Nikola announced on Thursday plans to raise $100 million in capital through a public stock offering, and a potential private sale of stock to an undisclosed investor. The electric heavy-duty truck manufacturer will offer up […]
LG Energy Solution has confirmed that it will restart its $5.6bn battery project in Arizona to be eligible for federal incentives under the Inflation Reduction Act. The South Korean company initially announced a $1.3bn investment […]
Ford is taking an aggressive approach to electric vehicles (EVs), hoping to build 600,000 in 2023 after selling just 61,575 last year. Their high ambitions don’t stop at ramping up EV production, but also include […]
Ford launched its first fully electric vehicle (EV), the Mustang Mach-E to much fanfare late in 2020. Since then the Detroit-based automaker has expanded their EV lineup to include the F-150 Lightning and E-Transit commercial […]
The Saskatchewan Rivers School District is officially going electric, becoming the first in the province to receive an electric school bus. The new electric bus will provide transportation for Red Wing School students north of […]
Volkswagen has taken the wraps off the ID. 2all, a small electric hatchback that they plan to offer for less than €25,000 ($36,400 CAD). The ID. 2all is still in concept form but based on […]
Volkswagen has announced it plans to increase its investment into electric vehicles (EVs) by spending an additional $193 billion over the next five years. The investment will be in areas such as battery cell production, […]
Electric-vehicle (EV) startup Arrival announced it has secured a $300 million equity financing line from Westwood Capital, according to a company statement released on Monday. The funding will enable the British firm to keep the […]
The Quebec government has announced an investment of almost $60 million to install 367 DC fast charging stations for electric vehicles (EVs), brining the number of stations in the province to over 1,200. Environment Minister […]
Tesla was on the verge of receiving millions of dollars from California to build 4 large Supercharger projects totaling 420 stalls, including the world’s largest at 164 stalls. Those plans are now up in the […]
