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

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Global EV Sales Up 69% y/y in Jan

Global electric vehicle sales jumped 69% in January from a year earlier but were down 26% from December, reflecting subsidy cuts or tighter rules in Germany and France and seasonally weaker sales in China. Sales of fully-electric cars, or battery…

Ford’s Developing A Cheap EV Platform To Fend Off Tesla And Chinese EVs

A small team within Ford has spent the last two years developing a low-cost platform for smaller electric vehicles, CEO Jim Farley said on Tuesday. “We made a bet in silence two years ago,” Farley told investors during the company’s…

Evergrande EV Unit Suspends Talks with Dubai’s NWTN on Redrafting Deal

China Evergrande New Energy Vehicle (0708.HK), opens new tab (NEV) said on Friday it has suspended negotiations on amendments to the terms of a HK$3.89-billion ($497.42 million) share subscription agreement with Dubai-based mobility firm NWTN (NWTN.O), opens new tab. In…

bp pulse and Uber Team Up On Driver Charging As EV Momentum Builds

bp and Uber today announced a new global mobility agreement which will see the companies work together to help accelerate Uber’s commitment to become a zero-tailpipe emissions mobility platform in the US, Canada and Europe by 2030 and globally by…

Mercedes Opens Its First EV-Only Dealership In The World In Japan

Mercedes-Benz’s first dealership in the world dedicated to its all-electric Mercedes-EQ brand opened in Yokohama, south of the Japanese capital on Tuesday, the German automaker’s local unit said. Mercedes-Benz has rolled out five electric models since 2019 and “sees further…

Suzuki And PowerX To Explore Biz Potential For Ultrafast EV Chargers In Japan And India

Suzuki Motor Corporation has signed an MoU with the Tokyo-based PowerX Inc, which manufactures and sells battery energy storage systems, to start exploring business partnership opportunities in Japan and India. The business partnership between the two Japanese companies will explore…

India Roundup: Foxconn Postpones Bharat FIH’s IPO Plan

Foxconn decided to postpone its Indian subsidiary’s IPO plan due to current market conditions. Google’s business in India may be negatively impacted after being fined by the country’s antitrust regulator for anti-competitive practices. Foxconn postpones Bharat FIH’s IPO plan According…

Hyundai Casper EV Could Be On The Cards For Australia

The current crop of EVs come with price tags that are out of the reach of many buyers. But this cute softroader could change all of that. Call it cute, call it funky – there’s no missing the Hyundai Casper…

Electric Vehicle Adhesives Market Size To Surpass USD 3.4 Bn By 2030

The global electric vehicle adhesives market size is projected to surpass around USD 3.4 billion by 2030 from valued at USD 0.5 billion in 2021 and growing at a CAGR of 23.74% from 2022 to 2030. The global electric vehicle…

Gargour Mobility Launches Wallbox Chargers For All Electric Vehicles In Lebanon

In line with its innovation-based strategy for sustainable business development, Gargour Mobility has partnered with the global technology company Wallbox to be the only authorized distributor in Lebanon. This first-of-its kind collaboration is set to be a definite turning point…