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

Effective Policy To Develop EV Charging Stations In HP Soon, Says CM

The Himachal Pradesh government will bring an effective policy to develop electric vehicle charging stations in the state and rope in private operators to set up e-charging stations with a 50 per cent subsidy, Chief Minister Thakur Sukhvinder Singh Sukhu…

EV Startup Ather Energy Bags INR 550 Cr Funding From Hero MotoCorp

Bengaluru-based EV startup Ather Energy is raising INR 550 Cr from existing investor Hero MotoCorp.   Hero MotoCorp, in an exchange filing, said it would invest up to INR 550 Cr in Ather via its rights issue by subscribing to the…

BMW Expects Higher China Sales In 2023, Finance Chief Says

BMW expects to sell more cars in China this year despite a local price war in the electric vehicle (EV) segment, and muted demand overall, the luxury carmaker’s chief financial officer (CFO) said at the IAA car show in Munich. …

EV Cluster To Come Up In Coimbatore

An electric vehicle (EV) motor manufacturing cluster and a common facility centre for electric vehicle motor development and testing will be established in Coimbatore with the support of the Tamil Nadu government.  A press release from the Scientific and Industrial…

Ather Begins Dispatches Of 450S Electric Scooter

Ather Energy has started rolling out its latest electric scooter, the 450S, from its plant in Hosur. The announcement was made by company founder Tarun Mehta on his Twitter account. The 450S saw a launch in August 2023, and is currently…

CATL Launches New Battery That Can Charge An EV In 10 Minutes

Contemporary Amperex Technology Ltd (CATL), a Chinese lithium-ion battery manufacturer, has unveiled its latest innovation, Shenxing, a 4C lithium iron phosphate (LFP) battery capable of rapid charging. The term “4C” denotes the battery’s ability to be fully charged in just 15 minutes. The…

VW-backed Gotion Buys 25% Stake In Slovak EV Battery Startup InoBat

Chinese battery maker Gotion High Tech is buying a 25 percent stake in Slovak battery maker InoBat and will provide supply chain and technology support as the startup scales up production of electric vehicle batteries, the companies said.  The companies did not…

India Is One Of The World’s Fastest-Growing EV Markets. This Is Why

Groceries stashed in the back of an electric delivery scooter are an increasingly familiar sight in the Indian city of Bengaluru. In crowded markets, electric rickshaws drop off and pick up passengers. And the number of tech startups focused on…

The Advantages And Adoption Of Electric Vehicles In B2B Sector

The corporate employment landscape in India is constantly changing. The Labour Bureau’s first Quarterly Employment Survey (QES) in some years provides new information about the situation of Indian workers in organized businesses with more than 10 employees. After a break…

JSW’s New EV Will take on Mahindra XUV400, Tata Nexon EV and Citroen eC3

Singapore-based market analyst Canalys’ data says that the sales of EVs in India jumped 137 per cent to 48,000 units in HICY23 as compared to H1CY22. Sajjan Jindal-led JSW Group is planning to enter India’s competitive EV landscape by launching…