[ad_1] CNN — As President Joe Biden scored several legislative wins this year, voters across the country headed to the polls in November to decide on local measures. The passage of several of those measures will lead to new state laws this year. And Americans in 2023 will also feel …
Read More »Tax credit confusion could create a rush for electric vehicles in early 2023
[ad_1] CNN — As the new year begins, a number of popular electric vehicles, specifically some Tesla and General Motors models, could be eligible for $7,500 worth of tax credits they weren’t eligible for in 2022. But that eligibility may last only last a few months. That’s because limitations on …
Read More »Auto execs less confident in EV adoption amid economic fears: KPMG
[ad_1] 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 …
Read More »Postal Service to buy 66,000 electric vehicles to transform fleet
[ad_1] 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 | …
Read More »Lucid raises $1.5 billion from Saudi public wealth fund, others
[ad_1] 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 …
Read More »Biden administration announces $2.5 billion loan to help GM and LG make EV batteries
[ad_1] CNN — The US Department of Energy’s Loan Programs Office will announce Monday that it is issuing a $2.5 billion loan to help start three lithium battery manufacturing hubs in Ohio, Tennessee and Michigan. The DOE loan programs office will loan the money to Ultium Cells LLC, a joint …
Read More »Rivian pauses plans to make electric vans in Europe with Mercedes-Benz
[ad_1] A Rivian logo on an Amazon.com delivery electric van photographed in Chicago, Illinois, on July 21, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Rivian said Monday it was pausing plans to manufacture electric commercial vans in Europe and would “no longer pursue” the agreement it made with …
Read More »How electric air taxis could shake up the airline industry
[ad_1] 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 …
Read More »GM, LG investing $275 million to expand Tennessee EV battery plant
[ad_1] 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 …
Read More »EV maker Fisker faces liquidity questions after cash is tied up claim
[ad_1] Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Electric vehicle startup Fisker is facing …
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