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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New BYD EV Platform To Come In 2021

According to the most recent reports from China, Lian Yubo, senior vice president of BYD, hinted at a new EV platform scheduled for market launch in April 2021. The new models, based on this new platform, should have cost, range…

TÜV & ConAC To Open Test Lab For EV Batteries

The German certification service provider TÜV Rheinland and the Aachen-based start-up ConAC have announced a test laboratory for electric car drive batteries. The laboratory, which is to become one of the “largest and most modern independent battery test centres in…

UK: Plug-in Pledge Raises EV Uptake Forecast

Two years after launching the Plug-in Pledge in the UK, the British Vehicle Rental and Leasing Association (BVRLA) has updated its forecasts for the uptake of electric and plug-in hybrid vehicles. The speed with which road transport is decarbonising has…

Renault Electric SUV Riles Unions In France

Renault unions are raising hackles about the French carmaker producing a new electric mini-SUV in China and selling it in Europe, a clash that could become more common given how many companies have similar plans. Labor groups are assailing Renault…

India’s EESL To Invest $5 Million In Thailand’s Electric Vehicle Manufacturer

India’s Energy Efficiency Services Limited (EESL) would invest in SWAG EV, an electric vehicle (EV) manufacturer in Thailand, in a bid to drive convergence – an emerging concept bringing together electric mobility, renewable energy, and carbon finance. SWAG is an…

Ideanomics Invests In California-Based e-Tractor Company Solectrac

Ideanomics announced that it has acquired 15% of California-based Solectrac, Inc. for the consideration of $1.3 million. Solectrac develops, assembles and distributes 100% battery-powered electric tractors—an alternative to diesel tractors—for agriculture and utility operations. With this investment in Solectrac, Ideanomics…

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 Will Leave ‘Skateboard’ Behind & Move To Structural Battery Packs

Tesla’s first vehicle wasn’t a ground-up electric car. In fact, the original Tesla Roadster was essentially a gas car converted to electric. As we’ve said time and time again, this isn’t the best way to do it. We’ve seen many…

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…

GM Reveals $2B Investment, Moves GMC Acadia Production To Lansing Delta Twp. Assembly

General Motors said it is investing $2 billion in six U.S. assembly plants and will be converting its Spring Hill, Tennessee, assembly plant to become the company’s third factory to build electric vehicles. As part of that, GM said it…