Honda announced on Monday plans to build an electric vehicle (EV) battery plant in the US with LG Energy Solutions. The two companies will spend up to $4.4 billion on the new plant, which is […]
A Toyota Motor North America executive did not mince words when asked about the goal to have 50 per cent EV sales in the US by 2030. The comments were made by Jack Hollis, Executive […]
California is the leading state in the US regarding transportation electrification. However, the Golden State is taking it further by banning new gas-powered vehicle sales by 2035. California’s grid has been supported by Tesla’s Virtual […]
Autonomy, the startup that allows drivers to pay a subscription to drive an electric car, has ordered 23,000 units, according to a report by Business Wire. This represents 1.2 percent of the US’s total projected domestic […]
Lucid Motors cut production expectations for the second time in a year as the company deals with supply chain and logistics challenges. As per Lucid, the company now has 37,000 reservations for its Air electric […]
General Motors has sold its first-ever green bonds to fund the continued electrification of its line-up. According to sources familiar with the matter, the automaker priced $2.25 billion of green bonds in two parts. The […]
The United States Department of Energy announced that it intends to loan $2.5 billion to Ultium Cells. Ultium Cells is a joint-venture company between LG Energy Solutions and General Motors. The loan is to help […]
BYD is an ambitious EV maker based in China, and has this week unveiled its plans to penetrate the Japanese market. Japanese buyers will soon be able to buy the Atto 3, Dolphin, and Seal. […]
Earlier this year a study by ISeeCars.com found that the Tesla Model X was the fastest-selling used vehicle, selling on average within 28 days of being listed. Today ISeeCars published an update to their study, […]
Toyota announced that as of Friday, the company has used up their allotment of US tax credits for hybrid and EVs. The $7,500 federal tax credit can be used for full or partially electric cars […]
