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

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Investment

Zapp EV Secures Commitment of up to $10 million to Start Production and Commercial Rollout of the i300 Electric Urban Motorcycle

Zapp electric Vehicles Group Limited (Nasdaq: ZAPP) (“Zapp EV” or the “Company”), owner of “Zapp”, the British electric vehicle brand on a mission to revolutionise personal urban mobility, today announced it has entered into a standby equity purchase agreement (the…

Toyota to Build Electric SUV at Kentucky Plant with $1.3 Billion Investment

Toyota has announced plans to invest $1.3 billion in its Kentucky facility to build a three-row electric SUV for the U.S. market. The new investments are part of the automaker’s efforts to implement an electric vehicle production line at the…

Southfield-based EV Project to Receive $60M Federal Grant

A Southfield-based electric vehicle project is receiving a $60 million grant from the U.S. Department of Energy. The project — by the U.S. Advanced Battery Consortium — will use the funds primarily for research and development of electric vehicle batteries,…

LS Targets N. America With Mexican EV Parts Plant

LS Electric said Monday that its electric vehicle parts subsidiary LS e-Mobility Solutions has recently completed the construction of an EV parts manufacturing plant in Durango, Mexico to target the North American electric vehicle market. The Durango plant, which covers…