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

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Hero MotoCorp Hikes Price Of e-Scooter VIDA V1 Pro By Rs 6,000

The country’s largest two-wheeler maker Hero MotoCorp has increased price of its electric scooter VIDA V1 Pro by around Rs 6,000 in order to offset the impact of curtailed subsidy structure on electric two-wheelers coming into effect from June 1. …

Tata Motors Today Launches The Upgraded Nexon EV MAX XZ+ LUX

Tata Motors today launched the upgraded Nexon EV MAX XZ+ LUX at a starting price of INR 18.79 Lakh (ex-showroom, All India for the 3.3 kW AC charger). Enhanced with a superior and high-tech feature upgrade, this top-of-the-line variant of…

China’s EV Market Recovers, KARS A Fund To Watch

EV manufacturers in China almost all reported rising sales in May as consumer and EV market recovery continues. As demand continues to grow, the KraneShares Electric Vehicles and Future Mobility ETF (KARS) remains well positioned to capture gains.  China is home to…

Students Make Lightweight Bamboo Electric Vehicle For Global Competition

A  group of engineering students from Government Engineering College, Barton Hill, has developed an electric vehicle prototype. The team, named Pravega, comprises 26 mechanical engineering students from all four years of study.  The vehicle is a tear-drop-shaped three-wheeler weighing 100…

Tata’s EV Dominance In India Faces Challengers Even Without Tesla

Hyundai Motor and MG are among the electric vehicle makers challenging Tata Motors’ dominance in India, a market where Tesla has yet to arrive and Chinese automakers face hurdles to investment.  Hyundai Motor India plans to invest 200 billion rupees…

MG ZS EV Dominates In Resale Value In Droom Study

The automobile industry has been experiencing a significant shift towards Electric vehicles (EVs) as a more sustainable and eco-friendly mobility solution. Among the leading players in this emerging market are Tata Motors and MG Motor India, both offering impressive electric SUVs.  The…

Chinese EV Battery Maker Gotion Mulls Factory In Morocco

Morocco‘s government and China-based battery maker Gotion High Tech have agreed to look into setting up an electric vehicle battery plant in the kingdom with up to USD 6.3 billion in eventual investment, Morocco’s investment agency said.  The agency, AMDIE, gave no…

Chinese EV Firms Eager To Join FTI

Chinese electric vehicle (EV) manufacturers are keen to become members of the Federation of Thai Industries (FTI) to help drive the fledging EV industry in Thailand.  The FTI is in talks with Chinese car manufacturers and hopes to reach a…

Tata Motors Total Sales Decline YoY, Electric Cars Give Firm A Boost

Tata Motors sold 74,973 vehicles in May 2023, down 2 per cent year-on-year (YoY) as the automaker made gains in the electric cars (EV) market.   The company’s total private vehicle sales went up by 6 per cent YoY at…

Role Of IoT In Changing The EV Charging Landscape

Monitoring and data presentation through reports are made possible by IoT in EV charging, in addition to sending real-time alerts to consumers. All value chain stakeholders stand to gain significantly from IoT in terms of automating operations, user authentication, remote…