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

America

Biden Spent Billions for EV Charging Stations, Only Built One

U.S. Energy Secretary Jennifer Granholm will meet with the state’s all-Democrat federal delegation at NASA to explain “how Bidenomics is helping lower costs for American families.” Granholm will also tout the purported benefits of the Biden administration’s billions in green…

Hyundai & Kia Take Second Place After Tesla in US EV Sales

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which…

Honda Considers US$14 Billion Plan for EV Production in Canada

Honda Motor Co is considering building an electric vehicle plant in Canada in a near ¥2 trillion (US$13.83 billion) project that could possibly include in-house production of batteries, Japan’s Nikkei news group reported on Sunday (Jan 7). The project could…

EV startup Fisker Struggling to Meet Internal Sales Goals, Documents Show

Fisker remains far from meeting CEO and founder Henrik Fisker’s publicly stated goal of delivering 300 electric SUVs per day globally. The EV startup spent much of December aiming to meet an internal sales goal of between 100 and 200…

Blue Bird Delivers First Electric School Bus Fleet to Carter County Schools in Kentucky

Blue Bird Corporation, the leader in electric and low-emission school buses, is supplying 23 electric school buses to Carter County Schools (CCS) in Kentucky. The zero-emission vehicles mark a new era of clean student transportation for the school district. CCS…

Clayco Nabs $5B Rivian EV Factory Project in Georgia

American automaker Rivian has selected Chicago-based construction firm Clayco to build its $5 billion EV manufacturing plant in Stanton Springs, Georgia, according to a company press release. The 1,800-acre complex will sit about 40 minutes from Atlanta, and will produce…

Buying an EV Just Got More Affordable

A change to the federal EV incentive that took effect Monday could widen access for low and middle-income buyers who want to go electric but have been excluded by high prices. The clean vehicle tax credit, which offers up to…

New US Rules on Chinese Batteries Could Push up Price of Electric Cars

The US government has announced new regulations that aim to keep Chinese batteries out of cars sold in the United States, a move that could push up the price of electric vehicles for American drivers. The Biden administration on Friday…

Electric Vehicle (EV) Battery Market to Reach US$ 347 Billion by 2033

According to a recent analysis by Fact.MR, the global electric vehicle (EV) battery market is expected to undergo substantial growth at an impressive Compound Annual Growth Rate (CAGR) of 18.5%, reaching a valuation of US$ 347 billion by the conclusion…

List of Electric Car Models Eligible for $7,500 Tax Credit is Cut to 13

The number of electric vehicle models eligible for a popular $7,500 consumer tax credit fell sharply as new rules from the Biden administration kicked in on Jan. 1. Narrower criteria reduced the number of qualifying models to 13 from about…