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

America

Optimal EV Partners With Proterra For Production Of First All-Electric Low-Floor Cutaway Shuttle Bus In North America

Optimal Electric Vehicles, LLC (Optimal-EV) and Proterra, a leading innovator in heavy-duty electric transportation, announced a new partnership to leverage Proterra’s best-in-class battery technology and charging systems for the development of the industry’s first all-electric S1LF low-floor cutaway shuttle bus…

EVgine – The First Company To Provide An All-Electric Drivetrain For Steep Hill Climbs

EVgine is the first company to provide an all-electric drivetrain that allows Class 1-8 trucks to travel up any steep hill climbs and achieve highway speeds. It uses powerful electric AC/PM motors with the original OEM transmissions to achieve the…

Chinese Electric Vehicle Maker Li Auto Aims To Raise Up To $950 Million In Growth Push

Chinese electric vehicle maker Li Auto Inc, backed by food delivery giant Meituan Dianping, has launched an initial public offering of up to $950 million, in one of the biggest U.S. listings by Chinese companies this year. The five-year-old automaker,…

VW, Ford U.S. EVs Endangered Due To Ongoing Legal Battle Between Battery Suppliers

An ongoing spat between two South Korean electric vehicle battery makers could put a crimp in Ford Motor Co.’s plans to produce an all-electric version of its best-selling F-150 pickup and future electric vehicles as well as Volkswagen of America’s…

Workhorse Announces Closing Of $70 Million Financing From Institutional Investor

Workhorse Group Inc., an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last-mile delivery sector, today announced the closing of its previously announced financing agreement for a $70 million Senior Secured Convertible Note (the…

New Partnership To Power North America’s Entry Into Hydrogen Fuel

HTC Extraction Systems is finalizing its IP partnership agreement and equity stake purchase in US based company, Hydrogen Fueling Corp. The synergy between practical, proven hydrogen production technology and the roll-out of hydrogen fueling infrastructure is what will catalyze and…

Sibros Closes $12 Million Series A For First Deep Connected Vehicle Platform

Deep Connected Vehicle platform company Sibros, announced it has closed $12 million in Series A funding, bringing its total capital raised to over $15 million. The round was led by Nexus Venture Partners with participation from Moneta Ventures and Twin…

Yank Technologies First To Receive FCC Certification For Contactless Wireless Charging Solution

New York-based start-up company, Yank Technologies, announced its contactless, wireless charging product, the MotherBox, is officially certified by the Federal Communications Commission (FCC). This marks the first time a device of this nature has received the certification. Yank Technologies first…

EV Connect Partners With Greenlots To Enable Convenient Access To EV Charging Stations Across North America

To improve the electric vehicle (EV) driver experience, EV Connect and Greenlots, a member of the Shell Group, have announced the completion of the driver roaming integration between the companies’ charging networks. Built on a previously announced agreement for inter-network…

CleanSpark And ReJoule Awarded $2.9M Second-Life Electric Vehicle Battery Grant With Support From Ford

CleanSpark Inc, a diversified software and services company, and ReJoule, a battery diagnostics and optimization company said that they have been awarded a $2.9 million grant from the California Energy Commission. The Utah-based company said the grant will be deployed…