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

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Omega Seiki Mobility To Deploy Insta Chargeable Rapid EVs With Log9 In Indian Market

Omega Seiki Mobility (OSM) and Bengaluru-headquartered battery technology startup Log9 Materials, has announced a strategic partnership to deploy 10,000 three-Wheeler Rage+ Rapid EVs in Tier II and III markets of India by FY24. Supporting these 3W EV Cargo Loaders will…

Hero Electric Continues To Top The Electric Two-Wheeler Sales In India

For the first time, registrations of Hero Electric’s scooters have entered the five-digit mark, with a total of 13,022 Hero e-scooters registered across India in March. As per vehicle registration data on the ‘VAHAN’ portal, a total of 46,569 high-speed…

Panasonic Industry Takes Action In Driving Europe’s Net-Zero Goals

Panasonic has welcomed experts from across the sector to address key issues around the future of electric vehicle technology and its effects on decarbonization. The Livestream held on 17th March 2022, “Driving Net-Zero: How electronic components are essential for green…

Hertz & Polestar Announce Global Strategic Partnership To Accelerate Electric Vehicle Adoption

Hertz (NASDAQ: HTZ) and Polestar, the Swedish premium electric performance car maker, today announced a new global partnership that includes purchasing up to 65,000 electric vehicles (EVs) over five years. Availability is expected to begin in Spring 2022 in Europe…

Automotive Electronics Market Set To Advance In India With CASE Convergence, E-Mobility, Among Others

Frost & Sullivan’s recent analysis, Indian Automotive Electronics Growth Opportunities, finds that continuous innovation and development in the automotive industry is boosting the demand for automotive electronics. Its increasing use in various vehicular applications, such as active and passive safety,…

MG Motor India Plans To Raise INR 5000 Crore For A Second Plant

MG Motor India is reportedly planning to raise fresh funds of up to ₹ 5,000 crore through external commercial borrowings (ECBs) or private equity route. According to a report on Time of India, the funds will go towards setting up…

Kaixin Auto Holdings Announces Intention Order for 20,000 Electric Vehicles

Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) announces today that it has reached into a strategic partnership with Beijing Camping Club Sports and Culture Communication Co., Ltd. (the “Camping Club”). Camping Club agrees to order at least 20,000…

Government Seeks To Change Rules Related To Vehicle’s Fitness Testing In India

The government has proposed certain amendments in the eligibility criteria for setting up an automated testing station to check vehicles’ fitness, rules to enable vehicle testing outside the state of registration and the norm to declare a vehicle as an…

Tata Power, Rustomjee Group To Build EV Charging Stations In Mumbai

According to a press release on March 28, Tata Power and Rustomjee Group have partnered to install electric vehicle charging infrastructure at the commercial and residential projects of Rustomjee Group in Mumbai. This collaboration will see Tata Power install a…

Government Of India To Investigate Recent Fire Cases Of Electric Vehicles

The Government of India will investigate the recent fire cases of electric vehicles, with an independent team of experts investigating the recent fire accidents in Pune and Vellore. Government sources told CNBC-TV18 on March 28 (a day after the Ola…