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

Month: April 2024

Janet Yellen Voices Concern About EV Overproduction to China’s Vice Premier

U.S. Treasury Secretary Janet Yellen told China’s Vice Premier He Lifeng on Friday that the two countries should closely communicate on industrial overcapacity and economic actions related to national security as among issues of concern. Yellen’s remark at the opening…

Electric Transport pioneer Byby e-Rickshaw and Digital Lender Revfin Sign MoU for E-rickshaw Finance

Electric Transport pioneer ByBy e-Rickshaw and Digital Lender Revfin ink MoU for e-rickshaw finance, E-rickshaws and e-loader finance can be done in a smooth way. Opportunity to create self-employment for people living in small cities, towns and tehsils gets eased….

IPO-bound Ather Energy Launches its First Family Scooter ‘Rizta,’ Priced Rs 1,09,999 Onwards

Ather Energy, known for its electric two-wheelers, has introduced its latest offering, the ‘Rizta,’ marking its entry into the family scooter segment. The pre-order price for this scooter begins at Rs 1,09,999. Tarun Mehta, Co-Founder and CEO of Ather Energy,…

Greaves Cotton Unit Inks EV Tech Transfer Agreement With Parts Maker Tsuyo

Greaves Retail, the retail arm of engineering company Greaves Cotton, on Friday (April 5) announced that it has entered into a strategic technology transfer pact with EV parts maker Tsuyo Manufacturing to make components for low-speed three-wheelers. “Greaves Retail, the…

Kia India To Bring Carens EV And Clavis EV

Kia recently revealed the road map for its EV plans as it goes full steam ahead with the launch of two mass-market EVs for India. The carmaker will first bring premium EVs starting with the EV6, which is already present…

DS Group Sets up Solar-powered EV Charging Stations for Employees

Dharampal Satyapal Group (DS Group), a multi-business corporation and a leading FMCG conglomerate announced the installation of electric vehicle (EV) charging stations powered by solar energy in the open parking area at its headquarters in Noida. This move is part…

CMA CGM Joins Renault and Volvo in Flexis Electric Truck JV

CMA CGM has joined the Flexis electric light van manufacturing joint-venture, formed between carmakers Renault and Volvo last month. The French container shipping line announced this morning it had invested €120m in Flexis SAS to acquire a 10% stake in…

BYD Plans to Launch First Electrified Pickup Truck This Year

CHINESE electric vehicle (EV) juggernaut BYD plans to launch its first electrified pickup truck for the global market later this year, throwing down the gauntlet to Toyota Motor’s popular HiLux, Ford Motor’s Ranger and Isuzu Motors’s D-Max. Photos released by…

Zypp Electric Registers 3X Revenue Growth in FY24

The company also claims to have achieved a remarkable 396% compound annual growth rate (CAGR) from 2019 to 2022. The company further stated that it has achieved operational profitability and will breakeven in the next 12-18 months. Zypp Electric has…

AMO Mobility Launches New Jaunty i Pro High-Speed EV Two-Wheeler, Plans to Manufacture 30,000 Vehicles by FY24-25

AMO Electric Bikes unveils a new Age high-speed electric two-wheeler model Jaunty i Pro with Smart BMS, CAN 2.0B protocol, 12-inch tyre, combi Braking System , smart Speedometer with safety buzzer. Powered by high Efficiency BLDC hub motor which generates…