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

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India

Govt Approves Rs 10,900 cr PM E-DRIVE Scheme to Push Electric Mobility

The Union Cabinet on Wednesday approved the PM E-DRIVEScheme with an outlay of Rs 10,900 crore for two years to boost adoption of electric vehicles in India, replacing the flagship FAME programme that ran for nine years till March. The…

Nitin Gadkari Launches NueGo’s Kashmir to Kanyakumari Electric Bus Expedition

NueGo, electric bus brand from GreenCell Mobilty, has embarked on historic Kashmir to Kanyakumari (E-K2K) Electric bus expedition. This epic journey marks a significant leap in promoting sustainable mass mobility in India. With this expedition, NueGo is set to become…

GFCL EV Raises Funds for Expansion Plans

GFCL EV raises funds of ₹1,000 crore for the company’s capital expenditure. Gujarat Fluorochemicals Ltd (GFL), a part of the INOXGFL Group, announced that its subsidiary, GFCL EV Products Ltd (GFCL EV), raised ₹1,000 crore, securing an equity valuation of…

EKA Mobility Wins 250 Electric Buses Order from Nagpur Municipal Corporation

Pune-based commercial electric mobility company EKA Mobility has secured an order from Nagpur Municipal Corporation to supply 250 electric buses. The company did not disclose the order’s financial details. The deployment contract was awarded to Hansa Vahan, which has partnered…

Ashok Leyland, Nidec Partner to Boost Commercial EVs with Advanced E-drive Motors

Ashok Leyland has partnered with Japan-based Nidec Motor Corporation to develop advanced electric drive motors for commercial vehicles. The collaboration aims to meet the unique needs of India’s commercial vehicle market by creating efficient e-drive systems and establishing a Centre…

TVS Eurogrip Aims to drive Forward in Premium, Electric 2W Tyre Markets

TVS Srichakra Ltd, operating under the brand name TVS Eurogrip, is poised to build on its success in emerging product segments, including premium two-wheeler and electric two-wheeler tyres, through a comprehensive strategy aimed at maximising the growing contribution of new…

LeafyBus and AMU [NBFC] Join Forces to Drive Electric Mobility by Financing 10 New EV Buses for Inter-City Operations

In a significant push towards sustainable transportation, LeafyBus, a New Delhi-based electric bus operator, has joined forces with AMU to roll out its first fleet of 10 electric buses for inter-city travel. The NBFC will finance these buses and it…

TapFin Signs MoU with IIT Bombay to Foster Innovation and Collaboration in EV Technologies

TapFin, an integrated sustainability tech platform, today announced the signing of a Memorandum of Understanding (MoU) with the EV Powertrain Lab at the Indian Institute of Technology Bombay (IIT Bombay). The collaborative efforts will focus on addressing the challenges in…

Joy e-bike Offers Discounts On E2Ws For The Festive Season

Joy e-bike has launched a range of special offers for its electric two-wheeler customers in celebration of the festive season. The company is offering benefits of up to INR 30,000 on its electric scooter, Mihos, along with additional discounts across…

LG Energy Solution to Supply Batteries to Ford’s Electric Vans in Europe

LG Energy Solution has signed supply agreements with Ford Motor company to power the electrified models of Ford commercial vans in Europe. Under the contracts, LG Energy Solution is forecasted to supply a total of 109 GWh of batteries to…