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

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Why The EV Industry Has A Bright Road Ahead In India

The electric vehicle (EV) industry in India has had a promising 2022 with decisive action from all key stakeholders—original equipment manufacturers (OEMs) and component makers to charging/ swapping infrastructure providers and governments (both, Centre and states)—and increasing acceptance among consumers….

Mahindra To Invest $1.2 Billion In Electric Vehicle Production Plant In India

Mahindra & Mahindra Ltd. plans to invest 100 billion rupees ($1.2 billion) in a plant to make electric sports utility vehicles, a significant shift for a company that has been heavily reliant on gas-powered cars. Mahindra will invest the funds…

Ola Electric S1 Scooter Range To OUTSELL Honda Activa in 2023: CEO Bhavish Aggarwal

In a rather optimistic claim, Ola Electric’s CEO Bhavish Aggarwal has said that by August 2023, the Ola S1 range will surpass Honda Activa as the highest-selling scooter in the Indian two-wheeler market. The Ola S1 range, which currently consists…

Amid Fuel Hike, Tiruchy Corporation En Route To Install EV Charging Spots Across City

The city corporation mulls over installing e-vehicle charging points at public spots in the city, with senior officials indicating Saravanan road to play host to the first of such facilitates next year. A senior corporation official said, “The projects is…

India Electric Vehicles Market With CAGR 77% by 2025 – Exclusive Report by Persistence Market Research, Inc.

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…

EU Agrees New Law On More Sustainable And Circular Batteries To Support EU’s Energy Transition And Competitive Industry

The Commission welcomes the provisional political agreement reached between the European Parliament and the Council aiming to make all batteries placed on the EU market more sustainable, circular and safe. The agreement builds on the Commission’s proposal from December 2020…

EVs at Auto Expo 2023: Greaves Electric To Unveil Five Two And Three-Wheelers

Greaves Electric Mobility Private Limited shared a glimpse into its ambitious EV roadmap of the future. The company is planning to unveil 5 new products across two and three wheelers at the upcoming Auto Expo 2023. The new products will…

FAME and PLI Schemes Promotes Use Of Electric Vehicles In The Country

The Union Minister of State for Heavy Industries, Shri Krishan Pal Gurjar in a written reply to a question in Rajya Sabha today informed that to promote the use of electric vehicles in the country and to make their manufacturing…

Mercedes Opens Its First EV-Only Dealership In The World In Japan

Mercedes-Benz’s first dealership in the world dedicated to its all-electric Mercedes-EQ brand opened in Yokohama, south of the Japanese capital on Tuesday, the German automaker’s local unit said. Mercedes-Benz has rolled out five electric models since 2019 and “sees further…

Toyota Rolls Out C-HR Plug-in Hybrid

Toyota on Monday teased a plug-in hybrid version of its C-HR subcompact crossover and confirmed more all-electric bZ models for Europe. The Toyota C-HR Prologue Concept shown Monday previews a next-generation model scheduled to debut in the near future. Toyota…