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

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Prevail Electric Mobility To Set Up Additional Manufacturing Unit In Haryana For Electric 2-Wheelers

Prevail Electric Mobility, an arm of French lubricants major FRVelion, will set up an additional manufacturing unit in India for electric 2-wheelers to meet demand in the country besides catering to Nepal and Sri Lankan markets, according to a top…

Helbiz Partners With Lightning eMotors To Deploy Electric Vehicles For Fleet Management

Helbiz, a global leader in micro-mobility that is the business combination target of GreenVision Acquisition Corp., today announced that they are exploring the electrification of their fleet with Lightning eMotors, a leading manufacturer of commercial electric vehicles for enterprise fleets….

Anand Group, Mando Corporation Form JV To Develop Electric Vehicle Components

Anand Group and Mando Corporation have tied up to supply motor and controllers for the emerging 2/3-wheeler electric vehicle market. The joint venture partners collaborated for the first time in 1997, with the set-up of Mando Automotive India Private Ltd…

Dana To Invest USD 18 Million In Switch Mobility For 1% Stake

Switch Mobility Ltd, the electrified commercial vehicles company and subsidiary of Ashok Leyland Ltd, Indian flagship of the Hinduja Group, announced a strategic agreement with Dana Incorporated (Dana), the global leader in drivetrain and e-propulsion systems, to make a minority…

Hero Electric Raises ₹2.2 Billion In Series B Funding

Electric scooter manufacturer Hero Electric has announced that it has raised ₹2.2 billion as the first part of its Series B funding. Gulf Islamic Investments (GII) and Hero Electric’s existing investor OAKS Asset Management (OAKS) led the funding round. The…

Ola Electric Scooter Receives A Record 1 Lakh Bookings In 24 Hours.

Ola Electric CEO Bhavish Aggarwal announced that the much-anticipated Ola e-scooter has garnered 1 lakh bookings in just 24 hours of opening of pre-launch bookings, making it the ‘most pre-booked scooter’ in the world. Ola Electric had announced the opening…

BSES Rajdhani To Empanel Private EV Charging Infrastructure Providers In Delhi

BSES Rajdhani Power (BRPL) has invited proposals to empanel vendors for deploying electric vehicle (EV) charging infrastructure across various sites in Delhi. These include semi-public sites or commercial buildings such as malls, offices, etc.; institutional buildings such as hospitals, colleges,…

LG Chem To Invest 6 Trillion Won In Battery Business

LG Chem is aiming to invest 6 trillion won (4.4 billion euros or 5.2 billion dollars) in the expansion of its battery materials business for electric cars by 2025. They want to establish a new cathode material facility in Gumi,…

Tata Power Joins Hands With HPCL To Set Up EV Charging Stations At Its Petrol Pumps Across The Country

Tata Power, India’s largest integrated power company, has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL), a Maharatna Oil & Gas Public Sector undertaking, to provide end-to-end EV charging stations at HPCL’s retail outlets (petrol pumps) in multiple cities…

Startup Log 9 Materials Develops Fast-Charging Batteries For Electric Vehicles

Log 9 Materials, a startup incubated from IIT-Roorkee five years ago, has developed fast-charging batteries for electric vehicles, which will help extend the life of the power unit and adoption of EVs, an official said. The company is carrying out…