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

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Lucid Announces New Lucid Air Grand Touring Performance Model with 1,050 Horsepower

Lucid Group, Inc. (NASDAQ: LCID), setting new standards with the longest-range, fastest-charging electric car on the market, announced today that it has begun customer deliveries of Lucid Air Grand Touring and that it will introduce a new version of Lucid…

Biden Administration Has Announced $5 Billion In Funding For Electric Vehicles

The U.S. Departments of Transportation and Energy announced nearly $5 billion that will be made available under the new National Electric Vehicle Infrastructure Formula Program established by the Bipartisan Infrastructure Law, to build out a national electric vehicle charging network,…

US Customers Who Buy A 2022 BMW EV Will Get Two Years Of Free 30-minute Charging From Electrify America

Charging network Electrify America has just announced a collaboration with BMW North America to offer free 30-minute charging sessions to new BMW drivers for two years from the date of their purchase. The complimentary charging will begin in March to…

BrightDrop Announces Walmart As New EV Customer And Expands Collaboration With FedEx

BrightDrop, the GM technology company decarbonizing last-mile delivery, announced it is adding Walmart to its growing roster of customers, and expanding its relationship with FedEx. Walmart signed an agreement to reserve 5,000 of BrightDrop’s EV600 and smaller EV410 electric delivery…

Wallbox Unveils The Quasar 2 Next-Generation Bidirectional Home Charger At CES 2022

Wallbox, a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, introduced Quasar 2, the latest generation of its bidirectional home chargers designed specifically for the North American market. As well as enabling EV owners to charge…

Edenred To Increase Micromobility Offerings Through New Partnership With Ridepanda

Edenred, the leading employee benefits provider in the United States, is partnering with Ridepanda, an electric micromobility vehicle provider, to offer more commuting options to employees across the country. This partnership is aligned with Edenred’s participation as a Founding Partner…

Toyota’s $1.29 Billion Electric Vehicle Battery Plant To Create 1,750 Jobs In North Carolina

Toyota Motor North America announced plans to build a $1.29 billion electric vehicle (EV) battery production facility at the 1,825-acre Greensboro-Randolph Megasite, a KPMG-certified, shovel-ready site featuring the ideal combination of strategic location, world-class workforce and unparalleled transportation infrastructure. North…

OEMs in North America And Europe Target To Transition To a Zero-Emission Portfolio Entirely As Early As 2040

OEMs in North America and Europe target to transition to a zero-emission portfolio entirely as early as 2040. Shifting to electric powertrain calls for significant vehicle architecture and design changes to accommodate critical power components such as the battery, fuel cells, and hydrogen storage….

Apple Aims To Launch Self-Driving Electric Car By 2025

Apple has completed “much of the core work” on a new processor meant to power its secretive autonomous electric car project known as Titan. For the past several years, Apple’s car team had explored two simultaneous paths: creating a model…

North American And European Commercial Vehicle Electric Drivetrain Growth Opportunities

The shift to electric powertrain calls for significant changes in vehicle architecture and design to accommodate critical power components such as batteries, fuel cells, and hydrogen storage. Commercial vehicles, although accounting for a minuscule proportion of the total VIO, are…