Latest News

Latest News

Electric Vehicles Could Match Gasoline Cars on Price This Year

Electric Vehicles Could Match Gasoline Cars on Price This Year

Friday, February 10, 2023

More quickly than seemed possible a few months ago, sticker prices for electric vehicles are falling closer to the point where they could soon be on a par with gasoline cars.

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Biden administration grants $2 billion loan for electric vehicle battery materials

Biden administration grants $2 billion loan for electric vehicle battery materials

Thursday, February 9, 2023

The Energy Department on Thursday tentatively awarded a $2 billion loan to battery recycling company Redwood Materials, which the company says will allow it to produce enough battery materials to enable the production of more than a million electric vehicles a year.

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GM secures key semiconductor parts for EVs with unique ‘first-of-its-kind’ agreement

GM secures key semiconductor parts for EVs with unique ‘first-of-its-kind’ agreement

Thursday, February 9, 2023

General Motors (GM) announced a new, first-of-its-kind “direct” supply agreement with GlobalFoundries (GFS) for semiconductor wafers.

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American Honda Plans Fuel-Cell Car and Hydrogen Push

American Honda Plans Fuel-Cell Car and Hydrogen Push

Wednesday, February 8, 2023

American Honda is doubling down on its hydrogen strategy, and although a new CR-V-based crossover fuel-cell car with plug-in capability is coming for North America and Japan in 2024, that’s not the whole story. According to Ryan Harty, division head of CASE and energy business development at American Honda Motor in an embargoed press call February 6, the company is moving ahead on several fronts.

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Another $237M granted to Honda battery plant project in Ohio

Another $237M granted to Honda battery plant project in Ohio

Wednesday, February 8, 2023

COLUMBUS, Ohio (AP) — Ohio’s privatized economic development office has finalized an agreement with Honda to infuse another $237 million into development of a massive battery plant project that the Japanese automaker plans to use to transform the state into its North American electric vehicle hub.

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EV batteries getting second life on California power grid

EV batteries getting second life on California power grid

Tuesday, February 7, 2023

Feb 7 (Reuters) - Hundreds of used electric vehicle battery packs are enjoying a second life at a California facility connected to the state's power grid, according to a company pioneering technology it says will dramatically lower the cost of storing carbon-free energy.

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Electrify America taps new CEO as current chief becomes EA chairman and VW Group exec

Electrify America taps new CEO as current chief becomes EA chairman and VW Group exec

Monday, February 6, 2023

EV fast charging network Electrify America has kicked off the week with a personnel shakeup, announcing current president and CEO Giovani Palazzo will shift into a position as chairman of the board to make room for long-time Electrify America leader, Rob Barrosa. With his new role as chairman, Palazzo will also join Volkswagen Group as its senior vice president of charging and energy.

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Treasury Department expands definition of SUVs eligible for electric vehicle tax credit

Treasury Department expands definition of SUVs eligible for electric vehicle tax credit

Friday, February 3, 2023

The Biden administration will expand eligibility for an Inflation Reduction Act-enabled tax cut for electric vehicles, the Treasury Department announced Friday.

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ChargePoint, Stem strike EV charging and battery storage deal for highway corridor fast-charging networks

ChargePoint, Stem strike EV charging and battery storage deal for highway corridor fast-charging networks

Wednesday, February 1, 2023

ChargePoint Holdings, an EV charging network company, and Stem, a utility- and industrial-scale battery storage and software company, announced Tuesday they’ll accelerate EV charging and battery storage for highway corridor fast-charging networks.

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Honda to start producing new hydrogen fuel cell system co-developed with GM

Honda to start producing new hydrogen fuel cell system co-developed with GM

Wednesday, February 1, 2023

TOKYO, Feb 2 (Reuters) - Japan's Honda Motor Co (7267.T) said it will start producing a new hydrogen fuel cell system jointly developed with General Motors Co (GM.N) this year and gradually step up sales this decade, in a bid to expand its hydrogen business.

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