electric vehicle

Government, Technology, TCA

Maine to Give $5.1 Million in Subsidies for EV Purchases

Electric Vehicle Chevy Bolt (David Zalubowski/Associated Press)

Maine will provide a $5.1 million subsidy and add at least 50 public vehicle charging stations to encourage residents and companies to buy all-electric vehicles.

Peter McGuire | Portland (Maine) Press Herald
March 21, 2019
Business, Technology, TCA

Chattanooga VW Will Source EV Batteries From New Georgia Factory

vw Krisztian Bocsi/Bloomberg News

Volkswagen’s Chattanooga, Tenn., electric vehicle assembly plant will use batteries produced at a $1.67 billion factory in Georgia.

Mike Pare | Chattanooga (Tenn.) Times Free Press
March 20, 2019
Business, Technology, Autonomous

VW to Cut Jobs, Costs in Transition to Electric, Autonomous Cars

Volkswagen Logo Krisztian Bocsi/Bloomberg News

Volkswagen AG’s main car brand plans to deepen cost cuts and ax more jobs as profits slip in the industry’s shift to electric and self-driving cars.

Christoph Rauwald | Bloomberg News
March 13, 2019
Business, Technology

VW Boosts EV Push to 22 Million Cars as Porsche, Audi Slip

Diess VW CEO Herbert Diess (Krisztian Bocsi/Bloomberg News)

Volkswagen AG aims to produce almost 50% more electric cars than it targeted previously, boosting a bet that has already strained profit margins.

Christoph Rauwald | Bloomberg News
March 12, 2019
Business, Technology

How the Cobalt Market Fell Victim to Allure of Electric Cars

Cut cobalt cathodes Cut cobalt cathodes, owned by Cobalt 27 Capital Corp., in a stack in Rotterdam, Netherlands. (Jasper Juinen/Bloomberg News)

Cobalt prices were surging so much last year that thieves were carrying out elaborate heists at warehouses in Europe’s busiest port. Now, prices are in free fall, and mining companies are taking the financial hit.

Mark Burton | Bloomberg News
March 1, 2019
Business, Technology, Equipment

Tesla’s Model 3 Dominated Global Electric-Car Market in 2018

Tesla Tesla Model 3 Sedans (David Paul Morris/Bloomberg News)

Tesla Inc.’s Model 3 sedan took command of the global electric-car market last year, outselling the nearest competitor by about 50%.

Craig Trudell | Bloomberg News
February 25, 2019
Government, Business, Technology, Fuel

VW Targets Carbon-Neutral Production for First Electric Car

Volkswagen Logo Qilai Shen/Bloomberg News

Volkswagen AG plans to save 1 million tons of carbon-dioxide emissions a year by making production of its first electric model carbon neutral, part of an effort to clean up its image in the aftermath of the diesel-cheating scandal.

February 15, 2019
Business, Technology

Tesla CEO Elon Musk Visits Norway to Address Service Capacity Issues

Elon Musk Tesla CEO Elon Musk (Qilai Shen/Bloomberg News)

Tesla Inc. CEO Elon Musk visited Norway to accelerate a fix to service capacity in a key market for the carmaker after delays and bottlenecks angered customers in Scandinavia’s richest nation.

Mikael Holter | Bloomberg News
February 11, 2019
Business, Technology

GM’s Diesel Pickups Pave Way to Electric Future

GM The General Motors Co. GMC 2020 Next Generation Sierra Denali heavy duty truck. (Sandy Huffaker/Bloomberg News)

The vehicles that will secure the next decade for General Motors Co. aren’t covered in self-driving sensors or loaded with batteries. No, the future depends on hulking pickup trucks that often run on diesel and cost more than the average BMW.

David Welch | Bloomberg News
February 5, 2019
Government, Business, Technology, TCA

California Commits Billions to Advance EV Programs

Tesla A Tesla Model S at a Supercharging station. (Charles Krupa/Associated Press)

A review conducted by the San Diego Union-Tribune showed various state agencies have committed $2.46 billion in public funds — some of it already spent and the rest planned over a number of years — for programs aimed at luring drivers out of cars and trucks powered by internal combustion engines and encouraging them into zero- or low-emission vehicles.

Rob Nikolewski | The San Diego Union-Tribune
February 4, 2019

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