Volkswagen is planning to invest in the power and charging infrastructure to help convince drivers to switch to electric vehicles (EVs), in addition to doubling its employee base in the charging and energy sector, according to Reuters. The company hopes to focus on ensuring enough fast-chargers and power are available to customers, and to partner […]
Beyond just offering Illinois electric vehicle (EV) buyers a state rebate, Illinois is also hoping to help EV parts manufacturers and automakers come to their state with a new tax incentive made law on Tuesday. Illinois Governor JB Pritzker signed a new tax incentive package into law on Tuesday, set to offer tax credits to […]
Just weeks after Lucid Motors’ first deliveries of the Lucid Air took place at a delivery event in California, the company’s head is already eyeing Tesla levels of financial success. Lucid Motors CEO Peter Rawlinson said the company’s recent stock surges evidence the company’s standing to someday be valued like Tesla, according to CNBC. Lucid’s […]
Not long after NIO’s news that the electric ET7 sedan will debut at Shenzen’s NIO House later this month, the company has shared plans for its premium audio system, including a format that will make audio even more immersive. NIO announced on Tuesday that Dolby Atmos audio will come as a standard in the upcoming […]
After Rivian’s proposed starting initial public offering (IPO) price of $62, the company landed a starting price of $76, before the company’s stock jumped in the past several days. Rivian has been on a five-day rally, pushing the company’s market capitalization past that of Volkswagen’s, according to Bloomberg. On Tuesday, Rivian’s surged 14 percent, trading […]
As electric vehicles (EVs) become more and more popular, one company has announced plans to switch its courtesy fleet to all-electric versions of one of its flagship vehicles. Renault Retail Group is switching its courtesy fleet in England and Wales to all-electric Zoe E-Tech models, set to add 143 of the EV units to the […]
NIO unveiled the ET7 electric sedan earlier this year, and according to a company official, the electric vehicle (EV) is set to debut in public later this month. NIO General Manager of the Shenzhen/Dongguan regional operation Eric Liu said on Monday that the ET7 will be displayed at the company’s NIO House in Shenzhen on […]
The Lucid Air Dream Edition has been receiving glowing reviews, and with the electric vehicle’s (EV’s) first units officially delivering to customers last month at a Lucid Air launch event, one publication has named the sedan the Car of the Year. Motortrend chose the Lucid Air as the 2022 Car of the Year, as shared […]
General Motors announced on Friday it will launch 10 electric vehicles in South Korea by 2025, according to Steven Kiefer, the head of GM’s international operations, reports Automotive News. Despite the launch of new EVs in South Korea, GM has no plans to build cars in the Asian nation yet, said Kiefer at a media […]
After Shell’s announcement of plans to build as many as 500,000 electric vehicle (EV) charging points across North America by 2025, the company has received federal funding which it plans to use to bolster its charging network in Canada. Shell has received $3.95 million CAD in federal funding from Natural Resources Canada (NRCan), set to […]
With Subaru’s 2023 Solterra announced earlier this year, the electric vehicle (EV) marks Subaru’s first, and is already garnering attention in markets around the world. Subaru has debuted the first of its all-electric Solterra SUV line, and the company’s Australian arm has been hinting at the fact that a local release down under may be […]
As climate change becomes more and more of a prevalent reality, many of the world’s governments, companies and cities on Wednesday signed the Glasgow Declaration to end fossil fuel use by 2040 – though holdouts include some of the world’s top automakers and auto markets. Toyota and Volkswagen, the world’s two top two automakers did […]
Following Washington State’s announcement of its goal to ban new gas car sales by 2030, the state is enacting other changes into law to help fulfill the decade-long goal, even taking it a step further in some areas. Washington plans to switch its statewide vehicle fleet over to EVs by 2040, as per a new […]
Rivian announced on Wednesday its upsized initial public offering of 153,000,000 shares of Class A common stock was set at $78 per share, raising $11.93 billion for the company. The electric automaker backed by the likes of Amazon and Ford, is set to trade under the ticker symbol “RIVN” on the Nasdaq today. The offering […]
As Apple plans to build an electric vehicle (EV), the company’s leader is addressing previous claims that Elon Musk tried to get Apple to buy Tesla at this year’s DealBook Live Summit. The New York Times is holding its DealBook Live Summit on Tuesday and Wednesday, featuring a number of newsmakers in business, policy and […]
