EVs: Page 6
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DOE allocates $1.7B for auto factory conversions
Eleven shuttered or at-risk facilities in eight states will be converted to support electric vehicle manufacturing.
By Haley Cawthon • July 12, 2024 -
Rivian chief accounting officer to step down
Jeffrey Baker will resign later this month to pursue another opportunity, the electric vehicle maker disclosed in a securities filing.
By Haley Cawthon • July 11, 2024 -
Honda incentivizes new fuel cell CR-V
The automaker is offering up to $30,000 in hydrogen credits to lease the vehicle, which is the first to use a new fuel cell module co-developed with GM.
By Eric Walz • July 8, 2024 -
Ford to develop EVs at new California facility
The Long Beach campus will open next year and house the automaker’s recently built skunkworks team.
By Eric Walz • June 28, 2024 -
Volkswagen invests $1B in Rivian with plans for a joint venture
The new, equally-controlled business will focus on developing a next-generation electrical/electronic architecture for EVs.
By Haley Cawthon • June 25, 2024 -
NLRB files for injunction against Lucid
The agency claims the EV maker unlawfully discharged two employees during a UAW campaign.
By Haley Cawthon • June 25, 2024 -
Grid, utility limits are biggest barrier to commercial EV charger deployment: Xendee survey
A majority of EV charger developers and operators say they've run into roadblocks when trying to access power from the grid.
By Emma Penrod • June 25, 2024 -
Most EV owners use their car brand’s mobile app: JD Power
Over 90% of such motorists use their car brand's mobile software, and the tech affects buyers' purchasing decisions, a survey found.
By Kalena Thomhave • June 25, 2024 -
LG launches suite of products for software-defined vehicles
AlphaWare can integrate with existing OEM vehicle systems and help automakers create immersive experiences for drivers and passengers.
By Eric Walz • June 24, 2024 -
Hyundai EV campus fuels Georgia ports volume growth
The automaker’s more than $5 billion manufacturing campus is already driving growth in the state, despite production slated to start in Q4.
By Alejandra Carranza • June 21, 2024 -
Ultium Cells workers ratify UAW contract
The General Motors supplier will pay workers $35 an hour by October 2027 under the ratified deal.
By Haley Cawthon • June 21, 2024 -
Ionna EV charging venture picks global HQ, executive team
Seven major automakers, including Honda and BMW, established the joint initiative in 2023 with plans to install 30,000 chargers in North America by 2030.
By Eric Walz • June 21, 2024 -
Ford ends Model e EV program for dealers
The automaker faced pushback over the program’s significant upfront investment costs.
By Eric Walz • June 20, 2024 -
Fisker files for Chapter 11 bankruptcy
The EV startup says it’s in advanced discussions with financial stakeholders regarding the sale of its assets.
By Haley Cawthon • June 18, 2024 -
Trump could roll back Inflation Reduction Act tax credits if reelected
Volkswagen and Samsung SDI leaders expressed concerns at a conference last week about the stability of the IRA should the administration change.
By Kate Magill • June 17, 2024 -
Tesla shareholders back Elon Musk $56B pay package
“Hot damn, I love you guys,” the CEO said on stage during the company’s annual meeting in Austin, Texas.
By Haley Cawthon • June 14, 2024 -
EV adoption falls to its lowest point since 2021: JD Power
Meanwhile, electric vehicles are more available than they’ve ever been.
By Kalena Thomhave • June 13, 2024 -
UAW reaches tentative agreement with Ultium Cells’ Ohio facility
The deal includes increased wages for Lordstown workers, which most will see immediately upon ratification.
By Haley Cawthon • June 10, 2024 -
Chip manufacturers feel the crunch as automakers reassess EV plans
Amkor and GlobalFoundries were among the semiconductor companies that saw a dip in automotive chip orders in Q1.
By Kate Magill • June 10, 2024 -
Musk redirected Tesla’s Nvidia chip shipment to X, xAI
Tesla may face months of delays for a $500 million order of data center GPUs used to train its autonomous driving systems.
By Eric Walz • June 7, 2024 -
More young Americans would consider buying China-made cars: survey
Plus, affordable EVs from brands based in China could likely avoid U.S. tariffs if the cars are built in North America.
By Kalena Thomhave • June 6, 2024 -
Hertz poaches Spirit Airlines CFO
Less than a year after taking the permanent CFO seat, Alexandra Brooks is exiting the rental car company as it struggles to manage its bold EV bet.
By Maura Webber Sadovi • June 5, 2024 -
Stellantis CEO on US tariffs: ‘You cannot stop the competition’
Carlos Tavares believes the Biden administration is focusing on short-term issues instead of challenging China’s automakers in the electric vehicle market.
By Haley Cawthon • June 4, 2024 -
Polestar ‘evaluating’ potential impact of expanded EV tariffs
The brand, which is gearing up to launch a new U.S.-built electric crossover this year, sources key parts from China.
By Eric Walz • June 4, 2024 -
$1.3B earmarked for EV charging network expansion in US
The Biden-Harris Administration aims to accelerate public and private investment in clean transportation with the historic grant funding.
By Haley Cawthon • June 3, 2024