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

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Revfin Expands EV Fleet with Acquisition of 15,000 Vehicles on SUN Mobility’s Platform

Revfin, a leading EV financing company, has announced the take over of 15,000 vehicles operating on the SUN Mobility platform. This acquisition, valued at ₹100 crore, marks a strategic step in Revfin’s mission to boost EV adoption and transform fleet…

Didi Plans to Bring 100,000 Electric Cars to Mexico

The Chinese platform Didi plans to bring 100,000 electric cars to Mexico between 2024 and 2030. The company’s goal is to offer its app-based transportation service through this type of vehicle. According to Andrés Panamá, general director for Latin America,…

AUTO i CARE Boosts EV Ecosystem with New After-Sales and Roadside Assistance Solutions

AUTO i CARE, a leading player in the Indian roadside assistance industry, is proud to announce the expansion of its after-sales and roadside assistance services to include electric vehicle (EV) two-wheelers from all brands and manufacturers across India. This strategic…

Minda Corporation Signs Technology Licensing Pact with Sanco Connecting Technology for EV Solutions

Automotive component manufacturing firm Minda Corporation, the flagship company of Spark Minda, on Wednesday said it has signed a technology licensing agreement with Sanco Connecting Technology of China to enhance the product portfolio offering in the electric vehicle (EV) for…

Kinetic Green Eyes Rs 900 crore Turnover in FY25

The company on Wednesday introduced new range of three wheelers on an all new platform, to cater to almost 100% of the growing Indian electric three wheeler market. Speaking on the sidelines of an event in Pune, Sullaja Firodia Motwani,…

Kaiyi Auto Launches New International Models at World Power Battery Conference

At the 3rd World Power Battery Conference held in Yibin City, Sichuan Province, Kaiyi Auto unveiled its latest international models, marking a significant milestone in the company’s global expansion strategy. The event, titled “Lead by Green Power Sailing to the…

Hero MotoCorp Considers Investment in Electric Three-wheeler Startup

Leading two-wheeler brand Hero MotoCorp (HMC) is in advanced negotiations to make a significant strategic investment in Altigreen Propulsion Labs, a Bengaluru-based startup specialising in electric three-wheelers (E3Ws), according to a report by the Economic Times. This move could mark…

Daewoo India and eBikeGo Collaborate for E-bikes

Daewoo India and eBikeGo have announced a strategic collaboration to develop and launch a range of personal mobility vehicles over the next five years. The partnership aims to revolutionise the personal electric mobility segment in India by combining Daewoo’s global…

MIL-OSI China: Nation’s EV, Battery Strides Boosting Global Transition

China’s strides in developing its electric vehicle and power battery industries are making significant contributions to global sustainable development and the fight against climate change, officials and business leaders said on Sunday. Wan Gang, president of the China Association for…

Sales of Electric 2-wheelers in India Slump 18% in August

After July 2024’s 107,000-plus retail sales of electric two-wheelers, up 97% YoY, August didn’t really turn out to be an august or impressive month for EV manufacturers, given the high expectations the sector has set for itself. At 88,451 units,…