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

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Europe

France Leads EU’s Electric Vehicle Charge as Stellantis Posts Huge Uptick in Sales

Stellantis, created in 2021 from the merger of Italian-American Fiat-Chrysler and French PSA, announced an 11% sales hike and a 7% rise in revenue for the third quarter of this year. While its revenue now stands at €45.1 billion, the…

France Reinvests in EV Charging Infrastructure to Meet EU targets

France aims to have over 400,000 electric vehicle charging points on its road network by 2030, including 50,000 fast charging points.Today, the public network has more than 110,000 charging points, making France the second best-equipped country in Europe, behind the…

Texas Public Policy Foundation’s New Report Claims to ‘Unmask the True Cost’ of EVs

The Texas Public Policy Foundation (TPPF) has released a new study, “Overcharged Expectations: Unmasking the True Costs of Electric Vehicles,” that takes aim at revealing “the true cost” of electric vehicles (EVs). The study highlights several key points, notably that…

Volkswagen Group’s Electric Car Order Bank Shrunk By 50% In Europe

The Volkswagen Group experiences lower-than-expected demand and sales of electric cars, but intends to maintain its pricing to prioritize margins and profitability.In the nine-month financial report, the company revealed that its order bank in Western Europe includes 1.4 million vehicles,…

Vietnam’s Vinfast Committed to Selling EVs to US Despite Challenges, Intense Competition

Vietnamese automaker Vinfast plunged right into the crowded and hypercompetitive U.S. auto market, gambling that if it can sell its electric vehicles to finicky Americans, it can succeed anywhere. So far, that gamble has yet to pay off. Its CEO…

Japan Aims For Joint EV, Chip Subsidy Rules With U.S. And Europe

Japan plans to set shared standards with the U.S. and Europe on subsidies for electric vehicles, semiconductors, and other critical fields, Japanese industry minister Yasutoshi Nishimura told the Nikkei, as reported by the newspaper on Tuesday. Discussions, aimed at promoting…

Fraport’s Frankfurt Airport Implements Bidirectional Charging for Electric Vehicles

Airport operator Fraport is gradually converting its fleet of vehicles to electric drives. Parallel to this, the charging infrastructure at Germany’s largest air traffic hub is also expanding and evolving.It now still works conventionally, with current flowing from a charging…

Global Wireless Charging Market for Electric Vehicles 2023-2030: Europe Leads the Charge in Wireless Electric Vehicle Charging Adoption

In the rapidly evolving world of electric vehicles (EVs), wireless charging technology is emerging as a game-changer, propelling the global wireless charging market for electric vehicles from USD 0.080 billion in 2023 to a projected USD 1.279 billion by 2030….

ChargePoint Is Bringing Tesla’s NACS Plug To Its Vast Network Of EV Chargers

ChargePoint, one of the companies racing to put EV charging stations all over the US, announced today that it is beginning to roll out support for the NACS connector that is quickly becoming the national standard. ChargePoint stations that have…

Delay EU Tariffs To Help Sales of Electric Cars, Says UK Car Industry

The UK car industry has said incoming tariffs between the UK and the EU could raise the price of imported electric cars by as much as £3,400 unless a solution is found by the end of the year. The Brexit…