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: December 2024

All-new Jeep® Wagoneer S, the Luxury Off-road Capable Electric SUV, Launches ‘Beautiful Things Can Still Get Dirty’ Marketing Campaign

Jeep®, the iconic off-road adventure brand, is launching its marketing campaign for the all-new Jeep Wagoneer S, the brand’s first global battery-electric vehicle (BEV) arriving first in the United States. The campaign, “Beautiful Things Can Still Get Dirty,” will launch…

Motiv Electric Trucks Crosses 5 Million Mile Mark

Motiv Electric Trucks, a leading manufacturer of medium duty electric trucks and buses, today announced a significant milestone – the 5 millionth mile driven by a Motiv vehicle. The milestone is a reflection of Motiv’s 15 years of experience developing,…

Volkswagen and PowerCo Make Strategic Investment in North American Lithium Company Patriot Battery Metals

The Volkswagen Group invests US$48 million to acquire 9.9 percent of Patriot’s issued and outstanding common shares. The binding offtake commitment covers the supply of 100,000 tonnes of spodumene concentrate per year for a period of 10 years as soon…

Nio’s Europe-bound Firefly EV targets Smart and Mini

China’s Nio on Sunday said it would launch its new Firefly electric vehicle brand in Europe early in the first half of 2025, betting it would help the company overcome EU tariffs. William Li, Nio’s CEO, told reporters in Guangzhou…

Power Design Chooses Blink Charging to Supply EV Chargers to its Properties

Multi-trade contractor Power Design has selected US-based EV charger supplier Blink Charging to provide EV chargers and charging services at select locations. The agreement includes the provision of 429 Blink chargers, with a total of 723 plugs for use by…

Mober Secures Major EV Fleet Financing from BDO

Green logistics firm Mober has partnered with BDO Unibank, Inc. (BDO) to finance the acquisition of 60 new electric vehicle (EV) trucks, expanding its fleet to 110 EV units and solidifying its position as a pioneer in sustainable logistics. In…

LOBO EV Technologies Expands Robotic Lawn Mower Business in the U.S. and Australia with Strategic Manufacturing and Distribution Agreement

LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative e-bicycle, e-moped, e-tricycle, and electric off-highway four-wheeled shuttle designer, developer, manufacturer and seller, signed a strategic manufacturing and distribution agreement with Capital Fortress Assets Ltd. (“Capital Fortress”), a…

ChargePoint and General Motors Collaborate to Install Many Hundreds of Electric Vehicle Fast Charging Ports

ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), and General Motors (GM) today announced plans to further accelerate EV infrastructure growth in the U.S. The companies are joining efforts to install hundreds of ultra-fast…

Recycled EV Battery Metals Could cut Imports up to 25% by 2030

Materials from end-of-life batteries and gigafactory scrap have the potential to build up to 2.4 million EVs locally in 2030, research by Transport & Environment (T&E) has found. But the EU and the UK will not be able to harness…

LION ELECTRIC ANNOUNCES EXPIRY OF COVENANT RELIEF PERIOD AND DEFAULTS UNDER CERTAIN OF ITS SENIOR DEBT INSTRUMENTS

The Lion Electric Company (NYSE: LEV) (TSX: LEV) (“Lion” or the “Company”), a leading manufacturer of all-electric medium and heavy-duty urban vehicles, announced today the expiry of the previously announced covenant relief period under its senior revolving credit agreement entered…