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 2020

New Tritium RT175-S DC Fast Charger Powers EVs To 80% In 15 Minutes

Australia-based Tritium has introduced a new DC fast charger, the RT175-S smart charging system, which powers EVs to an 80% charge in 15 minutes on average. The RT175-S is the first charger on the US market capable of Plug and…

Electric Vehicle Communication Controller Market Global Forecast To 2027

The electric vehicle communication controller (EVCC) market is projected to reach USD 563 million by 2027 from an estimated USD 55 million in 2019, at a CAGR of 33.8%. The growth of the controller market is driven by the increasing…

Xos Trucks Raises $20 Million, Partners With Tier 1 Automotive Supplier Metalsa

 Xos Trucks, Inc., a leading manufacturer of fully electric commercial vehicles, today announced it has raised $20 million from a group of investors including Proeza Ventures, a mobility-focused VC firm backed by Metalsa’s holding company, and BUILD Capital Group. The…

Pomerantz Law Firm Reminds Shareholders With Losses On Their Investment In Ideanomics, Inc. Of Class Action Lawsuit And Upcoming Deadline

Pomerantz LLP announces that a class action lawsuit has been filed against Ideanomics, Inc. (“Ideanomics” or the “Company”)(NASDAQ: IDEX) and certain of its officers.   The class action, filed in the United States District Court for the Southern District of New…

Indian Passenger Vehicle Market Outlook 2020

Domestic sales in the Indian Passenger Vehicle (PV) market declined by 9.1% to reach 3 million units in FY 2020. The study estimates the market size of the Indian PV market, as well as segment forecasts up to 2024, with…

India Allows Sale Of Electric Vehicles Without Batteries

The Ministry of Road Transport and Highway (MORTH) announced that all the states and union territories (UTs) have now been allowed the registration and sale of electric vehicles (EVs) without pre-fitted batteries. The move is likely to provide the necessary…

Volkswagen Chattanooga Growing High-Voltage Lab To Test Electric Vehicle Cells, Battery Packs

Volkswagen Chattanooga is growing its Engineering and Planning Center where it will have a high-voltage laboratory designed to develop and test electric vehicle cells and battery packs. Plans are to break ground soon for the lab aimed at supporting upcoming…

KTM Is Working On A New Electric Motorbike That Could Bridge The Scooter/Motorcycle Gap

KTM has been hard at work on an entire electric two-wheeler platform that is expected to spread the Austrian company’s EV expertise across multiple electric two-wheelers. Last month KTM confirmed that it was working on a project known as EMotion….

Detel, An Indian Tech Start-up Launches ‘World’s Most Economical’ e-two-Wheeler

The electric mobility space around the world is picking up pace at break-neck speeds and with more and more people adopting the new technology, costs are also steadily climbing down. With this in view, Detel – a start-up which has…

Lithium-Ion Battery Maker ATL Plans To Invest Rs 7,000 Crore In India; Buys 180 Acres Of Land In Haryana

In a positive development, Japanese multinational electronic company TDK Corporation owned Amperex Technology Limited (ATL) which manufactures rechargeable lithium-ion polymer (LIP) batteries has acquired 180 acres of industrial land in Haryana, reports Economic Times. ATL’s purchase of 180 acres of…