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

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Okaya EV Partners With 12 Finance Companies For Low-Interest Financing

Okaya EV, an electric vehicle manufacturer, has partnered with 12 renowned financial solution providers, including HDFC, Axis, IDFC, Loan Tap, Bike Bazzar, and others, to provide customers with attractive financing alternatives for its electric vehicles. The partnership aims to provide convenient and hassle-free…

Andhra Pradesh CM Inaugurates Centre Of Excellence For Electric Vehicles Skills And Training

As part of developmental activities in the YSR Kadapa district, the Chief Minister, Y S Jagan Mohan Reddy, inaugurated the Centre of Excellence for Electric Vehicle Skills and Training that was set up by EV Masterclass, NREDCAP, and APSSDC at the skill development centre…

GM Drops Cadillac Lyriq Prices In China Following VW’s ID.3 Offer

General Motors is slashing the prices of its Cadillac Lyriq by almost 14% amid heightening competition in China’s EV market. The move comes days after Volkswagen introduced a “historical low price” offer on its ID.3 electric car.  According to the company’s website…

TVS To Launch An All-Electric Scooter on August 23, Details Inside

TVS Motors, the renowned two-wheeler manufacturer, is all set to create waves in the electric vehicle market with its upcoming launch.  In an exciting turn of events, TVS has sent out an exclusive invitation for an electrifying and ground-breaking “electric-flying” launch event….

Tiruchi Hotel Launches Public EV Charging Station

On Monday, ‘Charge Zone’, an unmanned fast-charging station, was launched at the Courtyard by Marriott Tiruchi, in the presence of S. Sivaranjani, District Environmental Engineer, and G. Ravichandran, Assistant Environmental Engineer, from the Tamil Nadu Pollution Control Board (TNPCB). “The…

Magenta Mobility Unveils New Plent EV Charger With 12 Charging Outlets

Charging solutions provider Magenta Mobility has unveiled PLENT, a new 3.3 kW charger targeting fleet operators and residential societies. The USP of the new charger is that it offers 12 charging outlets of 3.3 kW each to charge multiple vehicles…

GM Cuts Lyriq EV Price In China By 14% After VW Discounts

General Motors Co on Monday cut the starting price of the Cadillac Lyric in China by about 14%, joining Volkswagen in a new round of electric vehicle price cuts in a market where Global automakers are under pressure.  The Lyric,…

‘Chinese Storm’ Looming Over Europe’s EV Sector, Renault Chairman Warns

A “Chinese storm” is looming over Europe’s growing electric vehicle (EV) sector, Renault Chairman Jean-Dominique Senard told Reuters on Saturday, as Asia’s superpower dominates key raw materials to make batteries for zero emission cars. China’s recent decision to restrict exports…

Quantum Energy Partners Bike Bazaar For Retail Financing

Hyderabad-based Quantum Energy, an electric scooter start-up has inked a strategic tie-up with Bike Bazaar, a finance solutions provider for pre-owned and new vehicles. The agreement involves collaborating and powering a substantial number of Quantum Bziness Pro e-scooters.  Quantum Energy’s Bziness…

Reduction In Government Subsidies For Electric 2 Wheelers

The Ministry of Heavy Industries on 19 May 2023, announced a reduction in the subsidies provided under Fame II For Electric Two-wheelers, effective from 1 June. While this decision is likely to result in a price increase of about 20-25…