U.S. President Joe Biden has been vocal about his support for clean energy, and months after his $174 billion infrastructure plan supporting electric vehicles (EV) growth, administration officials have said that domestic EV battery recycling will also gain a boost. The Biden administration is set to complete a 100-day review of gaps in integral parts […]
After news of an upcoming autonomous vehicle from Apple broke throughout this and last year, the company has reportedly lost multiple of the autonomous driving department’s top managers in recent months. According to Bloomberg, Apple lost multiple top self-driving car department managers in the past few months, including Dave Scott in robotics, Jaime Waydo in […]
As talk of electric cars continues to surge, companies of all sorts are looking to help expand the charging network, with one company planning a huge charging infrastructure expansion of its own. In a press release on Tuesday, 7-Eleven announced plans to install 500 new electric vehicle (EV) chargers across 250 U.S. and Canada locations […]
Earlier this year, NIO and Xpeng were called Tesla’s best rivals for global market share, and in a new update, one firm has upgraded NIO’s price target and rating. Shares of NIO rose up to 4% on Tuesday after Citi changed its rating on the stock to “buy” from “neutral,” as well as changing the […]
On Tuesday, May 25, the Las Vegas Convention and Visitors Authority (LVCVA) conducted capacity testing on The Boring Company’s underground ‘Convention Center Loop’. The test was ran on a V3 loop configuration with 62 vehicles. Following a review, the results of the test were publicized on Friday and revealed that the observed loop capacity exceeded […]
According to Yahoo! Finance, all-electric truck startup Rivian could have its sights set on a $70 billion USD valuation at a rumoured Initial Public Offering (IPO) later this year. Following an investment round worth $2.65 billion USD led by T. Rowe Price back in January, Rivian was valued at $27.6 billion USD. By February, reports that […]
If you build it, they will come, goes the saying. This is especially true when it comes to electric vehicles and charging infrastructure. But in Alberta, Canada, EV owners say the charging infrastructure is falling behind. According to the CBC News, that is exactly what’s happening in the western Canadian province. For example, Tesla Model Y […]
On Wednesday, the U.S. Senate Finance Committee advanced a bill that would effectively increase electric vehicle (EV) tax incentives up to $12,500 for all EVs manufactured by U.S. union workers, according to Reuters. The legislation would eliminate the current EV maximum credit of $7,500, and would only require a base price of under $80,000. The […]
As the electric vehicle (EV) world continues to heat up with the recent release of Ford’s F-150 Lightning (and its Pro variant), Amazon partner Rivian has made minor delays to its delivery plans. According to a press release from Rivian, R1T preorder customers will now begin receiving deliveries in July rather than June, while Launch […]
In a video shared on Wednesday by Lucid Motors, the electric vehicle (EV) manufacturer showed various features of its user experience (UX) design and how the elements were created with humans in mind. Among the shots included in the video include the Lucid Air’s dashboard and innovative interactions, as well as breakdowns of how the […]
Despite Tesla’s domination of the European auto market in March, April marked the beginning of a new quarter for the California-based automaker – meaning an overall slow-down in production until the quarter nears its end. In April, Volkswagen landed Europe’s first and second spots for best-selling electric vehicles (EVs), according to registration data collected by […]
Canadian electric vehicle (EV) charging network ChargerQuest has raised $3.1 million (CAD) towards its goal of expanding the EV charging infrastructure, according to a press release on Wednesday. The funding will be dedicated to adding 36 Level 3 EV fast-charger stations, and 100 Level 2 stations spread across Canada. ChargerQuest’s capital gains were led by […]
After Ford’s unveiling of the F-150 Lightning Pro series, an electric truck developed specifically for commercial and government use, the company’s shares are on the rise in advance of an investor event on Wednesday. Ford’s (F) shares touched five-year highs on Wednesday, following announcements that the company raised its clean energy investing by $8 billion, […]
Ford has officially released a new variant for its electric F-150 Lightning, coming to U.S. markets in spring 2022. According to a press release on Monday, Ford has announced the F-150 Lightning Pro variant, which the company says is the “first-ever all-electric F-Series truck, purpose-built for commercial customers.” Registrations officially opened Monday on the company’s […]
According to the South China Morning Post, NIO and Xpeng Motors are building online communities for users to earn credit towards specific branded products, with the former company now having sold over 3 million products through its app. In addition, Tesla has already cultivated a loyal following of the company and CEO Elon Musk, which […]
