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

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America

ComEd Adds First All-Electric Bucket Trucks to Its Growing Fleet of EVs

As part of its continued commitment to accelerate the electrification of transportation, ComEd yesterday announced the addition of two new, all-electric bucket trucks to its fleet. The addition of new, zero-emissions vehicles is part of a ComEd initiative to transition…

Chevrolet Malibu Heads for the Junkyard as GM Shifts Focus to EVs

The Chevrolet Malibu, the last midsize car made by a Detroit automaker, is heading for the junkyard. General Motors confirmed Thursday that it will stop making the car introduced in 1964 as the company focuses more on electric vehicles. The…

Despite Charging And Range Anxiety, EV Owners Won’t Give up Their Cars

The fear of not having enough charge, is still a fear that occupies a part of EV driver’s minds and keeps some drivers out of pure battery-electric vehicles. However, a new study found that range anxiety is a complicated, multi-faceted…

China EV Stocks Sink on Reports of US Tariffs

Shares of major Chinese electric vehicle makers fell on Friday, after multiple reports said that the U.S. was preparing more tariffs against Chinese companies, specifically aimed at EVs and other key sectors. Li Auto Inc (HK:2015) (NASDAQ:LI), NIO Inc (HK:9866)…

Mexico disrupts China’s Potential Plan to Infiltrate US EV Market

Chinese automakers invested millions to build electric vehicle factories in Mexico. This move is a potential attempt to sell to American consumers while avoiding the high U.S. tariffs on cars imported from China. However, a recent report from Reuters has…

Ride-hailing Service Alto Launches First EV Fleet

Dallas-based ride-hailing startup Alto Experience Inc. has launched a small electric vehicle fleet, which it plans to quickly grow. Alto has partnered with Kia America Inc. to put 12 2024 Kia EV-9s on the streets of Dallas. The fleet launched…

US Supercharge Emerges as Key Player in EV Charging Industry Amid Tesla’s Retreat

As Tesla redirects its focus, US Supercharge sees an opportunity to accelerate the growth of EV charging infrastructure across the nation. By offering comprehensive solutions tailored to the needs of emerging EV charging companies, US Supercharge is laying the foundation…

EV Maker Zeekr Set to Raise US$368mil From IPO

Zeekr Intelligent Technology Holding Ltd, the high-end electric car brand under Zhejiang Geely Holding Group Co, is seeking to raise as much as US$367.5mil in a US initial public offering (IPO). The EV maker said in a filing last Friday…

FuelCell Energy and Toyota Motor North America Celebrate Launch of World’s First ‘Tri-gen’ Production System at the Port of Long Beach

FuelCell Energy, Inc. (Nasdaq: FCEL) and Toyota Motor North America, Inc. (Toyota) are celebrating the grand opening of the first-of-its-kind “Tri-gen” system at the Port of Long Beach, California, today. Tri-gen uses biogas to produce renewable electricity, renewable hydrogen, and…

US Loosens Some EV Battery Rules, Potentially Making More EVs Eligible for Tax Credits

The U.S. government on Friday loosened some rules governing electric vehicle tax credits, potentially making more EVs eligible for credits of up to $7,500 but leading critics to accuse the Biden administration of helping China. The Treasury Department announced final…