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

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EV Update Media

Workhorse Appoints Auto Industry Veterans Jacqueline Dedo And Pamela Mader To Board Of Directors

Workhorse, an American technology company focused on providing sustainable and cost-effective electric vehicles to the last mile delivery sector, has appointed Jacqueline (“Jacqui”) Dedo and Pamela Mader, respectively, to its board of directors. With these additions, Workhorse’s board of directors is now…

Global Automotive LiDAR Market Expected To Reach USD 2.9 Billion By 2026

The global automotive LiDAR market size is expected to reach USD 2.9 billion by 2026, at a significant rate of 27.1% during the forecasted period 2019 to 2026. Light Detection and Ranging (LiDAR) is a remote sensing technology that uses…

Global Electric Vehicle Market 2019-2026

The global electric vehicle market is expected to grow at CAGR 25.6% during the forecast period, 2019- 2026 and will reach over USD 568.2 Billion by 2026. Electric vehicle also knows as electric motor or EV, is a vehicle that…

EDF Acquires One Of UK’s Largest Charging Companies

EDF, a French electric utility company, announced the acquisition of a majority stake in Pod Point, one of the UK’s largest electric vehicle charging companies. The exact amount of the transaction was not disclosed, but it’s said that it’s EDS’s largest investment…

Harley-Davidson To Auction Unique LiveWire Electric Bike To Raise Funds For COVID-19 Campaign

Harley-Davidson, the famous motorcycle maker, has taken a number of initiatives to support the ongoing fight against Coronavirus. The American company has partnered with NGOs and organizations to provide relief measures including distributing food. The company, which enjoys a cult…

Chinese Startup NIO Gains $1 Billion State Funding To Chase Tesla

Chinese electric-car maker NIO sealed a 7 billion yuan ($1 billion) deal with a group of state investors. Many consumers, while admiring NIO’s vehicle models, have been on the fence about making a purchase, as they feared the Nasdaq-listed auto…

Blink Charging Deploys Electric Vehicle Charging Stations Across Migdal Insurance Locations

Blink Charging Ltd., a wholly-owned subsidiary of Blink Charging Co., continues its expansion through its latest agreement with Migdal Insurance and Financial Holdings Ltd. (Migdal), one of Israel’s largest insurance companies. This is the latest partnership that will allow Blink…

EV Charging Company Moves US Headquarters To Irvine

Noodoe EV, a Taiwanese maker of electric vehicle charging systems, has moved its U.S. headquarters to Irvine from Walnut. Company CEO Jennifer Chang said the move to a bigger facility was fueled by a growing demand for the company’s products…

Battery Materials Market Size To Reach USD 83.43 Billion By 2026

The global battery materials marketsize is predicted to reach USD 83.43 billion by 2026, exhibiting a CAGR of 8.3% during the forecast period. The growing demand for lithium-ion and lead-acid batteries will accelerate this market revenue during the forecast period. Lithium-ion batteries are extensively used for…

Indian School Drop-Out Builds ‘Social Distancing’ Electric Motorbike

An Indian school drop-out has built an electric motorbike with a one-metre gap between the rider and the passenger to drive home the importance of social distancing in the coronavirus pandemic. Partha Saha, 39, bought an old bike from a…