Purolator Plans Largest Investment to Electrify Network
Purolator Inc. will make its largest investment at $1 billion to electrify its Canadian network over the next seven years, the company announced March 9.
March 15, 2023North American EV Production Slowly Catches Up to Demand
Electric vehicle production in North America is finally creeping up on EV demand, as automakers like Volkswagen, Ford, Lucid and Rivian hustle to close the output gap with front-runner Tesla.
Amazon, Rivian May End EV Van Exclusivity
Electric vehicle manufacturer Rivian and Amazon are in active discussions about ending the exclusivity provision of their delivery van deal, according to multiple media reports.
VW Increases Investments in EV, Software Technologies
Volkswagen AG is increasing investments in software and EVs to close the gap to Tesla and halt a decline in China just as the threat of a demand slowdown hangs over the automotive market.
South Carolina to Help Revival of Scout Motors as EVs
COLUMBIA, S.C. — South Carolina’s governor said March 6 he is going to ask lawmakers to approve nearly $1.3 billion to bring to the state a new electric vehicle plant by Scout Motors Inc.
Rivian Tells Staff EV Output May Be 24% More Than Forecast
Rivian Automotive Inc. has told employees that production of 62,000 electric vehicles is possible this year, according to people familiar with the matter, an increase from the production target it told investors on Feb. 28.
FHWA Issues Waiver to Speed Up Electric Charging Infrastructure
To help accelerate construction of electric vehicle charging infrastructure, the Federal Highway Administration has extended until July 2024 a waiver of Buy America requirements for steel, iron, manufactured products and construction materials used to build electric vehicle chargers.
GM’s Strong Truck Sales Are Funding EV Sales Blitz, Barra Says
General Motors Co.’s leader said demand for expensive trucks remains robust, enabling the company to fund a blitz in electric vehicles that begins this year.
Global EV Sales Surging, Top $1 Trillion All-Time
Global spending on electric vehicles is surging. According to a new report published by BloombergNEF, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before.
Finnish EV Fast-Charger Maker Setting Up Shop in North Carolina
A Finnish maker of fast chargers for electric vehicles is dipping its toe into the U.S. market with a $41 million venture in North Carolina.