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: December 2020

China Issues Blueprint For Development Of New Energy Vehicle Industry Through 2035

As the incoming Biden Administration prepares to assume office and fulfill campaign promises to support significant spending in the zero emission vehicle industry—including in the construction of hundreds of thousands of electric vehicle chargers, and in the development of stringent…

Ricardo Monitoring Technology Aims To Reduce Electric Vehicle Battery Failures

Ricardo has been awarded funding from the Office of Low Emissions Vehicles (OLEV), in partnership with Innovate UK, for a research and development project which seeks to improve electric vehicle battery life, performance and resilience. Green economic recovery programmes across…

Bolt Technology Invests In London Electrification

The Estonian ride-sharing company Bolt Technology plans to channel £250,000 into measures to encourage UK drivers from their network to transition to electric vehicles, including the installation of 500 new charging points in London. In the eyes of the ride-hailing…

Aptera Showcases New Electric Car That May Never Need To Be Charged

After shutting down in 2011 due to lack of funding, Aptera has now come back with a new electric car, one they say will probably never need charging. Back in 2011, the company had tried to secure a $150 million…

QuantumScape’s Battery Technology Is Huge for EVs

Battery start-up QuantumScape is playing host to a battery technology day on Tuesday. Quantum’s technology could be game changing for the electric-vehicle industry and for the company’s stock. But the technology and the company are new, so investors have to…

Germany To Extend Electric Car Subsidies To 2025

Germany will extend its enviromental subsidy for electric cars until 2025. A source informed, a day ahead of a German auto industry summit in Berlin. The existing tax incentive scheme – often referred as an environmental bonus (Umweltbonus genannt) is…

UK Startup Britishvolt Picks Site For $3.5 Billion Vehicle Battery Plant

Electric vehicle battery startup Britishvolt said it had selected a site in northern England to build a £2.6 billion ($3.5 billion) factory that should start production in 2023. The company, which so far has said it has raised about £10…

India Can Save Rs 1 Lakh Crore On Crude Oil Imports By Meeting 30% EV Penetration Target: Study

India can save on crude oil imports worth more that Rs 1 lakh crore ($14 billion) annually if electric vehicles (EVs) are to garner 30% share of country’s new vehicle sales by 2030, according to an independent study released by…

India Plans To Energise Electric Car Segment With Charging Kiosks Across 69,000 Petrol Pumps

Union Minister of Road Transport and Highways & MSME Nitin Gadkari, said the government is trying to create an ecosystem to accelerate the uptake of electric vehicles in the country. Addressing a virtual conference ‘9th Edition of Auto Serve 2020‘Electric…

Ola To Hire 2,000 To Fuel Electric Venture

Ride-hailing firm Ola aims to double the current headcount of around 2,000 people at its electric vehicle (EV) business in the next six months, said two people aware of the developments, which will potentially make it the largest vertical in…