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

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America

Volvo’s U.S. PHEV Sales Outsold EVs By A Ratio Of 9 To 1 In Q2 2024

Volvo Cars USA reported that in June, its car sales in the U.S. decreased by 28% year-over-year to 9,304. The company explained that the results were impacted by “third-party IT-related disturbances that affected retailers across the industry.” Volvo’s plug-in car…

Porsche Cars North America to Integrate ChargePoint into Charging Service

Porsche Cars North America, Inc. (PCNA) today announced it has signed an agreement with ChargePoint, a leading provider of charging solutions for electric vehicles (EVs), which will enable access to its charging network within the Porsche Charging Service. The collaboration…

Canada Mulls Chinese EV Tariff Following U.S. Move but is Not Committing to it

Canada is looking at the massive new U.S. import tariffs on Chinese-made electric vehicles imposed by President Joe Biden earlier this month, but is not making any commitment to following suit north of the border. Chinese brands are not a…

Over 4 Million Plugin Vehicles Sold Globally in 2024

Global EV sales reached 1.1 million units in April 2024, according to EV research-house, Rho Motion, bringing year-to-date (YTD) sales to 4.3 million, 22% greater than the same period in 2023. Battery Electric Vehicles (BEVs) represent 64% of units sold…

Few Chinese Electric Cars are Sold in U.S., But Industry Fears a Flood

The Biden administration’s new tariffs on Chinese electric vehicles won’t have a huge immediate impact on American consumers or the car market because very few such cars are sold in the United States. But the decision reflects deep concern within…

Tesla In Talks With RIL For EV Plant In India

Electric car maker Tesla Inc is said to be in talks with Reliance Industries Ltd to set up an electric vehicle manufacturing unit in India. Tesla is said to have committed USD 2 billion to its upcoming plans in India….

Janet Yellen Voices Concern About EV Overproduction to China’s Vice Premier

U.S. Treasury Secretary Janet Yellen told China’s Vice Premier He Lifeng on Friday that the two countries should closely communicate on industrial overcapacity and economic actions related to national security as among issues of concern. Yellen’s remark at the opening…

Xiaomi Takes Aim at Tesla in Chinese Auto Market with $29,870 Electric Car

Chinese smartphone maker Xiaomi launched a sporty electric car on Thursday with styling cues drawn from Porsche and priced below Tesla’s Model 3, highlighting the stiff competition from new entrants in an already crowded EV market in China. During the…

CESL Invites Bids for 3,132 Electric Buses Under PM-eBus Sewa Initiative

Convergence Energy Services Limited (CESL) has invited bids to select an operator for the procurement, supply, operation, and maintenance of 3,132 electric buses (e-bus) and the development of allied electric and civil infrastructure on gross cost contracting under Pradhan Mantri…

White House Softens EV Mileage Rule in a Win for Futomakers

The Biden administration on Tuesday handed Detroit automakers a major win by easing proposed rules that would have forced them to scale back production of gas-guzzling vehicles or face billions of dollars in fines. The Department of Energy decision, first…