Stellantis NV CEO Carlos Tavares said elections in the U.S. and Europe this year will dictate how quickly he can execute his 30 billion euro investment plan in electric vehicles.
January 19, 2024electric vehicle News Updates
Stellantis CEO Says Pace of EV Push Hinges on Elections
Ford Cuts Workforce Making Electric F-150s on Weak Demand
Ford Motor Co. said that it would reduce the number of workers making its F-150 Lightning truck as demand for electric vehicles continues to weaken.
January 19, 2024Maryland to Receive $15 Million for EV Charging Network
BALTIMORE — Maryland will use its share of $623 million in federal funding to develop 58 EV charging stations, some of which would be located in disadvantaged communities.
January 16, 2024Ohio Law Bans State Adoption of California Emission Rules
In a slap to California, Ohio has a law taking effect in March banning agencies from adopting that state's emissions regulations and protecting the sale and use of diesel and gas vehicles.
January 11, 2024Biden Awards $623 Million to Build EV Charging Network
WASHINGTON — The Biden administration is awarding $623 million in grants to help build an electric vehicle charging network across the nation.
January 11, 2024EV Subsidies Trimmed in California’s Proposed Budget Cuts
California Gov. Gavin Newsom has proposed significant cuts to clean energy and transportation programs designed to help the state confront the worsening effects of climate change.
January 10, 2024EV-Charging Firms Could Struggle With Finances in 2024
U.S. electric vehicle charging installations fell significantly last year as companies grappled with financial challenges, according to a BloombergNEF report.
January 9, 2024Battery Maker LG Energy Posts Earnings Miss Amid Weak Demand
Battery maker LG Energy Solution Ltd. badly missed fourth-quarter earnings estimates amid weaker demand for electric vehicles and a drop in lithium prices that hurt revenue.
January 9, 2024Goodyear Unveils Plans for Sustainable EV Tires at CES
The Goodyear Tire & Rubber Co. is developing a product for electric vehicles that it says will bolster their competitiveness against gas-powered vehicles by extending tire duration.
January 9, 2024VinFast Names Vietnam’s Richest Billionaire New CEO
VinFast, the Vietnamese electric carmaker building a multibillion-dollar factory in North Carolina, has replaced its CEO and CFO in the company's latest executive shuffle.
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