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

A platform specially designed and developed to keep the industry updated with the right Knowledge, News and Information about developments happening in the Electric Vehicles & Battery sector

EV Update Media

Raipur Invites Fresh Bids To Set Up Electric Vehicle Charging Stations At 25 Locations

Raipur Smart City Limited has issued a request for proposal (RfP) for the installation of electric vehicle charging stations at 25 locations in the city. October 3, 2020, is the last day for the submission of bids. Applicants must pay…

ETrio Raises $3MN To Launch New EVs In India

Hyderabad-based electric vehicle startup Etrio said it has raised of $3 million (approximately Rs 22 crore) in Series A round from high networth individual investors based out of Singapore. The investment will fuel Etrio’s foray into new electric vehicles (EVs)…

Volkswagen To Invest €15 Billion In Electric Mobility By 2024 In China

Volkswagen, a Germany-based automobile manufacturer, announced its plans to invest €15 billion (~$ 17.53 billion) in China’s electric mobility segment by the end of 2024. The carmaker’s China arm will collaborate with its joint ventures, including SAIC Volkswagen, FAW-Volkswagen, and…

Northvolt Raises $600 Million In Equity To Invest In Capacity Expansion, R&D & Giga-scale Recycling

Northvolt announced the signing of a $600 million private placement, led by Baillie Gifford, Goldman Sachs Merchant Banking Division and Volkswagen AG, enabling the company to make further investments in expanding its production and recycling capacity as well as R&D…

ZeroAvia Completes First Hydrogen-Electric Passenger Plane Flight

ZeroAvia recently completed the first hydrogen-fuel-cell-powered flight of a commercial-grade aircraft. The flight took place at the company’s R&D facility in Cranfield, England, with the Piper M-class six-seat plane completing taxi, takeoff, a full pattern circuit, and landing. This milestone…

CBAK Energy Has Successfully Developed Large-Sized Cylindrical Tabless Battery With 25% Boost In Energy Density And 20% Cost Saving

CBAK Energy Technology, Inc., a world’s leading lithium-ion battery manufacturer and electric energy solution provider, announced that its product release of 32140 large-sized cylindrical tabless battery has officially passed its technical and Pilot Plant tests which demonstrated its success in…

Tamil Nadu Chief Minister Flag Offs Solar And Electric Powered Rickshaws

Tamil Nadu Chief Minister K Palaniswami flagged off 13 types of solar and electric powered rickshaws, driven by women as a part of an initiative to protect the environment and empower women. According to its press release, K Palaniswami signed…

India Plans $4.6 Billion In Incentives For Battery Makers In Electric Vehicle Push

India plans to offer $4.6 billion in incentives to companies setting up advanced battery manufacturing facilities as it seeks to promote the use of electric vehicles and cut down its dependence on oil, according to a government proposal. A proposal…

China’s Electric Carmaker WM Motor Pulls In $1.47B Series D

Chinese electric vehicle startup WM Motor just pocketed an outsize investment to fuel growth in a competitive landscape increasingly coveted by foreign rival Tesla. The five-year-old company raised 10 billion yuan ($1.47 billion) in a Series D round, which will…

Rajasthan Electronics To Empanel Agencies To Set Up 1,000 EV Charging Stations

The Rajasthan Electronics and Instruments Limited (REIL), a government-owned manufacturer of electronic products, has invited bids for the empanelment of agencies for electric vehicle (EV) charging stations. The company plans to set up more than 1,000 EV charging stations in…