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

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IPO-Bound Ola Electric Becomes First Indian EV Company To Get PLI Nod

IPO-bound Ola Electric has become the first Indian e2W (electric two-wheeler) company to become eligible for the government’s production-linked incentive (PLI) scheme. The Ministry of Heavy Industries (MHI) has given its approval after a four-month-long process. While there has been…

MG Motor India Achieves 18% Growth In 2023 Retail Sales

MG Motor India has reported 18 per cent growth in total retail sales for the year 2023, reaching an impressive 56,902 units compared to the previous year. The company’s performance in December 2023 alone saw retail sales of 4,400 units,…

China’s Nio Produces EV Battery With 1,000 Km Range

In a significant development for the electric vehicle industry, China’s EV manufacturer NIO Inc. (NIO) has successfully developed a battery with a range of 1,000 km (621 miles). The live test drive, streamed by CEO William Li, showcased the E17…

YO Bykes Set to Dominate Electric 2-Wheeler Industry with High-Speed ‘YO TRUST’ Drift Hx Launch

YO Bykes, India’s leading fuel-agnostic mobility solutions provider, creates a new high-speed “YO TRUST” Drift Hx model for market access with the first-ever high-speed vehicle in Ahmedabad. Once again, it is launched in the presence of the MD and CEO…

Skoda Enyaq Electric SUV Spotted in India Ahead of 2024 Launch

Skoda Auto India has been testing the Enyaq electric SUV on Indian roads for quite some time now. It is expected that they will launch it in the Indian market by mid-2024. At first, Enyaq will come to India as…

China’s Zeekr Unveils Premium Electric Sedan Starting at Game-changing $29,449 price

Chinese electric vehicle brand Zeekr launched its first electric sedan, the 007, on Wednesday. Priced competitively at RMB 209,900 ($29,449), the 007 boasts fast-charging battery tech and is equipped with Nvidia’s Drive Orin processors for automated driving. The fully electric…

Mullen Enters New Phase of Battery Pack Testing

Despite the odds stacked against electric vehicle (EV) manufacturer Mullen Automotive, the company continues to push forward. Earlier this morning, management announced it would begin road testing its solid-state battery packs designed for its Class 1 electric cargo vans. As…

Plan to Deliver 5,000 Vader E-motorcycles in Next 6 Months, Says Odysse CEO

Deliveries of the Odysse Vader began earlier this month after the company received iCAT certification passing all tests. Nemin Vora – CEO – Odysse EV, revealed that the Vader electric motorcycle deliveries have commenced with over 5,000 bookings already in…

Toyota Launches Bozhi 4X Electric SUV in China, an Upgraded bZ4X Starting at $25K

A new electric SUV from Toyota’s joint venture, GAC-Toyota, is arriving at dealerships in China. The Bozhi 4X is an upgraded bZ4X model with starting prices of around $25,000 (179,800 yuan). GAC-Toyota launched the electric SUV on November 17 under…

MG Motor India Teams Up With For Enhanced EV Charging Network

MG Motor India has inked a Memorandum of Understanding (MoU) with Zeon Electric Private Limited to augment the existing EV charging infrastructure. This collaboration marks MG’s sixth partnership with a charging point operator (CPO) and signifies a significant stride in…