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

#electricvehicles

XPeng Announces Vehicle Delivery Results for April 2022

XPeng Inc., a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for April 2022. XPeng delivered 9,002 Smart EVs in April 2022, representing a 75% increase year-over-year. The April deliveries consisted of 3,714 P7…

Each Incident Of Electric Vehicles Catching Fire Will Be Probed; Indian EV Industry Bound To Grow Beyond Our Imagination: Transport Secretary

Amid multiple cases of electric two-wheelers catching fire, Road Transport and Highways Secretary Giridhar Aramane on Sunday said every incident will be probed and asserted that the Indian EV industry is bound to prosper and grow beyond ‘our imagination’. Aramane…

EV Sales Break Record Globally In 2021, Market Share Drastically Up

The market share of electric vehicles around the world increased 41 times in the last 10 years and reached 8.3%. Last year, electric vehicle sales reached 6.75 million, up 108% from earlier. Within the scope of the goals of combating…

MG Motor Plans A Second Plant In India And Rs.5000 Cr Investment

After recently announcing a growth of over 69% in the first quarter of this year over Q4 2021, MG Motor India Private Limited according to reports, is planning to raise up to 5,000 crore in additional funds via external commercial…

Vienna To Stop Buying Combustion Vehicles From 2025

The City of Vienna will no longer procure any new petrol or diesel vehicles for the municipal fleet from 2025 at the latest. Possible exceptions apply to certain special vehicles for which no CO2-free alternatives are available by then. However,…

Germany May End Hybrid Car Subsidies By 2023, Electric By 2025-Sources

Germany’s economy ministry wants to terminate subsidies for plug-in hybrid cars next year while continuing support for buyers of electric cars for a few more years at a decremental annual pace, sources at the ministry run by the ecologist Greens…

Toyota Unveils First Electric Vehicle Since RAV4 EV In 2014

Toyota, the top-selling automaker in the U.S., is rolling out its first fully electric vehicle in eight years. The company on Tuesday unveiled the battery-powered bZ4X small SUV, which starts at $42,000 and can go up to 252 miles (406…

Lucid Announces New Lucid Air Grand Touring Performance Model with 1,050 Horsepower

Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, announced today that it has begun customer deliveries of Lucid Air Grand Touring and that it will introduce a new version of Lucid…

Nio Forced To Halt Production Due To Covid, Supply Chain Shortages

Chinese EV manufacturer Nio has been forced to suspend production due to local supply chain issues caused by the impact of further Covid-19 restrictions. Nio published a statement on its mobile app over the weekend explaining that “There will be…

Delhi Govt. Likely To Roll Out EMI Facility On Electric Two-Wheelers For Employees

In view of encouraging large-scale adoption of electric vehicles in Delhi to reduce air pollution, the city government plans to provide e-two-wheelers to its employees on easy monthly installments, officials have said. The government had on Thursday announced a major…