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: May 2024

Lectrix EV to Supply 500 EVs to Jumppers’ Green Fleet for Last-mile Delivery Service

Lectrix EV, a leading 2WEV company, has formed a strategic partnership with FYC Tech Pvt Ltd, popularly known as Jumppers, a pioneering last-mile delivery venture utilizing an electric fleet. Under this collaboration, Lectrix EV will supply 500 electric vehicles to…

Incharz to Set Up EV Chargers Network Across India for 3ECO Fleet

Incharz, an EV Charge Point Operator, has signed a Memorandum of Understanding (MoU) with 3ECO, a manufacturer of L-3 and L-5 cargo vehicles and an EV Cargo Fleet Operator, to develop exclusive EV charging stations for 3ECO’s entire fleet across…

MG Motor India And HPCL Unite To Strengthen India’s EV Charging Infrastructure

In an important step towards promoting sustainable transportation, MG Motor India and Hindustan Petroleum Corporation Ltd. (HPCL have joined forces to boost India’s electric vehicle (EV) charging infrastructure. This strategic partnership aims to install fast chargers across the nation, making…

NSE Sparks EV Investment With First Electric Vehicle Index

NSE Indices Ltd., a subsidiary of the National Stock Exchange, has introduced the Nifty EV and New Age Automotive index. This thematic index aims to monitor companies engaged in the electric ecosystem or involved in developing electric vehicles, hybrid technology,…

Bounce Infinity E1X Launched At Rs 55,000 With Battery Swapping Technology

Bounce Infinity has launched a new variant of its E1 electric scooter, called the Bounce Infinity E1X and it comes with battery swapping technology. The scooter is available in two sub-variants: standard E1X and E1+X, priced at Rs 55,000 and…

Oben Electric to Set up 50 New Showrooms and Service Centres in 12 Indian cities

In Delhi, Oben Electric has set up a new showrooms in Pitampuram, while the retail outlet in Pune is located in the Wakad area. In Kerala, dealership showrooms have been inaugurated in Kochi and Trivandrum, augmenting the brand’s penetration in…

BluSmart Plans to Raise Over $300 mn in Three Years; Expand Fleet to 25,000 EVs

BluSmart, India’s biggest electric car operator, is planning to raise more than $300 million in three years as it wants to expand its fleet by thousands of cars. The company aims to increase its fleet of electric vehicles to take…

Canada Mulls Chinese EV Tariff Following U.S. Move but is Not Committing to it

Canada is looking at the massive new U.S. import tariffs on Chinese-made electric vehicles imposed by President Joe Biden earlier this month, but is not making any commitment to following suit north of the border. Chinese brands are not a…

EV Startup Zypp Electric Raises $15 Million from ENEOS, 9unicorns, IAN Fund, Others

EV startup Zypp Electric has raised $15 million in its Series C funding round led by Japanese major ENEOS, part of its ongoing $50 million round which is split into $40 million equity and $10 million debt. Announcing the fundraising…

Hyundai Motor India Launches First 180 kW DC Fast EV Charging Station in Chennai

Hyundai Motor India Limited (HMIL) has announced the inauguration of its first 180 kW DC fast public electric vehicle (EV) charging station in Chennai, Tamil Nadu. This station features both 150 kW and 30 kW connectors. Located at Spencer Plaza…