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: December 2023

EU’s Electric Dreams Short-circuited by EV Charging Gridlock

Electric vehicle drivers hoping to top up their batteries at one of Repsol’s 1,600 Spanish charging stations might well be disappointed, with nearly half lying dormant because they have no power connection. Such gaps are evident across the European Union,…

Westdale Selects Refuel Electric Vehicle Solutions (REVS) for Nationwide EV Charging Installations

Westdale Real Estate Investment & Management has selected Refuel Electric Vehicle Solutions (REVS) – a company specializing in turnkey EV charging solutions exclusively for multifamily properties – to facilitate EV charging installations at Westdale properties nationwide. In a strategic move…

EV Tax Credit Rules Would Clarify Restrictions on Foreign-made Batteries

The Treasury and Energy departments on Friday proposed rules that would establish which electric vehicles will qualify for tax credits under new thresholds aimed to limit battery ingredients that are made in or sourced from adversaries like China.The proposal falls…

Toyota Plans to Expand Battery EV Line-up in Europe to 6 Models by 2026

Toyota Motor said on Monday it would increase its line-up of battery electric vehicles in Europe to six models by 2026 and it expected such vehicles to make up more than 20per cent of new car sales in the region…

Scottsboro Now has EV Charging Stations

A ribbon-cutting was held Nov. 28 at Scottsboro Electric Power Board to celebrate the fast chargers for electric vehicles that have been installed at 404 East Willow Street. “As automakers retool their factories to build electric vehicles, many more EVs…

Octopus EV gets $700 mln Bank Funding to Expand Employee EV Scheme

An offshoot of Britain’s Octopus Energy has secured a half-billion pound banking deal to finance an expansion of its programme to allow the discounted purchase of electric vehicles (EVs) by the employees of corporate customers. Octopus Electric Vehicles operates a…

Salton Sea area could Produce Enough Lithium for 375 million Electric Car Batteries

The hot brine located in a vast underground reserve beneath the Salton Sea likely contains enough lithium to build batteries for 375 million electric vehicles, according to a new report released Tuesday. The report from Lawrence Berkely National Laboratory and…

EVs With Chinese Parts won’t Qualify for the full $7,500 tax Credit from 2024

The US government has released guidance that will make it harder for EVs to qualify for the full $7,500 tax credit if their batteries contain Chinese components or minerals. New guidance for EV tax creditsA couple of days ago, Electrek…

City of Santa Barbara Announces the Launch of its EV Rebate Program

Santa Barbara Clean Energy, the City’s program that supplies 100% carbon-free electricity to local homes and businesses, is announcing a cash rebate for City of Santa Barbara residents who purchase or lease a qualified electric vehicle (EV). This incentive is…

Car Dealers Warn Biden Administration to Pump Brakes on EV Plans

Most US car buyers aren’t interested in purchasing electric vehicles, incentives or not, a group of US car deals known as EV Voice of the Customer warned the Biden Administration on Tuesday. In a letter addressed to US President Joe…