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

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EV Update Media

Ola To Hire 2,000 To Fuel Electric Venture

Ride-hailing firm Ola aims to double the current headcount of around 2,000 people at its electric vehicle (EV) business in the next six months, said two people aware of the developments, which will potentially make it the largest vertical in…

After PLI Benefit, India Plans Easy Availability Of Finance For EVs

After rolling out policy initiatives to develop India as a hub for lithium-ion cells manufacturing, the Indian government is working on ensuring availability of affordable credit to the nascent electric vehicle industry. Government’s policy think tank, Niti Aayog has been…

Omega Seiki Partners TRANS ACNR For Refrigerated Containerised Electric Vehicles

Omega Seiki Mobility Pvt Ltd on announced a partnership with Transport Air-Conditioning and Refrigeration (TRANS ACNR) for jointly working on refrigerated containerized electric vehicles with lithium-ion batteries. To begin with, the partners have agreed to work jointly on design, development…

UNIST And Samsung Develop Novel Electric Vehicle Battery

The Ulsan National Institute of Science and Technology and the Samsung Advanced Institute of Technology announced that they have jointly developed a technology to increase the driving ranges of electric vehicles to 1,000 km and the technology is based on…

Alstom To Supply Italy’s First 6 Hydrogen Trains

Alstom will supply six hydrogen fuel cell trains, with the option for eight more, to FNM (Ferrovie Nord Milano), the main transport and mobility group in the Italian region of Lombardy, for a total amount of approximately €160 million. The…

Volcon ePowersports Invites EV-Sector Investors To Join First All-Electric, Off-Road Vehicle Manufacturer In Public Funding Round

Investors of all kinds will now have the opportunity to join the growing electric-powersports sector with the announcement of Volcon’s new funding round on crowdsourcing-investment platform WeFunder – the largest funding portal by number of investments, investment volume and investor…

Tougher Battery Standards Sought By EU In Shift To Electric Cars

Europe plans to impose stricter environmental requirements for batteries as it begins a radical economic overhaul set to boost electric vehicles and clean energy. The European Union will aim at setting a global standard in the fast-growing market when it…

Hitachi ABB Power Grids And Ashok Leyland Partner For An E-Bus Pilot At IIT Madras

Hitachi ABB Power Grids has signed a memorandum of understanding (MoU) with Ashok Leyland and the Indian Institute of Technology Madras (IITM) for an e-mobility pilot project. Under the tripartite agreement, the trio will run an electric bus (e-bus) pilot…

Lucid Motors Completes Construction On First Greenfield Electric Vehicle Factory In North America

Lucid Motors, which is setting new standards for sustainable mobility with its advanced luxury EVs, announced completion of the first phase of construction at the new Lucid AMP-1 (Advanced Manufacturing Plant) factory in Casa Grande, AZ, with the commissioning of…

Magenta Launches The Associate Program For Deploying Nationwide Low-Cost EV Charging Platform

Magenta, a pioneer in the business of clean mobility and clean electricity has launched its nationwide business associate outreach program starting December 2020. Under this initiative, Magenta will identify associates across India to deploy low cost electric vehicle charging platform….