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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Tesla Luxury Rival Unveils Low-priced Entry-level Electric Vehicle

Whenever automobile enthusiasts think of luxury vehicles, many of the iconic car brands come to mind. People often envision Rolls-Royce, Bentley, Porsche, Lamborghini, Ferrari and Maserati when considering luxury cars. Jaguar, Mercedes-Benz, BMW and Volvo also come to mind. Since…

With Tesla Push, India Mulls Import Tax Cut If EV Makers Build Locally

India is working on a new electric vehicle policy that would slash import taxes for automakers that commit to some local manufacturing, following a proposal by Tesla which is considering entering the domestic market, people with direct knowledge said.  The…

U.S. and India Advance Partnership on Clean Energy

U.S. Secretary of Energy Jennifer M. Granholm and Indian Minister of Petroleum and Natural Gas Hardeep Singh Puri held the third ministerial meeting of the U.S.-India Strategic Clean Energy Partnership, launched in September 2021. This effort focuses government, industry, and…

Tesla Raises EV Prices Globally, With The Biggest Increase In China

Tesla has raised prices in its most important electric vehicle markets, including China and the United States, reversing a series of recent price cuts that have pushed the company’s profit margin to the lowest since 2020 and sparked a price war.  The US car…

bp pulse and Uber Team Up On Driver Charging As EV Momentum Builds

bp and Uber today announced a new global mobility agreement which will see the companies work together to help accelerate Uber’s commitment to become a zero-tailpipe emissions mobility platform in the US, Canada and Europe by 2030 and globally by…

India Can Achieve Energy Independence By 2047

India can achieve energy independence by 2047, when it celebrates 100 years of independence, according to a study by the US Department of Energy’s Lawrence Berkeley National Laboratory. The study titled ”Pathways to Atmanirbhar Bharat” also notes India’s energy infrastructure…

NIO Passes 300,000 Sales, Zeekr Going Public (Seeking $1 Billion+)

We’ve got some notable news from two Chinese EV startups from this past week or so. NIO has hit a big sales milestone, and Zeekr is looking to go public in the USA and raise at least $1 billion. The…

EU Plans Subsidy War Chest As Industry Faces ‘Existential’ Threat From US

The EU is in emergency mode and is readying a big subsidy push to prevent European industry from being wiped out by American rivals, two senior EU officials told POLITICO. Europe is facing a double hammer blow from the U.S….

China’s CATL Slows Battery Investment Plan For U.S., Mexico

Chinese battery giant CATL (300750.SZ) has slowed its planning for investment in battery plants in North America on concern that new U.S. rules on sourcing battery materials will drive costs higher, two people with knowledge of the matter said. The…

The Really Big Battery Deal In The IRA That People Are Missing

When it comes to electric vehicles and the Inflation Reduction Act of 2022, almost all of the discussion has been around the consumer tax credit for buying an electric vehicle, including the interesting new battery aspects of that. That’s a…