Latest News

Latest News

Monday, August 23, 2021

DETROIT, Aug 23 (Reuters) - Ford Motor Co(F.N) has doubled its production target for the F-150 Lightning because of strong early demand for the full-sized electric pickup truck ahead of its 2022 launch, and the company plans to spend an additional $850 million to meet that target, several people and suppliers familiar with the plans said.

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Monday, August 23, 2021

New U.S. light-duty vehicle sales declined sharply in 2020 but all-electric vehicle (EV) sales continued to rise from the previous year. Although EV sales are a small percentage of overall new light-duty vehicle sales, they rose from 1.4% of all sales in 2019 to 1.7% in 2020. Hybrid vehicle sales also rose, while plug-in hybrid vehicle sales have declined from a peak (0.7% share of the market) in 2018. Conventional new light-duty vehicle sales declined to 12.7 million in 2020, down from 15.3 million in 2019.

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Monday, August 23, 2021

BMW Group will launch four full-electric cars in the next two years as the automaker accelerates its shift to electrified models. 

"We are fully committed to electric cars wherever the use of battery-electric drive trains makes sense, and it is possible because the conditions are right," BMW CEO Oliver Zipse said.

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Tuesday, August 17, 2021

The federal government could save more than $1 billion by replacing nearly all of its light-duty vehicles and buses with electric vehicles (EVs) by the end of the decade, according to a new report from Atlas Public Policy released Wednesday by the Electrification Coalition. 

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Tuesday, August 17, 2021

Bill Williams, a real estate developer on Chicago's West Side, was an early adopter of electric vehicles, at first leasing a Tesla Model S before recently upgrading to a Taycan, the first electric car made by Porsche.

His motivation to drive an electric vehicle, or EV, was largely that the technological novelty intrigued him, he said, although there was another reason: "I'm not saying I'm an environmentalist, but I do think about the Earth, and I do care about the future of the planet. So if it's not too late, I'd like to be someone who's part of the solution."

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Thursday, August 12, 2021

To achieve net-zero emissions and lead the world in electric drive technology, the United States urgently needs a comprehensive and diverse network of electric charging and fueling stations to serve interstate, regional and local transportation needs. The Electric Drive Transportation Association (EDTA) has signed a Memorandum of Understanding with 23 other organizations to create the National EV Charging Initiative, pledging to collaborate with government partners and stakeholders, to speed the build-out of the essential infrastructure for an electric drive fleet. More information about...Read More

Wednesday, August 11, 2021

WASHINGTON, Aug 11 (Reuters) - A group of 29 U.S. House Democrats want congressional leaders to include at least $160 billion in additional funding for electric vehicles as part of a $3.5 trillion spending measure, according to a letter seen by Reuters.

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Wednesday, August 11, 2021

WASHINGTON — The Senate gave overwhelming bipartisan approval on Tuesday to a $1 trillion infrastructure bill to rebuild the nation’s deteriorating roads and bridges and fund new climate resilience and broadband initiatives, delivering a key component of President Biden’s agenda.

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Wednesday, August 11, 2021

After months of wrangling, the Senate just passed a $1 trillion bipartisan infrastructure bill and a budget resolution calling for $3.5 trillion more in spending.

The path ahead will not get any smoother for Democrats trying to shepherd President Joe Biden’s mammoth economic plans through Congress.

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Monday, August 9, 2021

Nations have delayed curbing their fossil-fuel emissions for so long that they can no longer stop global warming from intensifying over the next 30 years, though there is still a short window to prevent the most harrowing future, a major new United Nations scientific report has concluded.

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