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

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Europe

France Threatened As U.S. Shores Up EV Industry

When President Biden signed the Inflation Reduction Act in August, there was much discussion of the legislation’s tax incentives, including provisions to expand domestic U.S. production of electric vehicles (EVs). Unfortunately, America’s trading partners — led by French president Emmanuel…

EU Agrees New Law On More Sustainable And Circular Batteries To Support EU’s Energy Transition And Competitive Industry

The Commission welcomes the provisional political agreement reached between the European Parliament and the Council aiming to make all batteries placed on the EU market more sustainable, circular and safe. The agreement builds on the Commission’s proposal from December 2020…

Toyota Rolls Out C-HR Plug-in Hybrid

Toyota on Monday teased a plug-in hybrid version of its C-HR subcompact crossover and confirmed more all-electric bZ models for Europe. The Toyota C-HR Prologue Concept shown Monday previews a next-generation model scheduled to debut in the near future. Toyota…

Europeans “Can’t Make Money On EVs”

STELLANTIS is considering building its EV models in India for potential export to Europe because high costs in the EU mean that car makers cannot make EVs at a profit. Speaking from Chennai where Stellantis has a technical centre, CEO…

Ford Invests Another $180M In Powertrain Plant To Supply 70% Of European EVs

Ford Motor Company announced plans to invest an additional $180 million in its Halewood EV powertrain facility in northern England. As the American automaker looks to go all-electric overseas by 2030, the fresh fund will help bolster the plants output…

Next Electric Car Sales Phase Could Expose European Neglect Of Affordable Vehicles

It’s was easy to sell electric cars to relatively wealthy early adopters in Western Europe who couldn’t wait to be seen in their new, fashionable wheels and were happy to overlook some of the disadvantages. But if the mass market…

Europe Won’t Allow Mercedes’ EV Performance Subscription Fee, For Now

Mercedes raised some worried eyebrows with its recent announcement to offer additional power for its EVs via subscription. For electric EQE and EQS models, Mercedes will bump their horsepower if customers pay an additional $1,200 per year. However, that’s going…

Peugeot Inception Concept Will Give A Glimpse At Brand’s Future Bespoke EVs

European automakers these days are all making plans to prepare for when they will eventually (have to) go electric by the middle of the next decade. Most are now in the process of coming up with bespoke electric vehicles and…

Europe EV Charging Stations Market Report 2022

The research report provides an in-depth analysis of the European electric vehicle charging stations market and emphasizes on the current market trends, market size, market shares, recent developments, and forecast till 2029. The European electric vehicle charging stations market is…

EU Plans Subsidy War Chest As Industry Faces ‘Existential’ Threat From US

The EU is in emergency mode and is readying a big subsidy push to prevent European industry from being wiped out by American rivals, two senior EU officials told POLITICO. Europe is facing a double hammer blow from the U.S….