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

A platform specially designed and developed to keep the industry updated with the right Knowledge, News and Information about developments happening in the Electric Vehicles & Battery sector

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Government Finalises Draft For Hydrogen-Powered Cars; Industry Moves One Step Closer To Fuel-Cell Vehicles

The automotive industry moved a step closer to the commercial launch of hydrogen-powered vehicles in India with the government-instituted automotive industry standards committee (AISC) submitting a final draft on its regulations. This is the second time the government is considering…

Human Horizons And Microsoft Partner To Create Onboard AI Assistant For HiPhi

At the World Artificial Intelligence Conference 2020 (WAIC 2020) held online this year, Human Horizons announces its strategic partnership with Microsoft to jointly develop an on-board AI assistant, the HiPhiGo, for HiPhi vehicles. Human Horizons is an innovative mobility company…

Global Electric Vehicle Traction Motor Market Is Projected To Reach USD 40.16 Billion By 2027

Electric Vehicle Traction Motor Market was valued at USD 2.63 Billion in 2019 and is projected to reach USD 40.16 Billion by 2027, growing at a CAGR of 40.7 % from 2020 to 2027. An Electric Vehicle Traction Motor uses…

Power Pioneer Invents New Battery That Is 90% Cheaper Than Lithium-Ion

Lithium-ion batteries play a central role in the world of technology, powering everything from smartphones to smart cars, and one of the people who helped commercialize them says he has a way to cut mass production costs by 90% and…

Mumbai-Based EV Startup Raises Funding To Launch Three New Models This Year

Mumbai-based electric vehicle (EV) startup Earth Energy EV announced that it received an undisclosed amount of seed funding. The company plans to use the funds to facilitate the launch of three vehicle models, which it has been working on. The…

CleanSpark And ReJoule Awarded $2.9M Second-Life Electric Vehicle Battery Grant With Support From Ford

CleanSpark Inc, a diversified software and services company, and ReJoule, a battery diagnostics and optimization company said that they have been awarded a $2.9 million grant from the California Energy Commission. The Utah-based company said the grant will be deployed…

Musk Says Tesla Is ‘Very Close’ To Full Autonomous Driving

Tesla is “very close” to achieving level five autonomous driving, a 100 percent driverless technology, the company’s co-founder Elon Musk said in remarks made via a video message at the opening of Shanghai’s annual World Artificial Intelligence Conference. “I’m extremely…

Lead Acid Battery Market Worth To Be USD 111 Billion By 2030

The global lead acid battery market is set for positive growth through 2030, expanding at a CAGR of 5.4% and surpassing a value pool of US$ 111.6 Bn by 2030-end. Presently, lead acid batteries find extensive usage as the primal…

Honda And CATL Forge Battery Cooperation

Honda has taken a one-percent in CATL as the companies seek a stable supply of battery cells and also closer cooperation in the areas of development and research as well as recycling and second-life approaches. The move comes at a…

Okaya Bags Contract From PGCIL

OKAYA has bagged a major contract from Power Grid Corporation of India (PGCIL) for supply, installation and commissioning of over 55 multi standard EV chargers (100KW) as per CCS2/CHAdeMO protocol, & 15 KW DC fast chargers as per DC-001 in…