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

A Global platform specially designed & developed to keep the industry updated with the right Knowledge, News and Information about developments happening in the Electric Vehicles & Battery sector

Month: May 2023

Kia To Offer $7,500 Discount To EV Shoppers Opting To Lease One Of Its Models 

Kia plans to encourage shoppers to lease one of its electric vehicles to make the most of an Inflation Reduction Act provision.  While recently speaking with Auto News, Kia America’s sales chief Eric Watson noted that EVs only currently qualify for…

BorgWarner Secures EFan Business For Battery-Electric Truck From Global OEM 

BorgWarner has been selected to supply its high-voltage eFan system to a global commercial vehicle OEM for use in both the European and North American markets. This marks the first eFan system business in North America for BorgWarner, as well as its…

15 Years Of EV Charging Innovation: Alfen’s Journey From First Mover To European Industry Leader

With more than 500,000 EV charge points delivered in over 30 European countries, Alfen has helped to accelerate the energy transition by supporting electric mobility and enabling mass EV adoption, reducing dependence on fossil fuels and decreasing greenhouse gas emissions….

Small EV Prices Will Match Petrol Cars By 2025 – But Not In Australia

Small EV prices will match petrol cars by 2025 – but not in Australia  The International Energy Agency (IEA) has predicted smaller electric vehicles  ill match the price of equivalent combustion models in less than two years, but not in Australia.  EV…

Alabama Graphite Plant Will Supply For Electric Vehicle Battery Manufacturer 

A company building a $202 million graphite processing plant in Coosa County has announced a deal to supply the material for an electric vehicle battery maker.  Westwater Resources has announced a joint development agreement with SK On, a South Korean…

Here’s Every Electric Vehicle That Currently Qualifies For The US Federal Tax Credit 

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles, especially now that a slew of new credits have been reinstated to US consumers (alongside their fair…

Survey: Growing Portion Of US Shoppers Are Rejecting EVs

J.D. Power’s data show the number of shoppers “very unlikely” to consider an EV purchase in the next 12 months reached 21% in March. That’s up 2% from the month before and the highest “very unlikely” response J.D. Power had…

Got Brexit Done? Now Sort Electric Car ‘Cliff-Edge,’ UK And EU Told 

LONDON — Britain and the EU finally stopped beefing over Brexit — and electric carmakers want them to use the love-in to swerve an oncoming trade “cliff-edge.”  Fresh from resolving the post-Brexit deadlock over Northern Ireland trade rules, industry hopes…

Sweden’s First EV-Charging Road Will Power Electric Vehicles As They Drive 

The “E-20” highway stretch in Sweden will soon become the nation’s first functioning charging road to juice the batteries of heavy vehicles carrying freight around the nation.  E-20, (the E actually stands for Europe, rather than electric) runs between Hallsberg…

Siemens Opens Assembly Plant To Produce EV Chargers 

CARROLLTON, TX—Siemens has opened a new assembly plant here to produce chargers for electric vehicles. The company’s second EV charger manufacturing hub in the U.S., the factory will help the company meet its goal of producing 1 million EV chargers…