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

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Mahindra to Use Volkswagen Electric Components, Battery Cells

Volkswagen and Mahindra & Mahindra Ltd have signed a supply agreement on the use of key electric components of the German carmaker’s open platform for electric vehicles (EVs), the companies said in a statement on Friday. Mahindra plans to use…

Tirex Chargers and Government of Gujarat Ink MoU for One of the Largest EV DC Charger Manufacturing Plants in India

Tirex Chargers, a leading Original Equipment Manufacturer (OEM) of Electric Vehicle (EV) chargers, and the Government of Gujarat have formalized their commitment to India’s sustainable future by signing a Memorandum of Understanding (MoU) on January 6, 2024. The signing ceremony…

Europe Moves to End Reliance on China EVs With €4.4bn Factory Plans

Two of Europe’s largest car makers Stellantis and Mercedes-Benz have raised about €4.4 billion to set up three new electric vehicle (EV) gigafactories across the European Union (EU) in the coming years. The companies said in a press release on…

India Lithium-ion Battery Market to Hit Market Size of USD 30,860.6 Million By 2032

Indian thium-ion battery market generated a revenue of US$ 5,116.4 Million in 2023 and is estimated to reach US$ 30,860.6 million by 2032 at a CAGR of 22.1% during the forecast period 2024–2032. The Indian lithium-ion battery market is the…

Triton Electric Vehicle Delivers 5 Electric Mini Buses to BAPS Mandir, Abu Dhabi

This is TEV’s first Electric Mini Buses delivery in Abu Dhabi for the BAPS Mandir on the same day when PM Narendra Modi Inaugurated the Mandir in Abu Dhabi. Triton Electric Vehicle (TEV) is excited to inform that the company…

Global EV Sales Up 69% y/y in Jan

Global electric vehicle sales jumped 69% in January from a year earlier but were down 26% from December, reflecting subsidy cuts or tighter rules in Germany and France and seasonally weaker sales in China. Sales of fully-electric cars, or battery…

Kabira KM3000 and KM4000 MK2 Electric Motorcycles Launched In India; Prices Start At Rs 1.74 Lakh

Goa-based electric vehicle startup Kabira Mobility has launched the updated KM3000 MK2 and KM4000 MK2 electric motorcycles, priced at Rs 1.74 lakh and Rs 1.76 lakh (ex-showroom), respectively. These models were developed in collaboration with Foxconn and feature what the…

MXmoto Launches M16 E-bikes With Metal Body at Prices Starting From INR 1.98 Lakh

MXmoto, one of the emerging leaders in the clean mobility sector, has introduced the metal-strong M16 e-bikes with strength and durability for the Indian roads at ex-showroom prices starting from INR 1,98,000. The M16 e-bikes by mXmoto come with an…

Zapp EV Secures Commitment of up to $10 million to Start Production and Commercial Rollout of the i300 Electric Urban Motorcycle

Zapp electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today announced it has entered into a standby equity purchase agreement (the…

Wardwizard Innovations Dispatches 3,225 Units of Electric Two-Wheelers in January 2024

Wardwizard Innovations & Mobility Limited, a premier electric vehicle manufacturer known for its ‘Joy e-bike’ brand, has reported impressive growth in January 2024. With a 146% increase in sales compared to the previous year, the company dispatched 3,225 units of…