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

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China

Chinese EV Makers are Planning Factories in Mexico

Three major Chinese EV companies are planning to build new factories in Mexico, sparking concern among US officials, according to a new report. MG, BYD, and Chery are all looking at sites to build new factories in the country, according…

China’s Nio Produces EV Battery With 1,000 Km Range

In a significant development for the electric vehicle industry, China’s EV manufacturer NIO Inc. (NIO) has successfully developed a battery with a range of 1,000 km (621 miles). The live test drive, streamed by CEO William Li, showcased the E17…

China’s Zeekr Unveils Premium Electric Sedan Starting at Game-changing $29,449 price

Chinese electric vehicle brand Zeekr launched its first electric sedan, the 007, on Wednesday. Priced competitively at RMB 209,900 ($29,449), the 007 boasts fast-charging battery tech and is equipped with Nvidia’s Drive Orin processors for automated driving. The fully electric…

Toyota Launches Bozhi 4X Electric SUV in China, an Upgraded bZ4X Starting at $25K

A new electric SUV from Toyota’s joint venture, GAC-Toyota, is arriving at dealerships in China. The Bozhi 4X is an upgraded bZ4X model with starting prices of around $25,000 (179,800 yuan). GAC-Toyota launched the electric SUV on November 17 under…

Xiaomi CEO Reveals How Xiaomi EV’s Models Differentiate From Tesla’s

Xiaomi’s car-making arm, Xiaomi EV, will hold a tech launch in two days, which will be the first major launch since the Chinese smartphone giant announced its entry into the car-making space in early 2021. In the run-up to the…

China’s BYD picks Hungary for its First European Electric-car Plant

BYD plans to build its first European car factory in Hungary, part of a push by the Chinese electric-vehicle powerhouse to challenge Tesla as the dominant maker of battery-powered cars. The plant in the southern city of Szeged will produce…

Chinese EV Maker Nio gets US$2.2 billion Investment from Abu Dhabi Fund

CYVN Holdings, an investment fund controlled by the Abu Dhabi government, has invested US$2.2 billion in Nio, making it the first Middle East investor to take a substantial stake in a Chinese electric-car maker. Nio, one of China’s top three…

China to Help Promote Electric Vehicles in Punjab

Provincial Transport Minister Ibrahim Hassan Murad met with the officials of Chinese Electric Dynamic Company while Federal Minister for Trade and Commerce Gohar Ejaz accompanied him. In the meeting, the promotion of electric vehicles in Punjab and the comprehensive network…

Romanian Electronics Producer Allview Launches Electric Car

Romanian company Visual Fan, known for its electronics produced under the Allview brand and more recently for importing the Skywell ET5 electric SUV, unveiled an electric vehicle – a microcar that will be produced in China and marketed by the…

Eaton’s Heavy-duty Four-speed EV Transmission Receives Prestigious Award from top China-based Automotive Publication

Intelligent power management company Eaton today announced it has received the “2023 Top 100 Players of China’s New Automotive Supply Chain” award for its heavy-duty four-speed electric vehicle (EV) transmission from leading China-based automotive publication, Gasgoo. Eaton representatives accepted the…