BMW Group plans to invest $1.7 billion in its U.S. operations to build electric vehicles and batteries, the company announced Wednesday. The investment will include $1 billion to prepare for productio...
Tag: Electric
Future Shock Is Here For The Electric Utility Industry
WESTMINSTER, CO – FEBRUARY 4 : Duane Highley, CEO of Tri-State Generation and Transmission, poses … [+] for a portrait in front of the headquarter building in Westminster, Colorado on Thur...
Rolls-Royce’s New Electric Spectre Already Has More Than 300 Buyers — See The Photos
Topline More than 300 American customers placed orders for Rolls-Royce’s new Spectre, the luxury brand’s first electric vehicle, before the car was displayed to the public on Tuesday, according to CEO...
Azimut shares rise after investment in electric
Following the news that Azimut Libera Impresa SGR, through its Infrastructure and Growth Fund-ESG (IPC) and the assistance of law firms Orrick, Bird&Bird, and Finage Group, has decided to invest 5...
Rolls-Royce has over 300 orders for its $413,000 Spectre electric vehicle
Rolls Royce Spectre Courtesy: Rolls-Royce More than 300 U.S. buyers have already put down deposits for Rolls-Royce’s first electric vehicle prior to its unveiling on Tuesday, the luxury automake...
Stellantis debuts electric Jeep, pledges new energy target
The Stellantis CEO Carlos Tavares photographed next to a Jeep Avenger at the Paris Motor Show on October 17, 2022. Nathan Laine | Bloomberg | Getty Images The CEO of Stellantis told CNBC Monday that t...
Charging An Electric Vehicle In 10 Minutes, Making Construction Greener And Becoming Nature-Positive
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 Images The World Wildlife Fund rele...
Murugappa Family Scions Change Lanes To Electric Vehicles
This story appears in the October 2022 issue of Forbes Asia. Subscribe to Forbes Asia Arun Murugappan, chairman, Tube investments of India. Courtesy of Murugappan Group This story is part of Forbes’ c...
Delta Funds Electric Air Taxi Maker Joby To Quicken Travel To Airports
Joby Aviation CEO JoeBen Bevirt (left) and Delta Air Lines CEO Ed Bastian pose with models of their aircraft. Rank Studios To travelers who are sick of getting stuck in traffic driving to the airport,...
Polestar unveils $84,000 electric SUV, Polestar 3, to cement U.S. foothold
Polestar 3 Courtesy: Polestar Swedish EV maker Polestar on Wednesday unveiled a new electric SUV that it’s counting on to expand its sales and presence in the United States. The new model, calle...
Electric Vehicles Are Creating A Fast Lane For Battery Energy Storage Systems
The market for utility-scale battery energy storage systems is projected to double this year and next. Mitsubishi Power The zero-emissions electrical grid of the future will require a lot more renewab...
Uranium Miner Cameco to Buy Stake in Westinghouse Electric
(Bloomberg) — Uranium miner Cameco Corp. is buying a stake in nuclear-power giant Westinghouse Electric Co., teaming up with Brookfield Renewable Partners in a deal valuing the business about $8...
Delta invests in electric air taxi startup Joby, plans last-mile airport service
A Joby Aviation Electric Vertical Take-Off and Landing (eVTOL) aircraft outside the New York Stock Exchange (NYSE) during the company’s initial public offering in New York, U.S., on Aug. 11, 202...
Delta Buys Into Electric Air Taxi Maker Joby With Aim To Speed Travel To Airports
Joby Aviation CEO JoeBen Bevirt (left) and Delta Air Lines CEO Ed Bastian pose with models of their aircraft. Rank Studios To travelers frustrated by getting stuck in traffic driving to the airport, D...
Electric Vehicles Are Here And Electric Jets Are Coming. Should We Fear Electrification Of The Economy?
A prototype of an electric-powered aircraft set to be flown in the Air Race E-series, sits display … [+] during the first day of the 16th Dubai Air Show at Dubai World Central (DWC) in Dubai, Un...
China Is Dominating The Global Electric Vehicle Battery Market
The global electric vehicle (EV) battery market is expected to grow from $17 billion to more than $95 billion between 2019 and 2028. With increasing demand to decarbonize the transportation sector, co...
Europe’s Car Makers Cut Sales Forecast; Seek Government Help, Electric Charging Subsidy
Oliver Zipse, CEO of BMW is also president of ACEA. He is standing in front of a BMW i4 electric car … [+] (Photo by TOBIAS SCHWARZ/AFP via Getty Images) AFP via Getty Images European carmakers ...
Polestar confirms it will deliver 50,000 electric vehicles in 2022
Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the compa...
Grid And Charging Speed Bumps Ahead As Amazon, FedEx And Transit Fleets Go Electric
Amazon is adding 100,00 electric Rivian delivery trucks to its fleet. Rivian AmazonAMZN , FedExFDX and other big fleet operators are moving fast to replace their vast fleets of exhaust-spewing deliver...
Compass, General Electric, Shell, Pinterest and more
The sign of a Shell petrol station is seen in front of a burning pilot flame atop a flare stack at the refinery of the Shell Energy and Chemicals Park Rheinland in Godorf near Cologne, Germany, August...
Ford ups starting price of electric F-150 Lightning to $51,974
Ford F-150 Lightning pickup trucks are shown at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT – Ford Motor is increasing the sta...
Boeing’s Wisk Is Going Full Robot With Its Electric Air Taxi While Competitors Stick With Human Pilots
There are a number of notable changes in the new, enlarged version of Wisk’s air taxi that it aims to bring to market, seen here in a mockup, including the addition of tilting rotors, but one of...
Small Chipmaker With Big Vision On Track To Dominate Fast-Growing Electric Vehicle Industry
Stellantis CEO Carlos Tavares speaks during a press conference on September 20, 2022 in Turin, … [+] Italy. (Photo by Stefano Guidi/Getty Images) Getty Images The electric vehicle revolution is ...
Electric Genesis GV60’s Battery Prowess Won’t Worry Europeans
Genesis’ all-electric GV60 (Photo by JUNG YEON-JE/AFP via Getty Images) AFP via Getty Images Genesis wants the GV60 electric car to lead its charge into the European premium market and although ...
Leadership Lessons From Ford’s CMO And Bet On The Electric F-150
Ford Motor Company unveils their new electric F-150 Lightning outside of their headquarters in … [+] Dearborn, Michigan on May 19, 2021. (Photo by JEFF KOWALSKY/AFP via Getty Images) AFP via Get...
Electric and autonomous vehicle ETF falls 15% in September
GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images A key ETF for electric and autonomous vehicle stocks suffere...
The Cheapest And Costliest Electric Cars To Insure
The Audi RS e-tron GT commands the highest national average insurance rates among electric cars for … [+] 2022. Audi/jameshalfacre.com Both consumer interest in, and sales of electric vehicles h...