electric vehicle News Updates

GovernmentBusinessTechnologyFuel

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
BusinessTechnologyFuel

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
GovernmentBusinessTechnologyFuel

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
GovernmentBusinessTechnologyFuelAutonomous

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
BusinessTechnologyFuelAutonomous

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
BusinessTechnologyFuelAutonomous

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
GovernmentBusinessTechnologyEquipmentFuel

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
BusinessTechnologyFuelAutonomous

EV Startup REE Plans Merger With 10X Capital SPAC

REE Automotive, an electric-vehicle technology startup, has agreed to go public through a merger with 10X Capital Venture Acquisition Corp., a blank-check company, according to people with knowledge of the matter.

February 3, 2021
BusinessTechnologyFuel

GM Sets Goal of Going Largely Electric by 2035

General Motors Co. has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that.

January 28, 2021
BusinessTechnologyFuel

EV Charging Firm FreeWire Closes $50 Million Funding Round

FreeWire Technologies Inc., an electric vehicle charging and power startup, has raised $50 million in a Series C funding round.

January 26, 2021