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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Bajaj Auto Board Re-Appoints Rajiv Bajaj as MD and CEO

Rajiv Bajaj will once again be managing director and CEO of Bajaj Auto for the next five years, the two-wheeler maker said in a regulatory filing. Bajaj Auto board approved the re-appointment on Tuesday for a period of five years with effect…

Mercedes-Benz To Launch 10 EVs In India In The Next Two Years- CEO

Mercedes-Benz plans to launch more than 10 products in the current calendar year in India with a strong push towards SUVs substantially renewing its portfolio, a senior company official said on Tuesday. They would cater to all segments – from…

Tencent Backed Electric Car Startup-NIO Says It Might Not Survive Covid-19

Cash-strapped Chinese electric vehicle maker NIO said it had substantial doubt about its ability to remain operational in the next 12 months while awaiting new funding to shake off difficulties heightened by the novel coronavirus pandemic. “Based on the management’s assessment,…

Electric Vehicles Are Transforming The Automobile Industry And The Way People Perceive Public And Private Transport

The total worth of the global electric motorcycle and scooter market is expected to exceed US$ 14.29 Bn by the end of 2027. Besides, it is estimated that the global electric motorcycle and scooter market would expand at a formidable CAGR of 7.10%…

Battery Researchers Turn To Artificial Intelligence For Fast EV Charging Solutions

Today’s EV fast-charging technology remains slow by gas-station standards. Faster testing processes for new charging techniques would help. The battery sector is turning to artificial intelligence for clues on how to improve recharging rates without increasing the degradation of lithium-ion…

EV Sector Could Be Impacted By Falling Crude Oil Prices

Cheap oil could drive automakers to distraction. With crude futures near $26 a barrel, drivers might lose enthusiasm for electric vehicles, especially if governments put support on hold and let pump prices tank. But the push away from hydrocarbons is…

Proposed Ordinance To Advance Chicago In Preparing For EV Boom

A Chicago City Council committee approves an ordinance requiring certain new commercial and residential buildings to have at least 20% of parking spaces ready for EV equipment. Approved by the Committee on Zoning, Landmarks and Building Standards, the ordinance amends the city…

Hero Electric Announces New Dealerships, Further Strengthening Their Presence In Bengaluru

India’s Biggest electric vehicle brand, Hero Electric announced the opening of three new dealerships in the Bengaluru Area to further strengthen its presence in the city. The three new dealers – Jaideep Motors, Pulse Electrochem and VRS Motors – are…

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…