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: April 2024

Honda Announces $15B Investment in Four Ontario EV Plants

Tokyo-based Honda Motor Co. will invest C$15 billion in four new electric vehicle assembly and battery manufacturing plants in Ontario, Prime Minister Justin Trudeau and Premier Doug Ford announced Thursday. Trudeau called the deal the “largest investment in Canada’s history,”…

LG Energy Delivers First Battery Cells From Tennessee Plant

SPRING HILL, TN—LG Energy Solution has delivered the first battery cells produced at the Ultium Cells’ assembly plant here. The cells will be used in General Motors’ third-generation electric vehicles, including the Cadillac Lyriq. The highly automated plant is the…

Xcel’s Plan for New EV Chargers, Rebates Cut by 40% by Colorado Regulators

Xcel Energy’s ambitious and expensive plan to develop the infrastructure to serve electric vehicles was cut by 40% to $264 million by state utility regulators who said the proposal failed to demonstrate that it “minimized overall costs and maximized overall…

Ascend Elements Launches Logistics Simulation at America’s First EV Battery Materials (pCAM) Manufacturing Facility

EV battery materials manufacturer Ascend Elements and the professional services firm Ernst & Young LLP (EY US) are collaborating on the road to net zero carbon emissions. Ascend Elements recently selected EY US to develop a complex logistics simulation model…

Honda to Build $11 billion EV hub in Canada

Honda Motor and yet-to-be-named joint venture partners plan to invest $11 billion in Ontario, Canada, to create a “comprehensive EV value chain,” the Japanese automaker announced Thursday. The company said the new North American electric vehicle epicenter will include new…

Tritium, Major Supplier of EV Fast-charging Equipment, is Insolvent

Tritium, an Australian high-speed EV-charging equipment manufacturer with a large-scale factory in Tennessee, notified regulators on Thursday that it was insolvent, casting uncertainty over whether it can continue to fulfill remaining orders for chargers or service those that its customers…

Wallbox Selected for $5.2 Million 48C Tax Credit by the U.S. DOE and IRS For Investments in Arlington Factory

Wallbox (NYSE: WBX), a leading provider of electric vehicle (EV) charging solutions, today announced that it has been allocated a $5.2 million tax credit under the highly competitive 48C Qualifying Advanced Energy Tax Credit Program by the U.S. Department of…

Kenya to Invest 1.9 mln USD to Boost EV Adoption in 3 years

Kenya Power, the country’s electricity distributor, said on Monday that it will invest 1.93 million U.S. dollars in the next three years to spur the adoption of electric vehicles (EVs) in the country. Kenya Power Managing Director Joseph Siror said…

Voltpost Introduces Lamppost EV Charger For Major Metro Areas

Voltpost, a new electric vehicle charging company, announced the commercial availability of its curbside EV charging solution, developed for major U.S. metro areas. The company’s idea is to retrofit lampposts into AC Level 2 EV charging points with minimum install…

Zero Motorcycles Launches Tesla Tap Mini | The Key to Expanded Charging Options

Zero Motorcycles, the global leader in electric motorcycles and powertrains, is thrilled to announce the launch of the Tesla Tap Mini, a pathbreaking accessory that significantly expands charging options for Zero owners. This launch marks a pivotal step in Zero…