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

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Month: March 2024

A Quarter Of EVs Sold In Europe This Year Will Be Made In China, NGO Predicts

In Europe, electric vehicles made in China are common, even though it might not seem like it at first. Last year, out of the roughly 300,000 EVs sold in the European Union, 19.5% were made in China, and that number…

Zetwerk Bags Largest Order From Indian Oil to Set up Over 1,400 Fast Chargers for EVs

Manufacturing unicorn Zetwerk on Thursday said it has bagged the largest order from India Oil Corporation to set up over 1,400 fast chargers for electric vehicles across the country. Indian Oil has floated a tender for 6,000 chargers, in which…

Electric Vehicles: India’s Share in Global PV Market May Rise to 7% by 2040

A latest estimate by Goldman Sachs has stated that India’s share of the global electric passenger vehicle market may go up to 7.1 per cent by 2040 from the current level of 1 per cent in 2024. As per estimates…

Karnataka to Set up EV Charging Stations in RTO Offices And Highways

An electric vehicle (EV) charging station at a Bescom office in Bengaluru. Bengaluru Urban district has 4,281 charging stations, constituting 85% of the total charging infrastructure within Karnataka. An electric vehicle (EV) charging station at a Bescom office in Bengaluru….

Fairdeal Motors Launches Ace EV for Sustainable Intra-city Cargo Transport in Jammu

Fairdeal Motors and Workshop Pvt Ltd, an authorized Tata Motors commercial vehicle dealer in Narwal, Jammu, have begun delivering the all-new Ace EV, India’s most advanced zero-emissions four-wheel small commercial electric vehicle. The first fleet was delivered to customers in…

Xiaomi Takes Aim at Tesla in Chinese Auto Market with $29,870 Electric Car

Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla’s Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China. During the…

Tata Passenger Electric Mobility And HPCL Partner To Optimize EV Charging Infrastructure

In an effort to improve the experience of EV owners across India, Tata Passenger Electric Mobility (TPEM) on Wednesday signed an MOU with Hindustan Petroleum Corporation (HPCL) to establish public charging stations across India. The collaboration will leverage HPCL’s widespread…

Maruti Plans to Introduce its First EV through NEXA

Maruti Suzuki India Ltd. has been planning to launch its first electric vehicle in 2025 through its premium and luxury channel, NEXA. eVX will be the carmaker’s first electric vehicle in India. The EV will be powered by a 60…

DG Innovate Enters MoU With EVage to Establish JV in India for Production of Pareta E-drives

DG Innovate plc (LON:DGI), the advanced research and development company developing pioneering solutions in sustainable mobility and energy storage, has announced the Company has entered into a Memorandum of Understanding (“MoU”) with EVage Automotive Pvt. Limited, an Indian electric vehicle…

Nissan Unveils Plan To Shrink EV Production Costs

Japanese auto giant Nissan said Monday it will slash production costs for next-generation electric vehicles by 30 percent as it competes with fast-growing Chinese rivals. By 2030, Nissan aims to make electric models at the same price as traditional combustion…