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

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‘Govt needs to promote basket of clean auto fuels, not just electric mobility’ – Indian Auto LPC Coalition

‘Govt needs to promote basket of clean auto fuels, not just electric mobility’ – Indian Auto LPC Coalition Indian Auto LPC Coalition, the industry body of auto LPG stakeholders has urged the government to promote a number of clean alternative…

Groupe Renault And Faurecia To Collaborate On Hydrogen Storage Systems For Light Commercial Vehicles

Groupe Renault and Faurecia will collaborate on hydrogen storage systems for hydrogen-powered light commercial vehicles. Starting at the end of 2021, Faurecia will supply hydrogen storage systems for a first fleet of light commercial vehicles. These systems will be developed…

Mazda First OEM To Join The eFuel Alliance

Mazda announced that it has become the first automotive manufacturer to join the eFuel Alliance. The Alliance brings together organisations and interested parties that support the goal of establishing and promoting CO2-neutral e-fuels and hydrogen as a credible and real…

Green Tax To Be Imposed On Vehicles Over 8 Years In A Bid To Clean Environment

A ‘Green tax’ will soon be imposed on older vehicles in a bid to clean up the environment by phasing out unfit and polluting vehicles. Union Minister for Road Transport and Highways Nitin Gadkari has approved the proposal to levy…

India’s Transition To EVs Will Require $266 Billion Investment Over Next Decade: Report

India’s Electric Vehicle (EV) transition will require a cumulative capital investment of $266 billion, around Rs 19.7 lakh crore, in EVs, charging infrastructure, and batteries over the next decade, according to a new report by Niti Aayog and Rocky Mountain…

Amazon Invests In Electrofuels Company Infinium

Infinium, an electrofuels solution provider, announced the close of a funding round bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP Ventures, Neuman & Esser, and the Grantham Environmental Trust. The proceeds will…

Biden Says He Will Convert Federal Fleet To Electric Vehicles

In remarks made at the signing of his Executive Order on Strengthening American Manufacturing, President Biden said that he would replace the federal government’s fleet of vehicles with electric vehicles made in the US. Such an investment in procurement, along…

French Utility EDF Sees Opportunity In Hydrogen Fuel, Battery Storage Space In India

French utility major EDF Energy is exploring business opportunities in the Indian market for electric vehicle (EV) charging infrastructure, hydrogen fuel and battery storage technologies, in line with its plans for the post-Covid-19 economy. Technologies such as hydrogen fuel and…

Norway’s EV Sales Rise To Record 54% Market Share

Electric-car sales in Norway overtook those of vehicles powered by combustion and hybrid engines last year. Full-electric cars made up 54 percent of all new cars sold in the Nordic country in 2020, up from 42 percent in 2019 and…

Battery Recycling Market Global Forecast To 2025

The battery recycling market is estimated to grow from USD 17.2 billion in 2020 to USD 23.2 billion by 2025, at a CAGR of 6.1% from 2020 to 2025. Reasons for growth of the battery recycling market include rising concerns…