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

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#ElectrcVehicles

Snap-E Cabs Raises $2.5M in Pre-series A Led by Inflection Point Venture

Snap-E Cabs, an electric vehicle (EV) ride-hailing platform, has successfully raised USD 2.5 million in a Pre-Series A Round, led by Inflection Point Ventures. The funds will be allocated towards talent acquisition, technology upgrades, and expansion into new geographical locations….

GM’s Proxima EV Concept Revealed In China Sporting Buick Badge, Gullwing Doors

General Motors has revealed a new concept car dubbed Buick Proxima, which was created at its Shanghai-based design studio and provides a glimpse into the group’s future all-electric line-up.  The Proxima is a zero-emissions sedan that features impressive gullwing doors…

Kymco’s Suzuki Burgman Street 125-Rival Unveiled

Taiwanese two-wheeler manufacturing giant has unveiled a scooter that would ideally compete against the Suzuki Burgman Street 125 in India. Called the Dink, the scooter is available in two versions- 125 and 150.  Now the Kymco Dink sports a maxi-scooter styling with…

River Indie Vs Ola S1 Pro vs Ather 450X- Best Electric Scooter In India 2023

River Indie, Ola S1 pro, and Ather 450X are one of the most prestigious electric scooters in India at the moment. All the respective companies of these electric scooters have effectively reached their target audience in Indian Market and also…

Rana Group To Outlay INR 1,900 Crores In EV Business

Rana Group has declared an investment plan of INR 1,900 crore in the electric vehicle business in phases. The firm have inked two MoUs with the Uttar Pradesh government. First is to install 100 EV charging hubs in PPP mode,…

LION Announce Launch Of The LION5 Medium-Duty All-Electric Truck

Lion’s all-electric Lion5 launched as the premier vehicle for last mile delivery and more with GVWR Class 5-to-6 crossover capabilities,30,000 lb. max GCWR, 12,500 lb. max payload, Powered by Lion’s proprietary 800v LionBattery packs, Driving range up to 200 miles,…

Is This The New Mazda 6? Mystery Electric Sedans Teased In China

A successor to the ageing Mazda 6 sedan may be in development after all, with the choice of hybrid or electric power – but from an unlikely source: China.  Mazda executives have repeatedly poured cold water on plans for a new Mazda 6 –…

Chinese Electric vehicle Brands Expand To Global Markets

YOKOHAMA, Japan (AP) — Osamu Furukawa has driven lots of Japanese cars for his business converting classic gasoline-powered models to electric. But his favorite ride is an import: A battery-powered SUV from China’s BYD Auto.  BYD Auto is part of…

Lohum And ACKO Partner To Recycle And Reuse Batteries Covered Under EV Extended Battery Warranty Insurance

Lohum, sustainable energy transition materials producer, and ACKO, the tech-first insurer, have joined hands to recycle and reuse batteries, which will enable EV battery insurance in the country to include provisions for reusing and  recycling of the batteries.  Under the partnership,…

Government Staffs Can Get Interest-Free Loan To Buy e-vehicle

To execute the Electric Vehicle Policy 2021, the Department of Finance has issued guidelines for sanction of interest-free advance for purchase of electric vehicle by the Government employees. Principal Secretary, Finance Vishal Kumar Dev has issued the guidelines on Tuesday…