electric vehicle News Updates

Business, Fuel

Electrify America to Double EV Charging Stations by 2025

SILVER SPRING, Md. — Electrify America, an electric vehicle charging network funded with money paid by Volkswagen as punishment for its emissions cheating scandal, said it plans to more than double its number of charging stations throughout the United States and Canada.

July 13, 2021
Government, Business, Technology, Fuel

EU Plans Phaseout of Combustion Engine Era

The European Union is set to propose a switch to zero-emission vehicles and boost its renewable energy target in an unprecedented push to align its economy with more ambitious climate targets.

July 9, 2021
Business, Technology, Fuel

Tesla Delivers Record 201,250 Cars in Second Quarter

Tesla Inc. delivered 201,250 cars worldwide in the second quarter, a record for the electric-car maker led by CEO Elon Musk.

July 2, 2021
Business, Technology

XL Fleet Added to Russell 3000, 2000 Indexes

XL Fleet Corp., a provider of hybrid electrification solutions for Classes 2-6 commercial and municipal vehicles, announced it has been added to the Russell 3000 Index and the U.S. Small Cap Russell 2000 Index effective June 28.

June 28, 2021
Business, Technology, Fuel

Proterra Eyes US Battery-Cell Facility Within Next Few Years

Proterra Inc., the electric-bus and battery maker that joined the Nasdaq Global Select Market, is planning a domestic battery-cell manufacturing facility within the next few years.

June 23, 2021
Business, Technology, Fuel

Ford Acquires Battery-Management Startup to Charge EV Fleets

Ford Motor Co. has acquired a startup that specializes in managing charging networks for commercial electric vehicles, a business the automaker hopes could generate as much as $1 billion in revenue by 2030.

June 17, 2021
Government, Business, Fuel, TCA

Sen. Manchin Cites ‘Grave Concerns’ About US ‘Going to the EV’

WASHINGTON — U.S. Sen. Joe Manchin, a conservative Democrat whose vote is key to any infrastructure deal in the narrowly divided Senate, expressed “grave concerns” June 15 about the Biden administration’s drive to boost adoption of electric vehicles.

June 16, 2021
Business, Technology, Fuel

Lordstown Motors Jumps on Forecast for 11 Months of Cash on Hand

Lordstown Motors Corp. jumped after saying it has enough money to make its battery-powered trucks through May of next year, paring a record decline the previous day following the departure of two top executives.

June 15, 2021
Business, Technology, Fuel

Lordstown Motors’ Rough Road Continues as CEO, CFO Depart

The top two executives at Lordstown Motors have resigned from the Ohio electric truck startup as problems at the company continue to mount.

June 14, 2021
Business, Technology, Fuel

Peak Internal Combustion Engine May Already Be Years in the Past

The world hit a transport milestone in 2017, though most people wouldn’t have noticed it at the time.

June 10, 2021