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

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Saietta And Padmini VNA Partner For Electric Motor Sales To Indian Market

The Saietta Group, a manufacturer of axial flux technology (AFT) electric motors, has announced a partnership agreement with Padmini VNA, an Indian Tier 1 automotive supplier. As part of the agreement, the duo is to develop new opportunities within the…

Arrival Partners With Uber To Design An EV For Ride-Share Drivers

EV startup Arrival has announced a new partnership with Uber to design and develop a purpose-built EV specifically for ride-share drivers. Arrival plans to invite Uber’s drivers to participate in the design process to ensure this new “Arrival Car” meets…

Ford, BMW Lead $130M Investing Round In Solid-State Battery Startup

Ford Motor Co and BMW AG are leading a $130 million funding round in a solid-state battery startup, Solid Power, as carmakers push to lower the cost of electric vehicles by investing in the development of affordable but powerful rechargeable…

Welectric Partners With MoEVing To Accelerate Adoption Of Electric Vehicles

Electric two-wheeler mobility start-up Welectric said it has partnered with MoEVing, another start-up working in the electrification of logistics sector, to accelerate the adoption of electric vehicles in last-mile delivery operations. Under the partnership, Welectric will provide 1,000 electric two-wheelers…

Fasset & NEC Payments Partner To Pilot Tokenising Tesla Supercharger Network In The Middle East

Fasset, a provider of a tokenisation and financing platform for sustainable infrastructure assets, and authorised to participate in the Central Bank of Bahrain’s (“CBB”) Regulatory Sandbox, has announced its Proof-of-Concept (PoC) tokenisation of a Tesla Supercharger charging unit, a decisive…

BMW Group Launches Battery Component Production In Leipzig And Regensburg

The BMW Group is launching production of battery components at its plants in Leipzig and Regensburg and expanding its e-drive production network. It has been less than a year since the decision was made to expand production capacity for e-drives…

Ola To Take Electric Scooter To International Markets This Fiscal

Ola Electric is looking at taking its electric scooter to international markets, including countries like France, Italy and Germany, this fiscal, a top company executive said. The company, which is working on setting up a ‘Hypercharger Network’ for its electric…

Hyundai, We Drive Solar & Partners Test Car-Sharing + Biodirectional Charging In Utrecht

Along with other partners, Hyundai and We Drive Solar are planning to test electric car-sharing in combination with bidirectional charging on a large scale in Utrecht, the Netherlands, starting this summer. The new Ioniq 5 will also be used for…

RattanIndia Forays Into Electric Vehicle Space

RattanIndia Enterprises, a New Delhi-headquartered private-sector power producer, has announced it is venturing into electric vehicle space by acquiring a substantial strategic stake in Revolt Intellicorp, a next-generation electric mobility company. The company will infuse an aggregate INR 150-crore fund…

SK Innovation Works With Kia To Recycle Spent Electric Vehicle Batteries

SK Innovation, a major electric vehicle battery maker in South Korea, will work with Kia Motors to establish an industrial ecosystem for recycling spent batteries from EV6, a new electric vehicle to be released by the car company in the…