Rajesh Exports Signs Agreement With Centre & Karnataka For 5GWh Lithium Cells Factory Updated On Wed, Jan 25th, 2023 by Saurenergy Rajesh Exports Limited (REL) has announced that it has signed a tripartite agreement with the Central Government and Karnataka state government under which it will set up a 5 GWh gigafactory to manufacture lithium ion cells for battery production. The company said that it was selected by the Central Government as one among the successful […] Read more
Indi Energy Gets National Startup Award 2022 For ‘Energy Storage’ Updated On Tue, Jan 24th, 2023 by Saurenergy Indi Energy – a startup that has sprung out of Indian Institute of Technology (IIT) Roorkee, has won the prestigious National Startup Awards 2022 in the category of ‘Energy Storage.’ National Startup Award 2022 was presented to the India based start-ups that are most promising and innovative. The certificate of commendation was presented by Piyush […] Read more
Log9 Materials Secures $40 Million in Fresh Funding From Amara Raja & Others Updated On Mon, Jan 23rd, 2023 by Saurenergy Last week, Bangalore based deep-tech battery start-up Log9 Materials had scooped up over $11 million in a Series B round, which was led by PTV International Ventures and participated by key investors like SiriusOne Capital and Cornerstone Ventures. Now, the startup has announced that it has raised $40 million or Rs 325 crore approximately in […] Read more
Transformation of EV Industry in India Updated On Tue, Jan 10th, 2023 by Saurenergy As India is still in the starting stages of the EV revolution, the adoption and number of EVs sold is rising faster with every passing day. EVs are the future’s transportation and are no longer an exclusive option for early adopters. EVs are already one of the fastest-growing vehicle markets. As governments implement various incentives […] Read more
Matter Energy and Luminous Power In Partnership For Energy Storage Solutions Updated On Fri, Jan 6th, 2023 by Saurenergy Matter Energy, the Ahmedabad-based technology start-up, has entered into a strategic partnership with Luminous Power Technologies aiming to create a technological breakthrough in the field of home inverters and stationary applications. According to the release, the solution would also encourage many possibilities of generating sustainable energy through domestic solar and wind power generation, storing, and […] Read more
Mercedes-Benz Energy & Lohum Partner for 50 MWh of Second Use Li-ion Battery Modules Updated On Wed, Jan 4th, 2023 by Saurenergy Mercedes-Benz Energy and Lohum have entered into a strategic partnership for second-life batteries. The agreement is a multi-year supply contract agreement, under which Mercedes-Benz Energy and Lohum have committed to a minimum offtake schedule of 50 MWh per annum across multiple second life module variants. Lohum is Mercedes-Benz Energy’s first partner in Asia. The agreement […] Read more
How Lithium Batteries Can Reduce The Rates of EV & Its Impact In 2023 Updated On Wed, Dec 28th, 2022 by Saurenergy By Ankit Mittal, Co-Founder & CEO, Sheru For an electric vehicle, the battery is its most crucial as well as its most expensive component. In 2015, they made up more than 57% of the cost of an electric car in the US. Advances in technology, improved manufacturing processes, and efficiency gains have all meant that […] Read more
CATL Starts Battery Cell Production In German Plant – First Outside China Updated On Thu, Dec 22nd, 2022 by Saurenergy Leading global battery supplier CATL has announced that its cell factory in Germany has begun deliveries. Contemporary Amperex Technology Thuringia GmbH (CATT), the first plant of CATL outside of China, has kicked off serial production of lithium-ion battery cells in December as scheduled. CATL said that this marks another milestone on its global journey. The […] Read more
Starting at Rs 32k, AutoNxt Automation Introduces E-Tricycle for Specially Abled Updated On Wed, Dec 21st, 2022 by Saurenergy To help those who lost their livelihoods due to the pandemic, Maharashtra-based technology-driven automotive firm AutoNxt Automation has designed and produced India’s first Smart Electric Tricycle called AzaadE for the specially-abled. Additionally, it has provided the business with cash flow for support at a time when many of them came to a standstill. It has […] Read more
