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

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Micro Electric Vehicles (EV) Market To Worth USD 5814.7 Million By 2026

The global micro electric vehicles market size is projected to gain momentum owing to the increasing popularity of micro-mobility services. This, coupled with the rise in environmental concerns that promotes the use of eco-friendly products, commodities, and services. According to…

NIO Launches Battery-As-A-Service To Make EV Ownership Even Easier

In a livestreamed media session, NIO Vice President of Power Management Shen Fei officially launched NIO’s new Battery-as-a-Service strategy. The new service decouples the battery from the purchase price of the vehicle, providing a lower up front purchase price, more…

Lucid Motors Says Lucid Air To Be The Fastest Charging EV Yet

Lucid Motors announced the Lucid Air will be the fastest charging electric vehicle yet offered with the capability to charge at rates of up to 20 miles per minute. For owners charging their Lucid Air in real-world conditions on the…

Korean EV Maker Edison To Invest Up To Rs 5,000 Cr In UP, Create 5,000 Jobs

South Korean electric vehicle maker Edition Motors today evinced interest in investing almost Rs 5,000 crore to set up its production facility in Uttar Pradesh. The company has proposed to invest Rs 500-700 crore in the first phase, Rs 1,000-1,500…

China’s CATL Developing EV Battery Without Nickel Or Cobalt

China’s battery manufacturer Contemporary Amperex Technology (CATL) is developing a new type of electric vehicle battery that doesn’t contain nickel or cobalt. Both nickel and cobalt are used in the batteries powering many of the market’s current EVs. Last month,…

Okaya Power Group collaborates With Prakriti E-Mobility For EV charging Stations

Okaya, a flagship company of Okaya Power Group, has announced a strategic partnership with Prakriti E-Mobility, India’s largest fleet operators of electric 4W vehicles with aim to provide well-laid out electrical vehicle charging stations for their fleet operations. Okaya EV…

Assam Tender To Procure 50 Electric Buses

The Assam State Transport Corporation (ASTC) issued a request for proposal to supply 50 electric buses in the state. Interested bidders are expected to make an earnest money deposit (EMD) of ₹10 million (~$133,827). The last date for the submission…

EVage 1st Startup In India To Manufacture ‘Exoskeleton Structures’ For EV Echoes PM Modi’s ‘Make In India Make For World’ Vision

In line with Prime Minister Narendra Modi’s vision Atma Nirbhar Bharat, mobility tech start up firm EVage introduces India’s first home-built ‘Exoskeleton Structure’ that will provide a common platform for launch of SUVs, Vans, Delivery Vehicles and Trucks. The disruptive…

New Tritium RT175-S DC Fast Charger Powers EVs To 80% In 15 Minutes

Australia-based Tritium has introduced a new DC fast charger, the RT175-S smart charging system, which powers EVs to an 80% charge in 15 minutes on average. The RT175-S is the first charger on the US market capable of Plug and…

Electric Vehicle Communication Controller Market Global Forecast To 2027

The electric vehicle communication controller (EVCC) market is projected to reach USD 563 million by 2027 from an estimated USD 55 million in 2019, at a CAGR of 33.8%. The growth of the controller market is driven by the increasing…