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

Year: 2024

Greaves Finance Limited partners with Eqaro Surety Private Limited to boost Smart.fin for Electric Two-Wheelers

Greaves Finance Limited, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton Ltd., under its 100% ev-focused lending platform evfin, today announced a partnership with Eqaro Surety Private Limited to enhance Smart.fin offering, a buyback and…

Skoda Elroq EV Expected Pricing, Features, and Launch in India

Skoda India is preparing to make a strong impact in the electric vehicle market with a range of EV models, sparking significant anticipation. One of the key highlights is the upcoming Skoda Elroq EV, which marks the brand’s entry into…

Indian Zypp orders 40,000 Electric Scooters from Odysse

With the investment of an unknown amount, Zypp Electric wants to support Odysse’s nationwide expansion so that Odysse can expand its production capacities and dealer network. As part of the investment, Zypp Electric is also ordering 40,000 electric scooters from…

VLF Tennis Electric Scooter Launched in India at Rs 1.30 lakh

VLF has debuted in India with its electric scooter offering, the Tennis. The Italian two-wheeler maker has priced the scooter in India at Rs 1.30 lakh, ex-showroom. The VLF Tennis EV gets angular bodywork overall. Its design is quite minimal…

Global EV Sales up 35% in October, Propelled by China

Global sales of fully electric and plug-in hybrid vehicles increased 35% in October compared to the same month in 2023, driven by a 54% hike in sales in China, according to market research firm Rho Motion. However, it was a…

EHang Announces US$22M PIPE Investment from Strategic Investors

EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced a strategic investment totaling over US$22 million. The investors are Zhuhai Enpower Electric Co., Ltd. (“Enpower”, SZ300681), a Chinese…

Wardwizard Exports e-Trike for Philippines EV Program

Wardwizard Innovations & Mobility Limited (WIML), one of India’s leading electric vehicle manufacturers under the brands ‘Joy e-bike’ and ‘Joy e-rik,’ has successfully developed a customized electric three-wheeler, the e-Trike (Driver + 10), as part of its groundbreaking USD 1.29…

EV Parts Maker Vecmocon Raises $10 million led by Ecosystem Integrity Fund

Vecmocon, a vehicle intelligence company, has raised $10 million led by Ecosystem Integrity Fund (EIF) along with participation from Blume Ventures, British International Investment (BII). The company will use the funding to expand its reach in various segments of the…

IIT Kanpur and Zynetic Join Hands to Develop Next-gen EV Charging Technology

The Indian Institute of Technology Kanpur (IITK) and Zynetic Electric Vehicles Charging Private Limited have entered into a Memorandum of Understanding (MoU) to push the innovation and establishment of advanced AC and DC fast EV chargers. Zynetic, a company involved…

Zelio X Men 2.0 Electric Scooter Launched in India

Zelio Ebikes has launched the updated X Men 2.0 low speed electric scooter in India. It’s priced from Rs 71,500 to Rs 91,500 (ex-showroom) depending on the variant. This comes in just months after the launch of its previous version….