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: October 2024

Stellantis Launches Electric Charging Service Free2Move Charge Go.

After announcing last year the launch of an ecosystem for electric vehicle charging infrastructure, which would cover residential charging, commercial charging, and public charging, Stellantis has now announced the launch of Free2move Charge Go – the second of three strategic…

Hanon Systems Invests $155 million to Build Ontario’s First-of-its-kind EV Parts Facility

Invest Ontario is supporting a $155 million investment by Hanon Systems, a global supplier of automotive thermal and energy management solutions, for the construction of a new facility in Woodbridge, Ontario to manufacture cutting-edge e-compressors for electric vehicles (EVs). The…

Xponential Battery Materials (XBM) Develops Critical US EV Battery Cathode Material from Abundant Industrial Waste Byproducts

With the surge in adoption of Electric Vehicles (EVs), a glaring reality has emerged – there’s an acute shortage of domestically critical EV battery raw materials in the US, EU, and elsewhere. The EV lithium-ion battery (LIB) industry is at…

StarCharge and Schneider Electric Form Joint Venture to Boost EV Charging and Energy Storage in Europe

Building on their May 2024 Memorandum of Understanding, StarCharge, a leader in EV charging and energy storage, and Schneider Electric, a global authority in energy management and automation, have finalized a joint venture agreement to drive advanced electric vehicle (EV)…

Ford Mustang Mach-E Battery Production Is Moving To America

The consumer-facing side of electric vehicles paints a limited picture of what’s happening in the broader automotive industry. But when you glance behind the scenes, things start appearing far clearer, to a point where it’s pretty evident that the future…

Costco Partners with Electric Era to Bring Back EV Charging in the U.S.

Costco, known for its discount gas stations, has left EV drivers in need of juicing up out in the cold for the past 12 years. But that seems about to change now that the big-box retailer is putting its brand…

Louisville Launches America’s First 100% Electric Garbage Truck Fleet

In what the city is calling a national first, Louisville, Colorado officials held a “ribbon cutting” last Tuesday to celebrate the launch of a new, all-electric residential recycling and waste collection fleet, which is already the city’s streets. Operating under…

Ghent-based MobilityPlus secures €40 million to drive EV charging growth in Belgium and France

MobilityPlus, a Ghent-based provider of EV charging solutions, has raised €40 million in a growth financing round. The funding, led by Suma Capital through its Climate Impact Fund III with additional backing from existing investor Concentra, will fuel MobilityPlus’s expansion…

CLEAResult Selected by AES Indiana to Implement Comprehensive EV Charging Programs

CLEAResult, North America’s largest energy efficiency, energy transition and energy sustainability services provider, was recently selected by AES Indiana, a subsidiary of The AES Corporation, to launch a groundbreaking new portfolio of electric vehicle (EV) programs that will remove barriers…

Adden Energy Raises $15M to Expand Accessibility of Electric Vehicles

Electric Vehicle (EV) adoption is one of the most meaningful steps an individual can take to combat climate change. Yet, current battery performance is holding back many consumers from electrification. Beyond the issue of range, EV batteries are slow-charging, have…