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: May 2023

China Prepares To Bolster EV Charging Infrastructure; Tesla Raises Model S, X Prices In China

China has proposed to fast-track the construction of charging facilities for new energy vehicles like electric cars and improve policies for purchasing and using them.  China which boasts of the largest auto market is accelerating toward an electric future.  Improved charging infrastructure for new…

BP Increases Stake In India’s EV-Only Cab Service BluSmart

BluSmart Mobility, an Indian EV-only ride-hailing startup, has raised $42 million. Investors include BP Ventures, the investment arm of the British oil and gas company BP. The funds will strengthen BluSmart’s presence in India and more than double the fleet. …

Tata Motors Delivers 10K Tiago EVs In Less Than Four Months

Tata Motors, which is currently ranked No. 3 after Maruti Suzuki India and Hyundai Motor India, has delivered 10k Tiago.evs in less than four months. This announcement comes shortly after the Tiago.ev became the ‘Fastest Booked EV in India’, receiving…

India’s EV Sales Fall On Month In April

India’s full electric vehicle (EV) sales rose on the year in April, but fell on the month for the first time since December 2022, likely because the government suspended subsidies to two manufacturers.  Indian EV manufacturers sold 111,155 vehicles in…

Wireless Charging For EVs Is Coming Soon — And You’ll Love It

A handful of vehicles with wireless charging are now in production in China and South Korea.  “We hope to have vehicles with factory-installed wireless charging in the U.S. and Europe in the next two or three years,” WiTricity chief marketing…

Japanese Automakers Face Major Sales Crisis In China As Local EVs Dominate Market

Japanese car manufacturers are seeing their sales tumble in China as the nation continues its rapid adoption of electric vehicles, many of which are being built by local companies.  Industry data has revealed that total sales of Japanese auto brands in China fell 32%…

Top 9 EV Charging Station Companies In India

List of top Indian EV (Electric Vehicle) Charging Station Companies are ABB Ltd., BrightBlu, Charzer Tech Pvt Ltd., Delta Electronics Inc., Ensto India Pvt. Ltd., Exicom Tele-Systems, Fortum India Pvt. Ltd. (Fortum Oyj) Ltd and more  An electric vehicle charging…

Charging Infrastructure Important For Transition To EVs

New Delhi: A robust network of charging infrastructure is vital for the transition from internal combustion engine (ICE)-based vehicles to electric vehichles a senior government official said on Thursday. Abhay Bakre, Director General (DG) of the Bureau of Energy Efficiency…

Tesla Raises EV Prices Globally, With The Biggest Increase In China

Tesla has raised prices in its most important electric vehicle markets, including China and the United States, reversing a series of recent price cuts that have pushed the company’s profit margin to the lowest since 2020 and sparked a price war.  The US car…

EV Charging Startup Kazam Raises Rs 30 Crore

Bengaluru-based Kazam, a startup that offers charging solutions for electric vehicles, has raised Rs 30 crore ($3.6 million) in a round led by Avaana Climate Fund. Other investors include Third Derivative and existing investors—Inflection Point Ventures and We Founder Circle. …