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

Europe

UK Launching New £1B Automotive Transformation Fund To Help Move UK Auto Sector To Zero Emissions

In the UK, the competition for the first £10 million (US$13 million) of a new £1-billion (US$1.3 billion) Automotive Transformation Fund has begun. The overall program will offer a share of up to £1 billion of funding for industrial research…

Vulcan Is A Step Closer To Net-Zero-Carbon Lithium Production

In the transition away from fossil fuels, electric vehicles (EV) are set to be deployed on a massive scale in the 2020s. This will create a huge market for lithium-ion batteries (LIB), and battery-quality lithium. This shift is taking place…

EIB And Endesa Partner To Install 8,500 EV Charging Points In Spain

The European Investment Bank and Endesa are joining forces to promote electric mobility in Spain. To this end, the EU bank will provide the Spanish company with €35 million in financing for the installation of electric charging stations across the…

With Verkor, France Has Another Giga-Battery Factory Project

Lithium battery cells will be rolling off a production line at a 16GWh-capacity factory in France in 2023, with manufacturing startup Verkor then planning to scale up to 50GWh “in line with market dynamics”. Suitable land for the first Verkor…

Audi, EnBW To Turn Electric Car Batteries Into Grid Support Tools

German carmaker Audi and utility EnBW are setting up an electric car battery operation at EnBW’s Heilbronn plant to build scaleable storage facilities by the end of this year, drawing on retired batteries to help power grids. Electric vehicle battery…

PSA To Launch EV-Optimized Platform In 2023

PARIS — PSA Group will introduce a new architecture optimized for electric vehicles in 2023 that will underpin compact and midsize models. The architecture, the Electric Vehicle Modular Platform or eVMP, will allow PSA to build battery-electric cars with a…

Former Tesla VP Chris Porritt Joins Rimac Automobili As CTO

Rimac Automobili has appointed former Aston Martin Chief Engineer, VP of Engineering at Tesla and lead at Apple’s Special Projects Group, Chris Porritt, to the role of chief technology officer. Porritt will report directly to founder and CEO, Mate Rimac,…

BMW Signs $2 Billion Battery Supply Contract With Northvolt

BMW like many other German car manufacturers, it is hedging its bets by designing cars that can be powered by gasoline and diesel engines, hydrogen fuel cells, plug-in hybrid technology, or battery electric powertrains. The car companies say such an…

Hitachi ABB Power Grids Launches Game-Changing EV Charging System For Large Scale E-Mobility

Hitachi ABB Power Grids launched Grid-eMotion™ Fleet, a game-changing grid-to-plug EV charging system that delivers a step-change approach for public transport and commercial operators. The smart mobility solution enables operators to efficiently scale up their operations and is expected to…

Hyundai XCIENT Fuel Cell Heads To Europe For Commercial Use

Hyundai Motor Company shipped the first 10 units of the Hyundai XCIENT Fuel Cell, the world’s first mass-produced fuel cell heavy-duty truck, to Switzerland. The company plans to ship a total of 50 XCIENT Fuel Cells to Switzerland this year,…