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

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India

Mahindra & Mahindra Hikes Prices Of Its Vehicles By 2.5%

Mahindra & Mahindra announced a price hike of 2.5% on its range of vehicles, which will result in an increase of Rs 10,000 to Rs 63,000 on the ex-showroom prices across the range depending upon the model and the variant,…

Honda Unveils City e:HEV Sedan; Launch Next Month

Japanese auto major Honda Cars on Thursday unveiled its new offering for the Indian market — City e:HEV sedan, marking its foray into the mainstream strong hybrid electric vehicle segment in the country. The company, which is present in India…

California EV Company Fisker Selects Hyderabad As Headquarters For Initial Operations In India

California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth. Passionately driven by a vision of a clean future for all, the company is on a mission to become the…

Government Staffs Can Get Interest-Free Loan To Buy e-vehicle

To execute the Electric Vehicle Policy 2021, the Department of Finance has issued guidelines for sanction of interest-free advance for purchase of electric vehicle by the Government employees. Principal Secretary, Finance Vishal Kumar Dev has issued the guidelines on Tuesday…

Offgrid Energy Labs Plans To Launch ZincGel Products To Power India’s EV Battery Segment By Next Year

The start-up will be targeting mobility partners to bring forth solutions for fleets operating low-powered electric vehicles like two-wheelers and three-wheelers. ZincGel Battery Technology, in comparison to lithium-ion and lead-acid material batteries, are non-flammable and reduce the damaging impact on…

Delhi Govt. Likely To Roll Out EMI Facility On Electric Two-Wheelers For Employees

In view of encouraging large-scale adoption of electric vehicles in Delhi to reduce air pollution, the city government plans to provide e-two-wheelers to its employees on easy monthly installments, officials have said. The government had on Thursday announced a major…

Omega Seiki Mobility To Deploy Insta Chargeable Rapid EVs With Log9 In Indian Market

Omega Seiki Mobility (OSM) and Bengaluru-headquartered battery technology startup Log9 Materials, has announced a strategic partnership to deploy 10,000 three-Wheeler Rage+ Rapid EVs in Tier II and III markets of India by FY24. Supporting these 3W EV Cargo Loaders will…

Hero Electric Continues To Top The Electric Two-Wheeler Sales In India

For the first time, registrations of Hero Electric’s scooters have entered the five-digit mark, with a total of 13,022 Hero e-scooters registered across India in March. As per vehicle registration data on the ‘VAHAN’ portal, a total of 46,569 high-speed…

Automotive Electronics Market Set To Advance In India With CASE Convergence, E-Mobility, Among Others

Frost & Sullivan’s recent analysis, Indian Automotive Electronics Growth Opportunities, finds that continuous innovation and development in the automotive industry is boosting the demand for automotive electronics. Its increasing use in various vehicular applications, such as active and passive safety,…

MG Motor India Plans To Raise INR 5000 Crore For A Second Plant

MG Motor India is reportedly planning to raise fresh funds of up to ₹ 5,000 crore through external commercial borrowings (ECBs) or private equity route. According to a report on Time of India, the funds will go towards setting up…