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

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Altigreen Partners With Bolt.Earth to Deploy Charging Points for E3Ws

Altigreen, a pioneering manufacturer of electric vehicles for the last-mile sector, has partnered with Bolt.Earth, a leading provider of charging infrastructure for electric vehicles, to co-deploy 100 3.3 kW charging points for electric 3-wheelers in a month, and over 5000…

KG Mobility Partners with China’s BYD to Manufacture Electric Vehicle Battery Packs in South Korea

KG Mobility is set to build a battery pack manufacturing plant in South Korea, leveraging the technology of BYD, China’s largest electric vehicle manufacturer. On Nov. 1, KG Mobility announced that it had signed a “Battery Pack Factory Construction and…

Tata Motors Partners with Jaguar Land Rover for Avinya Electric Vehicle Series

Tata Motors has collaborated with Jaguar Land Rover (JLR) to develop Tata Motors’ premium electric vehicle series, Avinya. Through an agreement between Tata Passenger Electric Mobility (TPEM) and JLR, the latter has licensed its platform to TPEM for the production…

Emobi develops E2W with Musashi and Honda Power Pack for Last Mile Delivery Services

Bengaluru-based Emobi Manufactury Private Limited, Tuesday announced a strategic development partnership with Musashi Seimitsu CO Ltd. (Musashi), and with Honda Power Pack Energy India (HEID) for Battery Swap Services. Emobi, driven by a young team, challenges the concept of last-mile/bike…

China to Invest $2.8 Billion in Zimbabwe in Lithium

Chinese companies were awarded licenses in the third quarter that could see $2.79 billion of investment flow into Zimbabwe, mostly in mining and energy as the government pushes to develop some of Africa’s biggest lithium deposits and end power outages….

Terra Charge and SNM Cabs Collaborate to Develop Advanced EV Charging Hub

Terra Charge, a leading EV Charging Infrastructure company, has joined forces with SNM Cabs, an all-electric mobile-based ride-hailing service provider, to establish a dedicated EV charging hub near Pune airport. The collaboration aims to boost the adoption of electric vehicles…

China EV Maker BYD Reports Record Quarterly Profit of $1.42 bln in Q3

China EV maker BYD reports record quarterly profit of $1.42 bln in Q3 Reuters / UPDATED: OCT 30, 2023, 19:12 ISTB YD logged 22.12% in third-quarter gross profit margin, compared with 18.73% in the second quarter, according to Reuters’ analysis…

LeapCharger Eyes Operations in the UAE, UK, India & USA

LeapCharger Corporation (“LeapCharger” or the “Company”), an electric vehicle charging company with disruptive and innovative technology providing eco-friendly and sustainable solutions, is pleased to announce the launch of a digital marketing campaign on Instagram aimed at establishing brand recognition and…

Honda To Focus On Electric Vehicles, Plans To Launch SUVs In India

Honda Motor Co., Ltd., as part of its worldwide initiatives to attain carbon neutrality by 2050, will expedite the electrification of vehicles and maintain its investments in India, a crucial market for its future development strategy. During a meeting with…

Stellantis Leapmotor Deal Wins Mixed Reviews As It Seeks EV Traction

Stellantis’s deal with Leapmotor of China was welcomed by some analysts as vital in its bid to survive, or even thrive, as the electric car revolution gains pace. Some though considered it a bit risky. Stellantis, with its huge collection…