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

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EV Update Media

China’s CATL Developing EV Battery Without Nickel Or Cobalt

China’s battery manufacturer Contemporary Amperex Technology (CATL) is developing a new type of electric vehicle battery that doesn’t contain nickel or cobalt. Both nickel and cobalt are used in the batteries powering many of the market’s current EVs. Last month,…

Okaya Power Group collaborates With Prakriti E-Mobility For EV charging Stations

Okaya, a flagship company of Okaya Power Group, has announced a strategic partnership with Prakriti E-Mobility, India’s largest fleet operators of electric 4W vehicles with aim to provide well-laid out electrical vehicle charging stations for their fleet operations. Okaya EV…

Assam Tender To Procure 50 Electric Buses

The Assam State Transport Corporation (ASTC) issued a request for proposal to supply 50 electric buses in the state. Interested bidders are expected to make an earnest money deposit (EMD) of ₹10 million (~$133,827). The last date for the submission…

EVage 1st Startup In India To Manufacture ‘Exoskeleton Structures’ For EV Echoes PM Modi’s ‘Make In India Make For World’ Vision

In line with Prime Minister Narendra Modi’s vision Atma Nirbhar Bharat, mobility tech start up firm EVage introduces India’s first home-built ‘Exoskeleton Structure’ that will provide a common platform for launch of SUVs, Vans, Delivery Vehicles and Trucks. The disruptive…

New Tritium RT175-S DC Fast Charger Powers EVs To 80% In 15 Minutes

Australia-based Tritium has introduced a new DC fast charger, the RT175-S smart charging system, which powers EVs to an 80% charge in 15 minutes on average. The RT175-S is the first charger on the US market capable of Plug and…

Electric Vehicle Communication Controller Market Global Forecast To 2027

The electric vehicle communication controller (EVCC) market is projected to reach USD 563 million by 2027 from an estimated USD 55 million in 2019, at a CAGR of 33.8%. The growth of the controller market is driven by the increasing…

Xos Trucks Raises $20 Million, Partners With Tier 1 Automotive Supplier Metalsa

 Xos Trucks, Inc., a leading manufacturer of fully electric commercial vehicles, today announced it has raised $20 million from a group of investors including Proeza Ventures, a mobility-focused VC firm backed by Metalsa’s holding company, and BUILD Capital Group. The…

Pomerantz Law Firm Reminds Shareholders With Losses On Their Investment In Ideanomics, Inc. Of Class Action Lawsuit And Upcoming Deadline

Pomerantz LLP announces that a class action lawsuit has been filed against Ideanomics, Inc. (“Ideanomics” or the “Company”)(NASDAQ: IDEX) and certain of its officers.   The class action, filed in the United States District Court for the Southern District of New…

Indian Passenger Vehicle Market Outlook 2020

Domestic sales in the Indian Passenger Vehicle (PV) market declined by 9.1% to reach 3 million units in FY 2020. The study estimates the market size of the Indian PV market, as well as segment forecasts up to 2024, with…

India Allows Sale Of Electric Vehicles Without Batteries

The Ministry of Road Transport and Highway (MORTH) announced that all the states and union territories (UTs) have now been allowed the registration and sale of electric vehicles (EVs) without pre-fitted batteries. The move is likely to provide the necessary…