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

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Volcon ePowersports Invites EV-Sector Investors To Join First All-Electric, Off-Road Vehicle Manufacturer In Public Funding Round

Investors of all kinds will now have the opportunity to join the growing electric-powersports sector with the announcement of Volcon’s new funding round on crowdsourcing-investment platform WeFunder – the largest funding portal by number of investments, investment volume and investor…

Tougher Battery Standards Sought By EU In Shift To Electric Cars

Europe plans to impose stricter environmental requirements for batteries as it begins a radical economic overhaul set to boost electric vehicles and clean energy. The European Union will aim at setting a global standard in the fast-growing market when it…

Hitachi ABB Power Grids And Ashok Leyland Partner For An E-Bus Pilot At IIT Madras

Hitachi ABB Power Grids has signed a memorandum of understanding (MoU) with Ashok Leyland and the Indian Institute of Technology Madras (IITM) for an e-mobility pilot project. Under the tripartite agreement, the trio will run an electric bus (e-bus) pilot…

Lucid Motors Completes Construction On First Greenfield Electric Vehicle Factory In North America

Lucid Motors, which is setting new standards for sustainable mobility with its advanced luxury EVs, announced completion of the first phase of construction at the new Lucid AMP-1 (Advanced Manufacturing Plant) factory in Casa Grande, AZ, with the commissioning of…

Magenta Launches The Associate Program For Deploying Nationwide Low-Cost EV Charging Platform

Magenta, a pioneer in the business of clean mobility and clean electricity has launched its nationwide business associate outreach program starting December 2020. Under this initiative, Magenta will identify associates across India to deploy low cost electric vehicle charging platform….

Mercedes To Source Cobalt And Lithium With “Standard For Responsible Mining”

In future, Mercedes-Benz will only buy battery cells with cobalt and lithium from certified quarries. The Stuttgart-based automaker also intends to reduce the cobalt content of the next generation of battery cells to less than ten per cent and, in…

V2G Charging Pioneer Nuvve To Go Public Via SPAC Reverse Merger

Nuvve, the San Diego-based company that’s spent the past decade pioneering electric-vehicle-to-grid (V2G) projects around the world, plans to go public via a special purpose acquisition company (SPAC). It’s the latest example of an EV-related company seeking public financing as…

REE And Iochpe-Maxion Partner For EV Platform Development

Electric platform developer REE Automotive (REE) and Iochpe-Maxion, a producer of automotive structural components, have formed a partnership to co-develop and manufacture an exclusive wheel design and chassis solution for REE’s corner modules and electric vehicle platform. The REEcorner EV…

Volkswagen EV Battery Lab Begins Construction In Tennessee

The German automaker has made the southern state it’s home for electric vehicle production, and soon, batteries. Recently, the company said construction began on its new battery lab, which will handle testing for EV batteries in the future as part…

Ford Announces Key Investments In Plants To Build EVs Like The New E-Transit Van

Ford Motor Co. said it will invest $100 million in its Kansas City Assembly Plant and add 150 jobs there to build the new E-Transit van, which the company will reveal later this week. The automaker is also investing $850…