International Battery Company Raises $35mn In Pre-Series A Round Updated On Thu, Jan 18th, 2024 by Saurenergy International Battery Company (IBC), a product and technology company that specializes in the creation of eco-friendly, large-sized rechargeable Prismatic Lithium-ion NMC batteries announced raising USD 35 Million. This includes a Pre-Series A round led by RTP Global, and contributions from a broader investment base which includes Beenext, Veda VC, and other strategic Korean and US Investors. […] Read more
Assam Launches App-Based Electric Bike Booking System Updated On Wed, Jan 10th, 2024 by Saurenergy The Assam State Corporation of India (ASTC) has developed an online mobile application (app – based service) to book electric bike for its cities with the support of Bycosi Ecotech Pvt Ltd, a Guwahati-based social enterprise. Assam has already rolled out electric buses earlier with the partnership from Tata Motors. It has now introduced electric […] Read more
VinFast Will Invest $2 Billion For Tamil Nadu Integrated EV Plant Updated On Mon, Jan 8th, 2024 by Saurenergy VinFast, the prominent electric vehicle (EV) manufacturer in Vietnam, has unveiled plans to establish an electric vehicle plant in the coastal town of Thoothukudi in southern Tamil Nadu, with a substantial investment totaling $2 billion. This announcement coincides with the ongoing Tamil Nadu Global Investors Meet in Chennai. In an official statement, VinFast declared its […] Read more
Revfin Secures $14 Million in Series B Funding Round Led by Omidyar Network Updated On Tue, Dec 26th, 2023 by Saurenergy Digital lending platform Revfin announced the successful conclusion of its Series B funding round, securing $14 million (115 crore). Omidyar Network spearheaded the round with a $5 million investment, joined by the Asian Development Bank (ADB), Companion Capital Limited, and existing investors Green Frontiers Capital and LC Nueva. This funding brings Revfin’s total capital raised […] Read more
Motovolt, German Firm Swobbee In Tie-up For Battery Swapping Stations Updated On Wed, Dec 20th, 2023 by Saurenergy Motovolt Mobility Pvt. Ltd, an e-mobility brand, has collaborated with German climate-tech firm Swobbee to establish 200 battery swapping stations across India within the next 24 months. This partnership aims to address the challenges associated with electric vehicles (EVs), with a primary focus on battery charging time, cost, and life to elevate the overall user […] Read more
US-India Energy Storage Task Force Commences Operations Updated On Tue, Dec 12th, 2023 by Saurenergy The United States (US)-India Energy Storage Task Force, first announced in October 2022 Ministerial meeting of the US-India Strategic Clean Energy Partnership (SCEP) held between Indian Minister of Petroleum and Natural Gas, Hardeep Singh Puri and US Energy Secretary Jennifer Granholm, commenced operations today. The public-private US-India Energy Storage Task Force (ESTF) was established by […] Read more
Tata Power Nudges NCR Employees To Cut Emissions By Using EVs Updated On Tue, Nov 28th, 2023 by Saurenergy In an interesting move to do its bit to mitigate the worsening air quality in Delhi NCR, Tata Power, one of India’s largest integrated power companies, launched a special program on November 27 to incentivize its employees to switch to EVs. This announcement is aligned with Tata Power’s ‘Sustainable is Attainable’ movement, which encourages adoption […] Read more
NTPC Issues EoI for Operation of Five Fuel Cell Electric Buses Updated On Tue, Nov 7th, 2023 by Saurenergy NTPC Limited is inviting Expression of Interest from electric bus operators for the operation of five fuel cell electric buses on Delhi Agra intercity route on lease basis. The tenure of leasing period is three years. However, the same may be extended on mutually agreed terms and conditions on completion of leasing period of three […] Read more
Zero Emission Vehicle Can Reduce Emission By 80% In US: NREL Updated On Fri, Nov 3rd, 2023 by Saurenergy A latest report from the National Renewable Energy Laboratory (NREL) stated that the adoption of zero-emission electric vehicles (EV) in the US would allow the nation to move closer to an 80% or more drop in transportation-related greenhouse gas (GHG) emissions by 2050. This, the report said would lead to a drop of the emissions […] Read more
