electric vehicle News Updates

Government, Business, Fuel

Poll: Many Americans Still Shying Away From EVs

WASHINGTON — Many Americans still aren’t sold on going electric for their next car purchase. High prices and a lack of charging stations are major sticking points, a new poll shows.

June 4, 2024
Business, Technology, Equipment, Fuel

Mercedes and Stellantis Press Pause on EV Battery Factories

Stellantis and Mercedes-Benz are pausing work on two electric vehicle battery plants and may pivot to manufacturing lower-cost cells in light of slowing demand for still-expensive EVs.

June 4, 2024
Government, Business, Technology, Equipment, TCA

EV Maker Lucid Chops Hundreds of Jobs Amid Red Ink

NEWARK, Calif. — Lucid Group has revealed its plans to slash hundreds of jobs, part of a reorganization that the maker of electric vehicles hopes will help position it for “future success.â€

May 31, 2024
Business, Technology, Equipment, TCA

Parts Suppliers Fear a Crash With Shift to EVs

Anxiety over a transition to electric vehicles is high in the thousands of businesses that have long supplied parts and equipment for cars and trucks powered by internal combustion engines.

May 31, 2024
Business, Technology, Equipment, Fuel

Focus on Tire Recycling Renews as BEV Numbers Swell

Retreading is a key instrument in a fleet manager’s cost management toolbox, but what happens after tires reach the end of their life span?

May 29, 2024
Government, Business, Technology

Expert Panel Critical of Regulatory Push for Electric Trucks

SAN ANTONIO — The road ahead for fleets to convert to electric trucks is an expensive and challenging one, a panel of trucking experts told executives at ATA's 2024 Midyear Management Session.

May 21, 2024
Business, Technology, Equipment, TCA

Unsteady EV Demand Drives Automaker-Supplier Tension

Rising costs and unsteady demand for EVs remain major sources of friction between automakers and their suppliers, according to a new survey examining supplier-automaker relationships.

May 20, 2024
Business, Technology

Honda to Invest $65 Billion Over 10 Years to Bolster EV Push

Honda will invest $65 billion on its electrification strategy this decade as it expects demand for battery-powered vehicles will rebound from short-term headwinds.

May 16, 2024
Government, Business, Fuel

US Cites Threat of Chinese EVs Made in Mexico as Trade Worry

The Biden administration is keeping an eye on attempts by Chinese companies to export cars from Mexico into the United States.

May 14, 2024
Business, Equipment, Fuel, Logistics, For-Hire

Ryder: Switching to a Class 8 EV May Double Vehicle Costs

A new analysis by leasing and logistics specialist Ryder System indicates the business case for swapping a diesel or gasoline van or truck for an EV is shaky for much of the trucking industry.

May 14, 2024