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

Asia

‘Chinese Storm’ Looming Over Europe’s EV Sector, Renault Chairman Warns

A “Chinese storm” is looming over Europe’s growing electric vehicle (EV) sector, Renault Chairman Jean-Dominique Senard told Reuters on Saturday, as Asia’s superpower dominates key raw materials to make batteries for zero emission cars. China’s recent decision to restrict exports…

Li Auto, Guangzhou And Geely Trump Legacy Automakers In China EV Market

In a significant shift in China’s electric vehicle (EV) market, traditional automakers are being outpaced by local EV manufacturers, The Wall Street Journal reports.  Traditional automakers are also feeling the pressure to adapt their strategies to the burgeoning EV market. Approximately one…

Asia

Chinese EVs Charged Up To Threaten U.S., European Automakers On Home Turfs

Chinese electric car companies are growing, and they’re preparing to challenge legacy automakers in the United States and Europe on their home turfs.  The growth bid by such Chinese EV players as BYD Co. Ltd. is shaping conversations among policymakers…

China’s WeRide Secures Self-Driving Vehicle License From UAE

The United Arab Emirates has given Chinese autonomous driving company WeRide the first national license for self-driving vehicles. The permit allows WeRide to test its Level 4 autonomous vehicles on public roads throughout the country.  Level 4 is a designation…

EVs Power The Market Higher, US-China Diplomatic Green Shoots Sprout

Asian equities had a strong start to the month as growth stocks and sectors outperformed.  Hong Kong and Mainland China benefitted from news that Janet Yellen will visit China this week as green shoots in US-China relations continue to sprout,…

Sales surge for three emerging Chinese Tesla competitors as BYD takes the lead.

Hong Kong, not only China-based BYD, which is now a formidable electric car-maker, but three other Tesla rivals have also seen their sales surge in June in China as demand for EVs comes back on track. According to a report in the South China…

XPeng G6 — Wicked New Electric, Intelligent SUV For $29,000

XPeng has officially launched its much-awaited G6 SUV in China, with pricing set to undercut the Tesla Model Y. Boasting over 100 advanced features and fast-charging support, XPeng G6 aims to become a true best-sellerin the new-energy SUV market.  The auto manufacturer…

Asia

ZF To Continue Localizing R&D In China

German auto parts and technology supplier ZF on Thursday unveiled its new e-mobility solutions and said it would continue to adapt its research and development activity to the needs of the Chinese market. Speaking at its annual Global Technology Day…

Asia

XPENG Launches G6 Ultra Smart Coupe SUV In China

XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced the official launch of its G6 Ultra Smart Coupe SUV, the Company’s inaugural model based on its next-generation…

Asia

China’s Luxury EV Automaker Zeekr Opens Orders For Customers In Sweden

Global electric mobility technology brand Zeekr is taking orders from customers in Sweden and the Netherlands for two new EVs, the Zeekr 001 luxury Shooting Brake and Zeekr X urban compact luxury SUV.  Already an immediate success story in their…