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

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LG Chem To Expand EV Batteries In Europe And North America

The South Korea-based organisation anticipates a further increase in its battery sales and profit during the fourth quarter after posting record quarterly earnings due to the surging demand for electric vehicle (EV) batteries. In a press release, Dong Seok Cha,…

Tesla Captures Almost 80% Of South Korean Imported EV Market

Korean media reports that during the first nine months of this year, Tesla sold in South Korea 10,518 electric cars, which is a dominant number in the imported EV segment – over 79%. The total number is 13,261, and only…

iPhone Builder Foxconn Is Making An EV Platform With A Solid-State Battery

Building an electric platform that’s the cornerstone of their EV business has taken GM and VW years. Volkswagen in particular is willing to partner with other automakers to get its modular MEB system under their vehicles and help make sure…

Canadian Startup Launches INDIEGOGO Funding Campaign For Low-Cost Electric Self-Charging Solar Tricycle Produced In Pakistan

A Canadian startup has launched an INDIEGOGO funding campaign to support the development of the VEGAN electric self-charging solar tricycle. The VEGAN is a lightweight multipurpose hybrid electric-self-charging solar tricycle. The team has not yet produced a working demo for…

Indonesia To Create Firm To Build Up Electric Vehicle Battery Industry

A group of Indonesian state-owned companies will form a venture to make batteries to power electric vehicles, the Mining Industry Indonesia (MIND ID) chief executive said. Indonesia, the world’s biggest producer of nickel ore, a key component of EV batteries,…

GM Partner Announces First Blockchain Standard For Electric Vehicle Charging Grids

The Mobility Open Blockchain Initiative (MOBI) and its internal Electric Vehicle Grid Integration (EVGI) Working Group have released the world’s first standard for using blockchain technology to protect private user data in electric vehicle charging systems. MOBI and the EVGI…

Honda Quits Formula 1 Racing To Focus On EVs And Fuel Cell Tech

Honda is giving up its prestigious Formula 1 program to shift more resources into battery-electric and hydrogen fuel-cell tech. The automaker unexpectedly announced recently that it would withdraw from F1 at the end of the 2021 season. Honda currently supplies…

Toyota-Panasonic Venture To Build Lithium-Ion Batteries For Hybrids In Japan

A joint battery venture of Toyota Motor Corp and Panasonic Corp said it will produce lithium-ion batteries for hybrid cars at a plant in Western Japan from 2022 to meet growing demand for electric vehicles (EV). The production line at…

World’s First Shipment Of Blue Ammonia Fuel To Japan From Saudi Arabia

The world’s first shipment of blue ammonia is on its way from Saudi Arabia to Japan, where it will be used in power stations to produce electricity without carbon emissions. Saudi Aramco, which made the announcement Sunday, produced the fuel,…

New Research Says Sodium-Ion Batteries Are A Valid Alternative To Lithium-Ion Batteries

Lithium (Li)-ion batteries (LIBs) are the electrochemical energy storage systems of choice for a wide variety of applications, however other types of emerging battery technologies are currently on the path to share their dominant position. Among them sodium (Na)-ion batteries…