iPhone maker Foxconn has signed a memorandum of understanding (MoU) with Thailand’s state-run energy group PTT Pcl to make electric vehicles (EVs) and EV components in the country. The partnership will see the pair collaborate […]
In February this year it was reported Rivian was seeking to go public with an IPO valuation of more than $50 billion. Now just three months later than number has grown by 40%. Bloomberg is […]
Nissan will invest $1.8 billion in building new EV plants in the UK and Japan. The Japanese automaker will partner with a Chinese-owned battery maker to produce batteries for 700,000 vehicles. The plants will go […]
in an effort to help reduce greenhouse gas (GHG) emissions, Uber and Lyft drivers in California will soon be required to begin driving electric vehicles (EVs). Starting in 2023 both ride-hailing companies must begin phasing […]
The Tesla Model 3 is the only battery electric vehicle (BEV) approved to operate by the NYC Taxi & Limousine Commission (TLC). That could soon change as the commission is proposing a one year pilot project […]
Solid Power announced this morning it has secured $130 million in a recently completed a Series B investment round. The funding round was led by two major auto manufacturers, BMW and Ford. Regarded as an […]
As electric vehicles (EVs) gain in popularity, so does demand for the raw materials that go into making batteries for those EVs. Some of these key ingredients can be difficult to source, and can also […]
According to a new International Energy Agency (IEA) report, the world EV fleet will reach 145 million by 2030. The Global Electric Vehicle Outlook 2021 looks at 2020 and 2021 Q1 numbers, near-term trends and […]
Construction of Giga Shanghai began from an infamous mud pit in December 2018. To help get the factory up and running, Tesla received loans totalling $614 million USD ($756 million CAD). According to the automaker’s […]
On Tuesday, the Motor & Equipment Manufacturers Association urged Congress to not support a hasty phase-out of gas-powered vehicles. According to the advocacy group that represents car manufacturers, the move would cost up to 30% […]
