Latest News

Latest News

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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Johnson Matthey partners with Plug Power to boost hydrogen tech

Johnson Matthey partners with Plug Power to boost hydrogen tech

Tuesday, January 31, 2023

Jan 31 (Reuters) - Johnson Matthey (JMAT.L) said on Tuesday it was partnering in hydrogen technology with U.S.-based Plug Power (PLUG.O) until at least 2030, as the British company hones its focus on its green hydrogen-related business.

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GM to invest $650 million in lithium mining company in US

GM to invest $650 million in lithium mining company in US

Tuesday, January 31, 2023

General Motors said Tuesday it will jointly invest with Lithium Americas Corp. to develop the Thacker Pass mine in Nevada, the largest known source of lithium in the United States and the third largest in the world.

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Monthly Plug-in Electric Vehicle Sales in the United States Exceeded 7% of All New Light-Duty Vehicle Sales for the First Time in September 2022

Monthly Plug-in Electric Vehicle Sales in the United States Exceeded 7% of All New Light-Duty Vehicle Sales for the First Time in September 2022

Monday, January 30, 2023

Monthly sales of new plug-in electric vehicles (PEV), including all-electric vehicles (EV) and plug-in hybrid electric vehicles (PHEV), reached 7.4% of all light-duty sales in September 2022, exceeding a 7% share for the first time. Of these, 6.2% were EVs and 1.2% were PHEVs. From the introduction of mass-market PEVs in 2010, it took about a decade for monthly sales of PEVs to routinely exceed a 2% share of all light-duty vehicle sales. That share then more than tripled in just two years to over 7%.

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The Chevrolet Bolt Is the Edmunds Top Rated Electric Car for 2023

The Chevrolet Bolt Is the Edmunds Top Rated Electric Car for 2023

Tuesday, January 24, 2023

The Chevrolet Bolt EV is the Edmunds Top Rated Electric Car for 2023. The Bolt? Really? Yes, really. This little bow-tie badged EV makes so much sense that it's impossible to ignore, and too good to simply write off because of its humble status. Thanks to a blend of utility, handy features, a healthy range rating, and a fantastically low price of entry, the Bolt is a hands-down pick for Edmunds Top Rated Electric Car for 2023.

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Honda to create division to speed up electrification development

Honda to create division to speed up electrification development

Tuesday, January 24, 2023

TOKYO, Jan 24 (Reuters) - Honda Motor Co (7267.T) said on Tuesday it would create a new division in a bid to strengthen and speed up its electrification business as part of an overhaul of its organisational structure.

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