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

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Asia

China Has Reduced Subsidies To The Manufacture Of Electric Vehicles

China has announced it will cut subsidies for green energy vehicles such as electric cars by 30%, beginning January this year. A release from the Ministry of Finance said that the subsidies policy, NEV 2022 will be definitively closed by…

Jiuzi New Energy Forms Cooperative Relationship With a Regional EV Distributor

Jiuzi Holdings, Inc. (NASDAQ:JZXN; the “Company”; Jiuzi New Energy), a new energy vehicles franchisor and retailer under the brand name “Jiuzi” in China, today announced that it has entered into a cooperation agreement with Zhejiang Youxing New Energy Co., Ltd….

Xiaomi’s Open Car Plant In Beijing To Produce 3 Lakh Electric Vehicles Every Year

iaomi’s open car plant in China will have the capacity to produce 300,000 electric vehicles every year, authorities in the capital said on Saturday. The new car plant will be constructed in Beijing in two phases. The smartphone maker will…

Hunter Biden’s Firm Helped China Gain Control Of Electric-Car Mineral

Hunter Biden’s investment firm helped broker a 2016 deal that gave a Chinese state-backed company control of a massive African mine rich in cobalt — a mineral essential for the production of electric car batteries. The deal, first reported by…

From “Manufacturing” to “Intelligent Manufacturing” – New Energy Electric Vehicle Industry in Gangbei District, Guigang City, Guangxi into the Intelligent Era

An electric motorcycle can be produced in 30 seconds, with a frame accuracy error of less than 0.5 mm. Recently, located in the China-ASEAN New Energy Electric Vehicle Production Base, the intelligent factory in Guangxi Luyuan Electric Vehicle Co.,LTD has…

Tesla Sold 54,391 China-Made Vehicles In October

U.S. electric vehicle maker Tesla Inc (TSLA.O) sold 54,391 China-made vehicles in October, including 40,666 for export, the China Passenger Car Association (CPCA) said on Monday. Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 56,006…

Sha Steel Group, Hyzon Motors, And Guofu HEE Will Be Deploying 49-Ton Hydrogen Trucks In China For A Steel Shipment Trial.

Hyzon Motors Inc., a leading global supplier of zero-emissions hydrogen-powered fuel cell electric commercial vehicles, announced today a joint demonstration project with Zhangjiagang Haili Terminal Co., Ltd., a subsidiary of Fortune 500 company Sha Steel Group, the 4th largest steel…

EZGO Unveils A New Brand And Seven Independent Innovation Product Models

EZGO Technologies Ltd., a manufacturer of two- and three-wheeled electric vehicles in China, today announced the launch of its new “EZGO” brand with the release of seven new independent innovation models at the 39th China Electric Vehicle and Parts Exhibition…

CATL Breaks Ground On New 50 GWh Battery Plant

The Chinese lithium-ion battery manufacturer Contemporary Amperex Technology Co., Ltd. (CATL) broke ground on a new lithium-ion battery production base in Yichun, east China’s Jiangxi Province. According to the company, the first phase of the project involves an investment of…

Gogoro Launches Battery Swapping In China

Gogoro, a global technology leader in battery swapping ecosystems that enable sustainable urban mobility, today launched its leading battery swapping system in China, the largest two-wheel vehicle market in the world. Gogoro is partnering with China’s leading vehicle makers, Yadea…