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

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India

Indian Company That Makes EV Battery Materials To Build Its First US Plant In North Carolina

An Indian company that produces a key ingredient for long-range batteries in electric vehicles said Thursday it would build its first U.S. plant in southeastern North Carolina, creating hundreds of jobs. Executives at Epsilon Advanced Materials Inc. and Gov. Roy…

E-Bike Market Projected to Reach $77.2 Billion by 2028

The global E-Bike market is projected to reach USD 77.2 billion by 2028 from USD 51.5 billion in 2023, at a CAGR of 8.4% from 2023 to 2028. The growth in the E-Bike industry is expected mainly because E-Bikes offer…

New Electric Scooter By Liger Mobility: Liger X+ Offers An Impressive 125 Km Range

As the demand for electric scooters continues to surge in the Indian two-wheeler market, Mumbai-based Liger Mobility is gearing up to introduce its EV scooter. The company is set to launch two variants, the Liger X and Liger X+, with…

AP Govt to Set Up 400 EV Sharging Stations

Aligning with India’s net-zero emissions goal by 2070 Offering State govt employees 1 lakh EVs on EMI with incentives Establishment of 400 EV charging stations across the state Vijayawada: Andhra Pradesh has adopted a multi-pronged strategy to usher in electric…

Samsung SDI To Supply EV Batteries To Hyundai Motor Starting 2026

South Korea’s Samsung SDI (006400.KS) said on Monday it will supply Hyundai Motor (005380.KS) with electric vehicle (EV) batteries for seven years starting 2026, marking the first battery supply deal between the two companies. “The latest supply deal marks the…

Svitch CSR 762 Electric Bike To Hit Market In 90 Days

Svitch MotoCorp has announced that it will bring out its first electric motorcycle– the CSR 762–- in the market within the next 90 days. The motorcycle was showcased almost two years ago and was scheduled to make its debut in…

RACE Energy Partners With LOHUM For EV Battery Recycling

RACE Energy, an India-based deep-tech electric vehicle (EV) infrastructure company specializing in battery swapping has announced a strategic partnership with LOHUM, a leading producer of sustainable energy transition materials through recycling and refining. This partnership aligns with the Extended Producer…

Suzuki Eyes to Make India Global Electric Car Manufacturing Hub

Maruti Suzuki’s parent Suzuki Motor Corporation plans to make India its global electric car manufacturing hub with the first batch of vehicles expected to be rolled out as early as 2025, according to a news report. Suzuki will start producing…

Terra Motors ventures into EV charging space in India

Japanese electric vehicle maker Terra Motors Corporation on Thursday said it has forayed into EV charging infrastructure space in India. The company has launched Terra Charge, its EV charging infrastructure development venture, in India. In a statement, the company said…

Bolt.Earth Secures US$20M for Global EV Charging & Software Expansion

India-based electric vehicle (EV) infrastructure and software company, Bolt.Earth, has recently completed a funding round, raising US$20 million. The landmark funding round was spearheaded by a consortium of both longstanding and new investors, featuring notable names including Union Square Ventures,…