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

Gogoro is First Foreign Two-wheel Vehicle OEM and Battery Swapping Provider to be Recognized by the Small Industries Development Bank of India (SIDBI)

Gogoro Inc. (Nasdaq: GGR), a global technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, today announced it has been recognized by the Small Industries Development Bank of India (SIDBI) as an empaneled OEM making its registered…

Huawei is Pushing its Tech into the EV World with new Cars, Automaker Partnerships

Chinese telecommunications and smartphone giant Huawei is doubling down on selling its tech in the competitive electric car market. The company has emphasized it doesn’t manufacture cars. Instead, it sells tech components such as its Harmony OS operating system and…

Delhi Government Plans to Allow only Electric Two-wheelers to ply as Bike Taxis

The aggregator policy being finalised by the Delhi government proposes to allow only electric two-wheelers to ply as bike taxis, officials said on Tuesday. The aggregator policy for two-, three- and four-wheelers is in its final stages and will be…

Pepper Motion will Invest ₹4,640 crore in EV Manufacturing Unit at Punganur

Andreas Hager, CEO of the German-based Pepper Motion Company, called on Chief Minister Y.S. Jagan Mohan Reddy at the latter’s camp office at Tadepalli, near here, on November 29 (Wednesday). Pepper Motion, which manufactures electric buses and trucks, is all…

China’s Nio Teams up with Geely on Auto Battery Swapping

Chinese automakers Nio (9866.HK) and Zhejiang Geely Holding Group said on Wednesday they had signed a strategic partnership agreement on battery swapping that would see them work together on standards, technology and model development. The deal makes Geely, whose brands…

E-bus Sales in India will go up to 11-13% by FY25

ICRA points out that the government has sought to boost e-bus adoption through bid aggregation under tenders floated by Convergence Energy Services Limited (CESL). Despite successful OEM participation in the initial tenders, CESL’s third tender faced limited participation due to…

Simple Dot One Electric Scooter Coming this December 15

Bengaluru-based startup Simple Energy has announced that it will be launching the Simple Dot One electric scooter on December 15, 2023. With a price tag of under Rs 1 lakh, the Simple Dot One will directly compete with the Ola…

This Chinese EV Has A Giant TV Inside And Can Measure Disease Risks

The Chinese EV industry is booming. Now Skyworth – the automotive subsidiary of Skywell, an electronics company from China – wants to get in on the game with the new Skyhome, a sleek-looking sedan that will go into production next…

India’s OLA Electric Service Challenges as Demand for Electric Scooters Surges

Bhavish Aggarwal, often regarded as India’s counterpart to Elon Musk, is on a mission to accelerate the adoption of electric scooters and propel India toward a greener future. Aggarwal’s company, Ola Electric, often likened to Tesla in the West, is…

Electric Vehicle Maker Lion Electric Cutting 150 Jobs to Reduce Costs

The Lion Electric Co. says it is cutting 150 jobs or about 10 per cent of its total workforce in a move to reduce costs and improve its ability to reach its profitability objectives. Lion Electric chief executive and founder…