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

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EV Update Media

EV Investment In India: Trends To Watch In Indian Electric Vehicle Market In 2023

The electric vehicle industry has taken the Indian automotive market by storm. The industry has become an integral part of the industry. With a series of launches in the EV space, India has recorded a staggering growth rate of 686…

Ansys To Help Train Indian Engineers In Electronics And Semiconductors

As countries worldwide are building semiconductor ecosystems for national security reasons, India is trying to encourage advanced fabless semiconductors and deep technology. India’s Ministry of Electronics & IT said in a press release that India will launch future labs to…

China’s EV Market Bucks Downward Auto Output

Chinese carmakers produced 2.39 million units in November, down by 8.2% from October, while sales fell by 7.1% month on month to 2.33 million units. Production and sales both dropped by 7.9% year on year, according to the China Association…

Government To Add 137 More Electric Vehicle Charging Stations On National Highways

In addition to the already existing seven wayside amenities (WSA) equipped with EV charging stations, the central government has provisioned for 137 more such facilities to be built on India’s national highways, Union Minister for Road Transport and Highways Nitin…

Why The EV Industry Has A Bright Road Ahead In India

The electric vehicle (EV) industry in India has had a promising 2022 with decisive action from all key stakeholders—original equipment manufacturers (OEMs) and component makers to charging/ swapping infrastructure providers and governments (both, Centre and states)—and increasing acceptance among consumers….

Mahindra To Invest $1.2 Billion In Electric Vehicle Production Plant In India

Mahindra & Mahindra Ltd. plans to invest 100 billion rupees ($1.2 billion) in a plant to make electric sports utility vehicles, a significant shift for a company that has been heavily reliant on gas-powered cars. Mahindra will invest the funds…

Ola Electric S1 Scooter Range To OUTSELL Honda Activa in 2023: CEO Bhavish Aggarwal

In a rather optimistic claim, Ola Electric’s CEO Bhavish Aggarwal has said that by August 2023, the Ola S1 range will surpass Honda Activa as the highest-selling scooter in the Indian two-wheeler market. The Ola S1 range, which currently consists…

Amid Fuel Hike, Tiruchy Corporation En Route To Install EV Charging Spots Across City

The city corporation mulls over installing e-vehicle charging points at public spots in the city, with senior officials indicating Saravanan road to play host to the first of such facilitates next year. A senior corporation official said, “The projects is…

India Electric Vehicles Market With CAGR 77% by 2025 – Exclusive Report by Persistence Market Research, Inc.

In a new report published by Persistence Market Research titled “Electric Vehicle Market: India Industry Analysis (2012-2016) and Forecast (2017-2025),” it has been observed that the India electric vehicles market is expected to expand at a CAGR of 77% in…

EU Agrees New Law On More Sustainable And Circular Batteries To Support EU’s Energy Transition And Competitive Industry

The Commission welcomes the provisional political agreement reached between the European Parliament and the Council aiming to make all batteries placed on the EU market more sustainable, circular and safe. The agreement builds on the Commission’s proposal from December 2020…