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

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The Next 10 Years To See The India Electric Vehicles Market Growing Exorbitantly At A CAGR Of 77%

In a new report published by Persistence Market Research titled “Electric Vehicle Market: India Industry Analysis (2012-2016) and Forecast (2017-2025),” it has been observed that the India electric vehicles market is expected to expand at a CAGR of 77% in…

Europe Won’t Allow Mercedes’ EV Performance Subscription Fee, For Now

Mercedes raised some worried eyebrows with its recent announcement to offer additional power for its EVs via subscription. For electric EQE and EQS models, Mercedes will bump their horsepower if customers pay an additional $1,200 per year. However, that’s going…

How EV Startups Can Help India Achieve Electric Mobility 2030 Target

The government has stated that it intends to grow electric vehicle (EV) sales in India to capture the markets of 30% of private cars, 70% of commercial vehicles and 80% of two and three-wheelers by 2030. The target may appear…

Citroen C3 Electric Car Will Cost Rs 10L Approx In India; January 2023 Launch

The French automaker Citroen, which is owned by Stellantis, is placing a significant wager on the Indian subcontinent and has recently demonstrated a great deal of interest in gaining a larger market share. The C3 hatchback, the company’s entry-level model,…

Western, Central UP To Be Developed As Hub For EVs, Ancillary Industries

With a view to make Uttar Pradesh a USD 1 trillion economy, Chief Minister Yogi Adityanath has decided to transform western and central regions of the state into a hub for auto and electric vehicle industries, an official release said….

Peugeot Inception Concept Will Give A Glimpse At Brand’s Future Bespoke EVs

European automakers these days are all making plans to prepare for when they will eventually (have to) go electric by the middle of the next decade. Most are now in the process of coming up with bespoke electric vehicles and…

China Regulator Says Tesla Recalls More Than 80,000 Cars

Tesla Inc is recalling more than 80,000 China-made and imported cars produced from as early as 2013, for software and seat belt issues, a statement by the Chinese market regulator revealed on Friday. The U.S.-based electric car maker has recalled…

India’s Hero MotoCorp To Raise Two-Wheeler Prices From Next Month

India’s Hero MotoCorp Ltd (HROM.NS), the world’s largest two-wheeler maker by sales, said on Friday it would increase the prices of its motorcycles and scooters from Dec. 1 by up to 1,500 Indian rupees ($18.37) due to costs related to…

As India’s Electric Vehicles Become More Popular, Batteries Are A Big Business Opportunity

The future of electric mobility is bright in India, says a recent report by the India Energy Storage Alliance (IESA). The country’s EV market is expected to grow at a CAGR of 49 per cent by 2030 and may even…

Europe EV Charging Stations Market Report 2022

The research report provides an in-depth analysis of the European electric vehicle charging stations market and emphasizes on the current market trends, market size, market shares, recent developments, and forecast till 2029. The European electric vehicle charging stations market is…