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

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EV Update Media

China Automotive Systems Reports a 26.8% Net Sales Increase in 2022 Third Quarter and 175% Diluted EPS Growth in First Nine Months

China Automotive Systems, Inc., a leading power steering components and systems supplier in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2022. Third Quarter 2022 Highlights Net sales increased by 26.8%…

EU Moving to Stricter Euro 7 Vehicle Emission Standards

Reducing emissions from new motor vehicles sold in the EU to meet the European Green Deal’s zero-pollution goal, while keeping vehicles affordable for consumers and promoting Europe’s competitiveness is a tall order. Even so, the European Commission has presented a…

Ola Electric CEO Confirms New Electric Bike; Twitterati Want A Sportbike

Ola Electric CEO Bhavish Aggarwal confirmed that the company is now working on an electric motorcycle. The brand had already revealed its plans of a new electric motorcycle, and further details were to be announced by Holi 2023. However, the…

Suzuki And PowerX To Explore Biz Potential For Ultrafast EV Chargers In Japan And India

Suzuki Motor Corporation has signed an MoU with the Tokyo-based PowerX Inc, which manufactures and sells battery energy storage systems, to start exploring business partnership opportunities in Japan and India. The business partnership between the two Japanese companies will explore…

Toyota, Volkswagen, BMW and Other Auto Majors Show Off New EVs At The 2022 China Import Expo

Global automakers have brought strong electric vehicle offerings to China’s annual import fair, the 2022 China International Import Expo (CIIE). They include Volkswagen, BMW, Toyota, Honda, Ford, Hyundai, and GM. These traditional automakers are accelerating new EV rollouts in China…

The EU Is Seeking To Clamp Down On Traffic Pollution

The planet is undergoing three simultaneous crises with climate change, biodiversity loss and pollution all having their impacts worldwide. The European Union is seeking to tackle all three and so besides greenhouse gas emission targets and stepped-up efforts to protect…

India Electric Two-Wheeler Market Demand And Growth Opportunities Detailed Analysis Report 2021-2027

India Electric Two-Wheeler Market report thoroughly covers the market by speed, vehicle type, battery type, regions, and electric two-wheeler battery swapping. India electric two-wheeler market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth…

Indian Govt’s E-Mobility Policy Being Scuttled By Vested Interest Groups

The registered association representing Indian manufacturers of electric vehicles SMEV (Society of Manufacturers of Electric Vehicles) today sent a petition to the Parliamentary Standing Committee on Electric and Hybrid Mobility. SMEV in its petition indicated that the well-intended E-Mobility Policy…

Mahindra Ties Up With Three EV Infra Players For Charging Solutions

Mahindra & Mahindra on Wednesday said it has tied up with three electric vehicle infrastructure partners — Jio-bp, Statiq, and Charge+Zone — to offer charging solutions for its upcoming range of passenger electric vehicles. With these partnerships, Mahindra EV users…

EV Startups In India Raise About $673 Million And Counting In 2022

The sales of electric vehicle in India may be just a fraction of the overall automotive sales, but its growing rapidly. And in fact, as per findings of a survey done by smallcase Technologies – Windmill Capital, a SEBI registered…