Latest News

Latest News

Lucid Motors SPAC: Tesla rival makes stock debut on the Nasdaq today under ticker ‘LCID’

Lucid Motors SPAC: Tesla rival makes stock debut on the Nasdaq today under ticker ‘LCID’

Monday, July 26, 2021

Another day, another public offering. This time around, it’s for the luxury electric vehicle maker Lucid Motors. Lucid Motors was founded in 2007, but unlike Tesla, it’s yet to launch its first electric vehicle. Instead, the company has historically concentrated on energy storage solutions.

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Electric cars to outsell combustion vehicles by 2036: analysis

Electric cars to outsell combustion vehicles by 2036: analysis

Friday, July 23, 2021

A newly conducted analysis predicts that sales of electric vehicles will outpace combustion vehicles by 2036 in the United States.

Consulting firm EY, formerly Ernst & Young, released an analysis stating that Europe will sell more zero-emission vehicles than combustion vehicles by 2028 and that China and the U.S. are expected to reach that threshold in 2033 and 2036, respectively.

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Mercedes sketches out all-electric scenario by decade’s end

Mercedes sketches out all-electric scenario by decade’s end

Thursday, July 22, 2021

FRANKFURT, Germany (AP) — Daimler AG’s luxury car brand Mercedes-Benz says it is stepping up its transition to electric cars, doubling the share of sales planned by 2025 and sketching out a market scenario in which new car sales would “in essence” be fully electric by the end of the decade.

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One of the biggest myths about EVs is busted in new study

One of the biggest myths about EVs is busted in new study

Wednesday, July 21, 2021

A new study lays to rest the tired argument that electric vehicles aren’t much cleaner than internal combustion vehicles. Over the life cycle of an EV — from digging up the materials needed to build it to eventually laying the car to rest — it will release fewer greenhouse gas emissions than a gas-powered car, the research found. That holds true globally, whether an EV plugs into a grid in Europe with a larger share of renewables, or a grid in India that still relies heavily on coal.

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Volkswagen battery electric vehicle deliveries nearly triple in H1

Volkswagen battery electric vehicle deliveries nearly triple in H1

Tuesday, July 20, 2021

FRANKFURT, July 20 (Reuters) - Volkswagen (VOWG_p.DE) on Tuesday said global deliveries of battery electric vehicles (BEV) nearly tripled in the first half of 2021, mostly driven by demand in Europe which last week unveiled an effective end date for new combustion engine cars.

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Honda open to new alliances to bring down EV costs, says CEO

Honda open to new alliances to bring down EV costs, says CEO

Friday, July 16, 2021

TOKYO, July 16 (Reuters) - Honda Motor Co's (7267.T) new chief executive said on Friday the Japanese automaker was willing to form new alliances to make electrification profitable.

"If through an alliance Honda can accomplish early what it should aim to be, then we'd be willing to form an alliance," Toshihiro Mibe, who took the top job in April, told a press briefing, when asked how he envisions global alliances on electrification.

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GM hopes to make EVs connect for fleets with holistic charging approach

GM hopes to make EVs connect for fleets with holistic charging approach

Thursday, July 15, 2021

General Motors revealed Thursday that it’s planning to extend its holistic EV charging approach, called Ultium Charge 360, to fleet customers of its BrightDrop electric commercial delivery vehicle unit. 

GM said that the fleet version of Ultium Charge 360 will offer fleet and facility management tools plus integration with OnStar Vehicle Insights telematics and the BrightDrop management platform. 

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Volkswagen wants half of its vehicle sales to be electric by 2030

Volkswagen wants half of its vehicle sales to be electric by 2030

Tuesday, July 13, 2021

Half of Volkswagen’s sales are expected to be battery-electric vehicles by 2030, the German carmaker said Tuesday.

By 2040, the company said almost 100% of its new vehicles in major markets should be zero-emission vehicles.

Those objectives are part of Volkswagen’s wider aim to be fully carbon neutral by 2050.

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Electric vehicle charging company Electrify America to double number of EV chargers

Electric vehicle charging company Electrify America to double number of EV chargers

Tuesday, July 13, 2021

SILVER SPRING, Md. (AP) — Electrify America, an electric vehicle charging network funded with money paid by Volkswagen as punishment for its emissions cheating scandal, says it plans to more than double its number of charging stations throughout the United States and Canada.

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Stellantis just made an ‘aggressive’ $35.5 billion commitment to electric vehicles

Stellantis just made an ‘aggressive’ $35.5 billion commitment to electric vehicles

Friday, July 9, 2021

CNN —  

Stellantis, the giant automaker formed by the merger of Fiat Chrysler Automobiles and France’s PSA, plans to invest €30 billion, or $35.5 billion, by the end of 2025 to expand its portfolio of electrified vehicles.

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