Auto Industry Banks on EV Sales to Rental Fleets
Auto sales to rental fleets used to be seen as a sign of failure. With the dawn of the electric vehicle age, that’s changing.
New York to Ban Sale of Gas Cars by 2035
New York Gov. Kathy Hochul on Sept. 29 announced that the state will follow California in requiring all new vehicles sold by 2035 be zero-emission, setting in motion the regulatory process to implement a law she signed last year.
Toyota’s CEO Says EV Adoption Will Take Longer Than Expected
Toyota Motor Corp. plans to keep gas-powered cars as a key part of its lineup, rejecting efforts by rivals to go fully electric amid concerns over how quickly consumers will embrace new technologies.
Foxconn Starts EV Production in US With First Lordstown Pickups
Taiwan’s Foxconn Technology Group has started building electric vehicles for Lordstown Motors Corp., a milestone as the company better known for making iPhones diversifies its operations.
States Get Final OK to Build Highway EV Charging Network
WASHINGTON — All 50 states received final approval Sept. 27 to begin construction on a first nationwide network of electric vehicle charging stations that places one roughly every 50 miles along interstate highways, part of the Biden administration’s plan to spur widespread adoption of zero-emission cars.
GM Spending $760 Million to Convert Toledo Factory to Make EV Parts
General Motors says it will spend $760 million to renovate its transmission factory in Toledo, Ohio, so it can build drivelines for electric vehicles.
September 23, 2022Cenntro Unveils Two New Electric Vehicles
Cenntro Electric Group Limited alongside its subsidiary Cenntro Automotive Europe GmbH unveiled two all-electric commercial vehicles Sept. 19.
September 22, 2022Fisker, Wallbox Partner on EV Charging Stations
Electric vehicle maker Fisker Inc. on Sept. 20 named electric vehicle and energy management solutions provider Wallbox its global partner for home EV charging solutions.
September 20, 2022Struggling EV Startup Mullen Auto Bids for Bankrupt Electric Last Mile
Troubled EV startup Mullen Automotive Inc. has emerged as the leading bidder for the assets of bankrupt competitor Electric Last Mile Solutions Inc., including a now-idle former Hummer SUV factory in Indiana.
Lithium Resumes Gains to Add Pressure on Automakers
After Elon Musk complained that lithium — the ubiquitous raw material needed in electric vehicle batteries — was trading at insane levels, and China’s authorities in March pushed key industry players to act, prices briefly began to cool. Now, they’re rising again to add pressure on automakers.