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

#Bajaj

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…

Mahindra & Mahindra to Spruce up Electric 3W Play to Take on Bajaj

Mahindra & Mahindra (M&M) is looking to maintain its leadership in the small electric commercial vehicle segment by launching a slew of new products and pushing its manufacturing footprint further. This comes alongside the decision of M&M announced on May…

Bajaj Will Provide Over 1,000 Electric Three-wheelers for Last-mile Delivery to Flipkart Over the Next Two Years

Bajaj Auto and Flipkart on Saturday announced a strategic partnership to accelerate the adoption of electric vehicles (EVs) in the latter’s last-mile delivery operations. This collaboration signifies a significant step towards a greener future for the Indian e-commerce landscape. The…

RecycleKaro Partners Bajaj Auto For EV Battery Recycling

RecycleKaro, a prominent player in sustainable, lithium-ion battery recycling, has announced a strategic partnership with Bajaj Auto for the recycling of lithium-ion batteries. Under this partnership, Recyclekaro will employ its Hydrometallurgy technology to recycle end-of-life batteries from Bajaj Auto vehicles….

Bajaj Sunny electric scooter spotted testing

Bajaj is planning to revive another legendary scooter brand, the Sunny. A fully camouflaged electric scooter prototype was spotted testing around Pune. These pictures show that the Pune-based company is planning to bring back the Sunny brand but in an…

Bajaj Chetak E-Scooter Price Slashed To Rs 1.30 Lakh; Positioned Closer To Ather 450S, Ola S1 Air

Pricing in India’s electric scooter space has become a more sensitive topic since a substantial reduction in FAME-II subsidies for electric two-wheelers. Manufacturers have introduced more affordable variants to remain accessible to the masses, and now, in a bid to…

Bajaj Auto Amplifies Its EV Commitment With a ₹500 Crore Investment Plan For 2023

Bajaj Auto is pushing up its efforts in the electric vehicle (EV) market for both two-wheelers and three-wheelers. After passing the phases of evaluating product performance in the actual world and customer reactions, it has planned additional releases and investments.  In a post-earnings…

BYD India partners Bajaj Fin For Dealer Finance

Chinese electric vehicle maker BYD’s subsidiary BYD India has signed an initial pact with Bajaj Finance for access to finance to its dealers and customers in the country, the company said on Wednesday. The strategic partnership aims to provide comprehensive…

Bajaj Auto Looks To Expand Electric Vehicle Portfolio

Bajaj Auto is all set to expand its electric vehicle portfolio. After the Chetak electric scooter, the company will now roll out electric three-wheelers in September. Executive director Rakesh Sharma said the electric three-wheeler would be manufactured at the Waluj…

Bajaj Auto-KTM Partner To Enter E-Mopeds Segment

Bajaj Auto and its Austrian partner KTM have included mopeds in their multi-product line-up that will be made in India and exported to other markets. These light-weight mopeds will be powered by low power electric motors, with commercial production expected to…