EV industry news updates

India's electric vehicle industry is experiencing rapid growth, driven by increasing adoption, the entry of new players, and supportive government initiatives. With over 100 players in electric two-wheelers and more than 400 players in electric three-wheelers, the domestic EV landscape is thriving.

Europe's electric vehicle (EV) market is expanding quickly, with various countries taking different approaches to the construction of infrastructure for public charging stations. The regulatory maturity of each nation is compared to its strategy for developing EV infrastructure in a report published by the European Commission titled "Competition analysis of the electric vehicle recharging market across the EU27 +...

The growth of the battery industry and the advancement of environmental sustainability are both significantly aided by the recycling of Li-Ion batteries. Li-Ion batteries can release toxic chemicals and metals into the environment if they are improperly disposed of in landfills. On the other hand, recycling these batteries can reduce the need for new battery production, save precious resources,...

According to LeasePlan's 2023 EV Readiness Index, the charging infrastructure sector has seen significant growth. According to the study, charging infrastructure increased by 45 points (+43%) over the previous year. Despite this, it continues to obtain the lowest scores, impeding the transition to EVs.

Regulatory barriers, density effects, and integration between CPOs and other actors are among the key factors that could exacerbate local market power in the EV charging market, according to a new report.

Electric vehicle (EV) adoption has been steadily growing in recent years, but a lack of charging infrastructure remains a key challenge. According to the EV readiness index 2023 by LeasePlan, the charging infrastructure maturity of countries like Germany and France has increased significantly, contributing to a smoother EV transition.

The automotive industry is undergoing a significant transformation, driven by the need to reduce carbon emissions and combat climate change. As a result, major automotive groups are setting ambitious targets to electrify vehicle production and sales, and to decarbonize their operations.