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: 2024

DOE Closes on $9.6B loan to Ford’s BlueOval SK Battery Joint Venture

The BlueOval SK joint venture with South Korea-based EV battery manufacturer SK On was established to provide Ford a steady supply of domestically-produced batteries for its EVs. Battery production is slated to begin in 2025. The DOE’s Loan Programs Office…

Audi Starts Production of PPE Vehicles in China

Audi FAW NEV Company, a joint venture between Audi and Chinese carmaker FAW, started production on Tuesday of all-electric models in Changchun, capital of Northeast China’s Jilin province. The new production site is the first in the country to exclusively…

Taiwan Installs More Electric Vehicle Battery Chargers than EU Recommendation

Taiwan has a higher density of battery charging stations for electric vehicles than the rate suggested by the European Union, reports said Saturday. With 9,770 chargers, Taiwan now has one public EV battery charging point per 9.1 EVs, compared to…

Türkiye Leads Europe in Electric Vehicle Fast-charging Network

Türkiye currently ranks first in Europe in terms of socket power and the number of fast (DC) sockets per electric vehicle, according to Mustafa Yılmaz, president of the Energy Market Regulatory Authority (EPDK). The number of electric vehicles (EVs) has…

SCU Installs Solar EV Chargers for Maintenance Fleet

Paired Power and Santa Clara University (SCU) have partnered to provide direct clean energy to the University’s maintenance fleet and other electric vehicles. In October, the university announced that Paired Power, a leading American-made solar and microgrid electric vehicle charger…

Arlington Pumping Up on Public EV Charging Stations

Arlington County Government is jump-starting the number of Electric Vehicle (EV) charging stations it offers for the public.Just a few months ago, the County had provided just 15 public charging stations at facilities including Long Bridge Aquatics & Fitness Center…

Vulcan Energy Gains European Investment Bank Support for Project Financing

Vulcan Energy Resources Limited has announced that the European Investment Bank (EIB) Board has approved its participation in the Phase One financing of Vulcan’s project. This initiative aims to produce 24,000 tonnes of Lithium Hydroxide Monohydrate annually, potentially supporting the…

Stellantis and CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain

Stellantis and CATL today announced they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Designed to be completely…

Woman-Led Climate United Launches $250 Million Zero-Emission Truck Program at L.A. Ports

Los Angeles-based Climate United in a press release has announced a new program to offer affordable leasing options to small fleets and independent operators to lower operational costs and reduce air pollution in port communities, beginning at the Ports of…

Aquarius has Signed a Memorandum of Understanding with EnviroCharge to Conduct a Pilot in the U.S. for One of the Largest car Rental Companies in the World, in Exchange for $150,000

According to Gal Friedman, CEO of Aquarius: “We are proud to collaborate with one of the largest and leading car rental companies in the world on this groundbreaking project. This project will significantly increase the number of electric vehicles the…