EV Charging Firm Terawatt In $1 Billion Funding Deal Updated On Fri, Sep 16th, 2022 by Saurenergy San Francisco based startup TeraWatt Infrastructure has raised over $1 billion from investors to expand a network of charging centers across the US focused on electric vehicle fleet customers. The Four-year-old TeraWatt Infrastructure came out of stealth mode in May 2021 , and has been co-founded by investment adviser Keyframe Capital. Cyrus Capital also funded […] Read more
Honda to Launch E-Rickshaw Battery Swapping, New E-Motorcycles in India Updated On Thu, Sep 15th, 2022 by Saurenergy Japan-based carmaker Honda has revealed its plans to establish a battery-sharing service for e-rickshaws in India. Honda said that it will achieve the task by the end of 2022. The maker has also launched its electric two-wheelers in India. The company said in a statement, “In India, Honda is planning to begin its battery sharing […] Read more
Examining the Biggest Polluters: Report Card of Transportation Industry Updated On Thu, Sep 15th, 2022 by Saurenergy The transportation sector is essential for economic growth, creating jobs, and connecting people to critical services. The industry is also growing rapidly and will retain this trend for a long time. Yet, what’s concerning about the growth of the transportation sector is that it is also one of the biggest polluters. The industry shares a […] Read more
Denver’s Iontra Raises $38 Million Series B to Commercialise Battery Charging Platform Updated On Thu, Sep 15th, 2022 by Saurenergy Denver-based battery performance and safety technology company, Iontra, has announced the closing of its $38 million Series B financing-led by Volta Energy Technologies, with participation from Flag Group and other investors. Iontra said that it has been in stealth mode for nearly a decade and has partnered with various OEMs to commercialize its technology that […] Read more
Start-up Adden Energy Develops EV Battery that Charges in 3 Minutes, Lasts 20 Years Updated On Thu, Sep 15th, 2022 by Saurenergy Start-up Adden Energy has innovated a battery for electric cars that promises to achieve full charging in three minutes and also lasts two decades. The start-up announced that it has received the grant of an exclusive technology license by Harvard University’s Office of Technology Development (OTD) and a seed round financing of $5.15 million. Adden […] Read more
BHE Renewables to Invest $500m in RE-Powered Site in West Virginia Updated On Wed, Sep 14th, 2022 by Saurenergy West Virginia Governor Jim Justice has announced that BHE Renewables, a Berkshire Hathaway Energy business, has entered into an agreement with the State of West Virginia to purchase more than 2,000 acres of land in Ravenswood, and develop it as a renewable energy microgrid-powered industrial site. The firm will be making an investment of $500m […] Read more
Magenta Mobility Partners with Flipkart for Debut in Delhi Market Updated On Mon, Sep 12th, 2022 by Saurenergy The last-mile transportation provider in India, Flipkart, has announced a partnership with Magenta Mobility, a company located in Karnataka that offers electric mobility solutions. Through this partnership, Magenta Mobility will officially enter Delhi-NCR and add over 400 electric cargo cars to the Flipkart fleet there. This fleet deployment goes above and beyond what Magenta currently […] Read more
Mahindra Introduces New Products, Increases EV Investments Updated On Mon, Sep 12th, 2022 by Saurenergy Mumbai-headquartered auto major Mahindra & Mahindra is developing, introducing new products and making investments while also making production plans stronger as it continues to be “extremely positive” about the country’s progressive adoption of electric car penetration over the coming few years. It anticipates a gradual shift to electric mobility, with the fleet and sports utility […] Read more
On World EV Day, Startups Are More Optimistic Than Ever About The Future Updated On Fri, Sep 9th, 2022 by Saurenergy September 9, designated as World EV day has come around again, and this time, we can truly say that a new sense of optimism pervades the sector. Yes, there have been the usual hiccups, including the not so minor issue of quality control over the Lithium ion batteries that power most EVs, but it would […] Read more
