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: July 2024

VW Anhui Launches ID.UNYX, its 1st EV Model in China, Starting at $28,900

Volkswagen Anhui, the Chinese joint venture majority-owned by German carmaker Volkswagen, has officially launched its first electric vehicle (EV) model, the ID.UNYX, in China to tap the world’s largest and most competitive EV market. Volkswagen Anhui rolled out the ID.UNYX,…

Kinetic Green CEO Urges govt for Continued Support to Achieve EV Penetration of 30% by 2030

As the Government gets ready to present the Budget, Sulajja Firodia Motwani, Founder and CEO of Kinetic Green, has emphasised the need for substantial measures to meet the ambitious target of increasing electric vehicle (EV) penetration from the current 6…

Greaves Electric Mobility Unveils Eltra City E3W At INR 3,67 Lakh

Greaves Electric Mobility has announced the company’s electric 3-wheeler passenger vehicle, the Greaves Eltra City, now available at a price of INR 3,66,999 (ex-showroom). The range of 160 km ensures uninterrupted travel and increased profitability for drivers. The Eltra City…

GAC Aion Opens its First EV Assembly Line Outside China in Rayong

The company said the initiative aligns with its plan to expand into global markets and establish a new production base in Southeast Asia. The EV assembly plant in Thailand is situated in the Amata City Industrial Estate, within the Eastern…

Despite poor infra, electric vehicle sales on the rise

Poor infrastructure for electric vehicles (EV) in the city has failed to dampen the spirit of buyers. Since the implementation of the EV Policy in September 2022, as many as 3,281 electric two-wheelers and 1,785 four-wheelers have been registered in…

EV Financing Startup Perpetuity Capital Raises Rs 7 crore through NCDs

Cleantech Mobiltiy-focused fintech startup Perpetuity Capital has raised Rs 7 crore through Non-Convertible Debentures (NCDs). The funding round was led by N+1 Capital and RevX Capital, both of which are prominent debt funds supporting small and medium enterprises (SMEs) and…

Statiq and BPCL Team up to Power 2,800 New EV Chargers Across India

Statiq, India’s leading electric vehicle (EV) charging network, has partnered with Bharat Petroleum Corporation Limited (BPCL) to accelerate the adoption of electric vehicles in India. This strategic collaboration includes the development of a bespoke app for BPCL and the integration…

BYD India Partners with ASDC To Launch EV Innovate-A-Thon

BYD India has introduced the BYD EV Innovate-A-Thon in partnership with the Automotive Skill Development Council (ASDC). This initiative aims to foster innovation and sustainability among engineering students in India, encouraging them to develop cutting-edge solutions in the electric vehicle…

Daewoo India Launches Two-wheeler Battery With Korean Technology

Daewoo India, a Korean brand with a presence in 110 countries, has launched Super Power AGM VRLA Silver+ battery with ‘Korean Technology’ for two-wheelers. Fit for motorcycles and scooters across India, the battery combines maintenance-free technology with high power output,…

China’s Leapmotor Aims to Take EVs Global with Stellantis Deal

CHINESE electric vehicle (EV) maker Leapmotor is little known outside its home country, and even there it is overshadowed by bigger players such as BYD and Tesla. But co-founder and chief executive officer Zhu Jiangming expects that to all change…