Green Startups Rising But Finance A Concern: MUFG Report Updated On Fri, Sep 20th, 2024 by Saurenergy Funding continues to be a challenge for more than 800 climate tech startups in India, of which many have, till now, reached the growth stage. According to a report by IIMA Ventures and MUFG Bank, it is only 2.5% that get the prized Series A+ rounds. The report was launched at the Climate Action Summit, […] Read more
JBM, ADB Ink Rs 3.6bn Pact To Bring E-Buses To Haryana, Odisha Updated On Tue, Sep 17th, 2024 by Saurenergy The Asian Development Bank (ADB) and the JBM Group recently signed a Rs 3.6 billion (about $43.2 million) non-convertible debenture loan to expand access to electric buses in Haryana and Odisha. The loan will support the procurement of up to 650 electric buses and fund the cost of operations, maintenance, and deployment of depots and […] Read more
No Subsidies For Passenger Cars In Rs 10,900cr PM E-Drive Scheme Updated On Thu, Sep 12th, 2024 by Saurenergy The Union Cabinet, on September 11, approved the PM E-Drive Scheme for boosting adoptipn of electric vehicles in India. The PM Electric Drive Revolution In Innovative Vehicle Enhancement (PM E-DRIVE) Scheme earmarks Rs 10,900 crores over the next two years with a sharp focus away from passenger cars to other key categories like 2 wheelers, […] Read more
DAEWOO India & eBikeGo Announce Collaboration For Developing e-Bikes Updated On Wed, Sep 4th, 2024 by Saurenergy DAEWOO India, and eBikeGo, announced a new collaboration to develop and launch a range of personal mobility vehicles over the next five years. The partnership aims to transform the personal electric mobility segment by combining DAEWOO’s Global image with eBikeGo’s innovative electric mobility solutions. The collaboration will focus on developing a diverse range of electric […] Read more
Delhi’s Motor Vehicles Emit More In Real Operations: Report Updated On Fri, Aug 23rd, 2024 by Saurenergy Delhi and nearby Gurugram have suffered the debilitating impacts of poor air quality for decades. The transport sector has been a major contributor to this form of air pollution, a study by Real Urban Emissions (TRUE) Initiative revealed. The study was conducted in collaboration with authorities in Delhi and Gurugram, utilizing non-intrusive remote sensing technology […] Read more
After Dip In EV Sales, Tata Motors Pins Hopes On FAME-III For Revival Updated On Thu, Aug 22nd, 2024 by Saurenergy After facing a dip in the sales of Electric Vehicles (EVs) in Q1FY25, Tata Motors has pinned hopes on the rollout of the FAME-III scheme for the revival of its electric vehicle business. The top management of the company said that the fleet segment of its EVs which used to be around 10 percent of […] Read more
BLive, Awign Tie Up To Connect 10,000 Gig Workers With EVs Updated On Thu, Aug 22nd, 2024 by Saurenergy India’s e-mobility platform, BLive, has partnered with Awign, a work-as-a-service platform, to onboard 10,000 riders for BLive’s EV Rental Programme over the next 12 months. This collaboration aims to enhance last-mile delivery services across India by providing gig workers with access to affordable electric vehicles (EVs). Awign, known for optimizing work processes and cost management […] Read more
Gensol Q1 Results- Revenues Up 105% at ₹297crores, Order Book At ₹5,025 Crore Updated On Tue, Aug 13th, 2024 by Saurenergy Gensol Engineering Limited, a prominent player in the renewable energy sector specializing in solar engineering, procurement, and construction (EPC) services, along with electric mobility solutions (BluSmart), today announced its consolidated and standalone financial results for the quarter ended June 30th, 2024 (Q1 FY25). Q1 FY25 Highlights: Total Revenue was ₹297 Crore for Q1 FY25 compared to ₹145 Crore in Q1 […] Read more
Neuron Energy Secures Rs. 20 Cr In Series A Funding Updated On Tue, Aug 6th, 2024 by Saurenergy Neuron Energy today concluded its Series A funding round, raising Rs. 20 Crores from investors, including contributions from the Chona Family, a venture capital firm, and Capri Global Family Office, a Non-Banking Financial Company (NBFC). Neuron Energy is an electric vehicle (EV) battery manufacturer that offers various electric mobility solutions that span from lead-acid to […] Read more
