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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New Research Says Sodium-Ion Batteries Are A Valid Alternative To Lithium-Ion Batteries

Lithium (Li)-ion batteries (LIBs) are the electrochemical energy storage systems of choice for a wide variety of applications, however other types of emerging battery technologies are currently on the path to share their dominant position. Among them sodium (Na)-ion batteries…

Porsche Unveils Awesome 2.1 MWh Megapack-Like Mobile Charging System For Electric Cars

Porsche unveiled a mobile charging solution consisting of a 2.1 MWh Megapack-like battery system in a trailer that can charge 10 electric cars at once. The EV industry is still trying to figure out all the details of the charging…

Russia’s Uranium One Aims To Capture 10% Of Global Lithium Market By 2030

Russian state-owned mining group Uranium One Inc. plans to begin producing lithium in 2023 and to capture as much as 9% to 10% of the global market by 2030, the head of the country’s nuclear fuel distributor said in an…

LG Chem To Spin-Off World’s Largest Electric Car Battery Business

LG Chem plans to spin off its lucrative electric vehicle battery business, the world’s largest, to fund an expansion of its facilities through a potential initial public offering as it benefits from a surge in orders. The South Korean company,…

ADAS And Autonomous Driving Components Market Size Worth To Be USD 118.03 Bn By 2027

The global ADAS and Autonomous Driving Components Market size was valued at USD 24.05 billion in 2019 and is anticipated to reach USD 118.03 billion by 2027 at a CAGR of 21.9%. Factors affecting the increasing demand for the Advanced…

IIT-Hyderabad Incubated Electric Vehicle Startup PURE EV Launches In Nepal – Eyes South East Asia Expansion

IIT Hyderabad-incubated startup PURE EV has entered its first international market. The startup will be launching its premium model ‘EPluto7G’ in Nepal by October 2020 as part of its international expansion plans. According to a statement released by the company,…

Toyota To Invest Rs 2,000 Crore In India

Toyota Kirloskar will invest Rs 2,000 crore in developing vehicle technology and electric components in India, a top official said hours after a news article claimed the carmaker was bringing all new investments in the country to a halt. “Absolutely!…

Pune Announces Tender For 150 Electric Buses Under FAME-II Program

Pune Mahanagar Parivahan Mahamandal Limited (PMPML) has issued a tender inviting bids for 150 electric buses. The buses should be 12-meter-long, air-conditioned, and compliant with Bus Rapid Transit. The last day for the online submission of technical and price bids…

Groupe Renault, Partners Develop XCEED Blockchain Project To Certify Compliance Of Vehicle Components

Groupe Renault has developed the XCEED (eXtended Compliance End-to-End Distributed) blockchain project to certify the compliance of all vehicle components, from design to production. Designed and implemented in collaboration with leading automotive industry players, this tool enables greater responsiveness and…

UK Government Announces Grand Plan To Encourage EV Adoption

The government has announced more than £20 million of funding for schemes designed to increase the uptake of electric cars. Around £12 million will be spent on research projects into battery technology, while the government is also plotting other incentives,…