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

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India Heading Towards 100% Electrification Of Vehicles

According to a report by the International Council On Clean Transportation (ICCT), nearly 50 percent of the world’s electric vehicle sales are concentrated in 25 global cities touted as the EV capitals of the world. Startups in India are, however, spearheading a…

India’s Fastest Charging E-Scooter- 450X All Set To Electrify Pune & Seven Other Cities

Sachin Bansal & HeroCorp backed Ather Energy is all set to unleash their next-gen electric scooters, 450X in Pune, Delhi NCR, Mumbai, Ahmedabad, Kochi, Coimbatore, Kolkata, and Hyderabad, after a successful launch in Bengaluru and Chennai. Ravneet Phokela, Chief Business…

UK May Soon Legalise Electric Scooters On Roads

Electric scooters could soon be made legal on roads in the UK and start replacing petrol-fuelled mopeds as part of a £90m plan to revolutionise how the country moves and help meet its net-zero emissions target. Alok Sharma, secretary of state for Business, Energy and Industrial Strategy, who…

Ideanomics MEG Announces Order Of Approximately $575 Million USD From Beijing Silk Road Rainbow Car Rental

Ideanomics has announced a new vehicle order through its MEG subsidiary from rental and leasing services company Beijing Silk Road Rainbow Car Rental Group Co., Ltd., the leading bus operator in Northern China for several major metro markets, including Beijing. The order is…

ABB Acquires Majority Stake In Chinese EV Charging Provider- Chargedot

ABB has completed its acquisition of a majority stake in Chargedot Shanghai New Energy Technology Co., Ltd. The deal was announced on October 28, 2019. The company supplies AC and DC charging stations, as well as the necessary software platform…

Magenta Power Launches ‘ChargeGrid Flare’, India’s First Street Lamp Integrated EV Charger

Magenta Power, a HPCL startup providing green energy solutions, has launched its first Street Lamp Integrated electric vehicle (EV) Charger called ‘ChargeGrid Flare’. The company has planned to roll-out its newly launched Street Lamp Integrated EV Charger into the market…

BMW To Discontinue Many Internal Combustion Engines 2021 Onward

In a press release that contains “profitability” and “EBIT” in its title, BMW included a bit of a bombshell in two paragraphs. First things first, up to 50 percent of “traditional drive train variants” will be eliminated from 2021 onwards. Hybridized and electric vehicles…

A Failure To Attract Gigafactories To Make Batteries For EVs Could Cost The UK 105,000 Jobs By 2040

The UK car industry risks losing out to Europe in the race to build major battery factories that are crucial to the sector’s future, putting jobs at risk across the country, Faraday Institution, a Government-backed research body has warned. Car makers around…

No Relief To The Auto Industry As The Negative Sale Continues Amid Coronavirus Worries

The decline in wholesale dispatches is primarily due to the ongoing economic slowdown and lower production of BS-IV vehicles, claims SIAM. With a weak outlook, there could be more disruptions and plant closures in the coming week amid growing concerns…