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

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Saudi Arabia signs $5.6bln deal with Chinese EV company

Saudi Arabia’s Ministry of Investment has signed a $5.6 billion deal with Chinese electric car maker Human Horizons to collaborate on the development, manufacture and sale of vehicles, the Saudi state news agency said in a statement.  The agreement accounts…

Nio Said Not To Join China’s EV Price War. Now It’s Cutting $4K Across All Models

Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday.  The news came as EV makers enter a price war in the world’s largest…

Mahindra BE.05 Electric SUV Interiors Teased

The BE.05 electric SUV was recently spotted testing in India. Spy shots revealed a single unit of the fully camouflaged test mule based on the concept that was unveiled in August last year. Now, a new teaser shared on the web gives…

HSBC, Tata Motors Join Hands For EV Financing

  HSBC India has partnered with Tata Motors for a corporate employee financing solution to accelerate the adoption of zero-emission Electric Vehicles (EVs).  Consumers holding a salaried account with HSBC India can apply for this one-of-a-kind tailor-made loan to purchase…

CHARGE+ZONE Deploys 1600 EV Charging Stations, Raises $125M for Expansion

EV charging company CHARGE+ZONE has announced the successful completion of its initial phase of deploying a highway EV charging network in India. The company has successfully installed over 1600 EV charging stations across more than 450 locations, covering a distance…

More Photos Of The Baojun Yep Are Out, And It Still Looks As Cute As Ever

Did you know that General Motors has been involved in a joint venture with Chinese firms SAIC and Wuling Motors since 2002, building budget cars under the Wuling and Baojun brands mostly for the Chinese market?  No? Well, you do…

Chinese-Owned Electric London Taxi Maker Reveals Next-Gen Tech

The Chinese-owned London Electric Vehicle Company (LEVC) has revealed the new platform that will underpin its electric vehicles, including the famous London black cab.  LEVC – which shares its Geely parent company with Volvo, Lotus, Polestar and Proton – says the new platform…

India’s Biggest Electric Vehicles and Battery Industry National Business Conference Series Now Comes To Gujarat

Gujarat’s electric vehicle policy targets to have 200,000 EVs on the road by 2025, including 110,000 electric two-wheelers, 70,000 electric three-wheelers, and 20,000 electric cars. Additionally, the Policy aims to offer a comprehensive solution to the issues hindering the spread…

March 2023 Electric Two Wheeler Sales; Record Breaking Deliveries By Ola and TVS.

Electric two wheeler sales in India during March 2023 increased by over 29% as compared to last month. The Electric two-wheeler sales crossed the 85,000 mark for the first time in a single month. Ola Electric and TVS recorded their…

bp pulse and Uber Team Up On Driver Charging As EV Momentum Builds

bp and Uber today announced a new global mobility agreement which will see the companies work together to help accelerate Uber’s commitment to become a zero-tailpipe emissions mobility platform in the US, Canada and Europe by 2030 and globally by…