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: March 2024

Renault Expects to Close Electric Van JV With Volvo Trucks Within Weeks

Renault Group expects the closing of its joint venture in electric vans with truckmaker Volvo Group and the French shipping group CMA CGM to happen by the beginning of April, a spokeswoman said. Renault and Volvo signed binding agreements last…

U.S. Electric Vehicle Investments Have Grown to $188 Billion, Almost 200,000 Jobs

A year and a half after the passage of the Inflation Reduction Act (IRA) accelerated the U.S. markets for electric vehicle and battery manufacturing, a new report by Environmental Defense Fund and WSP USA finds continued strong growth. The report,…

ChargePoint CEO Expects More EV Stations as Use And EV Sales Keep Growing

Sales growth of electric vehicles in the U.S. has started to slow, and polls show it’s due in part to anxiety over running out of battery power and too few charging stations. But Rick Wilmer, the new CEO of ChargePoint,…

Shares of China’s Xiaomi Jump on News of its First EV Launch

Shares of Xiaomi jumped 12% on Tuesday after the company said it would start deliveries of its first electric vehicle (EV) this month.The tech giant, which is China’s fifth largest maker of smartphones, is venturing into the world’s top auto…

VW is Getting Into The EV Battery Business

With supply chains still in disarray and the war in Ukraine wreaking havoc on EV battery component commodity prices, many forward-thinking automakers are scrambling to secure not only stocks of the valuable metals like cobalt, lithium and nickel that go…

Honda’s First Electric SUV Qualifies for Full EV Tax Credit

Most people who buy Honda’s first-ever electric SUV will be able to take advantage of the full $7,500 EV tax credit offered by the U.S. government. “The federal tax credit applies to the purchase of all 2024 Prologues built after…

General Motors to Resume Electric Blazer Sales

General Motors said Friday that it is resuming sales of its electric Chevrolet Blazer after software issues forced the automaker to halt sales in December. The problems, which centered on the functionality of its touchscreen interface and fast-charging capabilities, were…

Automaker Rivian Pauses Construction of Its $5 Billion Electric Truck Plant in Georgia

The CEO of Rivian Automotive announced Thursday that the electric truck maker is pausing construction of its $5 billion manufacturing plant in Georgia to speed production and save money. California-based Rivian had planned to start building its new R2 midsize…

Daimler Truck North America Rolls Out its EV Dealer Certification Program

Daimler Truck North America just launched a dealer certification program to ensure a “world-class” experience for its electric truck buyers. The Battery-Electric Vehicle (BEV) Dealer Certification Program isn’t intended to be just another badge for dealers to hang in their…

The EU Just Got a Step Closer to Hitting Chinese EVs With Additional Tariffs

The European Union is moving closer to imposing additional tariffs on Chinese electric vehicles entering the bloc, citing new proof that the government in Beijing is providing illegal financial support for the industry. The European Commission, the EU executive’s arm,…