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

Skoda Plots Sub-Rs 20 Lakh Electric Car For India

The Volkswagen Group has previously signalled its intent to introduce electric vehicles (EV) in India, and now, member company Skoda Auto has confirmed it is plotting a new, affordable battery-powered model for the Indian market. Speaking to car&bike and another…

India’s Strength In Ev Cells, Minerals Processing: IISD

India has the potential to occupy a vital role in the global electric vehicle (EV) battery supply chain by expanding mineral processing and producing battery cells but challenges remain, according to think-tank the International Institute for Sustainable Development’s (IISD).  The…

Hyundai And Kia Slash Electric Vehicle Prices Amid Intensifying Ev Price War In Home Market

In an “EV Sale Fiesta,” Hyundai and Kia plan to cut prices on several electric vehicles amid an ongoing price war in Korea. The planned EV price cuts will run until the end of the year.  “We plan to prepare various discount…

Jsw In Talks With Lg Energy Solution To Make Ev Batteries In India

Indian steel-to-energy group JSW is in early stage talks with Korea’s LG Energy Solution (LGES) about jointly manufacturing batteries in India, two sources told Reuters, as it presses ahead with plans to build electric vehicles locally. JSW held talks with senior LGES executives in…

GAURA ELECTRIC TO INTRODUCE NEW ELECTRIC SCOOTERS

Tamil Nadu based Gaura Electric Vehicles Pvt Ltd, an electric vehicle manufacturer and a leader in the non-registration segment, with a strong R&D foundation in the EV Industry since 2011, is preparing to launch its groundbreaking high-speed scooters.  These cutting-edge…

Ford Halts Work On $3.5b Ev Battery Factory With China’s Catl

Ford confirmed Monday it has immediately stopped work at a $3.5 billion factory in Michigan that was supposed to make cheaper lithium iron phosphate batteries using tech from China’s CATL.  “We’re pausing work and limiting spending on construction on the Marshall project…

Indian Two-Wheeler Company TVS Launches First Electric Scooter in Colombia

Indian motorcycle giant TVS has expanded its global footprint by launching the TVS X electric scooter in Colombia, only a month after its Indian debut. The scooter’s arrival could be a turning point for the Latin American country, where electric two-wheelers are still a…

Ime Vehicle Showcases Its Electric Two-wheelers At Up International Trade Show 2023

IME Vehicle, an electric vehicle manufacturer, announced its participation in the UP International Trade Show 2023, being held from September 21st to 25th in Greater Noida. The exhibition, organized by the Uttar Pradesh government, serves as a platform for IME…

Germany Supports China Evs Probe

Germany expressed its support for the European Union’s anti-subsidy probe into Chinese electric vehicles, while making it clear that the burden of proof will be “very high” if the investigation is to lead to concrete action.  “It’s very natural that…

Ather Energy’s Losses Up 2.5 Times To Rs 864.5 Crore Roc Data Shows

Bengaluru-based EV startup Ather Energy has reported a loss of Rs 846.5 crore in FY23, according to the financial statements filed with the Registrar of Companies (RoC). Hero MotoCorp‘s backed Ather Energy’s losses surged over 2.5 times as compared to Rs 344.1 crore…