EV Update Media – Electric Vehicles and Battery Industry News & Updates

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Month: February 2024

Ultraviolette Partners With HPCL To Expand EV Charging Network

Ultraviolette, the electric motorcycle manufacturer, has entered into a Memorandum of Understanding (MoU) with Hindustan Petroleum Corporation Limited (HPCL) at the Bharat Mobility Global Expo 2024. This strategic partnership will see the EV brand install fast chargers at key HPCL…

U Power Announces Market Validation Phase of Shared Battery Swapping Solution for Two- and Four-wheeled EVs

U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a vehicle sourcing services provider with a vision to becoming a comprehensive EV battery power solution provider in China, today announced that their shared battery swapping solution designed for both…

iVOOMi Launches Upgrade Program For Its Electric Scooters

iVOOMi has launched a new upgrade, called the Vehicle Upgrade Program, for its entire range of electric scooters. Existing customers can purchase this program for a price of Rs 2,999. The Vehicle Upgrade Program will add various new functionalities to…

Okaya EV Announces Price Reductions Across Entire Product Line-Up

Okaya EV has made a significant announcement by reducing the prices of its entire electric vehicle line-up. This strategic move aims to make electric scooters more affordable, offering discounts up to INR 18,000, with the promotional pricing valid until 29th…

BorgWarner Strengthens eMotor Business With XPeng

BorgWarner has begun eMotor rotor and stator production for XPeng Motors, a leading Chinese Smart EV company. The product will be used on the X9 MPV as well as XPeng’s next electric B-class sedan, with start of production planned for…

JSW Group Sign a Rs 40,000 crore MoU for Integrated Electric Vehicle (EV) & EV Battery Manufacturing Project

The JSW Group, in collaboration with the Odisha government, has formally entered into a Memorandum of Understanding (MoU) to establish an extensive Integrated Electric Vehicle (EV) and EV Battery manufacturing project. This transformative initiative involves an investment of Rs 40,000…

IPO-bound Ola Electric Gets Certification for 2nd E-scooter Under Govt’s PLI Scheme

Bhavish Aggarwal-led Ola Electric has received certification for its S1 Pro (Gen-2) electric scooter under the government’s production-linked incentive (PLI) scheme for the automobile and auto component industry. Sources told IANS on Saturday that the IPO-bound company had applied for…

This $1b EV Nickel Plant Will be North America’s Largest

Canada Nickel Co. is looking to spend US $1 billion to build a nickel processing plant in Ontario, which would be North America’s largest once it is completed. The plant will have the capacity to produce more than 80,000 tons…

EV Two-wheeler Sales Breach FY23 Figures Despite Cut in FAME-II Subsidy

The Centre, on Friday, informed that the electric vehicle (EV) two-wheeler sales have increased in the current financial year 2023-2024 (FY24) at 734,760 units so far, despite reducing the subsidy to 15 per cent of the ex-factory price from the…

MG And BatX Energies Collab to Power India’s First off-grid Solar-EV Charging Station

MG Motor India has announced a cooperation with BatX Energies, a greenfield firm launched in 2020 to build India’s first off-grid solar-EV charging station using reused MG EV batteries. BatX Energies supported by Delhi Research Implementation and Innovation created a…