EV Update Media – Electric Vehicle News & Battery Industry Updates

We publish Industry-specific Magazines, customized Research Reports, organize Events, Webinars, Industry & Government interactions and much more

Industry Forecast

Electric Off-Road Vehicle Market To Reach USD 2,234 Million By 2028, Growing At a CAGR Of 18.9%

North America garnered more than half of the market share in 2021. The growth of the region can be attributed to the high regional market share. Additionally with the existence of various established market players including Polaris, Inc., Deere &…

Automotive Wiring Harness Market is topping a valuation of US$ 48 Bn by 2021, And Size, Current Trends, Challenges, Dynamics, Technology and Forecast 2021-2031

Substantial increase in the investment for automated driving activities and development of electric vehicles charging infrastructure across the globe are expected to remain key defining factors in the global automotive wiring harness market. As per FMI’s analysis, the global automotive…

Electric Vehicle Battery Market Size To Worth Around US$ 559.87 Bn by 2030

The global electric vehicle battery market size was accounted at US$ 46.03 billion in 2021. The burgeoning sales of the electric vehicles across the globe are expected to significantly drive the growth of the EV battery market during the forecast…

Electric Vehicle Market to Advance at CAGR of 26.62%, Policy Push, Newer Battery Technologies And Rise In Consumer Awareness Bolster Growth

Electric vehicles (EVs) of all types have been growing as the share of automobile sales in all key automotive markets. The penetration pivots on the growing government incentives, notably subsidies and exemption of road taxes. Of note, state policies are…

North American And European Commercial Vehicle Electric Drivetrain Growth Opportunities

The shift to electric powertrain calls for significant changes in vehicle architecture and design to accommodate critical power components such as batteries, fuel cells, and hydrogen storage. Commercial vehicles, although accounting for a minuscule proportion of the total VIO, are…

EV Test Equipment Market Worth $105 Million By 2026

According to the new market research report, EV Test Equipment Market, Global Forecast to 2026, published by MarketsandMarkets™, the global EV Test Equipment Market size is projected to grow from USD 42 million in 2021 to reach USD 105 million…

Indian Electric Rickshaw Industry Revenue Worth $1,394.2 Million By 2025

Most of the people living in Indian cities are still not wealthy, which is why the need for cost-effective public transportation, especially for short distances, has always been high. This factor is expected to propel the Indian electric rickshaw market…

India eRickshaw Market 2020-2025

The market for eRickshaws to reach close to a million units by FY25 owing to a revival of public transportation and tourism, demand from tier 1 & 2 cities, growing replacement demand, and an increase in penetration of vehicle financing….

India’s Transition To EVs Will Require $266 Billion Investment Over Next Decade: Report

India’s Electric Vehicle (EV) transition will require a cumulative capital investment of $266 billion, around Rs 19.7 lakh crore, in EVs, charging infrastructure, and batteries over the next decade, according to a new report by Niti Aayog and Rocky Mountain…

Battery Recycling Market Global Forecast To 2025

The battery recycling market is estimated to grow from USD 17.2 billion in 2020 to USD 23.2 billion by 2025, at a CAGR of 6.1% from 2020 to 2025. Reasons for growth of the battery recycling market include rising concerns…