electric vehicle News Updates

Business, Technology, Fuel, TCA

Former CEO Buys Lordstown Motors’ Assets for $10 Million

CLEVELAND, Ohio — The former CEO of Lordstown Motors Corp. has bought the company’s assets for $10 million, according to documents filed with the U.S. Securities and Exchange Commission.

October 3, 2023
Business, Technology, Fuel

Toyota Keeps Up Push to Prove It Can Embrace New Technology

Toyota Motor Corp.’s campaign to show customers, suppliers and investors that it’s serious about electrification was on display again this month.

September 18, 2023
Government, Business, Technology, Fuel

Hundreds of Flying Taxis to Be Made in Ohio

The same Ohio river valley where the Wright brothers pioneered human flight will soon be manufacturing cutting-edge electric planes that take off and land vertically.

September 18, 2023
Government, Business, Technology

Electrify America Navigates Patchwork of Rates, Regulations

Electrify America Director of Energy Services Jigar Shah is in charge of navigating a wide range of rates charged by more than 200 electric utilities in areas where the company has stations.

September 18, 2023
Business, Technology, Equipment

Electric Vehicle Sales Hit Critical Mark

Electric cars are smashing all kinds of records in the U.S. Their share of new cars exceeded 7% for the first half of the year, speeding past a critical tipping point for mass adoption.

September 14, 2023
Government, Business, Technology

FHWA Offers $100 Million in Grants to Fix Broken EV Chargers

Up to $100 million in government grants is available for states and local governments to repair and replace broken electric vehicle charging infrastructure.

September 13, 2023
Government, Business, Technology

California Shows an Electric-Car Uprising Headed for the US

If you want to know how quickly electric vehicles might spread across the U.S., just look at California. In the past five years, EVs have gone from 2% of new-car sales in the state to 22%.

September 8, 2023
Government, Business, Technology

California Charging Infrastructure Lags Behind Targets

Concerns are growing that California is falling behind in its ability to provide enough electric vehicle charging options to meet its own aggressive targets.

September 7, 2023
Business, Technology

Tesla to Supply Hilton Hotels With 20,000 EV Chargers

Hilton Worldwide Holdings Inc. is partnering with Tesla Inc. to install 20,000 universal electrical vehicle chargers at 2,000 of its hotels in the U.S., Canada and Mexico.

September 7, 2023
Business, Technology, Fuel

VinFast Surges Above $200 Billion

Unprofitable Vietnamese electric vehicle maker VinFast Auto Pte Ltd. is now worth more than the likes of Goldman Sachs Group and Boeing Co.

August 28, 2023