Powering the Shift for 2W Segment Towards Electric Mobility Updated On Tue, Dec 8th, 2020 by Saurenergy The future of the electric 2W market is growing rapidly and the major drivers for this market are those with focus on the reduction of emissions. The future of the electric two-wheeler (2W) market is growing rapidly and the major drivers for this market are the increasingly health-conscious consumers, high traffic congestions, environmental concerns and […] Read more
Ather Energy Launches 450X Electric Scooter in 16 new Cities Updated On Tue, Dec 8th, 2020 by Saurenergy Electric two-wheeler startup Ather Energy has launched its electric 450X scooter in 16 additional cities in India. Electric two-wheeler start-up Ather Energy has announced that it has launched its electric 450X scooter in 16 additional cities in India. The company has stated that it has launched the electric scooter in Mysore, Hubli, Jaipur, Indore, Panaji, […] Read more
Exide Increase Stake in Li-ion Battery JV With Leclanche to 80.15% Updated On Tue, Nov 24th, 2020 by Saurenergy Battery maker Exide Industries has increased its stake in its JV with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore Battery maker Exide Industries has announced that it has increased its stake in its joint venture (JV) with Swiss firm Leclanche to 80.15 percent with a further investment of Rs 33.17 crore by way of […] Read more
GM Begins Hiring for its ‘Ultium Cells’ EV Battery Manufacturing Facility Updated On Tue, Nov 10th, 2020 by Saurenergy Ultium Cells LLC, a JV of GM and LG Chem that will mass-produce Ultium battery cells for electric vehicles (EV) is looking to hire 1,100 employees. General Motors (GM) has continued its march towards an all-electric, zero-emissions future with the construction of its nearly 3 million-square-foot Ultium Cells battery cell manufacturing facility in Lordstown, Ohio. […] Read more
Increased EV Penetration to Boost Jobs and Lower Crude Imports in India: CEEW Updated On Tue, Nov 10th, 2020 by Saurenergy Increased EV penetration in India could help it save on crude oil imports worth over Rs 1 lakh crore annually and create 120,000 new jobs by 2030 A new study has found that India could save on crude oil imports worth over Rs 1 lakh crore (USD 14 billion) annually if electric vehicles (EVs) were […] Read more
EV Startup Ather Energy Raises $35 Mn in Latest Funding Round Updated On Mon, Nov 9th, 2020 by Saurenergy Electric two-wheeler manufacturer Ather Energy has raised USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal Hero MotoCorp-backed electric two-wheeler manufacturer Ather Energy has announced that it has raised just over USD 35 million in its latest funding round which was led by Flipkart co-founder Sachin Bansal’s investment of USD 23 […] Read more
Inverted Energy Opens Lithium-ion Battery Manufacturing Facility in Delhi Updated On Fri, Nov 6th, 2020 by Saurenergy Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. Delhi-based battery manufacturer Inverted Energy has announced the opening of its new lithium-ion battery manufacturing facility in the Okhla Industrial Area in New Delhi. The company stated that the commissioning of the plant, which currently has a production […] Read more
KPMG & CII Report on Shifting Gears: the Evolving EV landscape in India Updated On Wed, Nov 4th, 2020 by Saurenergy The report provides an understanding of segment wise propensity to transition to EVs by analyzing use cases and Total Cost of Ownership, and estimates the EV penetration by 2025 and 2030. It evaluates the policy framework and the readiness of the enabling ecosystem for EVs i.e. charging infrastructure, ownership models, localization of production, financing, and […] Read more
Electric 2W Penetration Might Reach 35%, e-3W 75% by 2030: Report Updated On Wed, Nov 4th, 2020 by Saurenergy A new report has predicted that electric 2W penetration in India is expected to reach 25-35 percent and that of e-3W at 65-75 percent by 2030. A new report has predicted that electric two-wheeler (2W) penetration in India is expected to reach 25-35 percent and that of e-three-wheelers (3W) at 65-75 percent by 2030. The report highlights […] Read more
