Mahindra to be minority partner in any battery venture, e-XUV 300 launch by Q3, 2023 Updated On Wed, Feb 16th, 2022 by Saurenergy Auto major Mahindra and Mahindra ‘s top tier executives, while discussing its results at an analyst call, made some interesting observations on the firm’s EV and battery plans. On the results side, the firm had a strong Q3, reporting a 155 per cent jump in its standalone profit at Rs 1,353 crore for the December […] Read more
IIT Kanpur Incubated Offgrid Energy labs gets funding from Shell, others Updated On Wed, Feb 16th, 2022 by Saurenergy Offgrid Energy Labs, a deep science, Intellectual Property led global innovator has unveiled its first innovation – rechargeable zinc-based battery (ZincGel®). Backed by investors including Shell Ventures, Ankur Capital, and APVC Singapore, Offgrid Energy Labs aims to disrupt the global energy storage market through new materials and design for stationary batteries. According to the firm, growing demand […] Read more
Lord’s Mark Industries, Kerala Automobiles to Jointly Produce EVs Updated On Mon, Feb 14th, 2022 by Saurenergy Mumbai-based Lord’s Mark Industries Pvt Ltd has entered into a joint venture (JV) with Kerala Automobiles Limited (KAL) for the manufacture of electric vehicles (EVs). The first production facility of the JV will be set up at Kannur in Kerala at an estimated investment of Rs 20-30 crore. Commercial production at the Kannur unit is […] Read more
Powin Signs Up for 5.8 GWh of storage across US, Taiwan Updated On Mon, Feb 14th, 2022 by Saurenergy Powin Energy, a global leader in the design and manufacture of scalable battery energy storage solutions, has announced that it has signed framework agreements with four developers to purchase 5,800 megawatt-hours (MWh) of battery energy storage systems to be allocated across multiple projects in the United States and Taiwan. The energy storage systems will be […] Read more
Senior Reliability Test Automation Engineer Updated On Fri, Feb 11th, 2022 by Saurenergy We are seeking a Senior Automation Engineer with a solid background in Python programming along with experience in working with power conversion HW, to join our world class Quality team. The primary task is to develop and maintain automated test software for our products. Automation is key to the success of our compliance and reliability […] Read more
Chandigarh Admin Notifies Draft EV Policy, Offers Financial Benefits Updated On Fri, Feb 11th, 2022 by Saurenergy Chandigarh Administrator Banwarilal Purohit has approved the “Draft Electric Vehicle (EV) Policy 2022” for the union territory, aiming to turn the latter into a ‘Model EV City’ through a significant increase in EV penetration within five years. Following its recent notification, the draft EV policy will stay in the public domain for a period of […] Read more
KoBold Raises Over $190 M to Source Metals for EV Batteries Updated On Fri, Feb 11th, 2022 by Saurenergy Silicon Valley-based KoBold Metals has raised more than $190 million in its latest Series B funding round that is expected to give speed to the firm’s efforts to find new deposits of critical metals that are required for EV batteries and clean energy. KoBold Metals is a start-up backed by a coalition of billionaires including […] Read more
European Scientists Set Nuclear Fusion Energy Record Updated On Fri, Feb 11th, 2022 by Saurenergy European scientists on Wednesday announced fresh progress in the drive to make nuclear fusion a practical, safe and clean energy source, saying an experiment at a site in England set a record for the amount of fusion energy produced, more than doubling the previous mark. Researchers said they achieved 59 megajoules of sustained fusion energy […] Read more
Reliance Joins Altigreen in the EV Race Updated On Thu, Feb 10th, 2022 by Saurenergy Reliance New Energy Ltd (RNEL), a subsidiary of Reliance Industries Ltd (RIL), has announced an agreement with Altigreen Propulsion Labs Private Limited (Altigreen), a Bengaluru-based electric vehicle technology and solutions company for commercial last-mile transportation through two, three, or four-wheelers. . “Reliance New Energy Ltd (RNEL), a wholly-owned subsidiary of the company, has entered into an agreement […] Read more