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

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China

Anglo American to Partner with GEM on Electric Vehicle Battery Technologies

Anglo American announces the launch of a research and development project in collaboration with GEM, one of China’s largest battery and battery material recyclers, to explore new and more efficient technologies for the use of existing and alternative raw materials…

TOYOTA SLAMS ELECTRIC CARS, SAYS THEY’LL NEVER CATCH ON

Trickle Charge With the sales of electric cars starting to slow down towards the end of 2023, carmakers have been dialing back their once-optimistic projections. General Motors and Honda, for instance, scrapped plans to work on affordable EVs together back…

Elon Musk Says Chinese Electric Car Brands Could ‘demolish’ Rivals as Tesla Earnings Fall

Tesla became the most valuable automaker in the world promising unmatched sales growth. But in the face of growing EV sales by rival brands, Tesla Wednesday backed off its former bullish sales targets. Tesla has been cutting prices for more…

China Says EU’s ‘unfair’ EV Subsidies Probe Risks Damaging Ties

China’s ambassador to the EU, Fu Cong, criticized the EU’s probe into Chinese electric vehicle manufacturers, calling it unfair. Cong emphasized China’s cooperation with the investigation to avoid trade measures. He pointed out that the EU also subsidizes its own…

Yue 01 EV in China is Cheaper Than Our 660cc Alto

With the advent of electric cars, companies that have never manufactured an automobile before are venturing into EVs, at least in China. The latest example is Yue 01 EV launched by a third-wave Chinese automaker called EV House. The company…

Red Sea Crisis is Disrupting the Electric-Car Industry

Automotive giants Tesla and Volvo have announced pauses to the production of their electric vehicles (EVs) in Europe. Electric vehicles are seeing record sales and demand worldwide, but a lack of parts means that factories cannot sustain their production. The…

Chinese Officials to Rein in Nation’s EV Industry

China is cutting expansion in its electric vehicle sector, officials saying there isn’t enough external consumer demand and they will take, quote, “forceful measures” to stop construction of EV projects. To break this down for us, we have Yahoo Finance…

Global Auto Market to Grow Modestly as China Leads EV Adoption

The global automotive market is projected to grow modestly this year, with a 1.6 percent increase to 84.12 million units signaling a tempered post-pandemic recovery, as global carmakers are looking to adopt strategies from Chinese carmakers to spur mass adoption…

BYD’s First Chartered Vessel Sets Sail with 5,000 EVs for Europe

BYD’s first chartered vehicle vessel has set sail from China’s southern city of Shenzhen, carrying more than 5,000 electric vehicles to Europe, state media Xinhua reported on Tuesday. Chinese automakers including BYD, Chery Automobile and SAIC Motor  have been placing…

CATL Moves to Improve its Battery Tech in Chinese EVs

Contemporary Amperex Technology Co. Limited (CATL) aims to improve battery technology in Chinese vehicles and increase cell production in China. Recently, the Chinese battery supplier announced plans for its first plant in Beijing to supply Li Auto and Xiaomi’s electric…