electric vehicle News Updates

GovernmentTechnologyEquipmentFuel

US, EU Agree on Heavy-Truck Charging Standard

The U.S. and European Union have agreed that when a megawatt charging standard is developed for heavy trucks, it must be universal.

May 31, 2023
GovernmentBusinessEquipmentFuel

Stellantis’ Battery Plant Subsidy Likely to Top Volkswagen’s

Stellantis NV is likely to receive more in subsidies for a new electric vehicle battery plant in Canada than the $9.5 billion Volkswagen AG extracted for a similar project, says one expert.

May 31, 2023
BusinessTechnologyEquipmentFuel

Why Ford Chose Tesla for EV Partnership: It’s the Plug

Hours before Tesla Inc. and Ford Motor Co. announced their surprise charging partnership, Ford’s chief executive officer offered his take as to why the U.S. has been so slow to adopt electric vehicles.

May 30, 2023
BusinessTechnologyFuel

Foxconn’s Dispute With Lordstown Shows Souring EV Sentiment

Foxconn hasn’t made good on its pledge to acquire enough Lordstown shares to build an 18.3% stake in the company, and now a dispute threatens to sink the electric vehicle startup.

May 26, 2023
GovernmentBusinessTechnologyFuelTCA

The EV Squeeze: How the US and Europe Compare

MILAN — European governments have historically been more aggressive than the United States in regulating fuel consumption. That is about to change.

May 24, 2023
GovernmentBusinessTechnologyFuelTCA

US, Canada Plan First Cross-Border Electric Vehicle Corridor

The U.S. and Canada announced the creation of the Binational Electric Vehicle Corridor, an 872-mile route that will stretch from Kalamazoo, Mich., to Quebec City, Quebec, and feature fast chargers every 50 miles. 

May 18, 2023
BusinessFuelTCA

Michigan Town Rests Economic Hopes on Ford Battery Plant

Advocates for Ford’s $3.5 billion electric vehicle lithium-ion battery plant in Marshall, Mich., say the 2,500 jobs it promises are much needed for the city of less than 7,000.

May 17, 2023
BusinessTechnologyEquipment

New EV Models Drive Up North American Factory Production

North American factories cranked out 219,000 battery-powered cars and trucks in the first three months of the year, a 39% increase over the year-earlier period.

May 10, 2023
BusinessTechnologyEquipment

Rivian Reports Better-Than-Expected Loss, Affirms EV Plans

Rivian Automotive Inc. reported a narrower-than-expected loss to start the year and reaffirmed its annual production plans as efforts to cut costs buoyed the electric vehicle maker.

May 10, 2023
GovernmentBusinessTCA

UAW Demands Support for EV Workers Before Endorsing Biden

New leaders of the United Auto Workers are withholding the union’s endorsement for President Joe Biden’s re-election until he shows support for a “just transition” to electric vehicles, according to a letter sent by newly elected UAW President Shawn Fain.

May 4, 2023