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

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M&M Opts Out Of Below Rs 10 Lakh Electric Segment

The passenger EV market has seen two sub Rs 10 lakh launches by as many companies in six months. With prices in the same band as compact sedans and premium hatchbacks, Tata Motors’ Tiago EV and MG Motor’s Comet are…

In Race Against Fuel Challenges, Schneider Electric Canvasses Adoption Of EVs

As the demand for sustainable transportation solutions rises, Schneider Electric has emphasised the need for the adoption of Electric Vehicle solutions to alleviate future fuel challenges.  Ajibola Akindele, country president of Schneider Electric highlighted the firm’s commitment towards providing a reliable and…

Foxconn Plans To Pivot From IPhones To EVs Amid Rising US-China Tensions

When people hear the name Foxconn, they often think of factories in mainland China producing US-designed iPhones. However, as tensions between the two countries become increasingly volatile, the company is plotting a course to manufacture electric vehicles in facilities outside…

UK’s Faradion Inks Deal With Indian Startup For The Use Of Sodium-Ion Batteries

U.K.-based Faradion Ltd, a manufacturer of sodium-ion batteries, has announced a partnership with Infraprime Logistics Technologies (IPLTEC) to provide batteries for commercial vehicles in the Indian electric vehicle market.  IPLTech is a Gurgaon-based heavy goods vehicle fleet service provider. The company has been…

Lapa Electric To Make India’s First Electric Scooter With Carbon Fiber Chassis

Electric two-wheeler segment has witnessed a plethora of new brands, along with tons of innovation and unique design formats. A relevant example is EV startup Lapa Electric that has been working to create entirely new experiences for users.  Expected to…

Foxconn Plans To Set Up EV Production Line In India

Taiwanese contract manufacturer Foxconn has said in its latest annual report that it plans to set up a production line for two-wheeled electric vehicles (EVs) in India. The company intends to use the facility to cater to EV demand across…

Audi Chief Sets Sights on China in Electric Car Catch-up

Audi has to speed up development of new models to meet a surge in demand for electric vehicles, especially in China, the German luxury carmaker’s CEO said in an interview with Reuters published on Thursday.  “We are in the process…

China’s Luxury EV Maker HiPhi Unveils Interior Images of HiPhi Y SUV

HiPhi, the Chinese luxury electric vehicle brand owned by Human Horizons, revealed the official interior design images of its third model, the HiPhi Y.  According to the images newly released, the HiPhi Y’s interior design retains the architectural concept of…

Indian EV Manufacturer Ola Electric Set To Begin IPO Discussions

Ola Electric has been making waves in the motorcycle industry despite being confined primarily to the Indian market. The brand impressed the world with its rapid expansion across India, and is best known for its S1 electric scooter, making electric…

Simple Energy Accelerates Plans – 2 Affordable Scooters To Be Launched Soon

Bangalore EV startup Simple Energy has revealed its plans for affordable electric scooters. The two-wheeler EV startup started deliveries of the Simple One electric scooter on June 6.  Fresh from the relaunch and commencement of deliveries of the Simple One,…