electric vehicle News Updates

Government, Business, Technology, Fuel

Spending on Global Energy Transition Hits Record $500 Billion

The world spent a record $501.3 billion in 2020 on renewable power, electric vehicles and other technologies to cut the global energy system’s dependence on fossil fuels.

January 19, 2021
Business, Technology, Fuel

Rivian Reportedly Reaches $27.6 Billion Value on New Funds

Rivian Automotive Inc., the electric-truck startup backed by Amazon .com Inc. and Ford Motor Co., raised $2.65 billion in new funding from a group of investors led by T. Rowe Price Group Inc.

January 19, 2021
Business, Technology, Fuel

Hunt for the Next Tesla Fuels Wave of EV Deals

Wall Street’s obsession with electric vehicles is touching off a new round of public listings and helping clean-tech companies to forge partnerships with powerful allies.

January 12, 2021
Business, Technology, Logistics

GM Announces New Electric Delivery Van, Electric Pallet

The market for battery-powered delivery vehicles and equipment has so much potential that General Motors is forming a new business unit to serve it.

January 12, 2021
Business, Technology, Fuel

Daimler Trucks-Backed Proterra to Go Public Through ArcLight SPAC

Proterra Inc., which makes electric buses and batteries, agreed to go public through a merger with special purpose acquisition company ArcLight Clean Transition Corp.

January 12, 2021
Business, Technology

Lucid Motors Reportedly in Talks to Go Public

Electric vehicle maker Lucid Motors Inc. is in talks to go public through a merger with one of Michael Klein’s special-purpose acquisition companies, according to people familiar with the matter.

January 11, 2021
Business, Technology, Fuel

GM Changes Corporate Logo to Plug Its EV Strategy

General Motors Co. is changing its corporate logo for the first time in 56 years, giving it a new lowercase script that is designed to look more modern.

January 8, 2021
Business, Technology, Fuel

New Geotab Division Helps Utilities Support EV Adoption

Fleet management solutions provider Geotab unveiled a service Jan. 7 focused on helping utilities support electric vehicle adoption.

January 7, 2021
Business, Technology, Fuel

VW CEO Says Apple Can Mount Major Challenge With Auto Push

Volkswagen AG CEO Herbert Diess said cash-rich technology giants invading the auto industry pose a much bigger challenge for the German manufacturer than traditional rivals like Toyota Motor Corp.

December 23, 2020
Business, Technology, Fuel, Autonomous

Tesla Slides on First Day of Trading on S&P 500 Index

Tesla Inc. was among the biggest drags on the S&P 500 in its first day of trading on the benchmark.

December 21, 2020