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: June 2023

Autel Energy to Showcase Innovative EV Charging Solutions at Power2Drive Europe 2023 

Autel Energy, a leading provider of residential and commercial electric vehicle chargers, is excited to announce its participation in the upcoming Power2Drive Europe 2023, taking place on June 14–16, 2023 at Messe München, Germany. At this highly-anticipated event, Autel Energy…

Electric Vehicles: Weight Problem Set To Cause Issues For Parking Garages 

Before you park your car the next time in a multi-level parking garage, you may want to review the details of your insurance policy.    The reason: electric vehicles, which comprise a rapidly growing proportion of North America’s vehicle fleet, are…

Korea’s Cathode Supplier L&F Aims To Make It Big With Anodes 

L&F Co., a former LCD backlight unit maker, has long been a stranger even to locals in Daegu, a provincial city 165 km away from Seoul.  Many people still don’t know where the company, now South Korea’s leading battery materials maker,…

How Europe is Leading the Charge in Electric Vehicle Adoption 

Europe is leading the charge in electric vehicle (EV) adoption, with a rapidly growing market share and a strong commitment to a greener future. This acceleration in the transition to electric vehicles is driven by a combination of factors, including…

Dublin Nets Korean Supplier of Heaters for Electric Vehicles 

Dublin is the latest Georgia city to win a commitment from a South Korean automotive supplier looking to participate in the state’s burgeoning electric car sector.   Woory Industrial Co. Ltd. is set to invest $18 million and hire 130 people in what will be its first…

Global Automotive Lithium-Ion Battery Market Report 2023 

Global Automotive Lithium-Ion Battery Market size was valued at USD 40.53 billion in 2021 and is poised to grow from USD 48.19 billion in 2022 to USD 228.87 billion by 2030, growing at a CAGR of 18.9% in the forecast…

Toyota’s $50 Million Investment in New EV Battery Lab Amplifies North American Electrification Efforts 

Toyota Motor North America pledges nearly $50 million for a new electric vehicle battery lab, reinforcing the brand’s commitment to sustainable mobility and electrification in North America.  What’s Happening  Toyota Motor North America, Inc. (TMNA) plans to invest around $50 million in building a…

Over 75% of People in the US Would Consider Renting an EV as a Test Drive 

Electric vehicle sales are booming, with EVs representing more than 7% of all new light vehicles registered in the US in January. That’s a 74% increase from just a year ago, according to data from Experian.   But many people in the US…

EV Prices Likely To Be Slashed In Australia As Part Of EU Trade Talks 

The price of high-end electric vehicles could be dramatically reduced for Australian drivers as a result of trade negotiations with the European Union as the federal government mulls slashing the controversial luxury car tax or potentially scrapping it entirely for…

Mid-Michigan Truck Manufactures Invests $16M Into Electric Expansion 

A specialty truck manufacturer is making a $16 million expansion into electric trucks with a boost from state dollars for talent recruitment.  The Shyft Group, based 25 miles southwest of Lansing in Charlotte, plans to create 680 jobs with the…