Latest News

Latest News

Thursday, November 17, 2022

Electric vehicles are going mainstream in part because the industry is finally getting the ecosystem to support this transformation in mobility. The Electric Drive Transportation Association, EDTA, the veteran EV trade group, reported yesterday that in Q2 of this year, EVs were a record 7% of new car sales, and that EV sales were up 41% this year. There are currently 70 EV models on the market with dozens more coming out over the next 3 years. Consumer Reports found that consumers are responding favorably to going electric now, too, and gave a comprehensive list of all the...Read More

Thursday, November 17, 2022

Nov 17 (Reuters) - General Motors Co (GM.N) aims to slash the cost of electric vehicle battery cells and has added Vale to its growing roster of battery material suppliers as the automaker girds for increasing EV competition beyond 2025, GM said on Thursday.

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Thursday, November 17, 2022

Wolfspeed and BorgWarner announced a strategic partnership that calls for BorgWarner to invest $500 million in Wolfspeed’s new $1.3-billion financing transaction in exchange for a silicon carbide device capacity corridor.

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Wednesday, November 16, 2022

CNN — 

Toyota unveiled an all-new version of its famous Prius hybrid car Wednesday just ahead of the Los Angeles Auto Show. It’s lower, longer and sleeker looking, with just less than a 10% improvement in the model’s vaunted fuel efficiency. Bigger gains come in terms of power and performance.

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Wednesday, November 16, 2022

The adoption of zero-emission vehicles accelerated in the past year across almost all markets and vehicle segments, according to the 2022 Zero-Emission Vehicles Factbook recently published by research company BloombergNEF (BNEF).

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Wednesday, November 16, 2022

The Biden-Harris Administration, through the U.S. Department of Energy (DOE), today announced nearly $74 million in funding from President Biden’s Bipartisan Infrastructure Law for 10 projects to advance technologies and processes for electric vehicle (EV) battery recycling and reuse. Since President Biden took office, more than 1.2 million EVs have been sold in America—more than triple the number of EVs on the road before he took office—and the rate of EV adoption continues to grow at a rapid pace.

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Tuesday, November 15, 2022

Nov 15 (Reuters) - U.S. and European startups are racing to develop new batteries using two abundant, cheap materials — sodium and sulfur — that could reduce China's battery dominance, ease looming supply bottlenecks and lead to mass-market electric vehicles (EVs).

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Thursday, November 10, 2022

Volvo has begun using fossil-free steel in manufacturing its trucks. The first heavy-duty electric trucks with fossil-free steel are now being delivered to customers.

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Thursday, November 10, 2022

San Diego Gas & Electric (SDG&E) and General Motors (GM) have signed an agreement to investigate the feasibility of integrating bidirectional electric vehicles (EV) into the electric grid as a local energy resource.

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Wednesday, November 9, 2022

Today, the U.S. Department of Energy (DOE) issued a $12 million Funding Opportunity Announcement (FOA) to support the extraction and conversion of lithium from geothermal brines to use in batteries for stationary storage and electric vehicles. This investment will support projects that strengthen and diversify the lithium supply chain—an important step on the path to achieving the Biden Administration’s goals of a net-zero clean energy economy by 2050 and 50% electric vehicle adoption by 2030.

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