electric vehicle News Updates

Business, Technology, Fuel

Lordstown Motors Sinks as Firm That Targeted Nikola Takes Aim

Lordstown Motors Corp. plunged the most in five months after the short-seller whose attack on Nikola Corp. led to its founder’s departure turned its sights on the electric truck startup.

March 12, 2021
Business, Fuel

Workhorse Rises After Lawmaker Seeks Probe of Big Oshkosh Trade

Workhorse Group Inc. rose after a U.S. lawmaker raised questions about a $54.2 million late-day block trade in competitor Oshkosh Corp. on the eve of a blockbuster U.S. Postal Service contract award.

March 8, 2021
Business, Fuel, Autonomous, TCA

Minnesota Proposal Would Tax Electricity as Fuel

As gas tax revenue declines because more people are buying electric vehicles, a Minnesota lawmaker has proposed a bill that would tax electricity as fuel at charging stations for electric vehicles.

March 3, 2021
Government, Business, Technology, Fuel

Activists Say USPS Truck Purchase Defies Biden’s EV Order

The U.S. Postal Service currently plans for only 10% of its new truck fleet to be electric, Postmaster General Louis DeJoy said Feb. 24, angering environmentalists who say the move flies in the face of a White House executive order to electrify the government’s vehicles.

February 25, 2021
Business, Technology, Fuel

Daimler Truck Eyes Profit Rebound, Electric Rig in Spinoff Year

Daimler AG’s truck unit will focus on restoring earnings this year and start producing an electric big rig as it gets ready to separate from the larger Mercedes-Benz luxury-car division after more than a century.

February 25, 2021
Government, Business, Technology, Fuel

Ford CEO Farley Calls for Battery Production in US

Ford Motor Co. CEO Jim Farley said the U.S. must begin building batteries for the coming wave of electric vehicles in order to avoid supply disruptions like the semiconductor shortage now shutting American auto factories.

February 24, 2021
Government, Business, Technology, Fuel, Autonomous

Workhorse Passed Over as Oshkosh Wins USPS EV Contract

Electric-vehicle maker Workhorse Group Inc. plunged on Feb. 23, triggering multiple trading halts, after a key U.S. Postal Service contract that some had expected it to win went to rival Oshkosh Corp. instead.

February 24, 2021
Business, Technology, Fuel, Autonomous

Lucid Motors Reportedly Near Deal to Go Public

Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early this week, according to people familiar with the matter.

February 22, 2021
Business, Technology, Fuel, Autonomous

Jaguar to Go All-Electric by 2025

LONDON — Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Feb. 15 as it outlined a plan to phase out internal combustion engines.

February 16, 2021
Government, Business, Technology, Equipment, Fuel

California Leads in Electric Vehicle Policies, Practices, Energy Nonprofit Says

California is by far the national leader in enabling the use of electric cars and medium- and heavy-duty electric trucks, according to a state-by-state evaluation of electric vehicle policies and practices compiled by a leading nonprofit energy efficiency group.

February 3, 2021