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: 2023

China Curbs on Graphite Could roil EV Supply Chain in the U.S.

A move by China that could curtail exports of graphite may throw a wrench into the supply chains of electric vehicle and battery makers that rely on highly processed versions of the mineral to help power their fleets of plug-in…

E-Bike Market Projected to Reach $77.2 Billion by 2028

The global E-Bike market is projected to reach USD 77.2 billion by 2028 from USD 51.5 billion in 2023, at a CAGR of 8.4% from 2023 to 2028. The growth in the E-Bike industry is expected mainly because E-Bikes offer…

New Electric Scooter By Liger Mobility: Liger X+ Offers An Impressive 125 Km Range

As the demand for electric scooters continues to surge in the Indian two-wheeler market, Mumbai-based Liger Mobility is gearing up to introduce its EV scooter. The company is set to launch two variants, the Liger X and Liger X+, with…

China Says It Will Restrict Key Material In EV Batteries: Tesla Moves Lower

China’s Ministry of Commerce and General Administration of Customs announced Friday that it will begin restricting exports of graphite, a key component of electric vehicle batteries. What Happened: Many EV companies, including Tesla, traded lower Friday, potentially on the news…

AP Govt to Set Up 400 EV Sharging Stations

Aligning with India’s net-zero emissions goal by 2070 Offering State govt employees 1 lakh EVs on EMI with incentives Establishment of 400 EV charging stations across the state Vijayawada: Andhra Pradesh has adopted a multi-pronged strategy to usher in electric…

Samsung SDI To Supply EV Batteries To Hyundai Motor Starting 2026

South Korea’s Samsung SDI (006400.KS) said on Monday it will supply Hyundai Motor (005380.KS) with electric vehicle (EV) batteries for seven years starting 2026, marking the first battery supply deal between the two companies. “The latest supply deal marks the…

Svitch CSR 762 Electric Bike To Hit Market In 90 Days

Svitch MotoCorp has announced that it will bring out its first electric motorcycle– the CSR 762–- in the market within the next 90 days. The motorcycle was showcased almost two years ago and was scheduled to make its debut in…

US-China Trade War Escalates, Potentially Driving Up EV Prices

US-China , Trade War Escalates, , Potentially Driving Up EV Prices. Prices for electric vehicles (EVs) in the United States may surge higher as a result of China’s new export controls on graphite, an essential material for EV batteries. On…

RACE Energy Partners With LOHUM For EV Battery Recycling

RACE Energy, an India-based deep-tech electric vehicle (EV) infrastructure company specializing in battery swapping has announced a strategic partnership with LOHUM, a leading producer of sustainable energy transition materials through recycling and refining. This partnership aligns with the Extended Producer…

Chinese EV Battery Giant CATL Reports Sharp Slowdown in Profit Growth

China’s CATL (300750.SZ), the world’s largest battery maker for electric vehicles (EV), said on Thursday that third-quarter profit rose 10.7%, its weakest quarter since the start of last year as slowing demand and stiff competition hit. This compared with a…