electric vehicle News Updates

Government, Business, Technology

Stellantis CEO Says Pace of EV Push Hinges on Elections

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, 2024
Business, Technology

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, 2024
Government, Business, Technology, Equipment, Fuel

Maryland 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, 2024
Government, Business, Technology, Fuel

Ohio 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, 2024
Government, Business, Technology, Fuel

Biden 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, 2024
Government, Business, Fuel, TCA

EV 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, 2024
Government, Business, Technology

EV-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, 2024
Business, Technology

Battery 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, 2024
Business, Technology, Equipment, Safety

Goodyear 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, 2024
Business, Technology, TCA

VinFast 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.

January 8, 2024