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: October 2024

TVS Eurogrip Aims to drive Forward in Premium, Electric 2W Tyre Markets

TVS Srichakra Ltd, operating under the brand name TVS Eurogrip, is poised to build on its success in emerging product segments, including premium two-wheeler and electric two-wheeler tyres, through a comprehensive strategy aimed at maximising the growing contribution of new…

LeafyBus and AMU [NBFC] Join Forces to Drive Electric Mobility by Financing 10 New EV Buses for Inter-City Operations

In a significant push towards sustainable transportation, LeafyBus, a New Delhi-based electric bus operator, has joined forces with AMU to roll out its first fleet of 10 electric buses for inter-city travel. The NBFC will finance these buses and it…

TapFin Signs MoU with IIT Bombay to Foster Innovation and Collaboration in EV Technologies

TapFin, an integrated sustainability tech platform, today announced the signing of a Memorandum of Understanding (MoU) with the EV Powertrain Lab at the Indian Institute of Technology Bombay (IIT Bombay). The collaborative efforts will focus on addressing the challenges in…

A Pioneer Move for Electric Commercial Vehicles: Garrett and SinoTruk sign Letter of Intent to Bring Leading High-speed Electrified Powertrain to E-trucks

Garrett Motion Inc. (NYSE: GTX) and China National Heavy Duty Truck Group Co., Ltd. (SinoTruk) signed a Letter of Intent (LoI) to enhance cooperation in advanced technologies for electric commercial vehicles, aiming to jointly develop leading next-generation E-powertrain for application…

Auto Giants Launch wave of Affordable EVs, Challenging China’s Dominance

At this week’s Paris Motor Show, a number of Europe’s largest automakers debuted affordable electric vehicles (EVs) in an attempt to boost a decline in demand and reclaim some of the market share currently occupied by Chinese companies. The biennial…

Joy e-bike Offers Discounts On E2Ws For The Festive Season

Joy e-bike has launched a range of special offers for its electric two-wheeler customers in celebration of the festive season. The company is offering benefits of up to INR 30,000 on its electric scooter, Mihos, along with additional discounts across…

LG Energy Solution to Supply Batteries to Ford’s Electric Vans in Europe

LG Energy Solution has signed supply agreements with Ford Motor company to power the electrified models of Ford commercial vans in Europe. Under the contracts, LG Energy Solution is forecasted to supply a total of 109 GWh of batteries to…

Kinetic Engineering Boosts EV Investment with Rs-30-Crore Infusion

Kinetic engineering has further bolstered it’s electric vehicle strategy with a Rs-30-crore investment into it subsidiary Kinetic Watts and Volts, following an earlier infusion of rupees 18.5 crores, taking the total capital investment to rupees 48.5. The investments are expected…

Tsuyo Sets up Production Line to Roll Out Powertrains for commercial EV segment

The facility, entailing an initial investment of $8 million, is first of its kind production line in the country to manufacture electric motors for commercial EVs, including trucks, e-buses, e-trailers, and electric construction equipment, the company said in a statement….

Chinese Carmaker GAC Looks at Making EVs in Europe as Tariffs loom

Chinese state-owned carmaker GAC is exploring the manufacture of EVs in Europe to avoid EU tariffs, the general manager of its international business told Reuters on Sunday, joining a growing list of Chinese companies planning local production. The company is…