Electric vehicles
China risks loom in excess of U.S. tech giants Tesla and Apple as share costs plunge
Apple and Tesla are going through significant headwinds in China which is contributing to trader jitters around the two U.S. technologies giants. Tesla shares tanked 12% on Tuesday just after the electric powered carmaker reported deliveries that fell small of analyst expectations, even though Apple fell additional than 3% as considerations resurfaced about demand for […]
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Navigating the e-bike increase with America’s out-of-date infrastructure
Electric powered bikes are starting to be more and more common all-around the environment. In the U.S. e-bike income are outpacing electric powered and hybrid autos blended, in accordance to the Light Electric powered Vehicle Association. “The stage of ridership has just about doubled or a lot more each year considering the fact that 2015,” […]
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U.S. Postal Service to transform delivery fleet with 66,000 electric vehicles by 2028
Three United States Postal Service (USPS) mail trucks are parked in front of the post office in Danville. On July 20, the USPS announced that at least 40 percent of its Next Generation Delivery Vehicles (NGDVs) and commercial off-the-street (COTS) vehicles will be battery electric vehicles. Paul Weaver | Sopa Images | Getty Images The […]
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Auto executives are less confident in EV adoption than they were a year ago
A NYC charging station seen in the Yorkville neighborhood of New York City. Adam Jeffery | CNBC DETROIT — Global automotive executives are less confident about the rate of adoption of electric vehicles than they were a year ago amid supply chain problems and rising economic concerns, according to a survey released Tuesday. Of the […]
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EV maker Lucid closes $1.5 billion raise from the Saudi public wealth fund and other investors
Lucid Motors CEO Peter Rawlinson claps after ringing the opening bell at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, July 26, 2021. Andrew Kelly | Reuters Electric vehicle maker Lucid Group said Monday […]
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Vietnamese EV maker VinFast files to go public in the U.S.
The VF-8 electric vehicle from VinFast, a Vietnamese automaker producing electric cars and SUV’s, is on display at their showroom in Santa Monica, California, on July 18, 2022. Frederic J. Brown | AFP | Getty Images Vietnamese EV maker VinFast is going public in the U.S. VinFast on Tuesday said it has filed a registration […]
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Startup backed by Tesla trader claims $300,000 traveling car by 2025: ‘This is not additional complicated than a Toyota Corolla’
The promise of a long term loaded with traveling vehicles is very little new. For many years, futurists have touted the desire of your car lifting off and soaring over a visitors jam. So the most interesting part of a current prototype announcement from Santa Clara, California-centered Alef Aeronautics may possibly not be the vehicle […]
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How electric air taxis could shake up the airline industry in the next decade
A VoloCity air taxi by Volocopter is pictured at Pontoise airfield in Cormeilles-en-Vexin, near Paris, France, November 10, 2022. Benoit Tessier | Reuters A world with flying vehicles, like the 1960s sitcom The Jetsons, might be closer than you think. Companies across the U.S., including several startups, are developing electric air taxis that aim to […]
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GM, LG investing $275 million to expand Tennessee EV battery plant
General Motors revealed its all-new modular platform and battery system, Ultium, on March 4, 2020 at its Tech Center campus in Warren, Michigan. Photo by Steve Fecht for General Motors General Motors and LG Energy Solution will spend an additional $275 million in their joint venture battery plant in Tennessee to increase production by more […]
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Toyota secures funding to develop hydrogen fuel cell version of its Hilux pickup in the UK
A Toyota logo displayed on a vehicle in Poland. The Japanese automotive giant started working on the development of fuel cell vehicles back in 1992. Artur Widak | Nurphoto | Getty Images LONDON — A consortium led by automotive giant Toyota will receive millions in funding to develop a hydrogen fuel cell pickup truck in […]
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