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

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Budget 2026–27 and the New Industrial Reality for India’s Auto and EV Ecosystem

By Bharath Krishna Rao CEO & Co – Founder, Emobi The policy framework for 2026–27 stands as a major milestone for India’s automotive industry. Contributing nearly 7% to GDP and supporting millions of jobs, the sector is entering a new…

Ford to launch $30k EV to take on Chinese rivals in the US

Ford plans to launch a budget EV priced at US$30,000 to compete with Chinese automakers in the US market. The company is developing a lighter, more efficient electric pickup that aims to deliver a 50-mile longer range while reducing costs…

Maruti Suzuki eVitara price starts at Rs 10.99 lakh without battery

Maruti Suzuki India Ltd on Tuesday announced the battery-as-a-service price for its maiden electric car, the e-Vitara, at Rs 10.99 lakh (ex-showroom). To be clear, the battery is not included in this price. The company has yet to reveal the…

Zoomcar Delivers Highest-Ever Contribution Profit, Marking Ninth Straight Profitable Quarter; Adjusted EBITDA Loss Improves 74% YoY; Net Loss Narrows 91% YoY

Delivered $1.38M in contribution profit, with contribution per booking reaching $14.10 in Q3 FY25–26.   Bengaluru, India — [February 17, 2026] Zoomcar Holdings, Inc. (OTCQB: ZCAR) (“Zoomcar” or the “Company”), India’s leading peer-to-peer car-sharing marketplace, today announced results for the quarter ended December 31, 2025 (Q3 FY25-26), underscoring continued execution on profitability and…

Charging as a Service (CaaS): Powering the Next Phase of EV Infrastructure Growth

As electric vehicle adoption accelerates worldwide, charging infrastructure has become a defining factor for scale. Charging as a Service (CaaS) is emerging as a critical solution by removing the financial, technical, and operational barriers associated with owning charging assets. Instead…

EKA Mobility, CRUT, Travel Time and GIZ Collaborate to Train Skilled Women E-Bus Drivers

EKA Mobility, one of India’s fastest-growing commercial electric vehicle (EV) & technology company, has successfully completed a two-week E-Bus Driver Skill Development Program for 20 women drivers from Capital Region Urban Transport (CRUT). The initiative was supported by the Deutsche…

Chinese car giant Geely targets 75 pct “new energy vehicle” share by 2030

Chinese automotive giant Geely Group, the parent company of brand names such as Volvo, Polestar, and Zeekr, will aim to exceed annual sales of 6.5 million by 2030 with a share of plug in and fuel cell vehicles accounting for…

India to Leverage EV Scale Into Influence and Strategic Depth: Kumaraswamy

India wants to turn its rapidly expanding electric vehicle market into a source of global influence and strategic industrial depth, H D Kumaraswamy, Minister of Heavy Industries, said while speaking at the 5th Global Electric Mobility Summit organised by the…

India

ACMA welcomes the India–US Trade Interim Agreement Framework

The Automotive Component Manufacturers Association of India (ACMA) welcomes the announcement of the Interim Trade Agreement framework between India and the United States, reflecting a shared commitment to strengthening bilateral trade, manufacturing cooperation, and resilient supply chains between the two…

ACMA Automechanika New Delhi 2026 opens, spotlighting India’s global aftermarket ambitions

The 6th edition of ACMA Automechanika New Delhi 2026 opened its doors today at Yashobhoomi, Dwarka, New Delhi, reaffirming its position as India’s definitive platform for the automotive aftermarket and a key convergence point for global auto component stakeholders. The three-day…