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: July 2023

EVangelise’23, India’s Largest EV Innovation Challenge, Launched By iCreate With Top Indian Automotive Leaders

Ahmedabad (Gujarat) [India], July 4: iCreate (International Centre for Entrepreneurship and Technology), India’s leading innovation-based start-up incubator, launched the third edition of EVangelise, India’s largest EV innovation challenge, on June 27th in Ahmedabad. The launch event took place in the…

Electric Vehicle Sales Surge 66% YoY In Q2 2023 With 371,340 Units Sold

Electric vehicle (EV) sales in India reached 371,340 units in the second quarter (Q2) of 2023, a year-over-year (YoY) increase of 66% compared to 223,293 units sold in the same period last year.  Sales increased by 6% compared to 349,676 units sold…

Tata Motors Will Increase The Price Of Passenger Vehicles From July 17

New Delhi, 03 July (Hindustan Times). Tata Group company Tata Motors has announced an increase in the prices of its passenger vehicles from July 17. The hike will be applicable across all models and variants of the company.  Tata Motors…

EVs Power The Market Higher, US-China Diplomatic Green Shoots Sprout

Asian equities had a strong start to the month as growth stocks and sectors outperformed.  Hong Kong and Mainland China benefitted from news that Janet Yellen will visit China this week as green shoots in US-China relations continue to sprout,…

Magenta Mobility launches India’s First EV Charger With 12 Charging Outputs

Magenta Mobility announced the launch of PLENT, an innovative charging solution aimed at meeting the increasing demand for safe, intelligent, and cost-effective EV charging. PLENT will significantly reduce the cost per charging point, particularly benefiting fleet operators and residential societies. PLENT is…

As Demand For EV Batteries Picks Up, Makers Eye Lithium Reserves

Last year, Coimbatore-based electric two-wheeler (E2W) maker Boom Motors literally faced the heat after one of its bikes caught fire.  This occurred at a time when similar accidents in bikes made by other E2W makers were grabbing headlines.  As a…

Ather Electric Scooter Sales Decline By 57% In June 2023

Ather Energy registered 6,479 unit sales in June 2023. While the figure represents a growth of 101 per cent over June 2022, it is significantly lower than the previous month when it sold 15,256 units, down by 57 per cent….

Tresa Motors Unveils India’s First Electric Truck For The Global Market

Bengaluru-based Tresa Motors on July 3 unveiled its first electric truck, the Model VO.1, based on its axial flow motor platform: FLUX350.   Currently, there is a fleet of 2.8 million trucks in India, accounting for 60 percent of emissions,…

Sales surge for three emerging Chinese Tesla competitors as BYD takes the lead.

Hong Kong, not only China-based BYD, which is now a formidable electric car-maker, but three other Tesla rivals have also seen their sales surge in June in China as demand for EVs comes back on track. According to a report in the South China…

XPeng G6 — Wicked New Electric, Intelligent SUV For $29,000

XPeng has officially launched its much-awaited G6 SUV in China, with pricing set to undercut the Tesla Model Y. Boasting over 100 advanced features and fast-charging support, XPeng G6 aims to become a true best-sellerin the new-energy SUV market.  The auto manufacturer…