Toyota Motor said it sold its 200,000th plug-in electric vehicle during the second quarter, triggering a phaseout of U.S. tax incentives of up to $7,500 for people who buy the cars.
The Japanese automaker joins Tesla and General Motors in initiating a phaseout of the credit for future consumers who purchase an all-electric or plug-in hybrid electric vehicle. The milestone comes at an inopportune time, with Toyota ramping up production of its new all-electric bZ4X.
BERLIN, June 29 (Reuters) - Mercedes-Benz (MBGn.DE) is adjusting its network of plants to manufacture a new range of luxury electric vehicles as it prepares to switch to electric by the end of the decade.
A group of autonomous vehicle developers and business leaders is calling on California Gov. Gavin Newsom to revisit rules prohibiting large trucks with autonomous driving capabilities from public testing in the state, arguing California stands to reap both environmental and economic benefits of the emerging technology.
WASHINGTON, June 28 (Reuters) - The White House said on Tuesday that companies are planning to invest more than $700 million to boost U.S. manufacturing capacity for electric vehicle (EV) chargers - actions set to add at least 2,000 jobs and make charging more accessible and affordable.
As consumers begin to transition from gasoline vehicles to electric vehicles (EVs), the price of electricity is becoming a new area of focus for motorists. Although emphasis is often put on those states with the highest electricity prices, most states (38 states plus the District of Columbia) had average residential electricity prices of less than 15 cents/kWh in 2021. Only six states had an average residential electricity price exceeding 20 cents/kWh. Geographically, prices were highest in the Northeast and the Pacific states of California, Alaska, and Hawaii, with Hawaii having by far...Read More
EVgo Inc. and General Motors (GM) have signed an agreement to make Plug and Charge services available for all GM electric vehicles (EV) with DC fast-charging capability on the EVgo network.
SHANGHAI, June 23 (Reuters) - Chinese battery giant CATL (300750.SZ) will start mass production next year of its latest generation product, with greater efficiency that lets electric cars drive longer distances on each charge, the company said on Thursday.
Kroger, which has 2,800 food stores under various banner names, has already tested and phased in around 350 chargers with Blink, Electrify America, EVgo, Tesla, and Volta. Kroger currently hosts chargers in Arizona, California, Colorado, Georgia, Indiana, Nevada, Oregon, Texas, Utah, and Wyoming.
June 21 (Reuters) - U.S. startup Redwood Materials Inc on Tuesday said Japan's Toyota Motor Corp (7203.T) has become the latest auto industry giant to join its comprehensive electric vehicle (EV) battery recycling and remanufacturing initiative.
