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

Year: 2022

Electric Off-Road Vehicle Market To Reach USD 2,234 Million By 2028, Growing At a CAGR Of 18.9%

North America garnered more than half of the market share in 2021. The growth of the region can be attributed to the high regional market share. Additionally with the existence of various established market players including Polaris, Inc., Deere &…

Ola Electric Edges Rivals To Claim Top Spot Among Indian E-Scooter Firms

Ola Electric has grabbed the top spot in the fast-growing electric vehicle (EV) market in India, in just five months of launching its first e-scooter. According to the government’s Vahan portal data, Ola registered 12,689 e-scooter units in April, higher…

Yamaha On The Fast Track With Electric

It is four months now since Eishin Chihana took over as Chairman of Yamaha Motor India group but he has already seen enough during this time to understand the potential of this humongous market. Even while two-wheeler sales across the…

Daimler Buses Wants To Sell Only Electric City Buses From 2030

Daimler Buses wants to offer CO2-neutral vehicles in all segments in Europe and Latin America by 2030 and only sell all-electric vehicles for city buses in Europe. To achieve this, there will be a new series and updates for existing…

Chinese EV Company CH-AUTO To Go Public Via $1.7 bn SPAC Deal

Chinese electric vehicle company CH-AUTO Technology Corp. Ltd. said on Monday it had agreed to go public with a US blank-check firm in a deal valued at nearly $1.7 billion, including debt, according to Reuters. The deal with Mountain Crest…

Triton EV Acquired AMW Motors Manufacturing Facility of 3.7 Million Square Feet in Bhuj, Gujarat

Triton EV is moving ahead on top gear to enter Indian roads. Today, the company is proud to announce that it has acquired the AMW’s Manufacturing Plant in Bhuj, Gujarat. This 3.7 Million Sq foot manufacturing plant infrastructure will become…

Private Operator Gets Nod To Run Electric Buses On Bhopal-Indore Route

The Madhya Pradesh transport authority has granted permission to a private operator to run air-conditioned electric buses between Bhopal and Indore. The move is expected to cut carbon emissions by reducing the number of vehicles using conventional fuel on the…

GM Continues To Book Profit Amid Headwinds, Looks To Execute EV Strategy

General Motors Co. CEO Mary Barra says the company is in “execution mode” for its electric vehicles and again touted its plans while reporting a first-quarter profit Tuesday — the same day crosstown rival Ford Motor Co. celebrated the launch…

Tata Bags e-Bus Tender For 5450 Electric Buses

In the biggest largest electric bus tender in India, the country’s homegrown automotive manufacturer Tata Motors has emerged as the lowest bidder for the 5,450 electric bus tender valued at Rs. 5,000 crore. Convergence Energy Services Ltd. (CESL) issued the…

NIO Inc. Provides April 2022 Delivery Update

NIO Inc., a pioneer and a leading company in the premium smart electric vehicle market, today announced its April 2022 delivery results. NIO delivered 5,074 vehicles in April 2022. The deliveries consisted of 4,381 premium smart electric SUVs, including 1,251…