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

BYD Files Trademark For Seagull Electric Hatchback In India

Chinese electric vehicle giant BYD has filed a trademark for its Seagull electric hatchback, hinting at its plans to bring the car to Indian shores. The Seagull was globally unveiled back in April 2023, at the Shanghai 2023 Motor Show as the…

Siemens To Help Digitally Transform Ceer’s EV Development Process

Ceer, Saudi Arabia’s first electric vehicle brand, announced on Tuesday that it is collaborating with Siemens Digital Industries Software to accelerate Ceer’s digital transformation.  Under the collaboration, Ceer’s engineers to design and build next-generation electric vehicles using the Siemens Xcelerator…

EV Battery Market Holds Steady Amid Downtrend In Lithium Salt Prices

Electric vehicle (EV) battery prices in China demonstrated stability, with lithium salt prices registering a marginal decline, in July. The prices of EV square ternary cells, LFP cells, and pouch ternary power cells during the month remained relatively consistent with…

Mahindra Reveals Electric Jeep Wrangler-rivalling Concept

Mahindra has shown off a wild electric concept version of its boxy Thar off-roader at an event in South Africa, alongside the Global Pik-Up concept.  Dubbed the Mahindra Vision Thar.e, this electric off-roader looks nothing like the combustion-powered Thar revealed in 2020. From some angles…

Ola Launches S1X Electric Scooter At Introductory Price Of Rs. 79,999, Deliveries To Begin By December

Ola Electric on Tuesday launched its new entry-level electric scooter S1X with an introductory price of Rs 79,999 as it accelerates its challenge to conventional engine counterparts.  The company also showcased its four electric motorcycles which will be launched towards the…

China Evergrande EV Unit To Issue Fresh Shares In Restructuring Plan

Embattled property developer China Evergrande Group said on Monday (Aug 14) its listed electric-vehicle arm has agreed to issue new shares to certain subscribers to ease loan burden and improve liquidity as part of its restructuring proposal.  Under the terms,…

Hyundai partners Chinese EV firm for charging services in China

Hyundai Motor Group said on Monday it has partnered with Chinese electric vehicle (EV) charging service information provider NaaS Technology for future EV charging business opportunities.  Hyundai signed an initial pact with Naas at the Chinese firm’s headquarters in Beijing on Monday to jointly develop customized EV…

Joy E-bike Becomes Title Sponsor For India Tour Of Ireland

Wardwizard Innovations & Mobility Ltd., the manufacturer of electric vehicles under the brand ‘Joy e-bike’, has announced its association as ‘Title Sponsor’ with the India Tour of Ireland 2023.  “This significant collaboration will recognize the tournament as the ‘Joy e-bike…

India Likely To Cancel Major Electric Bus Tender

The third tender for 4,675 electric buses for India, published in January 2023, is likely to be a flop. Apparently, there was not much interest from the industry – because of the financing model chosen in the tender.  As reported…

Chery & Huawei’s Luxeed EV Unveiled in China

The Luxeed pure electric sedan, which Huawei and Chery jointly developed, has garnered a lot of interest in the Chinese auto industry & motoring press alike.  Soon after Yu Chengdong, Executive Director of Huawei, made the announcement, Luxeed’s official photographs…