electric vehicle News Updates

Business, Technology, Fuel

Foxconn Mulls Making EVs at Wisconsin Plant

TAIPEI, Taiwan — Foxconn Technology Group, the world’s largest electronics manufacturer, is considering making electric vehicles at its highly anticipated Wisconsin plant that has been scaled back since its announcement in 2017, the company’s chairman said March 16.

March 16, 2021
Business, Technology, Fuel, Autonomous

Electric Last Mile Gets 45,000 Van Orders Amid E-Commerce Boom

Electric Last Mile Inc., the plug-in delivery van startup that’s in the process of merging with blank check company Forum Merger III Corp., said it has 45,000 preorders and will start production at the former Hummer plant in Indiana in the third quarter.

March 16, 2021
Business, Technology, Fuel, Autonomous

Automakers Embrace EVs, but What About Buyers?

DETROIT — The world’s major automakers have made something abundantly clear: They believe electric vehicles will dominate their industry in the years ahead. But do customers feel the same way?

March 15, 2021
Business, Technology, Fuel, Autonomous

GM-Backed Cruise Buys Self-Driving Startup Voyage

Cruise, the self-driving technology company that’s majority-owned by General Motors Co., said it acquired autonomous-vehicle startup Voyage, which operates a service in retirement communities.

March 15, 2021
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