Saurenergy The all-new 2022 GMC Hummer EV comes with a battery that really pulls its weight. Although it is typical for electric car batteries to account for a significant part of the vehicle’s weight, the Hummer EV takes it to a whole new level. The weight of the truck is around 9,000 pounds, whose Ultium battery […] Read more
KoBold Raises Over $190 M to Source Metals for EV Batteries Updated On Fri, Feb 11th, 2022 by Saurenergy Silicon Valley-based KoBold Metals has raised more than $190 million in its latest Series B funding round that is expected to give speed to the firm’s efforts to find new deposits of critical metals that are required for EV batteries and clean energy. KoBold Metals is a start-up backed by a coalition of billionaires including […] Read more
WB E-Vehicle Plans Stumped by Shortage of Lithium-ion Batteries Updated On Mon, Feb 7th, 2022 by Saurenergy The high dependence on imported lithium ion batteries (cells) is taking a toll on the vehicle industry that looks for a quick and quality transition from fossil fuel based to electricity mode. This time the Transport Minister of West Bengal – Firhad Hakim – has said that the state is not able to expand its […] Read more
Ford Shifts Into High Gears For Electric, Will Invest $20 Billion Updated On Wed, Feb 2nd, 2022 by Saurenergy The eco – friendly push in the mobility sector continues to surprise, and add momentum, sometimes well beyond projections as auto makers scale up plans. The latest news comes from Ford Motor, the American auto conglomerate, that has planned to invest a massive $20 billion in the future to match other players as far as […] Read more
All About Metal-Air Batteries Updated On Mon, Jan 31st, 2022 by Saurenergy Metal-air batteries are an attractive technology. They are safer and have a higher energy density than other types of batteries. The application of air as a cathode helps in lowering the cost and the weight considerably. The utilization of cheap metals as an anode further assists in lowering the cost. A metal-air battery functions in […] Read more
Bangalore’s Ola Electric Raises $200 M at $5 B Valuation Updated On Tue, Jan 25th, 2022 by Saurenergy Ola Electric on Monday said it has raised over $200 million (about Rs 1,490 crore) from Tekne Private Ventures, Alpine Opportunity Fund, Edelweiss and others, valuing the electric vehicle maker at $5 billion. The funding arrives even as the firm has been struggling with production delays and battery issues in the early batches of e-scooters […] Read more
ABC’s Advanced Lead Acid Batteries Find a Taker In Greencore EV Stations Updated On Tue, Jan 25th, 2022 by Saurenergy Advanced Battery Concepts, LLC (“ABC”) and GreenCore EV Services LLC (“GreenCore”) have announced the signing of an Memorandum of Understanding (MOU) whereby ABC will begin supplying its patented GreenSeal® storage batteries to thousands of Solar Electric Vehicle (EV) Charging Plazas being installed by GreenCore across the United States. Under this arrangement, ABC will manufacture and […] Read more