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

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Olaf Scholz Dismisses Fears Of Ev Trade War With China

German chancellor Olaf Scholz played down fears of a potential trade war triggered by the EU’s anti-subsidy investigation into Chinese electric vehicles, while making a strong case for globalised markets with a level playing field for all participants.  In his first…

Hyundai And Kia Slash Electric Vehicle Prices Amid Intensifying Ev Price War In Home Market

In an “EV Sale Fiesta,” Hyundai and Kia plan to cut prices on several electric vehicles amid an ongoing price war in Korea. The planned EV price cuts will run until the end of the year.  “We plan to prepare various discount…

Ford Halts Work On $3.5b Ev Battery Factory With China’s Catl

Ford confirmed Monday it has immediately stopped work at a $3.5 billion factory in Michigan that was supposed to make cheaper lithium iron phosphate batteries using tech from China’s CATL.  “We’re pausing work and limiting spending on construction on the Marshall project…

Germany Supports China Evs Probe

Germany expressed its support for the European Union’s anti-subsidy probe into Chinese electric vehicles, while making it clear that the burden of proof will be “very high” if the investigation is to lead to concrete action.  “It’s very natural that…

Toyota Recasts Hybrids Without Charge Ports As “Hybrid Evs”

Hybrid cars have combustion engines but, unless they are plug-in hybrids, not EV charge ports.  A new Toyota marketing campaign appears to downplay the difference. Announced Monday, the new “Electrified Diversified” campaign emphasizes the variety of options available from Toyota,…

China Updates Its Ev Charging Standard, Claims Cross-compatibility

China, the world’s largest new-car market and the largest market for EVs, will continue with its own national DC fast-charging standard.  On September 12, China’s State Administration for Market Regulation and National Administration approved three key aspects of ChaoJi-1, the…

Shell Unveils Largest Global EV Charging Station in Shenzhen, China

In a significant move towards sustainable mobility, Shell has inaugurated its largest electric vehicle (EV) charging station globally, strategically positioned in Shenzhen, China.  Situated approximately 2.5 kilometres from the Shenzhen Airport Terminal, the EV charging facility houses an impressive 258 public fast-charging…

Ev Makers’ Use Of Chinese Suppliers Raises Concerns About Forced Labor

Tesla boasts that its electric vehicles are a marvel not just of innovation but also ethics, pledging in annual reports that it will “not knowingly accept products or services from suppliers that include forced labour or human trafficking in any form.” The…

Jiuzi Holdings Announces Strategic Partnership Agreement To Acquire And Install Up To 10,000 Smart Electric Vehicle (Ev) Chargers By 2027

Jiuzi Holdings Inc. (NASDAQ: JZXN; the “Company” or “JZXN”), an emerging new energy vehicle (NEV) dealership group operating under the brand name “Jiuzi” in China, today provided updates on its business operations. Shenzhen Jiuzi XinNeng Holding Group Co., Ltd. (“Jiuzi”)…

Beijing Blasts Eu For Protectionism While China Ev Stocks Slide

Beijing on Thursday blasted the launch of a probe by the European Commission into China’s electric vehicle (EV) subsidies as protectionist and warned it would damage economic and trade relations, as shares in Chinese EV makers slipped.  European Commission President…