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

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Rapid EV Growth And Decline In Battery Cost Are Creating Renewed Interest In Battery Swapping

Initial battery-swapping efforts during the early 2010s sought to allow battery EV (BEV) owners to quickly replace batteries, offering drivers practically unlimited driving range. However, the high cost of batteries and low number of vehicles that could access swap stations…

EV Startup Zypp Installs Twenty Battery Swapping Stations In Delhi-NCR

The green tech startup Zypp on Monday made its foray in battery swapping for electric vehicles, the company said in a press release. It has installed 15 battery swapping stations in Gurugram. As per the release, the users can use…

EIB Signs An Agreement To Boost The European EV Battery Production

The European Investment Bank (EIB) has signed a EUR 480 million loan agreement with LG Chem Wroclaw Energy, the Polish subsidiary of the LG Chem Group that was established to develop the group’s battery production facility in Europe. The financing…