EVs: Page 4


  • A Porsche vehicle driving down a road
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    Courtesy of Porsche
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    Porsche plans majority takeover of Varta battery unit

    The automaker expects to participate in the reorganization of the manufacturer, whose lithium-ion cells are used in the hybrid Porsche 911 Carrera GTS.

    By Sept. 4, 2024
  • A Volvo SUV driving down a road
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    Courtesy of Volvo
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    Volvo scales back its EV goals

    In 2021, the automaker pledged to be fully electric by 2030. Now, the company is abandoning that goal, focusing instead on “electrified” models.

    By Sept. 4, 2024
  • A Ford truck charging
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    Courtesy of Ford Motor Co.
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    Ford, TXU Energy aim to make at-home EV charging more affordable

    The utility is offering the automaker's electric vehicle customers 125 hours of free home charging time a week.

    By Kalena Thomhave • Sept. 3, 2024
  • Polestar CEO Michael Lohscheller posing with a white Polestar electric vehicle.
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    Courtesy of Polestar
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    Polestar CEO resigns

    The company announced that Michael Lohscheller, who has previously served as CEO of Opel, VinFast and Nikola, will take over as CEO on Oct 1.

    By Aug. 30, 2024
  • The hardware components of the Waymo Driver mounted on the roof of a Jaguar I-Pace SUV ride-hailing vehicle operated by Waymo.
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    Courtesy of Waymo
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    A look inside the sixth-generation Waymo Driver

    The newest version includes 13 cameras, four lidars, six radar units and external audio receivers for its robotaxis.

    By Aug. 29, 2024
  • A man and a woman sign paperwork at a table
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    Courtesy of Samsung SDI
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    GM, Samsung SDI finalize $3.5B battery joint venture

    The two companies aim to start production at the Indiana plant in 2027, a year later than previously expected.

    By Aug. 29, 2024
  • A parking space painted with "EV charging only" with a charger behind it
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    Mario Tama/Getty Images via Getty Images
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    DOT awards $521M in EV charging grants amid slowing sales growth

    The number of public electric vehicle chargers in the U.S. has doubled during President Biden’s term, with about 1,000 being added each week, according to the Department of Transportation.

    By Robert Walton • Aug. 27, 2024
  • A white and orange painted Chevy Bolt EV operated by Cruise parked in front of a cafe in the Hayes Valley neighborhood of San Francisco.
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    Courtesy of Cruise LLC
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    GM recalls entire Cruise fleet for unexpected braking

    The NHTSA concluded that a software fault contributed to 10 crashes, four of which involved a vulnerable road user and resulted in injury.

    By Aug. 26, 2024
  • The Tesla Model Y traveling on a highway.
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    Courtesy of Tesla Inc.
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    Longtime Tesla finance VP bids farewell

    Eleven-year veteran Sreela Venkataratnam resigned, writing in a LinkedIn post that the company is “not for the faint of heart.”

    By Aug. 26, 2024
  • Worker inside Toyota's $1.3 billion EV plant in Georgetown, Kentucky.
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    Courtesy of Toyota
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    DOE doles out another $50M to support EV manufacturing

    The Biden-Harris administration said the funding will go to six states with “significant automotive workforces” to help suppliers adapt their facilities.

    By Aug. 22, 2024
  • A row of Ford F-150 Lighting pickups parked inside the automaker's Rouge Electric Vehicle Center in Michigan.
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    Courtesy of Ford Motor Co.
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    Ford scraps electric SUV plans, delays next-generation truck

    The automaker is taking a $400 million hit as it shifts its electrification strategy yet again.

    By Aug. 21, 2024
  • A man wearing glasses in a suit
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    Courtesy of Stellantis
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    Stellantis taps Rivian exec to lead North American manufacturing

    Tim Fallon will step into the role on Sept. 2, after leading the EV startup’s manufacturing for more than two years.

    By Aug. 21, 2024
  • Goodyear tires are displayed at a Goodyear Tire center September 23, 2005 in Wheeling, Illinois.
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    Tim Boyle via Getty Images
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    Goodyear to expand Ontario tire factory for CAD $575M

    The project, set to be complete by mid-2027, aims to meet growing demand in EV and all-terrain markets.

    By Joelle Anselmo • Aug. 20, 2024
  • An Uber sticker on a vehicle windshield
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    Spencer Platt via Getty Images
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    Uber and BYD partner to introduce more EVs to global markets

    The project aims to add 100,000 EVs to the ride-hailing platform.

    By Kalena Thomhave • Aug. 19, 2024
  • A Rivian R1S vehicle driving in an urban setting
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    Courtesy of Rivian
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    Rivian chief communications officer departs

    Sarah O'Brien, the third senior executive to depart the EV maker this summer, had been with the company for just over a year.

    By Aug. 19, 2024
  • A close up picture of ChargePoint's Omni Port electric vehicle charging adaptor.
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    Courtesy of ChargePoint, Inc.
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    ChargePoint unveils its ‘Omni Port’ EV charging solution

    The charging adapter works with Tesla and non-Tesla vehicles at the company's public stations.

    By Aug. 15, 2024
  • The 2024 Cadillac LYRIQ lineup showing the Tech, Luxury and Sport trim models with a setting sun in the background.
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    Courtesy of General Motors
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    GM recalls over 21K Cadillac Lyriq EVs

    The model’s anti-lock braking system may activate unexpectedly, the National Highway Traffic Safety Administration says.

    By Aug. 15, 2024
  • An electric vehicle on an assembly line
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    Courtesy of Polestar
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    Polestar starts US production, skirting tariffs

    The South Carolina plant will manufacture the Polestar 3 electric SUV for North America and Europe.

    By Aug. 14, 2024
  • Rendering of LG's $5.5 billion battery plant in Queen Creek, Arizona
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    Courtesy of LG Energy Solution
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    Market headwinds force owners to hit the brakes on EV projects

    Financing woes, soaring material prices and waning demand are causing auto and battery makers to delay jobs, even those that have already started.

    By Sebastian Obando • Aug. 13, 2024
  • The 2025 Honda Civic Hybrid painted red.
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    Courtesy of American Honda
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    Honda posts record-high quarterly profit on strong hybrid sales

    Earlier this year, the automaker detailed its efforts to gain a competitive advantage by increasing R&D spending on hybrid vehicles.

    By Aug. 8, 2024
  • A Rivian R1T nears undergoes final assembly at the automaker's plant in Normal, Illinois.
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    Courtesy of Rivian Automotive
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    Rivian already sees tailwinds from VW partnership

    CEO RJ Scaringe said the EV maker expects to achieve more favorable pricing from its suppliers as a result of the deal.

    By Aug. 7, 2024
  • The exterior of a Lucid Air.
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    Courtesy of Lucid Group
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    Lucid secures $1.5B from largest shareholder

    The funding will extend the EV maker’s runway to the end of 2025, according to its principal accounting officer.

    By Aug. 6, 2024
  • A vehicle on a lift in a repair shop showing a right front air suspension component highlighted in orange for visibility.
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    Courtesy of Continental AG
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    Continental mulls spinoff of its automotive business

    The company cited the industry’s software-driven technology transformation as one of the reasons for the potential move.

    By Aug. 6, 2024
  • Nissan preisdent Makoto Uchida and Honda president Toshihiro Mibe shake hands at a press event announced the collaboration.
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    Courtesy of Honda Motor Co.
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    Nissan, Honda join forces to research vehicle technologies

    The two companies believe that software, autonomous driving, connectivity and AI will determine the value of vehicles in the future.

    By Aug. 5, 2024
  • EV
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    Lukas Schulze via Getty Images
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    Auto industry’s innovation push brings ‘startup’ capital structure

    As automakers juggle EV resource allocation, regulation and macroeconomics, they are operating more like startups, according to the most recent Hackett Working Capital Survey.

    By Adam Zaki • Aug. 5, 2024