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

Year: 2023

Exxon Makes Foray Into EV Battery Minerals

Oil giant ExxonMobil is making a foray into electric vehicle batteries, saying it will extract lithium from water in Arkansas. The $100 million Exxon reportedly put into leasing the area where it plans to get the lithium is miniscule, however,…

Canoo Delivering First Made in Oklahoma Electric Vehicles to State Government

Canoo Inc. (Nasdaq: GOEV), a leading high-tech mobility company, today announced delivering its first Made in Oklahoma electric vehicles to the state of Oklahoma. This is a milestone that marks the start of Canoo’s phased-ramp manufacturing in Oklahoma and its…

Fisker Opens Fisker Lounge NYC, Invites Customers to Experience the All-Electric Fisker Ocean SUV

The Fisker Lounge NYC is located at 401 W. 14th Street in New York City’s Meatpacking District. The Lounge is Fisker’s first retail space on the east coast, following the debut earlier this year of the flagship Fisker Lounge at…

EV Batteries Need Nickel, And Indonesia has the Biggest Reserves. Now it Wants a Partnership with U.S.

The United States and Indonesia on Monday will discuss how to advance a potential minerals partnership aimed a stimulating trade of the electric vehicle (EV) battery metal nickel, according to three people with direct knowledge of the conversations. Next steps…

America’s Largest Pension Raised Bets on EV Stocks

America’s largest public pension by assets has rejiggered its tech investments, bulking up an already large bet on electric vehicles. California Public Employees’ Retirement System increased investments in EV makers Tesla TSLA2.22% (ticker: TSLA) and Rivian Automotive RIVN0.46% (RIVN), bought…

EVs and Hydrogen Set to Propel Europe’s Power Demand by 30% by 2035

Electric vehicles, renewable hydrogen and emerging technologies are poised to drive a 30% surge in European power demand by 2035. That’s according to a report from LSEG Power Research, which predicts that the electric vehicle sector will emerge as a…

GOACC Lunch and Learn Focuses on Electric Car Charging

Plugging Into NY’s Future: EV Ownership & Charging Installation Incentives Explained” is the topic for the Lunch and Learn that will be offered as a webinar and in the Greater Olean Area Chamber of Commerce office, 301 N. Union St.,…

VinFast Plans U.S. Dealer Network with 125 Sales Points in First Phase

VinFast Auto Ltd. (the “Company” or “VinFast”) (NASDAQ: VFS) today at Electrify Expo 2023, announced its aggressive plans for expansion across the U.S. with more than 70 dealer applications in hand. Updates on dealer agreements are expected to be announced…

Europe Must Democratise the Electric Car for the 80%

William Todts is the executive director of the clean mobility NGO Transport & Environment. Monique Goyens is the director general of BEUC, the European consumer organisation. Less than a month ago, Executive Vice-President Šefčovič and Commissioner Wopke Hoekstra committed to…

Switzerland Pulls the Plug on Tax Breaks for EVs

The Swiss Federal Council announced the news yesterday, stating that it is pulling the plug on the country’s 4% import duty exemption, with the decision going into effect on January 1, 2024. Although the exemption has been in place in…