This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Corbis via Getty Images Last weekend, I r...
Tag: electric vehicles
GM offers to buy out Buick dealers that don’t want to invest in EVs
Billboards at the Ziegler Cadillac, Buick and GMC Dealership in Lincolnwood, Illinois, the United States. U.S. General Motors Co. Joel Lerner | Xinhua News Agency | Getty Images DETROIT – General Moto...
What Visits By Musk And Von Der Leyen Say About Energy Policy
Tesla CEO Elon Musk gives interviews as he arrives at the Offshore Northern Seas 2022 (ONS) meeting … [+] in Stavanger, Norway on August 29, 2022. – The meeting, held in Stavanger from Aug...
Nio August EV deliveries grow while Xpeng, Li Auto fall; shares drop
Nio managed to grow deliveries of its electric vehicles in August versus July. However, rivals Li Auto and Xpeng saw a sharp fall in deliveries. EV players continue to face supply chain disruptions fo...
India’s Gautam Adani Becomes World’s Third-Richest person
Elon Musk-Jeff Bezos; Jeff Bezos-Elon Musk: this is the duo that has dominated the ranking of the biggest fortunes in the world for two years now. The Tesla (TSLA) co-founder and Amazon (AMZN) fo...
Bosch $200 million investment fuel cells South Carolina
The Robert Bosch GmbH logo sits on the exterior of Messe Stuttgart exhibition center as automobiles pass in Stuttgart, Germany, on Monday, July 18, 2016. Michael Nagle | Bloomberg | Getty Images Germa...
Toyota says it will invest extra $2.5 billion in North Carolina plant
A Toyota dealership in Yokohama, Japan, photographed on Feb. 7, 2021. The firm is trying to make headway in the increasingly competitive electric vehicle market. Toru Hanai | Bloomberg | Getty Images ...
Luxury EV Startup Lucid Looking To Raise Up To $8 Billion To Build Out Operations
Lucid’s top-end Air Sapphire can go over 200 mph and costs $249,000. Lucid Group Lucid Group, a maker of high-end electric sedans, filed a shelf registration to raise as much as $8 billion in multiple...
Lucid and Nikola file to raise additional cash
Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric vehicle makers Lucid Group and N...
Honda Is The Latest Car Maker To Plan A Big U.S. Battery Plant—Just In Time For New EV Tax Credit
Honda and LG are planning a $4.4 billion battery plant to supply lithium-ion packs for models including the 2024 Acura ZDX crossover. Honda Motor Co. Honda Motor Co., which doesn’t sell any autos in t...
Fisker Ocean Looks to Make Splash in the EV World
People were lining up in Brooklyn on Sunday morning, and it wasn’t for bagels. The queue on River Street in the Williamsburg section of the New York City borough had come to get a look at the Fi...
California’s Banning Gas Cars, Half A Billion For Better Energy & Amazon’s Green Hydrogen Bet
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. getty On Thursday, the Department of Ener...
California Approves Ban On Gas-Powered Cars By 2035
Topline The California Air Resources Board approved a highly anticipated measure Thursday that will ban the sale of new gasoline-only cars in the nation’s most populous state by 2035, marking whatR...
Amazon To Buy Plug Power’s ‘Green’ Hydrogen In Deal With $2.1 Billion Stock Option
An electric warehouse forklift uses Plug Power’s fuel cell system. Plug Power Plug Power, which supplies fuel cells for electric forklifts used by Amazon and other companies, said the retail gia...
Plunging Gas Prices Expose Fickle EV Flirtation
Declining gasoline prices are affecting interest in electric vehicles. getty When what went up, goes down, it doesn’t go alone. That’s what’s happened in the fickle flirtation betwee...
Toyota Exec Says Lack Of Consumer Demand Makes U.S. Goal Of 50% Electric Vehicles By 2030 A Long Shot
The Toyota bZ4X represents the first of a global series of Battery Electric Vehicles to be … [+] introduced under the global “Toyota bZ” brand umbrella. Photo: Toyota It’s unlikely mass adoption...
A Risky $3.3 Billion Bet on the Fall of Tesla and Elon Musk
Elon Musk does not like investors and financiers to bet on Tesla’s stock-market collapse. Last May, the richest man in the world attacked Bill Gates, who formerly was the richest man in the wo...
Australian bank to scrap loans for new diesel and gasoline cars
Cars and buses in Sydney, Australia, on Monday, May 25, 2020. Authorities in the country are looking to set up a National Electric Vehicle Strategy. Brendon Thorne | Bloomberg | Getty Images An Austra...
Audi E-Tron GT, An EV Where The Letters Really Mean Grand Touring
2022 Audi e-Tron GT Sam Abuelsamid In the realm of automobiles, the letters GTGT traditionally mean “grand touring” or “grand tourer.” A GT is a car designed for long-distance, high-speed driving in s...
Ford Dealt a Huge Blow
The announcement no doubt resonated strongly on all floors at Ford’s (F) headquarters in Dearborn, Mich. This unexpected news has certainly taken CEO Jim Farley and his team by surprise as the...
Biden Signs Climate Bill, How Long-Range EVs Work And Defeating Forever Chemicals
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. The Washington Post via Getty Images Afte...
Tesla Rival Fights to Survive
An electric vehicle startup whose design has drawn comparisons with the Batmobile is on the ropes, and it’s not the first time. Faraday Future Intelligent (FFIE) has already had several lives ...
Fisker Considers U.S. Ocean Production Amid Shakeup In EV Tax Credit
Fisker Inc.’s electric Ocean SUVs won’t qualify for a revised federal tax credit for EVs that requires them to be built at domestic plants. Fisker Inc. Fisker Inc., a Los Angeles-based ele...
New SEMA Garage Propels Aftermarket Industry To Future Technologies
New SEMA Garage in Plymouth, Mich. opened its doors Aug. 18, 2022 about 30 miles west of Detroit. Ed Garsten The growth of advanced driver assistance systems (ADAADA S) and popularity of electric vehi...
Dodge unveils electric muscle car concept Charger Daytona SRT
Dodge Charger Daytona SRT concept car Dodge DETROIT — Dodge on Wednesday unveiled a new concept car called the Charger Daytona SRT as a preview of its first all-electric muscle car, expected in 2024. ...
Polestar 6 roadster confirmed for 2026 production
Polestar O2 electric roadster concept Source: Polestar Swedish electric vehicle maker Polestar said Tuesday that a popular electric roadster that it showed off earlier this year will officially go int...
SoftBank-backed Ola Electric wants to launch India-built EV in 2024
Ola CEO Bhavish Aggarwal appears on screen during a presentation in August 15, 2021. The company’s EV-arm, Ola Electric, plans to launch an electric car in 2024. Samyukta Lakshmi | Bloomberg | G...
Dodge Challenger, Charger to be discontinued in 2023
2022 Dodge Charger SRT Hellcat (left) and 2022 Dodge Challenger SRT Super Stock Dodge DETROIT — Dodge will discontinue its gas-powered Challenger and Charger muscle cars at the end of next year, marki...
Charge Enterprises Sees Red In Q2 But It’s Rosy To CEO
Smart Charge America electric vehicle charging station Charge Enterprises Inc. A story on a company’s quarterly financial results generally begins with a number. This one’s different. It s...
George Soros Deals a Big Blow to Tesla Rival Rivian
It’s been a somewhat hectic August for Rivian (RIVN) . The startup, which is presented as one of Tesla’s (TSLA) most serious rivals in the race for electric vehicles, is currently accu...