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

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Ford, Mahindra Call Off Auto Joint Venture

Ford Motor Co said it was calling off its automotive joint venture with India’s Mahindra and Mahindra Ltd due to the challenges caused by the COVID-19 pandemic. The companies said in separate statements that the decision was driven by changes…

Hero Electric Partners With eBikeGO, To Provide 1000 Units Of Nyx Electric Scooter

India’s Largest Electric two-wheeler company, Hero Electric has announced its partnership with the Amritsar-born and now Mumbai-based Electric mobility start-up eBikeGO for last-mile deliveries, for their expertise in EV technology and IoT-enabled operations. Hero Electric has supplied the first 120…

Fiat Chrysler Will Build Jeep, Alfa Romeo EVs In Poland

Fiat Chrysler Automobiles will modernize its Polish plant to build hybrid and electric Jeeps, Fiats and Alfa Romeos. The company plans to start production of the first of three new models at its factory in Tychy in the second half…

Indonesia Says $9.8 Billion EV Battery MOU Agreed With LG Energy Solution

Indonesia and a unit of South Korean firm LG Group have signed a memorandum of understanding (MOU) on a $9.8 billion electric vehicle (EV) battery investment deal, the head of Indonesia’s Investment Coordinating Board said. The deal was signed on…

Kandi Enters Into Strategic Cooperation Agreement With Agricultural Bank Of China Hangzhou Branch

Kandi Technologies Group, Inc. (the “Company” or “Kandi”) announced today that it entered into a strategic cooperation agreement with the Hangzhou Branch of the Agricultural Bank of China. Given China’s effort to both encourage the battery swap model for electric…

EV COSMOS Ties Up With ChargeNet For 500 EV Charging Stations In India

Indian electric vehicle charging solution provider firm EV COSMOS India announced its tie up with ChargeNET for setting up 500 public electric vehicle charging stations in India. EV Cosmos, an Indian organisation that focuses on the development and delivery of…

Volkswagen Teases An Electric Car-Charging Robot With Eyes

Volkswagen says it’s made a prototype of the electric vehicle charging robot concept it first showed off in proof-of-concept form in late 2019, and that it plans to keep developing the idea. The giant German automaker apparently liked the concept…

MEG Announces Purchase Agreement For 2,000 Units Of D1, BYD’s Custom Electric Ride-Hailing Vehicle

Ideanomics announces that its Mobile Energy Global (“MEG”) and its contracting entity Qingdao Chengyang Medici have signed an agreement with Meihao Chuxing, a joint venture between BYD and Didi, to purchase an initial 2,000 units of model BYD D1. The…

Brexit Deal Protects U.K. Electric Car Trade

EU and U.K. negotiators finally reached a deal on their post-Brexit relationship on Christmas Eve. Though both sides thought they had the talks wrapped up the day before, some last-minute technicalities kept them going for another day. One of those…

Nexzu Mobility Eyeing Global Market; In Talks For E-Cycle Exports To US, UK

E-vehicle maker Nexzu Mobility is looking to foray into the international market, starting with some South Asian countries, and is also in early stage discussions for exports of e-cycles to the US and the UK markets, a top company executive…