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

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India

Why The EV Industry Has A Bright Road Ahead In India

The electric vehicle (EV) industry in India has had a promising 2022 with decisive action from all key stakeholders—original equipment manufacturers (OEMs) and component makers to charging/ swapping infrastructure providers and governments (both, Centre and states)—and increasing acceptance among consumers….

Mahindra To Invest $1.2 Billion In Electric Vehicle Production Plant In India

Mahindra & Mahindra Ltd. plans to invest 100 billion rupees ($1.2 billion) in a plant to make electric sports utility vehicles, a significant shift for a company that has been heavily reliant on gas-powered cars. Mahindra will invest the funds…

Ola Electric S1 Scooter Range To OUTSELL Honda Activa in 2023: CEO Bhavish Aggarwal

In a rather optimistic claim, Ola Electric’s CEO Bhavish Aggarwal has said that by August 2023, the Ola S1 range will surpass Honda Activa as the highest-selling scooter in the Indian two-wheeler market. The Ola S1 range, which currently consists…

Amid Fuel Hike, Tiruchy Corporation En Route To Install EV Charging Spots Across City

The city corporation mulls over installing e-vehicle charging points at public spots in the city, with senior officials indicating Saravanan road to play host to the first of such facilitates next year. A senior corporation official said, “The projects is…

India Electric Vehicles Market With CAGR 77% by 2025 – Exclusive Report by Persistence Market Research, Inc.

In a new report published by Persistence Market Research titled “Electric Vehicle Market: India Industry Analysis (2012-2016) and Forecast (2017-2025),” it has been observed that the India electric vehicles market is expected to expand at a CAGR of 77% in…

EVs at Auto Expo 2023: Greaves Electric To Unveil Five Two And Three-Wheelers

Greaves Electric Mobility Private Limited shared a glimpse into its ambitious EV roadmap of the future. The company is planning to unveil 5 new products across two and three wheelers at the upcoming Auto Expo 2023. The new products will…

FAME and PLI Schemes Promotes Use Of Electric Vehicles In The Country

The Union Minister of State for Heavy Industries, Shri Krishan Pal Gurjar in a written reply to a question in Rajya Sabha today informed that to promote the use of electric vehicles in the country and to make their manufacturing…

Lectrix EV To Add 300 Electric Two-Wheeler Dealerships By Mid-2023

Lectrix EV, the electric mobility arm of SAR Group, said that it will expand its presence in India by adding 300 dealerships by mid-2023. The electric two-wheeler company, which started operations earlier this year, currently has a network of more…

Tata Sells 20,000 Of Its $10,000 Tiago EVs In Just 2 Months

Over the past 10 years or so, a lot of new energy vehicle startups, and also legacy OEMs, have followed the same formula of starting with top of the range ($70,000 plus) electric vehicles and then moving slowly to develop…

Zoomcar Launches “Zoomcar Green” Program To Promote Eco-Friendly Car Usage

Zoomcar, the largest car-sharing marketplace covering emerging markets and dominating the self -driving car market in India, announced the launch of “Zoomcar Green” program by Q2 of 2023. The program comes in support of the market dynamics to move forward…