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

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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…

Nissan Teases Electric Pickup Truck, Ford To Build All New Electric Vehicle In Kentucky

Mention a new battery electric sedan to people and watch their eyes glaze over. It could clean your house, do the laundry, and make buttermilk biscuits for breakfast, but most people would rather stick a fork in their eye than…

Ultra Cheap VinFast VF3 Mini EV Considered For U.S. Lineup

Vietnamese automaker VinFast is reportedly considering adding a fifth vehicle to its planned U.S. lineup, and it’s a very unlikely choice – the VF3 mini crossover.Designed for the Vietnamese market, the VinFast VF3 could have potential for the U.S. market…

Mercedes-Benz CFO Says EV Market is ‘brutal’ And Unsustainable After Carmaker Reported Earnings

Electric vehicles are losing their luster as major automakers grapple with waning customer demand and the realization that mass adoption of EVs won’t happen without some hiccups. Mercedes-Benz is the latest to feel the pinch of high interest rates on…

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,…

Rizon Electric Trucks Receive EPA and CARB Certification

Rizon, the newest brand of Daimler Truck commercial vehicles, has achieved full homologation in the United States, clearing the way for the sale of its Class 4 and 5 medium-duty electric trucks nationwide, the company said in a press release….

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…

Ohio EPA Awards $3.2M in Grants for EV, Equipment Upgrades

Ohio EPA is awarding more than $3.2 million to seven organizations to replace aging diesel-powered vehicles and equipment with new electric vehicles and equipment. Ohio EPA estimates that these upgrades will greatly reduce annual emissions across Ohio, including those pollutants…

Bp Boosts EV Charging Network With $100 Million Order of Tesla Ultra-fast Chargers

Today bp (NYSE: bp) announced a deal in which bp pulse, bp’s EV charging business, will acquire ultra-fast charging hardware units from Tesla (NASDAQ: TSLA) for $100 million. The investment will facilitate the expansion of the bp pulse public network…

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…