Stellantis — the product of a $52 billion merger between automakers Fiat Chrysler and Groupe PSA — plans to offer an array of all-electric or hybrid vehicles through 2025, including 10 new models in 2021, according to CEO Carlos Tavares.
(Reuters) - BMW said on Friday that it aims to double its sales of fully-electric vehicles this year as the German carmaker and rivals race to release new models to comply with CO2 emissions targets and chase market leader Tesla Inc.
2020 was a turning point in the Volkswagen Group’s electrification effort with sales of all-electric vehicles increasing by 214%, dwarfing plug-in hybrid sales.
WASHINGTON, D.C. – The U.S. Department of Energy (DOE) today announced an additional $47 million in funding for seven projects as part of the Advanced Research Projects Agency-Energy’s (ARPA-E) Seeding Critical Advances for Leading Energy technologies with Untapped Potential (SCALEUP) program. These selections bring total SCALEUP program funding to over $70 million, building on $24 million in previously announced SCALEUP “Fast Track” selections. These new SCALEUP teams are receiving funding to support the scaling of high-risk and potentially disruptive new electric vehicle battery,...Read More
(Reuters) - Albemarle Corp said on Thursday it will double production at its lithium facility in Silver Peak, Nevada, part of a plan to boost supply for the burgeoning electric vehicle (EV) market.
Since 2011, significant improvements in battery technologies and overall EV efficiency have led to an expanding number of EV models and increased driving ranges. The median EPA estimated range for all EV models offered in the 2020 model year exceeded 250 miles. The 2020 model year also marked the first year that an EV achieved an EPA estimated maximum range of more than 400 miles.
BOSTON (AP) — Massachusetts has released a plan to eliminate greenhouse gas emissions by 2050, which includes in part a requirement that all new cars sold in the state be electric by 2035 and converting 1 million homes from fossil fuel to electric heat.
This year has made clear that the internal combustion engine’s (ICE) days are numbered. 2020 saw explosive growth in the automotive industry’s EV segment, with nearly every major manufacturer and brand group announcing, unveiling or debuting new and upcoming electric vehicles.
Battery packs for electric cars checked off a milestone this year -- just an ever-so-slight ray of sunshine on what's been a pretty gloomy 2020. For the first time, prices slid under $100 per kilowatt hour, and thorough analysis shows prices fell a whopping 89% in just 10 years.
