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

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inDrive to Strengthen EV in India

inDrive, the global mobility and urban services platform, is undertaking several measures to promote the use of electric vehicles in its fleet, for a more sustainable future. These include researching electric vehicle (EV) opportunities worldwide (with a focus in India),…

MG Motor India Installs 500 EV Chargers in 500 days

MG (Morris Garages) has set up 500 chargers in 500 days under its the company’s Charge initiative in India. Launched in 2022, the programme is dedicated to installing 1,000 charging points in 1,000 days in apartments, condominiums, and societies for…

Tata Passenger Electric Mobility Signs an MOU with Vertelo to Accelerate E-mobility in India

Tata Passenger Electric Mobility Ltd. (TPEM), a subsidiary of Tata Motors Ltd., known for pioneering India’s electric vehicle (EV) revolution, has signed a non-binding Memorandum of Understanding with Vertelo, a Macquarie managed integrated fleet electrification platform, for the delivery of…

Kenya to Invest 1.9 mln USD to Boost EV Adoption in 3 years

Kenya Power, the country’s electricity distributor, said on Monday that it will invest 1.93 million U.S. dollars in the next three years to spur the adoption of electric vehicles (EVs) in the country. Kenya Power Managing Director Joseph Siror said…

Macquarie to Invest $1.5 bn in EV Leasing, Charging Infra

Macquarie Asset Management (MAM) on Monday launched Vertelo, a platform to provide end-to-end solutions in fleet electrification, and committed to invest $1.5 billion over 10 years in India. The company aims to accelerate the transition of fleets to EVs and…

Pavna Industries Inks Deal with Ola Electric to Supply gnition witches, Latches for EVs

Pavna Industries Limited, a leading automotive parts manufacturer has inked an agreement with Ola Electric to supply ignition switches and latches, consolidating its foray into the electric two-wheeler segment. Under this agreement, Pavna Industries commits to providing high-quality ignition switches…

Sheeva.AI Empowers In-Vehicle Services Marketplace for New Citroen Vehicles in India

Sheeva.AI today announced in-vehicle payment technology through SheevaConnect™product suite for Citroen C3 Aircross SUV AT, the most budget-friendly automatic mid-sized SUV in India. The in-vehicle payments technology will allow the new Citroen C3 Aircross AT owners to pay for fuel…

Automakers Hope for a Cut as Two-way EV Charging Becomes Real

Automakers from General Motors to Volvo Cars, alongside utilities and charging app operators are calculating their financial cut as EVs that allow their owners to sell power back to grids become a more realistic prospect. Bidirectional, or vehicle-to-grid (V2G), charging…

PURE EV and PDSL Announce JV to Develop Next-Gen EV 2W in UK

PURE EV, India’s leading EV 2W OEM, today, announced forming a JV with Pragmatic Design Solutions Ltd (PDSL), UK. With a shared vision to transform electric mobility and enhance transportation affordability, PURE EV and PDSL (UK) collaborate to cater to…

Spain’s Ebro-EV Motors, China’s Chery Join Hands to Develop New Cars

Spain’s auto company Ebro-EV Motors and China’s Chery Automobile signed a pact on Friday to develop new electric vehicles through a joint venture in the northeastern Spanish city of Barcelona. Under the alliance, Chery will become the first Chinese automaker…