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

Schneider Electric Accelerates the EVTransition with Faster, Smarter, more Reliable Charging Solutions

Schneider Electric, the leader in the digital transformation of energy management and automation, today announced new eMobility solutions to address the biggest challenges to electric vehicle (EV) adoption. These innovations will improve the reliability, speed, and convenience of EV charging…

EV Realty, GreenPoint Invest $200M in Truck Charging

EV Realty, a commercial vehicle charging provider, is forming a $200 million joint venture with private equity firm GreenPoint Partners to develop charging hubs for medium- and heavy-duty vehicles. They join a growing number of firms pouring cash into topping…

CMA CGM Joins Renault and Volvo in Flexis Electric Truck JV

CMA CGM has joined the Flexis electric light van manufacturing joint-venture, formed between carmakers Renault and Volvo last month. The French container shipping line announced this morning it had invested €120m in Flexis SAS to acquire a 10% stake in…

International EV Charging Company Picks Knoxville for North American Headquarters

An international engineering company has chosen downtown Knoxville as its North American headquarters. VOITAS manufactures electric vehicle charging equipment and provides consulting on electrical automotive engineering operations. It has operations in Germany and Poland, and it has set up shop…

Tesla’s Sales Drop 9% for First Decline in Four Years as International EV Competition Revs up

Tesla posted its first year-over-year drop in quarterly car deliveries since 2020, stoking concerns about the company’s global market share as international competition has revved up. Elon Musk’s electric car maker on Tuesday said it delivered 386,810 vehicles globally in…

LOBO EV Forges Strategic Collaboration With CSM2017 to Expand E-Bicycle Business in Serbia

LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative electric vehicle manufacturer and seller, today announced its new strategic collaboration with Serbian distributor CSM2017 Doo (“CSM2017”), marking a milestone in its expansion into the burgeoning electric vehicle…

Biden EV Plan Needs American Mining

The Biden administration has just supercharged the electric vehicle (EV) revolution. With its finalized tailpipe emissions rule, the administration expects that by 2032 70% of new U.S. car sales will be electric. This lightning-fast transformation of the nation’s car fleet…

China Vows to Pull Out All the Stops for EV Supply Chain Buildup

The Chinese government plans to tap all the policy resources available to create a made-in-China electric vehicle supply chain, pressing three state-owned automakers to spend more on R&D. Business executives and senior government officials involved in EV policy announced plans…

Fast-Charging Lithium-Ion Batteries to Accelerate EV Adoption

Let’s dive deeper into the electrifying waters of lithium-ion batteries, where the University of Liverpool’s recent breakthrough is making waves. Their latest technology promises a future where “fast” is an understatement when it comes to charging our electric chariots and…

China’s SAIC Aims to Slash Jobs at GM, VW Ventures and EV unit, Sources Say

CHINA’S SAIC Motor aims to cut thousands of jobs this year at its joint ventures with General Motors and Volkswagen and at an electric-car unit, two people with knowledge of the matter told Reuters. The state-owned automaker hopes to cut…