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

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Emissions Reductions Of Chinese EVs

Newswise — Chinese electric vehicles (EVs) drive larger emissions reductions over time, due to increased operating efficiency and a greener electricity mix, according to a study. More than 10% of Chinese car sales are now electric, but the full life…

LME Works With Chinese Commodities Exchange To Launch EV Battery Metal Contracts As Demand

Qianhai Mercantile Exchange (QME), a Chinese commodities trading platform, is working with its sister company, the London Metal Exchange, to launch battery metal contracts.  The bourse, owned by Hong Kong Exchanges and Clearing (HKEX), was studying the possibility of offering investors…

Ford To Scale Back China Investments Amid EV Competition From Local Rivals

Ford plans to scale back future investments in China, as the US carmaker’s chief executive warned there was “no guarantee” western carmakers could win against local electric-vehicle rivals.   The company will “put less capital at risk” by focusing on…

Wang Chuanfu And BYD: Revolutionizing The Electric Vehicle Industry

Everyone has heard of Tesla CEO Elon Musk and the way he is changing the automobile industry. Entrepreneur Li Shufu is also well known as he is the force behind Zhejiang Geely Holding Group which controls many OEMs including Volvo Car Group…

Feature: Lebanon Sees Surging Demand For Chinese EVs

Demand for Chinese electric vehicles (EVs) in the Lebanese market has surged over the past two years, according to car exhibitors at the 2nd edition of the E-MotorShow Middle East for Electric & Hybrid cars, who expected that Chinese cars…

Tesla Recalls Over 1.1 mn EVs In China Due To Braking Issue

Elon Musk-run Tesla has recalled over 1.1 million electric vehicles (EVs), or nearly all the vehicles it has sold in China, in response to a braking problem. According to Engadget, the lack of an option to set regenerative braking intensity and receive…

Tesla Revs Up China Expansion As EV Rivals BYD, Geely Race Ahead

According to the Chinese Passenger Car Association, Tesla’s Shanghai Gigafactory delivered 75,842 vehicles in China in April, outpacing Mercedes-Benz, BMW, and Audi. Tesla’s Model Y was the bestseller with 49,059 units sold, followed by the Model 3 with 26,783 units sold. …

The Push For EVs: How American Elites Are Selling Out To China

The Biden administration continues to foist electric vehicles on the American public. While most Americans can’t afford to make the switch, China is set to make out like a bandit.  Since their inception, EVs have been a luxury item for…

China’s BYD Cuts Starting Price For Seal EV; Aims To Extend Lead

SHANGHAI (Reuters) -BYD Co Ltd on Wednesday cut the starting price of its best-selling Seal sedan by 10%, as the Chinese electric vehicle (EV) giant seeks to extend its lead in the world’s largest auto market with lower-priced products. The…

New Ninebot Q80C Is A Tiny Electric Moped With Retro Styling

Electric scooters are fast becoming accepted means of mobility in multiple Asian and European markets. Unlike the US with its sprawling cities and wide roads, most urbanized areas in Asia and Europe are tightly knit, with establishments situated in close…