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

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Kinetic Green Energy Partners With Cholamandalam Investment And Finance Company To Provide Smart And Easy Financing Options For Its Vehicles

Kinetic Green Energy and Power Solutions, a Pune-based company has brought in Cholamandalam Investment and Finance Company, a unit of the Murugappa Group to provide smart and easy financing options for its range of electric two-wheelers and battery-operated three-wheelers. Both…

ICE Vehicle Phaseouts Approaching In Europe, Boosting Demand For Hybrid & Electric Vehicles

A new Freedonia Group analysis finds that expanding regulatory support for the adoption of EVs by governments worldwide will boost sales of these units through 2026. In particular, European nations have been global leaders in adopting target dates for the…

GODI, The First Indian Company To Receive BIS Certification To Sell Li-ion Cells In India With Cells Made With In-house Technology For Electric Vehicles

GODI India, has achieved a new milestone by getting the prestigious Bureau of Indian Standards (BIS) certification for its 21700 cylindrical NMC811 lithium-ion cells. As per the BIS requirement, the Godi-designed and made-in-India cells were tested and qualified by TUV,…

Bajaj Auto Looks To Expand Electric Vehicle Portfolio

Bajaj Auto is all set to expand its electric vehicle portfolio. After the Chetak electric scooter, the company will now roll out electric three-wheelers in September. Executive director Rakesh Sharma said the electric three-wheeler would be manufactured at the Waluj…

Alayyan Group Is The Exclusive Distributor Of Wallbox Smart Chargers

The group has obtained exclusive commercial rights to represent the Wallbox brand in the Jordanian market, becoming the authorized distributor of its smart chargers in the Kingdom where it will be providing them to customers through a dedicated digital showroom….

EV Fast-Charging Infrastructure Market To Touch $18,909.8 Million Value By 2030, Says P&S Intelligence

According to the market research report published by P&S Intelligence, the revenue of the electric vehicle fast-charging infrastructure market was $3,240.7 million in the year 2021, and it is likely to touch $18,909.8 million by 2030, at a mammoth compound…

Planning To Buy A New EV: Here Are The Pros And Cons Of Electric Cars Over ICE Counterparts

With the world still changing and trying to adjust to the post-COVID era, the electric car industry has also already gone mainstream with sleeker, more affordable options to choose from. However, many consumers are still confused about shifting from internal…

UAE Based META4 To Invest INR 250 cr For EV 2 Wheeler Plant In India

The United Arab Emirates-based company META4 on Monday announced to invest Rs 250 crore to set up an electric two-wheeler manufacturing plant in Telangana. The plant will help create nearly 500 direct and 2, 000 indirect jobs in the state….

100 Vehicles Catch Fire In Delhi’s Electric Vehicle Charging Station

Yesterday, a massive fire broke out in Delhi’s Jamia Nagar electric vehicle parking station. A total of seven fire tenders reached the spot to douse the raging fire. Delhi Fire Service said that the situation is under control now. The…

AUTOS Nio Reports Wider First-Quarter Loss As Covid Shutdowns In China Hamper Deliveries

Chinese electric-vehicle maker Nio lost $281.2 million in the first quarter, wider than the $68.8 million it lost a year ago, as it scrambled to keep pace with intense demand amid China’s recent Covid-related shutdowns. Here are other key numbers…