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

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India

M&M Opts Out Of Below Rs 10 Lakh Electric Segment

The passenger EV market has seen two sub Rs 10 lakh launches by as many companies in six months. With prices in the same band as compact sedans and premium hatchbacks, Tata Motors’ Tiago EV and MG Motor’s Comet are…

In Race Against Fuel Challenges, Schneider Electric Canvasses Adoption Of EVs

As the demand for sustainable transportation solutions rises, Schneider Electric has emphasised the need for the adoption of Electric Vehicle solutions to alleviate future fuel challenges.  Ajibola Akindele, country president of Schneider Electric highlighted the firm’s commitment towards providing a reliable and…

UK’s Faradion Inks Deal With Indian Startup For The Use Of Sodium-Ion Batteries

U.K.-based Faradion Ltd, a manufacturer of sodium-ion batteries, has announced a partnership with Infraprime Logistics Technologies (IPLTEC) to provide batteries for commercial vehicles in the Indian electric vehicle market.  IPLTech is a Gurgaon-based heavy goods vehicle fleet service provider. The company has been…

Lapa Electric To Make India’s First Electric Scooter With Carbon Fiber Chassis

Electric two-wheeler segment has witnessed a plethora of new brands, along with tons of innovation and unique design formats. A relevant example is EV startup Lapa Electric that has been working to create entirely new experiences for users.  Expected to…

Foxconn Plans To Set Up EV Production Line In India

Taiwanese contract manufacturer Foxconn has said in its latest annual report that it plans to set up a production line for two-wheeled electric vehicles (EVs) in India. The company intends to use the facility to cater to EV demand across…

Indian EV Manufacturer Ola Electric Set To Begin IPO Discussions

Ola Electric has been making waves in the motorcycle industry despite being confined primarily to the Indian market. The brand impressed the world with its rapid expansion across India, and is best known for its S1 electric scooter, making electric…

Simple Energy Accelerates Plans – 2 Affordable Scooters To Be Launched Soon

Bangalore EV startup Simple Energy has revealed its plans for affordable electric scooters. The two-wheeler EV startup started deliveries of the Simple One electric scooter on June 6.  Fresh from the relaunch and commencement of deliveries of the Simple One,…

MOVIN Introduces Electric Vehicles In Delhi NCR For Its First And Last Mile Deliveries

MOVIN, a logistics brand launched as a joint venture between UPS and InterGlobe Enterprises adds Electric Vehicles (EV) to its fleet for first and last-mile deliveries. With the objective to reduce carbon emissions, aligning with its long-term sustainability goals, the…

Renault To Launch Its First EV In India in 2025

Venkatram Mamillapalle, Country CEO & Managing Director, Renault India Operations, has confirmed that the carmaker will launch its first electric car in the Indian market in 2025. The EV will be one of three new cars that Renault plans to…

Tesla Needs India And India Needs Tesla. Now It’s All About Making It Work

At first, about a year ago, the Indian government stood steadfast on its demand that if Tesla needed to sell cars in India, it had to set up a local manufacturing facility in the country, home to the third-largest automobile…