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

Europe

Neo Secures Contract for EV Magnet Supply in Europe

Neo Performance Materials’ wholly-owned subsidiary in Estonia, NPM Narva OÜ, bagged the supply of sintered rare earth magnets to a European Tier 1 supplier of electric vehicle traction motors. The contract represents about 35 per cent of the finished magnet…

Volvo Cars’ Global Sales up 6 Per cent in July

Volvo Cars reported global sales of 57,447 cars in July, up 6 per cent compared to the same period last year. The sales increase was primarily driven by the strong sales of our fully electric cars in Europe. The company’s…

Share of Electric Cars in Portugal Above EU Average

More than 256.5 million passenger vehicles were on European Union (EU) roads in 2023, but only 4.48 million (1.7%) were 100% electric, according to Eurostat. In Portugal, there was a vehicle fleet of 5.9 million cars that year, of which…

Stellantis Experiences EV Production Challenges in Europe

Citroën ë-C3 deliveries were supposed to start in the second quarter. According to people familiar with the matter, ë-C3 preorder holders will likely receive their EVs after the summer breaks. Citroën’s ë-C3 order bank is currently at 30,000 units. The…

ZOOZ Power Success of Four Ultra-fast EV Charging Sites that Utilizes the ZOOZTER-100 Product in Germany

ZOOZ POWER Ltd. (NASDAQ and TASE: ZOOZ), the leading provider of flywheel-based boosters power management solution that enables ultra-fast multi-ports EV charging, is experiencing significant growth in Germany, due to the popularity of its ZOOZTER-100s at four sites, with a…

Leapmotor International Ships the First Batch of Leapmotor Electric Vehicles from China to Europe This Month

Leapmotor International, a 51/49 Stellantis-led company between Stellantis and Leapmotor, has shipped the first batch of Leapmotor electric vehicles – C10 SUVs and T03 cars – from Shanghai, China, to European ports this month, marking a significant milestone in the…

EV Sales Growth Stalls in Europe

Europe is supposed to fully switch to electric vehicles in little over a decade but sales growth of the climate-friendly vehicles stalled in the first half of the year, data showed recently. Instead, data from the European Automobile Manufacturers’ Association…

Vmoto Unveiled New Fast Charging Battery at International Press Conference in Italy

At the Misano World Circuit in Misano Adriatico, Italy, the Australian group Vmoto arranged a demonstration to compare light electric vehicles and traditional combustion engine vehicles, highlighting the readiness and maturity of EVs for urban transportation. At the conference, Vmoto…

Serbia, EU Sign MoU on Sustainable Raw Materials, Batteries, EVs

Serbia’s government said on Friday it signed a memorandum of understanding (MoU) with the European Union (EU) on the launch of strategic partnership in the fields of sustainable raw materials, battery value chains, and electric vehicles (EVs). The MoU was…

Ford Introduces the Reimagined All-electric Ford Capri in Europe

Ford recently introduced the all-electric Ford Capri, which the company said is “rewired for the EV generation.” With the return of the Capri, Ford said it has extended its EV offering again in the form of a classic sports coupe….