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

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Blink Charging Deploys Electric Vehicle Charging Stations Across Migdal Insurance Locations

Blink Charging Ltd., a wholly-owned subsidiary of Blink Charging Co., continues its expansion through its latest agreement with Migdal Insurance and Financial Holdings Ltd. (Migdal), one of Israel’s largest insurance companies. This is the latest partnership that will allow Blink…

Faradion Bags First Order For Sodium-Ion Batteries From ICM Australia

Faradion Ltd, world leader in sodium-ion battery technology, has announced its first order from ICM Australia. Sodium-ion batteries, owing to its exceptional superiority over lithium-ion batteries, are likely to revolutionise the automobile/mobility, storage and mobile sectors across the world. Faradion’s…

Lower Oil Prices To Decimate Electric Vehicles Sales

According to a study by Wood Mackenzie, the coronavirus outbreak, potential delays to fleet purchasing due to lower oil price and a wait-and-see approach to buying new models have all contributed to a decrease in the projected sales of EV….

Rapid EV Growth And Decline In Battery Cost Are Creating Renewed Interest In Battery Swapping

Initial battery-swapping efforts during the early 2010s sought to allow battery EV (BEV) owners to quickly replace batteries, offering drivers practically unlimited driving range. However, the high cost of batteries and low number of vehicles that could access swap stations…

Automotive Alternator Market Expected To Grow With A CAGR Of Over 6.02% Globally (Forecast Period, 2020-2025)

The automotive alternator market is expected to register a CAGR of over 6.02%, during the forecast period, 2020 – 2025. The growing demand for hybrid powertrain systems in vehicles and stringent emission norms are the major factors propelling the automotive…

Tesla Delivers Highest First Quarter Electric Car Sales Despite Covid-19

Tesla stock soared 17% in after hours trading on Friday following the release of recorder first quarter deliveries for Q1 2020 on Thursday. Tesla said more than 88,000 electric vehicles in total were delivered in the first quarter, 76,200 of…

GreenPower Motor To Collaborate With Momentum Dynamics To Develop Wirelessly-Charged Electric Buses

GreenPower Motor Company Inc. (GreenPower) and Momentum Dynamics have entered a three-year OEM agreement to develop and sell wirelessly charged, purpose-built, all-electric transit vehicles. The first vehicle to integrate Momentum Dynamics’ high-power wireless charging will be GreenPower’s flagship model, the…

The Sharing Economy Faces Worst Hit In The Pandemic

The global pandemic keeping well over a billion people inside their homes has become a stress test for one of the most fascinating corners of the tech industry: the so-called sharing economy. Businesses whose services involve driving people around, renting…

Infineon Withdraws Outlook For FY20; Economic Impact Resulting From Coronavirus Pandemic Can Currently Not Be Reliably Assessed

Neubiberg, Germany – 26 March 2020 – The more and more pronounced coronavirus pandemic worldwide is causing severe disruptions to global supply chains, endmarkets and economies. Developments around the coronavirus are very dynamic and result in low visibility. In view…

Study Confirms Electric Cars Produce Less CO2 Than Petrol Vehicles

Electric vehicles produce less carbon dioxide than petrol cars across the vast majority of the globe – contrary to the claims of some detractors, who have alleged that the CO2 emitted in the production of electricity and their manufacture outweighs the benefits….