Chinese Firms Doubled Their Investments In Critical Minerals: IEA Report Updated On Tue, Jul 11th, 2023 by Saurenergy A latest report by the International Energy Agency (IEA) claimed that companies in China doubled their investments in critical minerals in 2022. The report, released today, talked about the global landscape of demand and supply of critical minerals like Lithium, Cobalt and Nickel, among others. In its maiden report on the issue, titled “Critical Minerals Market […] Read more
Latest CATL Electrolyte Innovation Improves EV Battery Efficiency in Cold Weather Updated On Fri, Jul 7th, 2023 by Saurenergy Chinese battery manufacturer CATL has revealed the development of materials for lithium-ion batteries which would augment the charging efficiency of electric vehicles (EVs), particularly in extremely cold conditions. During a forum in Shanghai, Wu Kai, the chi ef scientist at CATL, revealed that the firm has successfully created new electrolyte materials that can dramatically enhance […] Read more
Courtyard by Marriott Madurai Installs Fast EV Charging Station Updated On Fri, Jul 7th, 2023 by Saurenergy The hotel industry has begun to recognize the significance of going green. In the recent past, several of them have taken measures such as establishing EV charging stations with the goal of enabling electric mobility- Novotel Hyderabad Airport, Le Roi Hotels to name a few. The most recent one to step onto the bandwagon is […] Read more
Scientist Wins European Inventor Award 2023 for Safer Lithium-ion Battery Technology Updated On Thu, Jul 6th, 2023 by Saurenergy The European Patent Office (EPO) has revealed that Chinese scientist Kai Wu and his team are winners in the ‘Non-EPO countries’ category of the European Inventor Award 2023. Out of more than 600 candidates, Wu and his team were recognized for their development of a Lithium-ion battery technology with a special top cover that helps […] Read more
Fluoride Electrolyte Innovation: Transforming Batteries for a Sustainable Future Updated On Wed, Jul 5th, 2023 by Saurenergy In a significant development for the field of battery technology, scientists at the U.S. Department of Energy’s Argonne National Laboratory have made a groundbreaking discovery involving a fluoride electrolyte that could potentially protect next-generation batteries against performance decline. This innovation could have a transformative impact on the electric vehicle (EV) industry and other advanced battery […] Read more
Two-Wheeler EV Sales Dip As Govt Slashes FAME-II Subsidy Updated On Mon, Jul 3rd, 2023 by Saurenergy The slashing of subsidies for electric two-wheelers by the Ministry of Heavy Industries last month has now shown results in its sales in the market. The ministry gives subsidies under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II scheme. This hand-holding support from the government apparently helped many consumers to shun polluting vehicles and […] Read more
Maharashtra & Gogoro to Partner on $1.5 Billion Ultra Mega Project Updated On Fri, Jun 30th, 2023 by Saurenergy The Maharashtra government presented Gogoro Inc. with an offer letter to enter into an ‘Ultra Mega Project’ agreement to manufacture vehicles, smart battery packs, and battery swap stations, and deploy an open and accessible battery swapping infrastructure in the State beginning late 2023. The announcement was made by Maharashtra Chief Minister Eknath Shinde. The initiative […] Read more
RACEnergy Opens Battery Facility Capable of Producing 30,000 Swappable Batteries PA Updated On Fri, Jun 30th, 2023 by Saurenergy RACEnergy, a deep-tech electric vehicle infrastructure company for battery swapping, has inaugurated its 10,000 sq. ft. battery production facility. Equipped with a 50 MWh battery production plant, it can manufacture 30,000 batteries per annum. As per the firm, the new facility will provide a collaborative environment for engineers and designers to push the boundaries of […] Read more
NREL Study Forecasts Significant Decline in BESS Costs by 2030 Updated On Wed, Jun 28th, 2023 by Saurenergy The long-term lithium-ion battery energy storage system (BESS) costs could halve over this decade, as per the “Cost Projections for Utility-Scale Battery Storage: 2023 Update” report by US National Renewable Energy Laboratory (NREL). The report forecasts the future capital expenditure (capex) costs of Battery Energy Storage Systems (BESS) from 2022 to 2050. It specifically focuses […] Read more