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

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An Electric Car Arrives In Europe With a Battery That Does Not Degrade In 100,000 km

The market of electric vehicles is growing unabated in Europe, but there are still drivers who are reluctant to get on the electric train. Some of the reasons are that prices are through the roof compared to combustion cars, that the autonomy is still limited,…

EU Seeks To Revive Latam, Caribbean Ties As It Turns Away From China

Over 50 leaders from the European Union, Latin America and the Caribbean will hold their first summit in eight years on Monday, adding momentum to an EU push for new political and economic allies prompted by the Ukraine war and…

Self-Balancing Scooter Market Size Projected to Reach USD 3.21 billion, at a 5.83% CAGR by 2032 

According to a Comprehensive Research Report by Market Research Future (MRFR), “Self-Balancing Scooter Market Research Report Information by Type, Region, and Application – Forecast Till 2032”, the global Self-Balancing Scooter Market is predicted to bolter substantially during the review era from…

Global EV Charging Cables Market Set to Reach US$ 11.5 Billion by 2032

The global EV Charging Cables Market is anticipated to register a phenomenal growth rate of about 22.2% during the forecast period from 2022 to 2032, with an expected valuation of US$ 1,549.3 Million in 2022 and totaling around US$ 11,541.6 Million by…

Unsold Electric Cars Are Piling Up On Dealer Lots 

The auto industry is beginning to crank out more electric vehicles (EVs) to challenge Tesla, but there’s one big problem: not enough buyers.  Why it matters: The growing mismatch between EV supply and demand is a sign that even though consumers are showing more…

ETFs In Focus On Surging EV Sales 

According to Investor’s Business Daily, sales of electric vehicles (EVs), specifically all-electric or battery electric vehicles (BEVs), will reach approximately 500,000 units in the initial half of 2023. This represents a significant growth of 41% from the 355,000 units sold…

Plug-In Hybrids Once Dominated EV Sales. Now Their Market Share Is Tanking

The age of the plug-in hybrid electric vehicle (PHEV) that can charge from a power point and fill up at the service station appears to be drawing to an end, at least in Australia.  Plug-in hybrids once dominated EV sales,…

GM Joins Electric Vehicle Upswing In Expanding US Market 

General Motors’ US electric vehicle sales more than doubled in the second quarter from the same period a year earlier, adding to evidence of a growing appetite among consumers for battery-powered cars and trucks. The Detroit carmaker said on Wednesday…

Shifting To EV Fleets Would Save State, Local Governments Millions Of Dollars 

Arizona governments could save almost $283 million over the next 10 years if roughly 20,000 gasoline-powered light-duty vehicles in their fleets that are due to be retired were replaced with electric vehicles, according to a recent report.  The 38-page report by the…

Thailand Tipped To Be a Leading EV Market

Sales of electric vehicles (EVs) continue to gain market share globally, with Thailand and Indonesia being key markets within Asean, says a research agency.  Sales of electric vehicles (EVs) continue to gain market share globally, with Thailand and Indonesia being…