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: August 2023

Korea Protests France’s EV Subsidy Rules 

Korea is expressing strong concerns over France’s proposed revision of electric vehicle (EV) subsidies as it could violate the Korea-European Union (EU) Free Trade Agreement (FTA), according to industry officials and trade experts, Wednesday.  The French government has said it is…

Seven Major Automakers To Partner On New 30,000-Unit EV Charging Network 

Access to reliable fast charging stations is one of the biggest hurdles the U.S. faces while trying to boost adoption of electric vehicles (EVs). Tesla’s nationwide network of Superchargers is hands-down the best in the country—if not the world. But…

Battery Firm Redwood Materials Raises Over $1 Billion To Expand US Ops 

Redwood Materials said on Tuesday it had raised more than $1 billion in new funding as the battery materials firm, founded by former Tesla executive JB Straubel, seeks to expand its operations in the United States.  The company in February…

Fisker Rolls Into Three New European Markets 

Fisker Inc. (FSR) is expanding its reach as it expands into three new European markets.  Fisker will begin delivering its electric vehicles to Belgium, Switzerland, and the Netherlands next month.  It will use the “lounge” showroom model it recently debuted…

Florida Residents Told to Move Electric Cars Before Idalia Hits 

Florida residents were encouraged on Monday to move their electric vehicles away from areas that “may be impacted by storm surge”ahead of Tropical Storm Idalia’s arrival. “We saw a number of fires associated with EVs [electric vehicles] from Hurricane Ian….

Mercedes-Benz’s First EV Charging Hubs Will Open This Fall 

Mercedes-Benz announced its first electric vehicle DC fast charging hubs will launch in the fourth quarter of 2023, with the first station locations coming to Atlanta, Georgia; Chengdu, China; and Mannheim, Germany. The so-called “Mercedes-Benz High-Power Charging Network” will have 2,000 chargers…

Turkiye Plans To Export Togg Electric Car To Europe In First Quarter Of 2025 

It is planned to export to Europe the first electric car produced by Türkiye – TOGG in the first quarter of 2025, the head of the Türkiye’s Automobile Initiative Group (TOGG), Gurcan Karakas said, Trend reports.  “Currently, 100 cars are produced per…

Wallbox And Kia America Join Forces On Bidirectional EV Charging 

Quasar 2 is a next-generation 11.5kW bidirectional charger that will enable EV owners to charge and discharge their electric vehicle to power their home, vehicle-to-home (“V2H”) or send energy back to the grid, vehicle-to-grid (“V2G”). A Kia EV9 can hold…

Electric Vehicle Leasing Is The Cheapest Option For New Car Buyers Across America 

Leasing an electric vehicle (EV) is now the cheapest option for new car buyers across the United States – thousands of dollars cheaper per year than buying or leasing a gasoline-powered vehicle.  This new economic dynamic is being driven by…

Hertz Is Selling EV Rentals All Wrong 

Hertz got huge publicity announcing an order two years ago for 100,000 Teslas. Since then they’ve taken on other electric vehicles as well. The problem, though, is that people aren’t reserving them.  I regularly search car rentals and find that…