EV Update Media – Electric Vehicle News & Battery Industry Updates

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Month: April 2022

Electric Vehicles Take Center Stage At New York Auto Show

For the 122nd year, the oldest and biggest car show in the United States is back in full gear after the pandemic put the breaks on the annual expo. “It’s been since 2019 we shut down, so it’s been three…

Automotive Wiring Harness Market is topping a valuation of US$ 48 Bn by 2021, And Size, Current Trends, Challenges, Dynamics, Technology and Forecast 2021-2031

Substantial increase in the investment for automated driving activities and development of electric vehicles charging infrastructure across the globe are expected to remain key defining factors in the global automotive wiring harness market. As per FMI’s analysis, the global automotive…

India’s First EV Recall: After Cases Of 2-Wheeler EV’s Catching Fire, Automaker Recalls Thousands Of Vehicles

According to the road transport ministry, the Centre for Fire, Explosive, and Environmental Safety (CFEES) has been tasked with investigating the circumstances surrounding the occurrence and recommending remedial actions. In the first electronic vehicle recall in India, Okinawa Autotech, an…

UT To Select a Firm To Install 100 Electric Vehicle Charging Stations In a Month

In a push to launch its electric vehicle (EV) policy, the UT administration is poised to float a global tender in three to four days to invite eligible companies to bid for installing 100 charging stations across the city. The…

EV Sales Break Record Globally In 2021, Market Share Drastically Up

The market share of electric vehicles around the world increased 41 times in the last 10 years and reached 8.3%. Last year, electric vehicle sales reached 6.75 million, up 108% from earlier. Within the scope of the goals of combating…

GAC Presented With 2021 Best Performance Award By Mitsubishi Motors MEA

General Automotive Company (GAC), the official distributor for Mitsubishi Vehicles in Oman, was recently awarded the ‘2021 Best Performance Award’ in Accessories Sales by Mitsubishi Motors Middle East and Africa (MMMEA). GAC was presented with this coveted award, which it…

MG Motor Plans A Second Plant In India And Rs.5000 Cr Investment

After recently announcing a growth of over 69% in the first quarter of this year over Q4 2021, MG Motor India Private Limited according to reports, is planning to raise up to 5,000 crore in additional funds via external commercial…

Vienna To Stop Buying Combustion Vehicles From 2025

The City of Vienna will no longer procure any new petrol or diesel vehicles for the municipal fleet from 2025 at the latest. Possible exceptions apply to certain special vehicles for which no CO2-free alternatives are available by then. However,…

Germany May End Hybrid Car Subsidies By 2023, Electric By 2025-Sources

Germany’s economy ministry wants to terminate subsidies for plug-in hybrid cars next year while continuing support for buyers of electric cars for a few more years at a decremental annual pace, sources at the ministry run by the ecologist Greens…

Electric Vehicle Battery Market Size To Worth Around US$ 559.87 Bn by 2030

The global electric vehicle battery market size was accounted at US$ 46.03 billion in 2021. The burgeoning sales of the electric vehicles across the globe are expected to significantly drive the growth of the EV battery market during the forecast…