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

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Europe

EC Proposes 10 New European Partnerships And €10B For Green & Digital Transition; Clean Hydrogen Partnership

The European Commission proposed setting up 10 new European Partnerships between the European Union, Member States and/or the industry. The goal is to speed up the transition towards a green, climate neutral and digital Europe, and to make European industry…

EVBox Selects TSG As Sales & Service Partner In 30 Countries

EVBox has entered into a sales and service partnership with the TSG Group from France. The service provider will offer charging solutions including installation and on-site services for the Dutch company in 30 countries across greater Europe. The two companies…

Groupe Renault And Faurecia To Collaborate On Hydrogen Storage Systems For Light Commercial Vehicles

Groupe Renault and Faurecia will collaborate on hydrogen storage systems for hydrogen-powered light commercial vehicles. Starting at the end of 2021, Faurecia will supply hydrogen storage systems for a first fleet of light commercial vehicles. These systems will be developed…

UK Eyes Second Electric Vehicle Battery Factory

Building on the region’s efforts to stand at the forefront of new technologies, the Coventry City Council in the United Kingdom will reportedly enter a joint venture partnership with Coventry Airport with the aim of building the country’s second battery…

Ford To Build New Electric Car On Volkswagen Framework

Ford is vowing to convert its entire passenger vehicle lineup in Europe to electric power by 2030 in just the latest sign of the seismic technological changes sweeping the auto industry. Ford will spend $1 billion to revamp its factory…

EC Approves Second Major Battery Innovation Project; €2.9B (US$3.5B) From 12 Member States

The European Commission has approved, under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation in the battery value chain. The project, called “European Battery Innovation” (EuBatIn) was jointly prepared and…

New Electric Vehicle Standards To Advance UK Battery Manufacturing

BSI, in its role as the UK National Standards Body, has published two standards as part of the Faraday Battery Challenge Standardization Programme to help support the UK’s Electric Vehicle capability. The standards are an important step in creating a…

Volkswagen Begins Electric Vehicle Battery Recycling

Volkswagen has opened its first EV battery recycling plant, recovering raw materials like lithium, nickel, manganese and cobalt in a closed loop together with aluminium, copper and plastics. The pilot operation at the firm’s facility in Salzgitter, Germany, will initially…

Wallbox Gains €33Mn Fresh Capital

Spain’s charging solutions supplier Wallbox closed a €33 million financing round led by new investors Cathay Innovation and Wind Ventures. Existing investors such as Iberdrola and Seaya Ventures were also on board. Wallbox expects the new capital to inject strategic…

Finland Targets Investors In Bid To Create New Battery Industry

Finland is looking for investors to help it build a new industry around electric-vehicle batteries over the next half decade. The country, which refines more than half the cobalt produced in Europe, published a report, laying out its case. One…