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

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IIT Madras and Altair Open eMobility Simulation Lab

The Indian Institute of Technology Madras (IIT Madras) has partnered with Altair to launch an eMobility Simulation Lab. Set up in the Department of Engineering Design, IIT Madras, this lab will have state-of-the-art products and tools along with financial support…

Chinese Officials to Rein in Nation’s EV Industry

China is cutting expansion in its electric vehicle sector, officials saying there isn’t enough external consumer demand and they will take, quote, “forceful measures” to stop construction of EV projects. To break this down for us, we have Yahoo Finance…

Ola IPO Will Drive Indian EVs Back to the Future

India’s electric vehicle makers are stepping into the spotlight. Ola Electric Mobility is revving up an initial public offering and could spark something akin to the mania that fueled share sales by Chinese upstarts like Nio a few years ago….

Grant Awarded to CIA for EV Charging Station

The Chilkoot Indian Association received a $1.4 million dollar grant for building an electric vehicle charging station. The station is intended for public use and construction is expected to begin this spring. The Chilkoot Indian Association will be getting an…

SUN Mobility to Energize 30,000 Bounce Infinity Scooters

Bounce Infinity, a leading electric scooter manufacturer in India and SUN Mobility, a global expert in battery swapping and energy infrastructure, have collaborated for the most extensive electric vehicle (EV) deployment in India. SUN Mobility plans to introduce 30,000 Bounce…

Volvo’s 10,000th Car in India is its First Pure Electric Offering

Volvo Car India has achieved a significant milestone by producing its ten thousandth car at its Bangalore facility. The company, which began assembly operations in 2017, has seen the highest production of the XC60 model, with over 4000 units produced…

Global Auto Market to Grow Modestly as China Leads EV Adoption

The global automotive market is projected to grow modestly this year, with a 1.6 percent increase to 84.12 million units signaling a tempered post-pandemic recovery, as global carmakers are looking to adopt strategies from Chinese carmakers to spur mass adoption…

BYD’s First Chartered Vessel Sets Sail with 5,000 EVs for Europe

BYD’s first chartered vehicle vessel has set sail from China’s southern city of Shenzhen, carrying more than 5,000 electric vehicles to Europe, state media Xinhua reported on Tuesday. Chinese automakers including BYD, Chery Automobile and SAIC Motor  have been placing…

Uber Partners with Tesla in Campaigning for EV Use

Uber has reportedly announced it aims to push forward with its emission-free mission by working with Tesla to promote the use of electric vehicles (EVs) in the United States, Reuters reports. According to Reuters, Uber’s senior vice president of mobility…

International Battery Company Powers up with $35M Funding to Bridge EV Gap in India

International Battery Company, a startup developing lithium-ion battery cells for electric vehicles, has raised $35 million as it plans to bridge the demand-supply gap in the growing EV market in India. Led by RTP Global, the pre-Series A round saw…