AUTO

Seeking Better EV Efficiency Means More Money Saved, Even Fewer Emissions

Report suggests improving EV efficiency can cut energy use, costs, and emissions significantly by 2050, but challenges remain.

06/13/2024

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BATTERIES

U.S. Relaxes Rules for Federal EV Tax Credit — Who Benefits?

The U.S. government loosened rules governing the federal EV tax credit of up to $7,500, increasing the number of EVs eligible for the credits.

05/07/2024

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AUTO

Honda’s $15 Billion Investment to Establish Comprehensive EV Value Chain in Canada

Honda’s CAD$15 billion investment in Canada will build an EV value chain, creating at least 1,000 new jobs and boosting EV production to 240,000 units/year.

04/25/2024

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AUTO

Honda Electric Cars To Be Produced at Ohio-Based EV Hub in 2025

Honda electric cars, batteries, and EV components will be produced in three of Honda’s most important Ohio plants, forming a new EV Hub.

04/22/2024

2 Comments

BUSINESS

Xos Acquires ElectraMeccanica, Maker of Electric Three-Wheeled SOLO

In March 2024, Xos, Inc. announced it had closed its acquisition of ElectraMeccanica Vehicles, maker of the three-wheeled, all-electric SOLO.

04/15/2024

2 Comments

AUTO

Tesla Production Numbers Hit 6 Million Electric Vehicles

Tesla production numbers hit 6 million EVs in March, while Tesla’s stock took a significant dive in the first quarter of 2024, marking a 29% plunge.

04/04/2024

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AUTO

Hyundai EV Cars to Lead Global Auto Industry with New $51B Investment

The Hyundai Kia Automotive Group said it will invest $51 billion over three years to ramp up production of its Hyundai EV cars.

04/02/2024

One Comment

BUSINESS

Canoo’s Oklahoma City Facility Accelerates EV Manufacturing Strategy with Foreign Trade Zone Designation

Canoo’s Oklahoma plant, now a Foreign Trade Zone, promises EV innovation, 1,100 job growth, and economic benefits.

03/28/2024

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AUTO

Fisker Automotive Misses Interest Payment, Pauses Production Amid Bankruptcy Speculation

In March 2024, Fisker plans to halt production of its EVs for six weeks after missing an interest payment, causing speculation of imminent bankruptcy.