EV Update Media – Electric Vehicles and Battery Industry News & Updates

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EV Update Media

Hyundai Motor India Partners with Shell India to expand EV-charging Infrastructure in India

The collaboration with Shell India is a part of Hyundai’s EV charging infrastructure expansion plan for providing customer-centric solutions towards a cleaner and greener future through the adoption of environment-friendly Battery Electric Vehicles (BEV). Shell India will also consider installing DC…

Emissions Reductions Of Chinese EVs

Newswise — Chinese electric vehicles (EVs) drive larger emissions reductions over time, due to increased operating efficiency and a greener electricity mix, according to a study. More than 10% of Chinese car sales are now electric, but the full life…

LME Works With Chinese Commodities Exchange To Launch EV Battery Metal Contracts As Demand

Qianhai Mercantile Exchange (QME), a Chinese commodities trading platform, is working with its sister company, the London Metal Exchange, to launch battery metal contracts.  The bourse, owned by Hong Kong Exchanges and Clearing (HKEX), was studying the possibility of offering investors…

India To Open Lithium Reserves For Auction Later This Year

The Indian government is expected to initiate auction of mining rights for lithium reserves later this year.  The Indian government will offer mining rights for lithium reserves in Jammu & Kashmir later in 2023. The focus of the auction will…

India Ripe Target For EV Companies But Domestic Take Up Slow

India is a ripe target for electric vehicle firms as the third-largest auto market in the world but due to slow domestic takeup, no Indian company is likely to have a meaningful global share of electric vehicles in the foreseeable…

Citroen eC3 Aircross 7-Seater EV Launch In India Soon

The new Citroen C3 Aircross SUV is set to go on sale in India in the second half of 2023. Now, recent reports suggest that the French carmaker is also planning to introduce an electrified version of the SUV soon….

Ford To Scale Back China Investments Amid EV Competition From Local Rivals

Ford plans to scale back future investments in China, as the US carmaker’s chief executive warned there was “no guarantee” western carmakers could win against local electric-vehicle rivals.   The company will “put less capital at risk” by focusing on…

Wang Chuanfu And BYD: Revolutionizing The Electric Vehicle Industry

Everyone has heard of Tesla CEO Elon Musk and the way he is changing the automobile industry. Entrepreneur Li Shufu is also well known as he is the force behind Zhejiang Geely Holding Group which controls many OEMs including Volvo Car Group…

MG Comet EV Bookings Open; Prices In India Start At Rs. 7.98 Lakh

MG Motor India has commenced bookings of the Comet EV in the country today for Rs. 11,000. The Halol-based carmaker announced the prices of the small EV last month, which start at Rs 7.98 lakh (ex-showroom). Deliveries of the Comet electric vehicle will begin in…

Tata Punch EV Spotted For The First Time Ahead Of India Launch

Tata Motors will launch the EV version of the Punch in India shortly. The first set of its spy images is circulating, across the internet, revealing a few changes over the standard model. Right now, there are no official details…