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

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Tula’s DMD™ Improves Electric Motor Efficiency While Reducing Rare Earth Materials In Battery Electric Vehicles

Tula Technology, Inc., a leader in propulsion efficiency, reported that their product Dynamic Motor Drive (DMD™) mitigates efficiency losses of electric motors while significantly reducing reliance on rare-earth materials. DMD’s application to electric vehicle motors has the potential to increase…

GM Introduces Ultium Charge 360

General Motors introduced Ultium Charge 360, a holistic charging approach that integrates charging networks, GM vehicle mobile apps, and other products and services to simplify the overall charging experience for GM electric vehicle owners. Ultium Charge 360 builds on GM’s…

Suzuki, Subaru, Daihatsu, Toyota, And Mazda To Develop Joint Technical Specifications For Next-Generation Vehicle Communications Devices

Suzuki Motor Corporation, Subaru Corporation (Subaru), Daihatsu Motor Co. Ltd., Toyota Motor Corporation, and Mazda Motor Corporation reached an agreement to develop jointly technical specifications for next-generation vehicle communications devices. They also agreed to promote the common use of communications…

EnBW Developing Europe’s Largest EV Fast Charging Station

German electric utility company EnBW has announced it is implementing a flagship charging station at the Kamener Kreuz autobahn interchange. When complete, the 52 charging points will make it the largest public fast charging station in Europe, according to EnBW….

Hino Motors, Ree Automotive Partner To Bring New Technologies To Commercial Vehicles

Hino Motors, the Toyota subsidiary that makes commercial vehicles and diesel engines, is forming a strategic alliance with Israeli-based REE Automotive, a manufacturer of modular platforms to support autonomous vehicles. The goal is to combine Hino’s expertise in commercial vehicles…

Electric Vehicle Battery Group Raises $2Bn In Korea’s Biggest IPO In 4 Years

The company priced the offering at Won105,000 per share or the top of a marketed range, according to a stock exchange statement. Demand for shares outweighed the number on offer by 1,883 times as institutional investors bet on growth in…

Honda Promises To Make Only Emission-Free Vehicles In The Future

Honda became the latest automaker to promise an emissions-free future. In his first press conference as CEO of the Japanese automaker, Toshihiro Mibe said the company “will strive” to sell only battery-electric vehicles and fuel cell electric vehicles by 2040…

OLA To Deploy Hypercharger Network With 1 Lakh Charging Points Across 400 Cities

Bhavish Aggarwal-led Ola Electric seems to be on full throttle to turn India into a leading e-scooter market. After setting up the world’s largest e-scooter manufacturing plant over a 500 acre land in Tamil Nadu, the company has revealed its…

EVLOMO And Rojana To Invest $1.06B To Build 8 GWh Battery Plant In Thailand

EVLOMO Incorporated and Rojana Industrial Park Public Co., Ltd. announced plans to setup an 8 GWh Lithium Battery plant in the EEC of Thailand. Together, the companies will invest up to a total of $ 1.06 billion through a new…

India To Spend $200 Million In Next 5-7 Years To Promote Hydrogen Use

India will spend $200 million over the next five to seven years to promote the use of hydrogen, Indu Shekhar Chaturvedi, the top bureaucrat at India’s ministry of new and renewable energy, said at a virtual industry event. India has…