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

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Aptera Showcases New Electric Car That May Never Need To Be Charged

After shutting down in 2011 due to lack of funding, Aptera has now come back with a new electric car, one they say will probably never need charging. Back in 2011, the company had tried to secure a $150 million…

QuantumScape’s Battery Technology Is Huge for EVs

Battery start-up QuantumScape is playing host to a battery technology day on Tuesday. Quantum’s technology could be game changing for the electric-vehicle industry and for the company’s stock. But the technology and the company are new, so investors have to…

Germany To Extend Electric Car Subsidies To 2025

Germany will extend its enviromental subsidy for electric cars until 2025. A source informed, a day ahead of a German auto industry summit in Berlin. The existing tax incentive scheme – often referred as an environmental bonus (Umweltbonus genannt) is…

UK Startup Britishvolt Picks Site For $3.5 Billion Vehicle Battery Plant

Electric vehicle battery startup Britishvolt said it had selected a site in northern England to build a £2.6 billion ($3.5 billion) factory that should start production in 2023. The company, which so far has said it has raised about £10…

India Can Save Rs 1 Lakh Crore On Crude Oil Imports By Meeting 30% EV Penetration Target: Study

India can save on crude oil imports worth more that Rs 1 lakh crore ($14 billion) annually if electric vehicles (EVs) are to garner 30% share of country’s new vehicle sales by 2030, according to an independent study released by…

India Plans To Energise Electric Car Segment With Charging Kiosks Across 69,000 Petrol Pumps

Union Minister of Road Transport and Highways & MSME Nitin Gadkari, said the government is trying to create an ecosystem to accelerate the uptake of electric vehicles in the country. Addressing a virtual conference ‘9th Edition of Auto Serve 2020‘Electric…

Ola To Hire 2,000 To Fuel Electric Venture

Ride-hailing firm Ola aims to double the current headcount of around 2,000 people at its electric vehicle (EV) business in the next six months, said two people aware of the developments, which will potentially make it the largest vertical in…

After PLI Benefit, India Plans Easy Availability Of Finance For EVs

After rolling out policy initiatives to develop India as a hub for lithium-ion cells manufacturing, the Indian government is working on ensuring availability of affordable credit to the nascent electric vehicle industry. Government’s policy think tank, Niti Aayog has been…

Omega Seiki Partners TRANS ACNR For Refrigerated Containerised Electric Vehicles

Omega Seiki Mobility Pvt Ltd on announced a partnership with Transport Air-Conditioning and Refrigeration (TRANS ACNR) for jointly working on refrigerated containerized electric vehicles with lithium-ion batteries. To begin with, the partners have agreed to work jointly on design, development…

UNIST And Samsung Develop Novel Electric Vehicle Battery

The Ulsan National Institute of Science and Technology and the Samsung Advanced Institute of Technology announced that they have jointly developed a technology to increase the driving ranges of electric vehicles to 1,000 km and the technology is based on…