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: October 2023

LML Acquires Land In Haryana To Establish EV Industrial Park

The land is located just off the Delhi Mumbai Expressway, on the main highway from Gurgaon to Alwar. It is a 65-minute drive from Rajiv Chowk. The newly acquired land will serve as the foundation for LML’s state-of-the-art EV industrial…

Magenta Mobility Partners With Tata Motors To Deploy Ace EVs For Intra-city Deliveries

Magenta Mobility, India’s leading full stack electric fleet operator, forays into the electric four-wheel commercial vehicle segment through a strategic partnership with Tata Motors, India’s largest commercial vehicle manufacturer. The company signed a MoU with Tata Motors to deploy 500…

SK Group Boss Blames U.S.-China Tensions For EV Battery Prices

South Korean billionaire Chey Tae-won said geopolitical tensions between the U.S. and China have kept prices for electric car batteries higher for longer as his conglomerate looks to reduce its reliance on the world’s second-largest economy. “Due to the geopolitics…

Ather Energy To Launch E-scooter 450X iIn Nepal soon

Ather Energy, one of India’s leading electric vehicle companies, plans to export its flagship model 450X to Nepal by partnering with Vaidya Energy, subsidiary of Vaidya’s Organization of Industries & Trading Houses (VOITH), a leading industrial conglomerate in Nepal. Ather…

RecycleKaro Partners Bajaj Auto For EV Battery Recycling

RecycleKaro, a prominent player in sustainable, lithium-ion battery recycling, has announced a strategic partnership with Bajaj Auto for the recycling of lithium-ion batteries. Under this partnership, Recyclekaro will employ its Hydrometallurgy technology to recycle end-of-life batteries from Bajaj Auto vehicles….

Tesla’s Sales Of China-Made EVs Slumped In September

Tesla (TSLA) shares lost ground on Monday after the China Passenger Car Association (CPCA) reported the EV maker sold 74,073 China-made EVs in September, down 10.9% from a year ago. The drop from August was 12%.That followed record-setting deliveries of…

Govt. Of India Demands E-scooter Makers To Refund 500cr Aid For Using Chinese Parts

The Indian Government gave Indian 2-wheeler EV makers all the impetus they needed for making their EVs in India, and even game EV makers massive subsidies. However, a recent investigation found that most 2-wheeler EV makers are sourcing most parts…

Bridgestone India & Tata Power To Install EV Chargers Across India

Automotive products firm Bridgestone India and Tata Power have come together to install EV chargers for four wheelers at Bridgestone dealerships on a pan India basis. These chargers will be operational on a 24×7 basis. Tata Power will be responsible…

Nod Awaited, Agency Starts Building EV Charging Stations In Chandigarh

Even as the Chandigarh Municipal Corporation had rejected a proposal of the UT Administration to set up charging stations for electric vehicles (EVs) at its paid parking lots, the Chandigarh Renewable Energy and Science and Technology Promotion Society (CREST) has…

BMW Says EU Subsidy Probe Into China-made EVs Could Do More Harm Than Good

The European Union’s investigation into subsidies for China-made electric vehicles (EV) exported to Europe could do more harm than good, BMW’s chief financial officer said on Friday, warning of a potentially big backlash from Beijing. Walter Mertl said he did…