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

Month: November 2020

Mercedes To Source Cobalt And Lithium With “Standard For Responsible Mining”

In future, Mercedes-Benz will only buy battery cells with cobalt and lithium from certified quarries. The Stuttgart-based automaker also intends to reduce the cobalt content of the next generation of battery cells to less than ten per cent and, in…

V2G Charging Pioneer Nuvve To Go Public Via SPAC Reverse Merger

Nuvve, the San Diego-based company that’s spent the past decade pioneering electric-vehicle-to-grid (V2G) projects around the world, plans to go public via a special purpose acquisition company (SPAC). It’s the latest example of an EV-related company seeking public financing as…

REE And Iochpe-Maxion Partner For EV Platform Development

Electric platform developer REE Automotive (REE) and Iochpe-Maxion, a producer of automotive structural components, have formed a partnership to co-develop and manufacture an exclusive wheel design and chassis solution for REE’s corner modules and electric vehicle platform. The REEcorner EV…

Volkswagen EV Battery Lab Begins Construction In Tennessee

The German automaker has made the southern state it’s home for electric vehicle production, and soon, batteries. Recently, the company said construction began on its new battery lab, which will handle testing for EV batteries in the future as part…

Ford Announces Key Investments In Plants To Build EVs Like The New E-Transit Van

Ford Motor Co. said it will invest $100 million in its Kansas City Assembly Plant and add 150 jobs there to build the new E-Transit van, which the company will reveal later this week. The automaker is also investing $850…

Delhi EV Policy Aims To Reduce carbon Emissions By 4.8 Million Tonnes In 4 Years

The Delhi government’s electric vehicle policy will help reduce carbon emissions by 4.8 million tonnes by 2024, Dialogue and Development Commission Vice Chairperson Jasmine Shah said while sharing the Delhi government’s vision for clean and green future of mobility at…

KPIT Receives An Important Strategic Large Deal From BMW Group For The Next Generation Charging Electronics Program

KPIT, a leading independent software development and integration partner to the automotive industry – announced signing of a large-scale order with BMW Group. The series order is spread over several years. The combined powertrain coordination unit is designed to power…

Kerala Government To Hire 50 Electric Buses Under FAME Program For Thiruvananthapuram

The Kerala State Road Transport Corporation (KSRTC) has invited bids for hiring 50 electric buses on wet lease for the Thiruvananthapuram zone. The tender has been floated under the Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles-II (FAME II)…

Lomiko Encouraged By President-Elect Biden’s $400 Billion Clean Energy Plan

Lomiko Metals Inc., is focused on the exploration and development of flake graphite in Quebec for the new green economy. Lomiko has been monitoring emerging legislation aimed at reducing dependence on Chinese supply of graphite, lithium, and other electric vehicle…

Fortum Partners With Finnfund To Speed Up Charging Infrastructure Development And Growth In India

To bolster growth for electric vehicles (EV) charging infrastructure in India, Fortum signed an agreement whereby Finnfund, a Finnish development financier and professional impact investor, will invest in a minority share of Fortum’s public charging point operator (CPO), Fortum Charge…