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

India Looks At A Electric Tractor Boom With Rise Of Manufacturers

The Indian agricultural industry is now slowly catching up to the electric vehicle race with policymakers talking about achieving 30% electric mobility by 2030. Exports claim that these e-tractors offer better torque and power efficiency compared to its diesel counterparts….

Wagoora Youth Opens Showroom-cum-workshop for AMPERE Electric Two-wheelers in Pampore

In a significant stride for Greaves Electric Mobility Private Limited (GEMPL), the company has inaugurated its first dealership in Jammu and Kashmir. Located in the Frestabal area of Saffron town Pampore, the newly established Kongposh Motors Ampere dealership, spearheaded by…

Oben Electric’s Nationwide Expansion Reaches Pune

Oben Electric, a leading homegrown performance electric motorcycle brand, has taken another stride towards revolutionizing sustainable mobility with the launch of its state-of-the-art showroom in the thriving city of Pune. Conveniently situated in the bustling Wakad area, this expansive showroom…

Charge Zone Plans to Invest USD 360 Million for EV Charging Network

Charge Zone has decided to invest USD 360 million in four years for its EV charging network, as it looks to widen its reach of supercharging infrastructure to cater to electric buses, trucks, and personal mobility vehicles nationwide. This fiscal…

Lectrix EV Partners With Flipkart To Launch Affordable LXS 2.0 Scooter

Lectrix EV, the e-mobility arm of SAR Group, has teamed up with Flipkart to launch the Lectrix LXS 2.0 electric scooter. As part of the launch, customers can get Rs 5,000 off on Flipkart. The LXS 2.0 with a battery…

Xiaomi’s Newly-unveiled SU7 EV Quietly Brought to India

Chinese electronics giant Xiaomi has discreetly brought its newly-unveiled electric car, the SU7, to India, potentially eyeing the market for a future launch. The car will be showcased in Bengaluru, although the company has stated there are “no plans” for…

Turkish EV maker TOGG in Talks with Chinese Giant for Production

Zafer Sirakaya, Deputy Chairman of AK Party, announced that Chinese companies are eager to form a production mechanism with TOGG, revealing that talks have begun between TOGG and Chinese company Guangzhou Automobile Group. Speaking to Reuters, AK Party Deputy Chairman…

EV Stock Servotech Power Systems hits Upper Circuit after 15% Rally in one Month

Servotech Power Systems share price has been on an uptrend for one month. Shares of the EV charging solution provider company have risen from around ₹84.50 to ₹97.43 per share, recording more than a 15 per cent rise in this…

Ecofy And Mahindra Last Mile Mobility Partner to Boost Electric Three-wheeler Adoption in India

Ecofy, an Indian green-focused NBFC supported by Eversource Capital, has partnered with Mahindra Last Mile Mobility Limited (MLMML), a subsidiary of Mahindra & Mahindra Ltd. This collaboration aims to enhance the adoption of electric three-wheelers in India by merging Mahindra’s…

Volvo’s U.S. PHEV Sales Outsold EVs By A Ratio Of 9 To 1 In Q2 2024

Volvo Cars USA reported that in June, its car sales in the U.S. decreased by 28% year-over-year to 9,304. The company explained that the results were impacted by “third-party IT-related disturbances that affected retailers across the industry.” Volvo’s plug-in car…