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: November 2022

Electric Car: From Mercedes-Benz EQS To Tata Nexon EV, 6 Best EVs To Buy In India In 2022

Amid the rising pollution in Delhi and elsewhere in India, the demand for electric cars has also started rising in the country. Considering the demand, we have decided to curate a list of electric cars that you can buy in…

EU Cutting €11 Billion In Gas Costs Via Record Growth In Wind & Solar

The Russian invasion of Ukraine has sent one very clear message to Europe — ween yourself off dependence on Russian fossil gas, and gas in general. That led to record growth in wind and solar power this year, and a…

China To Build More Innovative, Reliable Supply Chains

China will step up and push to build more innovative, higher value-added, and reliable industrial and supply chains, as part of the nation’s broader push to help maintain the resilience and stability of global supply chains, a senior official said….

Europe Leans On Asia For ‘Homegrown’ EV Batteries

Europe’s drive to build a homegrown electric vehicle battery industry is hitting roadblocks as investors shy away from giving startups sufficient funding to challenge the Asian companies that dominate the market. With the notable exception of Sweden’s Northvolt, some startups…

BYD Delivered A Record 217,816 EVs In October, Up 169% From Last Year

BYD said on Thursday that it sold 217,816 electric vehicles in China in October, jumping by over 169% year-on-year, and representing an increase of 16,557 units from a month earlier. Vehicle deliveries totaled nearly 1.4 million units from January to…

India’s TVS Motor Misses Q2 Profit Estimates On Weak Exports

Indian two-wheeler maker TVS Motor Company Ltd (TVSM.NS) reported a lower-than-expected rise in second-quarter profit on Friday, hurt by higher expenses and an economic slowdown in a few of its key markets. The company’s profit rose 46.8% to 4.07 billion…

EV Adoption In India Is Being Fueled By Innovation And Investment

The future of mobility is approaching a tipping point. Whenever oil prices rise or climate change is addressed and discussed, EVs are invariably considered as a part of the solution. With several new Indian enterprises entering segments of the EV…

Servotech Secures DC Fast EV Charger Contract From BPCL

Servotech Power Systems Ltd, an NSE-listed EV charging solutions manufacturer, has secured a major project from Bharat Petroleum Corporation (BPCL) to supply and install 800 units of DC fast EV chargers at different locations across the country in the next…

Tesla Price Cuts Are Resulting In Cancellations For China EV Brands

Tesla’s recent price cuts in China are reportedly resulting in “significant cancellations” for Chinese EV brands. However, deliveries are down month-to-month in October. Last month, Tesla announced some significant price cuts for the Model 3 and Model Y in China….

Geely’s Zeekr Plans Electric Vehicle Sales In Europe In 2023

  Zhejiang Geely Holding Group’s (GEELY.UL) premium electric car business plans to sell the first electric vehicle produced under the Zeekr brand in Europe next year, Zeekr’s CEO said. Zeekr joins a growing list of Chinese automakers looking to launch…