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

Nikola Recalls Electric Trucks Due To Battery Pack Fire Risks 

Nikola is voluntarily recalling its battery electric trucks because of a fire hazard issue tied to a battery pack component, the OEM announced Friday.  The manufacturer is alerting the National Highway Traffic Safety Administration about the 209 Tre BEVs affected by the issue and is…

John Deere Plans EV Battery And Charger Plant Near Winston-Salem 

A division of agricultural and industrial equipment maker John Deere plans to spend $69.6 million to build a battery and fast-charger factory near Winston-Salem.  The project in Kernersville will create 50 jobs and be the North American headquarters for John…

Stellantis’ Plans To Build $25,000 EV In US Clash With UAW Demands  

Stellantis CEO Carlos Tavares last month said the sweet spot for affordable electric vehicles is “around $25,000,” adding that reaching this price point will be essential to safeguarding the company’s US manufacturing footprint in the long run.  He also warned…

Tesla’s Enduring Legacy: Advancements In Electric Vehicle Technology 

Tesla, despite the antics of its CEO Elon Musk, remains an influential force in the world of electric vehicles. Its contributions to vehicle electrification, charging infrastructure, and plug design have been monumental. Legacy automakers and startups are still working to…

The Numbers Lied: GM Is Beating Ford in EVs 

Since taking the helm of Ford Motor Company (F -0.16%) in late 2020, CEO Jim Farley has been hyping the automaker’s electric-vehicle plans. In late 2021, Farley said Ford would be America’s No. 2 EV maker by the end of 2023, with plans to…

EV Adoption Could Spell Trouble For Oil Exporters 

As of 2022, the global car count stood at approximately 1.474 billion, with electric vehicles (EVs) accounting for 1.76%. The rise of EVs is increasingly being seen as a potential challenge to the future of the oil industry.  Asia has the…

Fisker Releases Additional Details On Fisker Rōnin 

Fisker Inc. (NYSE: FSR) (“Fisker”), driven by a mission to create the world’s most emotional and sustainable electric vehicles, today released additional details on its Fisker Rōnin Super GT, an all-electric convertible that was showcased at the company’s first-ever Product Vision…

First Electric Tugboat In US Coming To San Diego Bay 

It’s full steam ahead for the nation’s first electric tugboat coming soon to San Diego.  The zero-emissions tugboat, named “eWolf,” is designed to decarbonize and reduce emissions in America’s Finest City, Crowley announced in a press release.  On Wednesday, the…

Florida To See Less Gas Tax Money As More Electric Vehicles Hit The Road 

As more motorists drive electric vehicles, the change could put a dent in gasoline taxes, which play a key role in funding transportation projects in Florida, according to an analysis by state economists.  The analysis, compiled by the state Revenue…

Ford Is Losing A Lot Of Money In Electric Cars — But CEO Jim Farley Is Charging Ahead 

Jim Farley, the CEO of Ford, was pulling a U-turn in an electric vehicle. The reason? An elusive charging station.  “Where’s the charger? This is always what happens to me,” he said good-naturedly, as he turned his F-150 Lightning around,…