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

#evmarket

US-China Tech War Escalates Over EV Battery Dominance

Semiconductors have in recent years become a focal point in the U.S.’s efforts to impede China’s technological advancement. Now Washington has its eye on yet another red-hot tech sector where China is making great strides: batteries for electric vehicles. Earlier…

Stellantis ‘In The Black’ On EVs In The U.S. And Europe

The profitability of electric vehicles is a big talking point nowadays, and for good reason. Automakers that haven’t managed to turn a profit on their EV models yet are struggling at the moment, with many announcing a slowdown in the…

Rules of Origin Agreement to Avoid Tariffs on Electric Vehicles

An eleventh-hour deal has been struck between the UK and the EU that will postpone ‘rules of origin’ and the imposition of tariffs on electric vehicles (EVs). A three-year delay to the new trading arrangement, which would have come into…

EVs With Chinese Parts won’t Qualify for the full $7,500 tax Credit from 2024

The US government has released guidance that will make it harder for EVs to qualify for the full $7,500 tax credit if their batteries contain Chinese components or minerals. New guidance for EV tax creditsA couple of days ago, Electrek…

Car Dealers Warn Biden Administration to Pump Brakes on EV Plans

Most US car buyers aren’t interested in purchasing electric vehicles, incentives or not, a group of US car deals known as EV Voice of the Customer warned the Biden Administration on Tuesday. In a letter addressed to US President Joe…

Fiat 500e Will Land in the US as One of the Most Affordable EVs Starting Under $33K

The Fiat 500e will return to the US as one of the most affordable EV options on the market. The brand aims to revitalize sales with the 2024 Fiat 500e starting at under $33,000. Fiat is a brand you don’t…

Stellantis CEO has bad News for the Future of EVs

Stellantis CEO Carlos Tavares is anticipating slower EV adoption because of the air around two key events next year. “There are two important elections next year — the European Parliament elections in June and the U.S. elections in November. It…

Mazda CEO Says EVs ‘Not Taking Off’ In The U.S.

Mazda currently offers zero all-electric vehicles in the United States after it pulled the MX-30 electric crossover from the market this summer over poor sales. The automaker does plan to launch another battery-electric vehicle in the U.S., but that one…

China Rejects EU’s Allegations of EV Overcapacity Export

Xinhua | Chinese Ambassador to the European Union (EU) Fu Cong on Thursday dismissed a recent claim that China is exporting its overcapacity of electric vehicles (EV) to the European market. “I want to emphasize the fact that the Chinese…

OZOP Plus Engages TecAssured to Provide Direct to Consumer Electric Vehicle Service Contracts

EV Insurance Company, Inc, DBA OZOP Plus, a wholly owned subsidiary of Ozop Energy Solutions, Inc. (OZSC), announces a collaboration with TecAssured LLC, a leading software company renowned for its cutting-edge technology solutions in the comprehensive lifecycle management. TecAssured’s prowess…