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

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EV Update Media

Fasset & NEC Payments Partner To Pilot Tokenising Tesla Supercharger Network In The Middle East

Fasset, a provider of a tokenisation and financing platform for sustainable infrastructure assets, and authorised to participate in the Central Bank of Bahrain’s (“CBB”) Regulatory Sandbox, has announced its Proof-of-Concept (PoC) tokenisation of a Tesla Supercharger charging unit, a decisive…

BMW Group Launches Battery Component Production In Leipzig And Regensburg

The BMW Group is launching production of battery components at its plants in Leipzig and Regensburg and expanding its e-drive production network. It has been less than a year since the decision was made to expand production capacity for e-drives…

Ola To Take Electric Scooter To International Markets This Fiscal

Ola Electric is looking at taking its electric scooter to international markets, including countries like France, Italy and Germany, this fiscal, a top company executive said. The company, which is working on setting up a ‘Hypercharger Network’ for its electric…

Hyundai, We Drive Solar & Partners Test Car-Sharing + Biodirectional Charging In Utrecht

Along with other partners, Hyundai and We Drive Solar are planning to test electric car-sharing in combination with bidirectional charging on a large scale in Utrecht, the Netherlands, starting this summer. The new Ioniq 5 will also be used for…

RattanIndia Forays Into Electric Vehicle Space

RattanIndia Enterprises, a New Delhi-headquartered private-sector power producer, has announced it is venturing into electric vehicle space by acquiring a substantial strategic stake in Revolt Intellicorp, a next-generation electric mobility company. The company will infuse an aggregate INR 150-crore fund…

SK Innovation Works With Kia To Recycle Spent Electric Vehicle Batteries

SK Innovation, a major electric vehicle battery maker in South Korea, will work with Kia Motors to establish an industrial ecosystem for recycling spent batteries from EV6, a new electric vehicle to be released by the car company in the…

CredR Partners With Crayon Motors To Provide Seamless Upgrade To Electric Bikes

Electric mobility has gained unprecedented importance in India over the last few years. As a result of the COVID-19 pandemic, people are becoming environmentally conscious and are moving towards the adoption of electric vehicles. Moreover, EVs are gaining higher acceptability…

Tula’s DMD™ Improves Electric Motor Efficiency While Reducing Rare Earth Materials In Battery Electric Vehicles

Tula Technology, Inc., a leader in propulsion efficiency, reported that their product Dynamic Motor Drive (DMD™) mitigates efficiency losses of electric motors while significantly reducing reliance on rare-earth materials. DMD’s application to electric vehicle motors has the potential to increase…

GM Introduces Ultium Charge 360

General Motors introduced Ultium Charge 360, a holistic charging approach that integrates charging networks, GM vehicle mobile apps, and other products and services to simplify the overall charging experience for GM electric vehicle owners. Ultium Charge 360 builds on GM’s…

Suzuki, Subaru, Daihatsu, Toyota, And Mazda To Develop Joint Technical Specifications For Next-Generation Vehicle Communications Devices

Suzuki Motor Corporation, Subaru Corporation (Subaru), Daihatsu Motor Co. Ltd., Toyota Motor Corporation, and Mazda Motor Corporation reached an agreement to develop jointly technical specifications for next-generation vehicle communications devices. They also agreed to promote the common use of communications…