Latest News

Latest News

Wednesday, November 6, 2024

British Columbia-based Moment’s award is part of nearly $430 million in DOE funding announced last month for clean energy projects in communities historically reliant on the coal industry. 

Two other energy storage projects were included in the award round: $9.8 million to Sparkz for a first-of-its-kind battery-grade iron phosphate plant in West Virginia and $24.9 million to Anthro Energy to retrofit a Kentucky factory to produce advanced lithium-ion battery electrolytes.

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Wednesday, November 6, 2024

Former President Donald Trump will become the next president of the United States. Following the Biden administration, which put billions of dollars into Amtrak, high-speed rail, public transportation and the transition to electric vehicles and buses, what might change under the incoming administration?

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Tuesday, November 5, 2024

The electric SUV was the fifth best-selling EV in the US, with sales topping 12,600 in the third quarter.

According to Cox Automotive, the Prologue trailed only Tesla’s Model Y, Model 3, Cybertruck, and the Ford Mustang Mach-E.

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Monday, November 4, 2024

TOKYO, Nov 4 (Reuters) - Japan's Mitsubishi Corp (8058.T), opens new tab and Nissan (7201.T), opens new tab have decided to establish a joint venture to provide services related to autonomous driving and using electric vehicle batteries as storage batteries, the Yomiuri newspaper reported on Monday.

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Friday, November 1, 2024

Gov. Andy Beshear has dubbed the commonwealth “the electric vehicle battery capital of the United States,” particularly in the wake of the Ford Motor Company-backed $5.8 billion twin battery plant project underway near Elizabethtown. Now he says the prospects of further investment could depend on who wins between former President Trump and Vice President Kamala Harris.

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Friday, November 1, 2024

After getting a hefty $5.6 billion in fresh capital last week, Alphabet’s autonomous driving unit Waymo is now reported to be valued at more than $45 billion.

Automotive News reported that the latest round of financing led by Google-owned Alphabet included outside investors. Alongside an expanded partnership with Uber, the influx of cash will help the company expand its Waymo-One robotaxi service in San Francisco, Los Angeles, Phoenix, and beyond, delivering more than 150,000 paid trips each week.

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Thursday, October 31, 2024

Thanks to incentives that President Joe Biden's administration has championed in the Inflation Reduction Act and other legislation, Michigan alone could see 50,000 or more new jobs by 2030 brought on by the boom in electric vehicles. And yet, in a new ad, Slotkin all but disavows EVs, telling voters, “I live on a dirt road, nowhere near a charging station, so I don’t own an electric car.”

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Thursday, October 31, 2024

WASHINGTON D.C. –  As part of the Biden-Harris Administration’s historic Investing in America agenda, the U.S. Department of Energy (DOE) today announced $44.8 million in funding from the Bipartisan Infrastructure Law (BIL) for eight projects that will lower costs of recycling electric drive vehicle batteries and electric drive vehicle battery components, with the long-term aim of lowering vehicle costs. 

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Thursday, October 31, 2024

Within the past month, the Biden administration has approved the Rhyolite Ridge lithium-boron mine in Nevada and loaned $2.6 billion to the company developing Thacker Pass, another lithium mine in the state. A project in California's Salton Sea started construction earlier this year. The three sites, expected to come online between 2026 and 2028, would massively increase the US's lithium supply. Since the 1960s, only one site, Silver Peak, in Nevada, has operated in the country.

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Wednesday, October 30, 2024

Blink Charging Co. has been awarded a nearly $2 million grant to own and operate electric vehicle chargers for the state of Illinois. The grant, awarded by the Illinois Environmental Protection Agency (Illinois EPA), sets the stage for Blink Charging and Illinois to collaboratively help provide public charging solutions for employees, residents and visitors.

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