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

A platform specially designed and developed to keep the industry updated with the right Knowledge, News and Information about developments happening in the Electric Vehicles & Battery sector

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Samsung And Tesla Join Forces To Manufacture 5nm Chip Facilitate Autonomous Driving

For a while, Samsung had been taking steps to become the market leader in the chipset manufacturing space. Now, with the absence of Huawei in the market, Samsung has the opportunity and the space to fulfill its ambition. Last year,…

Finland Targets Investors In Bid To Create New Battery Industry

Finland is looking for investors to help it build a new industry around electric-vehicle batteries over the next half decade. The country, which refines more than half the cobalt produced in Europe, published a report, laying out its case. One…

Volvo Energy: Batteries, Charging, 2nd-Life, And Hydrogen

Volvo Group has formed a new business division, Volvo Energy, to streamline electrification. They will look to bundle internal activities around energy and charging but also provide used batteries to external customers for energy storage solutions. Volvo Energy concerns the…

Shell Looks To Wholly Own Ubitricity

Shell wants to take over the Berlin-based charging infrastructure specialist Ubitricity. Subject to antitrust approval, the deal is expected to close this year. Once the agreement is completed, Ubitricity is expected to become a wholly-owned subsidiary of Shell. “This decision…

Shift To Electric Vehicles Spurs Bid To Make More Batteries In U.S.

The auto industry’s quickening shift to electric cars is spurring investment in another emerging industry in the U.S.: manufacturing lithium-ion batteries for those vehicles. China currently dominates the market for producing electric-vehicle batteries. But as auto makers spend billions to…

Researchers Show Clean Solid–Electrolyte/Electrode Interfaces Double Capacity Of Solid-State Li Batteries

Scientists at Tokyo Institute of Technology (Tokyo Tech), Tohoku University, National Institute of Advanced Industrial Science and Technology, and Nippon Institute of Technology, have demonstrated by experiment that a clean electrolyte/electrode interface is key to realizing high-capacity solid-state lithium batteries…

Amazon Invests In Electrofuels Company Infinium

Infinium, an electrofuels solution provider, announced the close of a funding round bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP Ventures, Neuman & Esser, and the Grantham Environmental Trust. The proceeds will…

Biden Says He Will Convert Federal Fleet To Electric Vehicles

In remarks made at the signing of his Executive Order on Strengthening American Manufacturing, President Biden said that he would replace the federal government’s fleet of vehicles with electric vehicles made in the US. Such an investment in procurement, along…

Society Of Manufacturers Of Electric Vehicles Calls For Rejig Of FAME II Or Reintroduction Of FAME I

Ahead of the release of Union Budget, Society of Manufacturers of Electric Vehicles (SMEV) asked Finance Minister Nirmala Sitharaman to either rejig the FAME II scheme or reintroduce FAME I, saying the programme meant to promote EVs in its second…

Gulf Oil International Ltd Makes The First Strategic Move Into The EV Market

Gulf Oil International Ltd (Gulf), part of the Hinduja Group, has entered an agreement to co-invest alongside the Clean Growth Fund (CGF) in Indra, the fast-growing electric vehicle (EV) and smart energy technology company developing innovative charging and energy storage…