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

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China

Recycled EV Battery Metals Could cut Imports up to 25% by 2030

Materials from end-of-life batteries and gigafactory scrap have the potential to build up to 2.4 million EVs locally in 2030, research by Transport & Environment (T&E) has found. But the EU and the UK will not be able to harness…

Audi Starts Production of PPE Vehicles in China

Audi FAW NEV Company, a joint venture between Audi and Chinese carmaker FAW, started production on Tuesday of all-electric models in Changchun, capital of Northeast China’s Jilin province. The new production site is the first in the country to exclusively…

China leads global EV Sales as it hits Third Consecutive Record High

Global sales of fully electric and plug-in hybrid vehicles rose for a seventh consecutive month in November, jumping 32 per cent year on year for a third consecutive record high, data from market research firm Rho Motion showed on Friday….

China’s CATL Forms Joint Venture With Stellantis to Build Electric Vehicle Battery Factory in Spain

Chinese electric battery company CATL and automaker Stellantis will build a major battery factory in northern Spain, the partners announced Tuesday. They said the plant will be located in Zaragoza and start producing lithium iron phosphate batteries by the end…

US Clean Energy, Defense to be Impacted by China Export Curbs

China’s retaliatory export controls could take a toll on the growing US clean energy sector and its defense industry, analysts say, as a trade tussle escalates between the world’s two biggest economies. Beijing announced this week it would ban exports…

Tesla’s China-Made EV Sales Drop 4.3% in Nov

U.S. automaker Tesla’s’s sales of China-made electric vehicles fell 4.3% year-on-year to 78,856 in November, data from the China Passenger Car Association (CPCA) showed on Tuesday. Deliveries of China-made Model 3 and Model Y vehicles recorded a 15.5% increase from…

Lotus Technology Announces Delivery Updates of First Eleven Months of 2024

Lotus Technology Inc. (“Lotus” or the “Company”), a leading global intelligent and luxury mobility provider, today announced its vehicle delivery results for the first eleven months of 2024. The Company delivered 9,871 vehicles1 in the first eleven months of 2024….

Renault Goes on China Hiring Spree to Bolster EV Push at Home

Renault SA is trying to strengthen its electric-vehicle (EV) business at a time of flagging demand by building up its footprint in a country where it does not even sell cars – China. The French carmaker is turning to one…

EV Charging Equipment Market Global Outlook & Forecast 2024-2029

The global EV charging equipment market is highly fragmented, with numerous players ranging from specialized startups to established multinational corporations. This fragmentation stems from the rapid growth in EV adoption, leading to a diverse range of solutions tailored to various…

China’s AIMA Brand Electric Motorbike is now in Bangladesh

With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by…