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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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…

Ampere Acquires 74% Stake In E-Rickshaw Firm Bestway

Coimbatore-based Ampere Vehicles, a wholly-owned electric mobility subsidiary of Greaves Cotton, announced the acquisition of 74% stake in Noida-based Bestway Agencies Pvt Ltd (BAPL) which sells e-rickshaws under the popular ELE brand. Ampere Vehicles will acquire the balance 26% of…

Hyundai XCIENT Fuel Cell Heads To Europe For Commercial Use

Hyundai Motor Company shipped the first 10 units of the Hyundai XCIENT Fuel Cell, the world’s first mass-produced fuel cell heavy-duty truck, to Switzerland. The company plans to ship a total of 50 XCIENT Fuel Cells to Switzerland this year,…

Solar Vehicle Global Market Forecast 2023–2030

The global solar vehicle market is expected to be $329.5 million in 2023, and is projected to reach $4,087.6 million by 2030, registering a CAGR of 43.3%. North America is projected to be the highest revenue contributor, accounting for $138.5…

The Hydrogen Fuel Cell Vehicle Market To Reach $42,038.9 Million By 2026

The hydrogen fuel cell vehicle market size was valued at $651.9 million in 2018, and is projected to reach at $42,038.9 million by 2026, growing at a CAGR of 66.9% from 2019 to 2026. The key factors that impact the…

Volvo & Google’s Waymo Join Hands To Develop Self-Driving Vehicles

Volvo Car Group and Waymo have come on terms with a new agreement that makes the autonomous driving based company the exclusive partner of the Swedish luxury carmaker in Level 4 capabilities. The Technology brand is owned by the mighty…

Stanford Researchers Develop New Electrolyte For Lithium Metal Batteries Used In Electric Vehicle

Researchers at Stanford University have claimed they developed a new electrolyte design that boosts the performance of lithium metal batteries that could increase the driving range of electric vehicles (EVs). Electrolytes are liquid substances that are electrically conductive and enable…

German Luxury Carmaker To Take Stake In Chinese Battery Cell Maker Farasis

Daimler AG (commonly known and referred to as Mercedes) is to take a 3 per cent stake in Farasis, the Chinese battery cell maker, as the German carmaker ramps up its electric vehicle production. The Stuttgart-based company said it would…

Kerala Empanels Eight Companies For Setting Up EV Charging Stations

The Kerala State Electricity Board (KSEB) has disclosed the list of empaneled bidders that intend to set up electric vehicle (EV) charging stations for commercial operations at specified locations in the state. Last year, KSEB had invited bids from interested…

India’s $18,000 Tata Nexon EV Points To Global EV Affordability

India only sells about 2,000 electric vehicles a year – in a market of 4 million sales per year. The introduction of the Tata Nexon EV is arguably the country’s best attempt so far to make electric cars accessible to…