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

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Social-Distancing E-Scooter: Gemopai Miso Launched In India

Nearly a month ago Gemopai Electric, the Indian e scooter manufacturer, had teased the impending launch of what it describes as “India’s first social distancing scooter”. And ladies and gentlemen, the scooter is here: Gemopai Miso e scooter has been…

Another Hot EV Stock Is Coming To Market

The universe of buzzy electric-vehicle stocks is about to get a new entrant: Hyliion, a Texas-based battery-powered heavy-duty truck company founded in 2015. It plans to merge with Tortoise Acquisition Corp., a special-purpose acquisition company, by this fall. Tortoise’s stock…

Echo3 Electric Automobiles Bring Electric Vehicles Within Reach Of The Masses Like The Ford Model T

Echo3, the electric automobile company, is bringing electric vehicles to the masses much in the way Henry Ford’s Model T did from 1908 to 1927. The First Model T became available in October 1908. The Model T is the 3rd…

Solid-State Battery Market Global Forecast to 2027

The global solid state battery market size is estimated to grow from USD 62 million in 2020 to USD 483 million by 2027; it is expected to grow at a CAGR of 34.2% during the forecast period. Factors such as…

CATL Invests Millions In New Battery Research Centre

CATL has begun construction of an innovation laboratory at its headquarters in Ningde in the eastern Chinese province of Fujian. The laboratory, named 21C Lab, will focus on the development of next-generation batteries and new energy conversion systems. CATL has…

Hyliion Launches Fully Electric Powertrain, Announces 1,000-Truck Pre-Order With Global Logistics Leader Agility

Hyliion Inc., a leader in electrified powertrain solutions for Class 8 commercial vehicles, announced today the launch of its Hypertruck Electric Range Extender (ERX), a long-haul, fully electric powertrain delivering superior performance, emissions reductions and cost-savings to the global trucking…

Goodyear And Lordstown Motors Connect On Electric Vehicles

The Goodyear Tire & Rubber Company and Lordstown Motors announced a strategic relationship with the two Ohio-based companies agreeing to collaborate on tires and service in addition to future tire intelligence opportunities. The announcement coincides with Lordstown’s debut of its…

Damon Motorcycles Soars Past $16M In Preorders, Growing 60 Percent During COVID-19 Pandemic

Damon Motorcycles is experiencing skyrocketing growth despite the global economic effects of COVID-19. Since Mar 31 2020, orders have increased 60 percent, surpassing $16M for its line of Hypersport electric motorcycles. Following the company’s success in North America, Damon now…

EESL Announces Tender For 250 Electric Cars To Be Deployed Pan-India

The Energy Efficiency Services Limited (EESL) has invited bids for the procurement of 250 electric cars. These electric cars will come with three years of warranty and a comprehensive annual maintenance contract (AMC) of up to eight years. The contract…

Yulu Secures Investment From US-based VC Firm Rocketship

Yulu, India’s leading EV micro-mobility service provider today announced a fresh infusion of Rs 30 crores in equity funding led by US-based VC firm Rocketship and existing investors. The new investment will be used for further strengthening the mobility platform,…