The U.S. Department of Energy is taking substantial steps to bolster the domestic electric vehicle (EV) battery industry by announcing an additional $3.5 billion in funding. This initiative is aimed Full Article »
Polestar is aiming to revolutionize electric vehicle (EV) charging with a pioneering battery technology developed by Israeli-based start-up StoreDot. The breakthrough promises to address a critical concern surrounding EVs—lengthy charging Full Article »
A recent study conducted by iSeeCars in the United States has revealed that electric vehicles (EVs) experience higher depreciation than internal combustion engine (ICE) cars and hybrids after five years Full Article »
Exxon Mobil is making a foray into the electric vehicle (EV) market, unveiling its lithium strategy aimed at initiating lithium production in Arkansas by 2026. This exclusive information comes from Full Article »
Volkswagen is making good on the promise to introduce an affordable electric vehicle (EV) priced under $35,000 to the U.S. market within the next 3-4 years. The announcement was made Full Article »
General Motors (GM) and Stellantis, two major automotive manufacturers, are part of a group of investors who have collectively injected $33 million into a Minnesota-based company called Niron Magnetics. Niron Full Article »
Ford is facing challenges in the electric vehicle (EV) market, as recent reports indicate that they are losing approximately $36,000 on each EV they sell. Following a challenging third quarter, Full Article »
The transition to electric vehicles (EVs) in the United States has hit a series of roadblocks, causing industry leaders to reconsider the speed at which this transformation is occurring. EV Full Article »
Toyota is increasing its investment in the Toyota Battery Manufacturing North Carolina plant, with an additional $8 billion being poured into the project. This marks the second expansion of the Full Article »
In a recent statement, economist Steve Moore, affiliated with the Trump administration, expressed skepticism about the future of electric vehicles (EVs) in the automotive market. Moore drew parallels to a Full Article »
In the efforts to expend the electric vehicle (EV) charging industry, BP’s EV charger unit has made a considerable $100 million order for Tesla’s ultra-fast charging units. This marks the Full Article »
The electric vehicle (EV) industry, which had been accelerating at a rapid pace, is now encountering uncertainties that have sent ripples across major players, including Tesla, General Motors (GM), and Full Article »
The International Energy Agency (IEA) has raised a significant alarm concerning the global transition to renewable energy sources. Their recent report highlights the critical issue of underinvestment in electrical grids Full Article »
Toyota has become a bit more serious in the development of solid-state battery technology. These advanced batteries have the potential to redefine the electric vehicle (EV) industry by offering superior Full Article »
The Kelley Blue Book’s latest report reveals a significant development in the world of electric vehicles (EVs) in the United States. Over the past year, the average price of new Full Article »
