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

A platform specially designed and developed to keep the industry updated with the right Knowledge, News and Information about developments happening in the Electric Vehicles & Battery sector

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Month: September 2019

Why Tesla Prices In China Will Eventually Come Down

The trade war is taking a toll on almost all businesses across sectors and geographies. US automakers, including Tesla (TSLA), are one such sector—and they’re feeling twice the heat due to slowing demand in the US and China and uncertainty…

Taiwan Unveils Indigenous Driverless Electric Minibus

Taipei, Aug. 27 (CNA) Taiwan has developed its first autonomous electric vehicle, a minibus dubbed WinBus, which is scheduled for mass production in 2021, the Ministry of Economic Affairs (MOEA) said Monday. The WinBus is equipped with three positioning systems…

Glencore Pledges US$45 Million For First Cobalt Refinery

First Cobalt Corp. [FCC-TSXV; FTSSF-OTCQB; FCC-ASX] said Glencore AG, the Swiss commodities trading giant, has agreed provide a US$5 million loan to fund the recommissioning of the company’s Ontario cobalt refinery in North America. Upon completion of a positive definitive feasibility study…

European Countries Planning On Constructing Their Own Battery Cell Production Facilities

Followed by France and Germany, Norway also started to invest into making its own electric vehicle batteries. This recent trend where many European countries started to become self-sufficient in batteries shows that they are looking not to lose the control…

Volvo’s Polestar Opens Factory In China To Export To Europe, US

Volvo Cars’ performance electric car brand, Polestar, has opened a factory in western China to produce a gasoline-electric hybrid for export to Europe and the United States. Polestar CEO Thomas Ingenlath said Tuesday exports of the two-door, carbon fiber Polestar…

Harley Davidson Launches BS-VI Emission Norm Compliant Bike In India At Rs 5.47 Lakh

American cult bike maker Harley Davidson on Tuesday launched its first BS-VI emission norm compliant bike, Street 750, in India priced at Rs 5.47 lakh. The company which has completed 10 years of operations in India, has also launched a…