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

Unsold Electric Cars Are Piling Up On Dealer Lots 

The auto industry is beginning to crank out more electric vehicles (EVs) to challenge Tesla, but there’s one big problem: not enough buyers.  Why it matters: The growing mismatch between EV supply and demand is a sign that even though consumers are showing more…

BYD Challenges Europe With The ATTO 3 Compact SUV 

BYD of China, the world’s biggest seller of electric vehicles, has started its main assault on European markets with the ATTO 3. BYD has an awesome reputation for technical excellence and efficiency but European manufacturers can take some solace from the…

Stellantis Reveals Its STLA EV Platform 

International automaker conglomerate, Stellantis, unveiled the first of four scheduled new EV platforms that will soon power many of its future vehicles.  The new STLA Medium platform is destined to underpin a variety of brands under the Stellantis umbrella in…

Carvana Releases Top Ten Best-Selling Electric Vehicles in the First Half of 2023 

Carvana, an industry pioneer for buying and selling used cars online, announces its top ten best-selling electric vehicles for the first half of 2023 in order of units sold, with the Tesla Model 3 as the most sold electric vehicle…

Legrand Debuts Its Plug-And-Play Level 2 Home EV Charger In The US

Legrand’s Plug-In Home Level 2 EV Charger is pretty simple. It doesn’t require an electrician to hard-wire it into a house’s electrical system; it only needs to be plugged into a 50-amp power outlet – the kind that’s used for such…

Electric Tricycles Market Research

“Electric Tricycles Market” Insights 2023 By Types (Folding Electric Tricycles, Non-Folding Electric Tricycles), Applications (Cargo Electric Tricycles, Passenger Electric Tricycles) , Regions and Forecast to 2030. The global Electric Tricycles market size is projected to reach multimillion USD by 2030,…

EV Batteries & Their Lithium Sourcing Problems

While people and governments all over the world grapple with insanely high fuel prices, one might think EVs are better in this regard. Well, EVs seem to have another problem altogether – rising prices of Lithium. Lithium is the main…

ETFs In Focus On Surging EV Sales 

According to Investor’s Business Daily, sales of electric vehicles (EVs), specifically all-electric or battery electric vehicles (BEVs), will reach approximately 500,000 units in the initial half of 2023. This represents a significant growth of 41% from the 355,000 units sold…

VinFast Launched VF 3, VF 6, VF 7 And electric Bikes In Vietnam

VinFast officially launched three new electric car models including VF 3, VF 6, VF 7, and its first e-bike models in Vietnam. The launch event was held in the exhibition series “VinFast – For a Greener Future” – reflecting the 6…

Neo Breaksground Of European Permanent Rare Earth Magnet Plant To Support EV And Wind Turbine Manufacturing 

Neo Magnequench, a division of Neo Performance Materials Inc., has launched construction of the first rare earth magnet manufacturing facility in Europe designed to produce specialized rare earth permanent magnets for use in electric vehicles, wind turbines, and other clean…