EU Votes To Ban Sales Of CO2 Emitting Combustion Engine Cars and Vans by 2035 Updated On Tue, Jun 21st, 2022 by Saurenergy The European Union has mandated a ban on vehicles powered by internal combustion engines (ICE) by 2035. The EU Parliament has voted in favour of cars and vans with zero emissions and stipulated 2035 as the deadline to achieve the mammoth target. EU Heralding EV Revolution The judgement has come at a time when giant […] Read more
PFS, GGGI Collaborate To Establish RE Focused Infra Debt Fund Updated On Mon, Jun 20th, 2022 by Saurenergy A memorandum of understanding (MoU) agreement has been signed between India’s infrastructure finance company PTC India Financial Services (PFS) and Global Green Growth Institute (GGGI) for the establishment of an infrastructure debt fund. The objective of the debt fund is to enhance the infrastructural development in the field of renewable energy. According to the official […] Read more
Under Pressure Honda Signs JV With Sony To Sell EVs By 2025 Updated On Mon, Jun 20th, 2022 by Saurenergy Japanese Consumer durable, Sony has signed an agreement with automobile major Honda Motor on June 16 to equally own a joint venture that will start selling electric cars in 2025. Both the companies will invest 5 billion yen ($37.52 million) each in the JV, first announced in March this year and named Sony Honda Mobility. […] Read more
EVI Technologies, HPCL IN Agreement For EV Chargers at 136 Locations Updated On Mon, Jun 20th, 2022 by Saurenergy The network of EV charging stations is going to spread out with every Hindustan Petroleum Corporation Limited (HPCL) petrol pump at 136 locations offering its space to EVI Technologies for installation of a charging station. A press release issued by EVIT, a startup with profile of 380 EV chargers in 17 cities across India, claimed […] Read more
Chinese EV maker Nio To Manufacture Battery Swap Stations in Europe Updated On Mon, Jun 20th, 2022 by Saurenergy Chinese automobile manufacturer and power solutions provider Nio has announced that the company will be coming up with a manufacturing plant in Europe where it will be producing battery swap stations for the overseas market. It was reported early this year that Nio was looking to hire in Hungary for a manufacturing plant. Nio is […] Read more
Volvo Invests $4.9 million In Connected Energy For Second Life Battery Business Updated On Mon, Jun 20th, 2022 by Saurenergy Volvo Energy is investing about 50 million Swedish kronor (SEK) or $4.9 million for 10 percent in the UK-based second-life battery energy storage specialist Connected Energy. Joachim Rosenberg, President, Volvo Energy, said, “There is a great deal of untapped potential in the second-life use of batteries. This forward-leaning investment aims to facilitate the scaling-up of […] Read more
Nunam Will Deploy The Used Batteries of Audi In E-Rickshaw Updated On Fri, Jun 17th, 2022 by Saurenergy Indo-German startup Nunam has found a way to recycle and use the used batteries of luxury car Audi. A press release by the startup on June 15 claimed that the recycled batteries of Audi will be used as a pilot project in the e-rickshaws already mainstreaming the commuting system for the office goers particularly across […] Read more
Petronas Owned Gentari Targets 40 GW of renewable energy by 2030 Updated On Fri, Jun 17th, 2022 by Saurenergy The national oil company of Malaysia – Petroliam Nasional Bhd (Petronas) – has announced that the company is aiming to build a Renewable Energy capacity of 30 – 40 GW through its new business unit Gentari by 2030. Petronas informed that the special focus for the renewable energy addition will be on solar power energy. […] Read more
Disruptive Tech Trends Transforming The Shape Of EV Industry Updated On Tue, Jun 14th, 2022 by Saurenergy In 2020, before the pandemic shook up the world, especially the Indian automotive industry, electric vehicles were moving steadily into the spotlight. The total annual sales of different types of electric vehicles such as battery electric vehicles and hybrid electric vehicles in the year 2019 crossed over the two-million-vehicle mark. But even due to the […] Read more