EV Update Media – Electric Vehicles and Battery Industry News & Updates

A platform specially designed and developed to keep the industry updated with the right Knowledge, News and Information about developments happening in the Electric Vehicles & Battery sector

Month: August 2019

Markets and Markets Estimates The India Electric Two-Wheeler Market To Reach 3 Million-Unit Sales By 2027

An electrical two-wheeler is a form of transport with a new mobility approach, especially in countries with large populations which concerned about the impact of GHG emissions on the environment. One of the most important factors driving the electric scooter…

Mahindra Warns Of Job Losses In Auto Sector, Seeks Govt Help

Indian automaker Mahindra and Mahindra Ltd (M&M) said on Wednesday it saw a “huge danger” of job losses in the ailing domestic auto sector, as it sought government intervention, including tax reductions to revive demand. A lending crisis among the country’s shadow banks, which fund…

VW To Test Robotic Chargers For Self-Driving Electric Cars

Electrify America, a subsidiary of Volkswagen Group of America, has announced a pilot project to test the viability of robotic fast-charging systems for self-driving electric vehicles (EVs), CNBC reported on Monday (Aug. 5). VW is partnering with Bay Area startup Stable Auto, a…

Suzuki Posts 46% Drop In First-Quarter Profit On Slowing India Demand

Suzuki Motor Corp on Monday reported a 46.2% fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, and falling demand in India, its biggest market. Japan’s fourth-largest automaker posted an operating profit…

Volvo Is Using Blockchain to Source Conflict-Free Cobalt For Its Electric Cars

Automaker Volvo Cars, owned by Chinese automotive group Geely, has produced electric cars with cobalt mapped on a blockchain, Reuters reports on Aug. 2. Blockchain used to combat child labor Per the report, Volvo also joined a project to monitor cobalt from…

India- USD 21.3 Bn Electric Scooters And Motorcycles Market Is Set To Register 13% CAGR, Driven By Advancement In Battery Technology And Emergence Of New Distribution Channel, Says Bekryl

According to recently released industry report by Bekryl, Global Electric Scooters and Motorcycles Market size is expected to register 3.4X increase in its revenue by 2028. The industry will be driven by advancement in battery technology and value added features….

An Electric Vehicle Charging Station Is Now Open At The Walmart Store Off Possum Run Road In Mansfield

The charging stations are open 24 hours a day and are designed to allow customers to charge their electric vehicles while shopping, the company announced in a news release. Charging speeds range from 150 to 350 kilowatt hours. “The Electrify America charging…

Volkswagen Group Company Acquires Minority Stake In Charging Station Software Company Elli

The partnership has been formed with the intention of expanding the charging network in Europe in anticipation of the growing market. Has·to·be already provides software for some of the Volkswagen Group’s stations. “Simple and convenient charging is essential for the…

Chinese State Media Questions Whether There Is Any Point Continuing Negotiations After Donald Trump’s ‘Destructive’ Tariff Threat

Chinese state media has expressed pessimism about whether trade talks with the United States should continue after Donald Trump threatened new tariffs within days of negotiations resuming last week. Senior officials also hit back at the US president’s accusation that…

Exquisite Range Of E-Bicycles Launched By GeeKay Bikes

Comforting the modern world with some amazing variety of e-bicycles, GeeKay Bikes launched three e-bicycles with some really fascinating features at the 10th India’s No. 1 Bicycle, Fitness, Sports and Electric Vehicles Expo-2019, held at Manpho Convention Center, Bengaluru from…