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

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Month: July 2023

VinFast Launched VF 3, VF 6, VF 7 And electric Bikes In Vietnam

VinFast officially launched three new electric car models including VF 3, VF 6, VF 7, and its first e-bike models in Vietnam. The launch event was held in the exhibition series “VinFast – For a Greener Future” – reflecting the 6…

Neo Breaksground Of European Permanent Rare Earth Magnet Plant To Support EV And Wind Turbine Manufacturing 

Neo Magnequench, a division of Neo Performance Materials Inc., has launched construction of the first rare earth magnet manufacturing facility in Europe designed to produce specialized rare earth permanent magnets for use in electric vehicles, wind turbines, and other clean…

GM Acquires Battery Software Startup In Quest To Become EV Battery Leader 

The acquisition of ALGOLiON Ltd., led by GM’s newly-formed Technology Acceleration and Commercialization (TAC) organization, will help the OEM bring new battery technologies to market faster, it said in a press release.  ALGOLiON, founded in 2014, has “developed sophisticated software…

Mercedes-Benz Picks Tesla’s Charging Standard For North America EVs From 2025 

German automaker Mercedes-Benz (MBGn.DE) said on Friday its electric vehicles in North America will adopt the Tesla-developed charging technology from 2025 and also get access to more than 12,000 of its Superchargers from next year.  The company joins American rivals Ford (F.N) and General…

Rivian CEO Has Encouraging Words About EV Production, Expanding Into Europe 

Rivian hit a “turning point” in the second quarter, crushing estimates by delivering 12,640 and producing nearly 14,000 electric vehicles.  After a slow start to the year, building 9,395 EVs in the first quarter, Rivian said it was as expected due to…

Chinese HiPhi EVs To Debut At Festival Of Speed 

The wave of innovative Chinese EVs that are coming to take over Europe continues at the 2023 Goodwood Festival of Speed presented by Mastercard, with the European public debut of HiPhi and the HiPhi Y.  The HiPhi Y is an electric…

2023 Kia Niro EV vs. 2023 Volkswagen ID.4 Comparison 

TV advertisements and car dealership lots are suddenly full of electric SUVs. As America’s automakers electrify their lineups, they’re starting with the vehicles Americans buy most. That means lots and lots of compact and midsize SUVs.  Among them are a…

Hackers Already Infiltrate EV Chargers. It Could Only Get Worse. 

With his electric Kia EV6 running low on power, Sky Malcolm pulled into a bank of fast-chargers near Terre Haute, Indiana, to plug in. As his car powered up, he peeked at nearby chargers. One in particular stood out.  Instead of…

Plug-In Hybrids Once Dominated EV Sales. Now Their Market Share Is Tanking

The age of the plug-in hybrid electric vehicle (PHEV) that can charge from a power point and fill up at the service station appears to be drawing to an end, at least in Australia.  Plug-in hybrids once dominated EV sales,…

GM Joins Electric Vehicle Upswing In Expanding US Market 

General Motors’ US electric vehicle sales more than doubled in the second quarter from the same period a year earlier, adding to evidence of a growing appetite among consumers for battery-powered cars and trucks. The Detroit carmaker said on Wednesday…