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

A platform specially designed and developed to keep the industry updated with the right Knowledge, News and Information about developments happening in the Electric Vehicles & Battery sector

China

Xpeng Starts Delivery Of Its Intelligent EV Sports Sedan P7

Xpeng Motors, a leading Chinese electric vehicle and technology company, has announced that it has begun nation-wide delivery of its new P7 super-long range, high-performance, smart EV sports sedan to customers. This follows the receiving of the official production license…

CBAK Energy Planned Investment In Lithium Battery Project In Jiangsu Province, China

CBAK Energy Technology, Inc., a world’s leading lithium-ion battery manufacturer and electric energy solution provider, announced that its wholly owned subsidiary, China BAK Asia Holdings Limited entered into a framework investment agreement with Jiangsu Gaochun Economic Development Zone Development Group…

CATL Invests Millions In New Battery Research Centre

CATL has begun construction of an innovation laboratory at its headquarters in Ningde in the eastern Chinese province of Fujian. The laboratory, named 21C Lab, will focus on the development of next-generation batteries and new energy conversion systems. CATL has…

Volkswagen Anchors Electric Vehicle Market With Landmark Chinese Ventures

Following a joint auto-drive investment with Ford , Volkswagen has again instructed Freshfields, this time on an existing and further investment into Chinese state-owned car manufacturer Anhui Jianghuai Automobile Group (AJAG), also enlisting Baker McKenzie on the deal. The venture…

Volkswagen To Spend $2.2 Billion To Expand In China’s Electric Car Market

Volkswagen is spending 2 billion euros ($2.2 billion) to expand its presence in China’s electric car industry in the biggest foreign investment announced since the country’s economy began to reopen following the coronavirus pandemic. Volkswagen AG said it will buy…

SVOLT Launches Two Cobalt-Free Batteries

Currently, new energy vehicles (NEVs) are developing towards battery electric vehicles (BEVs). Regarding the new generation of automotive batteries, automobiles generally focus on breakthroughs in energy density and safety of batteries through the innovation of battery materials and electrochemical systems…

China Telecom Helps HiPhi 1 Of Human Horizons Become World’s First 5G Network For Automobile Production

HiPhi, a subsidiary brand of Human Horizons, announces that its HiPhi 1 will be the first production car in the world to be equipped with 5G technology from telecommunications company China Telecom. It will be the latest addition to Human…

Ideanomics’ MEG Secures Its First Order for Qingdao EV Hub

Ideanomics’ Mobile Energy Global (MEG) division has today announced its Qingdao subsidiary Qingdao Chengyang Ainengju New Energy Sales and Service Co., Ltd has secured its first EV order from a Hangzhou-based customer for 130 EV units from SAIC’s Roewe brand. The order value is approximately RMB…

China To Enforce Electric Vehicle Safety By 2021

Thermal runaway in electric vehicles (EVs) is a major concern for potential consumers, manufacturers and regulators, as thermal runaway of lithium ion batteries is the main cause of fires in EVs. Several high-profile vehicle fires, stationary energy storage fires in South…

China Invests In EV Charging Infrastructure To Offset Coronavirus Economic Slump

The response by the Chinese and US governments to the economic slowdown caused by the coronavirus could not be more different. The US is shoveling truckloads of taxpayer money to wealthy corporations, especially oil and gas companies. China is investing…