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

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Chinese-made Electric Buses Showcasing Iconic Landscapes run Across Malta

Three Chinese-made electric buses, each adorned with vibrant images of iconic Chinese landscapes and cultural heritage sites, began operating across Malta on Saturday. The buses showcase renowned Chinese landmarks, including the Great Wall and the Summer Palace in Beijing, scenes…

Ceer Partners with Rimac Technology for High-performance Electric Drive Systems

Ceer, Saudi Arabia’s first electric vehicle (EV) brand, a joint venture between the Public Investment Fund (PIF) and Hon Hai Precision Industry Co. (Foxconn), has signed a partnership with Rimac Technology for the supply of high-performance, fully integrated Electric Drive…

Flipkart Deployed Over 10,000 Electric Vehicles in Delivery Fleet

E-commerce major Flipkart on Monday said it has deployed over 10,000 electric vehicles (EVs) in its delivery fleet as part of a phased integration of EVs in the last mile delivery over the past few years. The strategic adoption of…

Will unveil EV policy to curb pollution: CM

The Telangana govt will unveil a comprehensive electric vehicle (EV) policy aimed at safeguarding the city’s air quality and promoting the adoption of EVs throughout the state, chief minister A Revanth Reddy said on Monday. Speaking at an event to…

Xpeng Says P7+ gets 31,528 Orders 3 Hours after Launch

Xpeng’s (NYSE: XPEV) new flagship sedan, the P7+, appears to be getting good initial acceptance, with the Chinese electric vehicle (EV) maker sharing strong order figures. The P7+ had received 31,528 firm orders, breaking records for all other models in…

EV Startup MOOEV Technologies Secures Rs 4 Cr in Seed Funding

Electric vehicle startup MOOEV Technologies has secured Rs 4 crore in seed funding, led by Bizdateup with participation from Inflection Point Ventures and Spectrum Impact (Aarti Industries Family Office). The fresh funds will be utilized to deploy an initial fleet…

Bajaj Finance secures $400 million Loan from IFC to Boost Electric Vehicle Sales

The International Finance Corporation (IFC) has partnered with Bajaj Finance to provide a $400 million loan to the company in order to support women-owned microenterprises and women micro-borrowers, as well as to increase access to climate finance for electric vehicles…

Sterling Tools Partners with GLVAC to Boost EV Component Manufacturing in India

Sterling Tools Limited, through its subsidiary Sterling Tech-Mobility Limited, has joined forces with China-based Kunshan GLVAC Yuantong New Energy Technology Co., Ltd. (GLVAC YT) to enhance the manufacturing of High Voltage Direct Current (HVDC) contactors and relays in India. This…

Hala Mobility Secures Rs 51 Crore in Pre-Series A Funding to Expand Urban EV Fleet

Hala Mobility, an EV-as-a-Service platform, has successfully raised Rs 51 crore (approximately $6 million) in its pre-Series A funding round. The round saw participation from founders Srikanth Reddy and Snehith Reddy, Phani Ramineni (founder of Previa Health), and Rohan Bajaj’s…

Electric Two-Wheeler Sales Surge To 1.39 Lakh Units In October As Festive Season Fuels 85 Per Cent Growth

The festive season brought a surge in demand for electric two-wheelers, with retail sales reaching 139,031 units in October 2024. This marks an 85 per cent year-on-year growth compared to the previous year’s 75,164 units, as the 32-day festivities across…