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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Electric Vehicle Maker Lion Electric Cutting 150 Jobs to Reduce Costs

The Lion Electric Co. says it is cutting 150 jobs or about 10 per cent of its total workforce in a move to reduce costs and improve its ability to reach its profitability objectives. Lion Electric chief executive and founder…

LION Announce Launch Of The LION5 Medium-Duty All-Electric Truck

Lion’s all-electric Lion5 launched as the premier vehicle for last mile delivery and more with GVWR Class 5-to-6 crossover capabilities,30,000 lb. max GCWR, 12,500 lb. max payload, Powered by Lion’s proprietary 800v LionBattery packs, Driving range up to 200 miles,…

Governments Invest In Electric Vehicle Battery Plant

The governments of Canada and the province of Quebec will make an equal investment totalling almost $100 million for the creation of a highly-automated battery-pack assembly plant in St-Jerome, an hour north of Montreal. The project which will require an…