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

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EV Update Media

Ola IPO Will Drive Indian EVs Back to the Future

India’s electric vehicle makers are stepping into the spotlight. Ola Electric Mobility is revving up an initial public offering and could spark something akin to the mania that fueled share sales by Chinese upstarts like Nio a few years ago….

Grant Awarded to CIA for EV Charging Station

The Chilkoot Indian Association received a $1.4 million dollar grant for building an electric vehicle charging station. The station is intended for public use and construction is expected to begin this spring. The Chilkoot Indian Association will be getting an…

SUN Mobility to Energize 30,000 Bounce Infinity Scooters

Bounce Infinity, a leading electric scooter manufacturer in India and SUN Mobility, a global expert in battery swapping and energy infrastructure, have collaborated for the most extensive electric vehicle (EV) deployment in India. SUN Mobility plans to introduce 30,000 Bounce…

Volvo’s 10,000th Car in India is its First Pure Electric Offering

Volvo Car India has achieved a significant milestone by producing its ten thousandth car at its Bangalore facility. The company, which began assembly operations in 2017, has seen the highest production of the XC60 model, with over 4000 units produced…

Global Auto Market to Grow Modestly as China Leads EV Adoption

The global automotive market is projected to grow modestly this year, with a 1.6 percent increase to 84.12 million units signaling a tempered post-pandemic recovery, as global carmakers are looking to adopt strategies from Chinese carmakers to spur mass adoption…

BYD’s First Chartered Vessel Sets Sail with 5,000 EVs for Europe

BYD’s first chartered vehicle vessel has set sail from China’s southern city of Shenzhen, carrying more than 5,000 electric vehicles to Europe, state media Xinhua reported on Tuesday. Chinese automakers including BYD, Chery Automobile and SAIC Motor  have been placing…

Uber Partners with Tesla in Campaigning for EV Use

Uber has reportedly announced it aims to push forward with its emission-free mission by working with Tesla to promote the use of electric vehicles (EVs) in the United States, Reuters reports. According to Reuters, Uber’s senior vice president of mobility…

International Battery Company Powers up with $35M Funding to Bridge EV Gap in India

International Battery Company, a startup developing lithium-ion battery cells for electric vehicles, has raised $35 million as it plans to bridge the demand-supply gap in the growing EV market in India. Led by RTP Global, the pre-Series A round saw…

Proud to Announce: VerdeMobility Chargers are ARAI-certified

VerdeMobility, a renowned “Make-in-India” manufacturer of EV chargers, is excited to announce that their full range chargers has successfully passed stringent testing of ARAI & received certification from the Automotive Research Association of India (ARAI). This certification confirms that their…

CATL Moves to Improve its Battery Tech in Chinese EVs

Contemporary Amperex Technology Co. Limited (CATL) aims to improve battery technology in Chinese vehicles and increase cell production in China. Recently, the Chinese battery supplier announced plans for its first plant in Beijing to supply Li Auto and Xiaomi’s electric…