EV Update Media | USA & Europe – Electric Vehicles and Battery Industry News & Updates

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General Motors Says It Will Stop Burning Cash On Electric Vehicles By 2025

General Motors wants to be the biggest seller of electric vehicles in North America (maybe the planet, too?) and so far, it’s burning a lot of cash to get there. But by 2025, the cash burning will officially cease, as…

Rising Demand for Electric Vehicles (EV) Resulting in Lucrative Opportunities for Growing Number of Manufacturers

Adoption of EVs is rising due to increasing need for reducing dependence on imported oil and rapidly depleting fossil fuels. Costs of oil production is rising, which is leading to high cost for importing oil, and countries that are majorly…

Ford CEO: 40% Less Labor To Build Electric Vehicles

Ford CEO Jim Farley made a blockbuster of a statement this week. According to the somewhat jovial and optimistic cousin of late comedic actor Chris Farley, producing electric vehicles requires about 40% less labor than producing the same number of…

Beam Global Receives $2.9M Order from U.S. Department of Homeland Security for Sustainable EV Charging Infrastructure Products

Beam Global, the leading provider of innovative sustainable products and technologies for electric vehicle (EV) charging, energy storage, energy security and outdoor media, announced that the U.S. Department of Homeland Security (DHS) has ordered 32 Beam EV ARC™ sustainable off-grid…

Everything You Need to Know About Home Electric Vehicle Charging Stations

Americans are understandably anxious about switching to electric vehicles after more than 100 years of using gasoline. Two of the top three concerns about EVs surround the charging, with 60 percent of AAA survey respondents saying there are not enough…

Navigating Battery-Electric Vehicles’ Unique Demands

The U.S. Department of Energy estimates about 46,000 public electric-vehicle charging stations are scattered across the country today. This number is anticipated to grow exponentially in the coming years with the recent authorization of more than $1.5 billion in federal…

Electric Vehicle Charging Stations Global Market Report 2022

The global electric vehicle charging stations market is expected to grow from $4.03 billion in 2021 to $5.40 billion in 2022 at a compound annual growth rate (CAGR) of 34.1%. The market is expected to reach $17.85 billion in 2026…

Tesla Opens EV Charger Designs To Other Automakers In Hope To Become North American Standard

Tesla Inc. announced in a blog post-Friday that the company has decided to open the design of its electric vehicle charging connector to other automakers in an effort to encourage network operators and automakers to adopt the technology and help…

Think CCS Plugs Are Chonky? Wait’ll You See Megawatt Charging (MCS)!

One common criticism for EV fast charging plugs is that they’re chunky and big, or as the internet slang goes, they’re “chonky” like a fat cat. Probably the best example of this criticism was when Aptera promoted its petition for…

BMW Invests $1.7 Billion To Build EVs In The US

The USD 1.7 billion investment in the group’s US operations, includes USD 1 billion to prepare for the production of electric vehicles at the company’s existing US manufacturing facility in South Carolina, and USD 700 million to build a new…