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: October 2023

Tesla Taps European Stainless Steel Producer For Long-awaited Cybertruck

Tesla Inc. is sourcing some stainless steel panels for the exterior of its new Cybertruck from Finnish supplier Outokumpu Oyj, which has worked to accommodate the electric vehicle’s unconventional design, according to people familiar with the matter.The materials will be…

Treasury Department Aims To make It Easier To Get $7,500 EV Tax Credit In 2024

A new proposal by the U.S. Department of the Treasury would make it easier for consumers to get a tax credit when buying a new or used electric vehicle, according to tax and energy experts. Its proposed rules, issued Friday,…

Isuzu Electric ute Confirmed, Likely A D-Max EV

In words reported by AutoExpress, Shinsuke Minami, Isuzu’s chief operating officer, told the press at last week’s launch of the facelifted D-Max in Bangkok, Thailand: “Isuzu is actively taking efforts to realise a carbon-neutral society. Going forward, Isuzu plans to…

Arizona rural roads in need of electric vehicle charging stations

When John Martinson decided to take a road trip from Phoenix to Newfoundland, Canada, he knew it was not going to be an ordinary trip. He would drive an electric vehicle. Martinson and his wife have owned 10 of them,…

LG Energy Solution Invests $3B In US Battery Manufacturing Expansion

The battery supply deal is part of Toyota’s push to produce 3.5 million battery EVs a year by 2030. To support the push, the automaker announced plans last month to triple its annual EV production target to 600,000 vehicles in…

E-fuels Cannot Save Europe From Chinese Electric Vehicles

At the International Motor Show in Munich last month two things stood out: the number of sleek electric models from Chinese brands, and the European auto executives who had little to offer except to talk up e-fuels.The risk of European…

Volkswagen Is Releasing An Electric Transporter Next Year Using Ford’s EV Components

An electric version of Volkswagen’s iconic Transporter van will debut next year. For the first time, the Transport will not be based on the California camper but on a newly developed platform with Ford.Volkswagen’s Transport is one of the top-selling…

GM To Include EV Batteries In UAW Agreement

ELECTRIC VEHICLES: General Motors agrees to include electric vehicle battery manufacturing under its main agreement with the UAW, leading the union to pause expansion of its strike against the Big Three automaker. ALSO:Climate advocates join striking UAW workers on the…

Volkswagen Charges Up Electric Car Battery Production With Joint Venture

The Volkswagen Group’s new European battery joint venture aims to produce batteries for 2.2 million electric vehicles (EVs) by 2030.Newly christened Ionway, the AU$4.5 billion joint venture between Volkswagen’s battery subsidiary, PowerCo, and circular material technology company, Umicore was first…

Immersion Cooling For EV Batteries Market Worth $156.90 Million By 2030

Immersion Cooling for EV Batteries Market in terms of revenue was estimated to be worth $1.23 Million in 2022 and is poised to reach $156.90 Million by 2030, growing at a CAGR of 91.1% from 2022 to 2030 according to…