EV Update Media – Electric Vehicle News & Battery Industry Updates

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Month: July 2022

Electric Car Subscription Service Onto Raises $60M USD To Launch European Expansion

All-inclusive electric car subscription service Onto, has raised $60M USD in equity in a Series C funding round led by Legal & General. The round will enable the business to consolidate leadership in the UK and expand into Europe, starting…

Bengaluru Marriott Hotel Whitefield Has Unveiled Its First EV Charging Station

Bengaluru Marriott Hotel Whitefield, a unit of Chalet Hotels Limited has been committed to sustainable initiatives since its inception. Guided by Marriott’s 2025 sustainability and social impact goals and Chalet Hotels Limited’s RE100, EP100, and EV100 initiatives linked to renewable…

Meet the V.MO – Volkswagen Group China Unveils State-Of-The-Art Passenger Drone Prototype

Volkswagen Group China today unveiled its first electric Vertical Take-Off and Landing (eVTOL) passenger drone prototype, as part of its strategy to explore and break new ground in fully electric and sustainable individual mobility concepts. In 2020, Volkswagen Group China…

BP Opens its First Electric Truck Charging Facilities To Support The Decarbonization Of Transport

bp has opened its first ultra-fast-charging facilities aimed at medium and heavy-duty electric trucks to support the decarbonisation of the sector – where, according to the IEAi, tailpipe CO2 emissions have increased on average 2.2% annually since 2000. Operated by…

Electric Two-Wheeler Sales To Increase By 78 Percent Before 2030: Charging Infrastructure To Play Major Role

Electric two-wheeler sales are expected to grow by 78 percent before 2030. A recent study by Redseer claims that the Indian electric two-wheeler segment will witness unforeseen growth if everything goes well and the required infrastructure falls into place. The…

Silk-FAW Confirms Plan To Build Electric Sports Cars In Italy

Silk-FAW, a start-up of U.S. automotive engineering and design firm Silk EV and Chinese automaker FAW (000800.SZ), said on Monday it would press ahead with a plan, worth over one billion euros ($1.02 billion), to build electrified cars in Italy….

Avient Corporation – Two New Polymer Solutions From Avient Launching At The Battery Show, Supporting Sustainability In Battery And Electric Vehicle Applications

At The Battery Show Europe next week, Avient Corporation is introducing two new grades within the reSound™ REC thermoplastic elastomer (TPE) portfolio. Both grades are formulated with polyvinyl butyral (PVB) recycled from automotive glass by Shark Solutions. Also announced will…

Moto Business Service To Handle Electrical Autos Of FullFily

Moto Business Service India, a leasing agency of Yamaha Motors, on Monday introduced a partnership with Chennai-based FullFily, marking its foray into electrical two and three-wheelers asset administration companies. Under the partnership, Moto Business Service India (MBSI) will handle electrical…

Electric Two-Wheeler Adoption Gaining Traction In Semi-Urban, Rural Markets: Shriram City MD & CEO

Even as the overall sales of two-wheelers have not returned to pre-COVID levels and that people are also postponing their purchases due to higher running costs with petrol becoming costlier, a lot of demand is coming from rural and semi-urban…

Electric Vehicle Adhesives Market Size To Surpass USD 3.4 Bn By 2030

The global electric vehicle adhesives market size is projected to surpass around USD 3.4 billion by 2030 from valued at USD 0.5 billion in 2021 and growing at a CAGR of 23.74% from 2022 to 2030. The global electric vehicle…