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

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India

Indian Zypp orders 40,000 Electric Scooters from Odysse

With the investment of an unknown amount, Zypp Electric wants to support Odysse’s nationwide expansion so that Odysse can expand its production capacities and dealer network. As part of the investment, Zypp Electric is also ordering 40,000 electric scooters from…

Wardwizard Exports e-Trike for Philippines EV Program

Wardwizard Innovations & Mobility Limited (WIML), one of India’s leading electric vehicle manufacturers under the brands ‘Joy e-bike’ and ‘Joy e-rik,’ has successfully developed a customized electric three-wheeler, the e-Trike (Driver + 10), as part of its groundbreaking USD 1.29…

EV Parts Maker Vecmocon Raises $10 million led by Ecosystem Integrity Fund

Vecmocon, a vehicle intelligence company, has raised $10 million led by Ecosystem Integrity Fund (EIF) along with participation from Blume Ventures, British International Investment (BII). The company will use the funding to expand its reach in various segments of the…

IIT Kanpur and Zynetic Join Hands to Develop Next-gen EV Charging Technology

The Indian Institute of Technology Kanpur (IITK) and Zynetic Electric Vehicles Charging Private Limited have entered into a Memorandum of Understanding (MoU) to push the innovation and establishment of advanced AC and DC fast EV chargers. Zynetic, a company involved…

Zelio X Men 2.0 Electric Scooter Launched in India

Zelio Ebikes has launched the updated X Men 2.0 low speed electric scooter in India. It’s priced from Rs 71,500 to Rs 91,500 (ex-showroom) depending on the variant. This comes in just months after the launch of its previous version….

Flipkart Deployed Over 10,000 Electric Vehicles in Delivery Fleet

E-commerce major Flipkart on Monday said it has deployed over 10,000 electric vehicles (EVs) in its delivery fleet as part of a phased integration of EVs in the last mile delivery over the past few years. The strategic adoption of…

Will unveil EV policy to curb pollution: CM

The Telangana govt will unveil a comprehensive electric vehicle (EV) policy aimed at safeguarding the city’s air quality and promoting the adoption of EVs throughout the state, chief minister A Revanth Reddy said on Monday. Speaking at an event to…

EV Startup MOOEV Technologies Secures Rs 4 Cr in Seed Funding

Electric vehicle startup MOOEV Technologies has secured Rs 4 crore in seed funding, led by Bizdateup with participation from Inflection Point Ventures and Spectrum Impact (Aarti Industries Family Office). The fresh funds will be utilized to deploy an initial fleet…

Bajaj Finance secures $400 million Loan from IFC to Boost Electric Vehicle Sales

The International Finance Corporation (IFC) has partnered with Bajaj Finance to provide a $400 million loan to the company in order to support women-owned microenterprises and women micro-borrowers, as well as to increase access to climate finance for electric vehicles…

Hala Mobility Secures Rs 51 Crore in Pre-Series A Funding to Expand Urban EV Fleet

Hala Mobility, an EV-as-a-Service platform, has successfully raised Rs 51 crore (approximately $6 million) in its pre-Series A funding round. The round saw participation from founders Srikanth Reddy and Snehith Reddy, Phani Ramineni (founder of Previa Health), and Rohan Bajaj’s…