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

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India To Offer Incentives To Global EV Players, Aims To Attract $14 Billion Investment Over 5 Yrs

India plans to offer fresh incentives to companies making electric vehicles (EVs) as part of a broad auto sector scheme it expects to attract $14 billion of investment over five years, according to industry sources and a document. The country’s…

TRATON Group To Increase Investment In Emobility To €1.6B By 2025; Scaling Back Conventional Drives

Comercial vehicle manufacturer the TRATON Group will invest a total of €1.6 billion in research and development for e-mobility by 2025. An e-mobility investment of €1 billion had been planned originally over this period. At the same time, TRATON is…

Japanese Truck Manufacturers Launch Development Joint Venture

The Japanese manufacturers Toyota, Hino and Isuzu want to establish a new joint venture on 1 April to promote so-called CASE technologies (Connected, Autonomous, Shared, Electric) in the commercial vehicle sector. Unsurprisingly, this also involves electric drive systems. Basically, the…

IIT Delhi Develops EV Charging Station With Inbuilt Solar PV Interface Capability

IIT Delhi researchers have developed a truly modular, scalable, and environmentally friendly electric vehicle (EV) charging station with in-built solar photovoltaic (PV) interface capability. The highly innovative 20 kW smart EV charging station was developed at the Smart Grid Lab…

Groupe Renault, Veolia & Solvay Join Forces To Recycle End-Of-Life EV Battery Metals In A Closed Loop

Groupe Renault, top automotive player, with Veolia, global leader in optimized resource management, and Solvay, leading science-based company announced their partnership to enable the circular economy of EV battery metals in Europe through closed-loop recycling. The existing Veolia and Solvay…

U.S. Looking To Canada For Lithium And Other Minerals To Build Electric Vehicles

The U.S. government is working to help American miners and battery makers expand into Canada, part of a strategy to boost regional production of minerals used to make electric vehicles and counter Chinese dominance. Recently, the U.S. Department of Commerce…

Kailash Gahlot Asks Commercial Vehicle Owners To Convert Half Of Their Fleet To Electric

Delhi Transport minister Kailash Gahlot urged commercial vehicle owners to convert half of their fleet to electric by 2023, saying a five per cent interest subvention scheme will be soon launched for them. The Delhi government is working on a…

Foxconn And Vietnam’s VinFast Explore Partnership, Talks Focus On Batteries, EV Parts

Vietnam’s largest conglomerate Vingroup said its car unit was in early stage talks with Taiwan’s Foxconn about working together and that any partnership formed would focus on developing batteries and electric car parts. Foxconn has proposed acquiring EV production lines…

U.S. Senators Press Biden To Set End Date For Gas-Powered Car Sales

California’s two U.S. senators are urging President Joe Biden to set a firm date to phase-out gas-powered passenger vehicles as the White House grapples with how to rewrite vehicle emissions rules slashed under President Donald Trump. In an unreported letter…

‘Boost to E-Mobility’: Indian Oil Partners With Israel’s Phinergy To Manufacture Metal-Air Batteries

The Indian Oil Corporation (IOC) entered into a collaboration with the Israeli start-up company Phinergy to form IOC Phinergy Private Limited. The collaboration will manufacture Aluminum-Air systems in India to boost the “Make in India” programme and recycle used Aluminum…