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

#Tesla

High Price Tag Of Electric Vehicles Is A Big Plus For This Company 

ASX-listed FleetPartners also revealed on Monday that the order rate for electric vehicles from corporates and small business operators is running at about 10 per cent of its total, well behind New Zealand, where about 50 per cent of new…

Tesla’s Price Cuts Accelerate The EV Market’s First Real Recession Stress Test

Is the first electric-vehicle recession here, or coming soon? As electric-car stocks plummeted in late 2022, the rout evoked comparisons to the dot-com stock bust two decades ago. Like the internet industry then, the EV industry boasts companies, notably Tesla,…

Tesla Still Dominates The U.S. EV Market

With all the negative headlines surrounding Tesla and its increasingly controversial CEO Elon Musk in recent weeks, it’s easy to forget that the company’s cars are still very popular. While it’s too early to say whether Musk’s Twitter takeover and…

Elon Musk’s Reply To Biden’s Big Move On Electric Vehicles

Pushing for the use of electric vehicles (EV), US President Joe Biden has announced 5 lakh charging stations across America. Soon after the announcement, electric carmaker Tesla’s CEO Elon Musk offered some advice to the President. “We’re building 500,000 electric…

Ford Claims No. 2 Spot In EVs Behind Tesla – But Gap Remains Wide

Ford Motor said Friday that it has achieved CEO Jim Farley’s goal of becoming the second best-selling automaker of electric vehicles in the U.S. The Detroit automaker, citing third-party industry data, narrowly topped Hyundai/Kia to hit the goal. Tesla remains…

Competitors Chip Away At Tesla’s US Electric Vehicle Share

New electric vehicle models from multiple automakers are starting to chip away at Tesla’s dominance of the U.S. EV market, according to national vehicle registration data. But numbers collected by S&P Global Mobility show that Tesla still controlled about 65%…

Tesla’s Full Self-Driving Beta now available to all in N. America, Musk says

Tesla Inc’s (TSLA.O) Full Self-Driving Beta software is now available to everyone in North America, Elon Musk said early on Thursday, as the automaker awaits regulatory approval for its cars to be driven without human oversight. “Tesla Full Self-Driving Beta…

Tesla Opens EV Charger Designs To Other Automakers In Hope To Become North American Standard

Tesla Inc. announced in a blog post-Friday that the company has decided to open the design of its electric vehicle charging connector to other automakers in an effort to encourage network operators and automakers to adopt the technology and help…

China’s BYD Extends Lead Over Tesla After Stealing Its Crown, As Chinese Drivers Opt For Cheaper Models

BYD, the Chinese carmaker backed by Warren Buffett’s Berkshire Hathaway, has extended its sales lead over Tesla as a growing number of Chinese drivers make the switch to battery-powered vehicles at the lower end of the price spectrum. The Shenzhen-based…

The number of electric vehicles on US roads has surged 250% over 5 years with Teslas leading the charge – but are EVs a money saver or a money pit?

Chris Blay had a decision to make in September 2021. The senior network architect was a longtime Audi driver, but with his latest lease coming up, Blay became interested in the Teslas filling the roads. “Tesla released the Model 3,…