Latest News

Latest News

EV battery maker Romeo Systems to go public through a $1.33 billion SPAC deal

EV battery maker Romeo Systems to go public through a $1.33 billion SPAC deal

Monday, October 5, 2020

(Reuters) - Romeo Systems Inc, a battery maker for electric vehicles, will go public through a merger with blank check company RMG Acquisition Corp in a $1.33 billion deal, the companies said on Monday.

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A New York bill quietly seeds the ban of new ICE cars by 2035

A New York bill quietly seeds the ban of new ICE cars by 2035

Monday, October 5, 2020

California announced a ban on the sale of new gas-powered vehicles from 2035 on September 23. Two days later, New York state senator Pete Harckham from the Hudson Valley introduced a bill that would also require all of New York State’s sales of new cars and trucks to be zero emissions by 2035.

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FPL debuts first electric vehicle fast-charging station at Midtown in Gardens

FPL debuts first electric vehicle fast-charging station at Midtown in Gardens

Monday, October 5, 2020

PALM BEACH GARDENS — Florida Power & Light is making it easier for electric vehicle owners to plug in when they're away from home.

Florida’s largest electric utility launched its FPL EVolution electric vehicle infrastructure program Friday at Mainstreet at Midtown in Palm Beach Gardens.

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California's mandate to sell only zero-emissions vehicles by 2035 isn't as crazy as critics think

California's mandate to sell only zero-emissions vehicles by 2035 isn't as crazy as critics think

Saturday, October 3, 2020

(CNN Business)Last week, California Governor Gavin Newson leaned over the hood of a Ford Mustang Mach-E and signed an executive order saying that all new passenger cars and trucks sold in the state must be emission-free by 2035.

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Biden and Trump agreed on at least one thing in debate: Support for electric vehicles

Biden and Trump agreed on at least one thing in debate: Support for electric vehicles

Wednesday, September 30, 2020

During the 2020 presidential debate Tuesday, moderator Chris Wallace asked candidates Donald Trump and Joe Biden about their views on climate change and their plans to protect the environment.

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A Biden presidency could boost Tesla and the auto industry

A Biden presidency could boost Tesla and the auto industry

Wednesday, September 30, 2020

New York (CNN Business)Joe Biden wants the US government to take an active role in increasing adoption of electric vehicles -- far more than President Trump does. Biden reiterated that during Tuesday night's presidential debate. That could be yet another bullish sign for Tesla and other electric car makers.

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Cumulative Plug-In Vehicle Sales in the United States Reach 1.6 Million Units

Cumulative Plug-In Vehicle Sales in the United States Reach 1.6 Million Units

Monday, September 28, 2020

In August 2020, cumulative U.S. plug-in vehicle sales reached 1.6 million units. Plug-in vehicles consist of both battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). Cumulative BEV sales reached one million units while cumulative PHEV sales were about 600,000. Since June of 2015, BEV sales have outpaced PHEV sales and for the last year, BEVs accounted for 60% or more of all plug-in vehicle sales.

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Ford to build new electric vehicle center at Rouge complex, add 300 jobs

Ford to build new electric vehicle center at Rouge complex, add 300 jobs

Thursday, September 17, 2020

Dearborn — Ford Motor Co. will build a new, 500,000-square-foot electric vehicle manufacturing operation at the historic Ford Rouge Center, the automaker said Thursday, creating 300 new jobs to support battery assembly and production of hybrid and battery-electric versions of its profit-rich F-150 pick-up truck.

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Lithium-Ion Battery Capacity for New All-Electric Vehicles Sold in the United States Reached a Record High in 2019

Lithium-Ion Battery Capacity for New All-Electric Vehicles Sold in the United States Reached a Record High in 2019

Monday, September 14, 2020

With a 1% increase in sales and increasing battery pack size, all-electric vehicles (EVs) captured a record amount of total plug-in vehicle battery capacity sold in 2019, 17.4 gigawatt-hours. Plug-in hybrid electric vehicles (PHEVs) accounted for a smaller portion of total plug-in vehicle battery capacity due to their lower sales volumes and because they require smaller battery packs than EVs, since they have gasoline-powered engines to extend total vehicle range. PHEV sales decreased 32% from 2018 to 2019, about the same as the decrease in PHEV battery capacity. Calendar year 2018 was the...Read More

General Motors takes 11% stake in Nikola to team up on electric truck

General Motors takes 11% stake in Nikola to team up on electric truck

Wednesday, September 9, 2020

New York (CNN)General Motors and Nikola are teaming up to work on the Nikola Badger, a fully electric and hydrogen fuel cell electric pickup truck.

The partnership gives General Motors (GM) an 11% stake in the startup, receiving $2 billion in equity, the companies said in a news release. GM will also get the right to nominate one director to Nikola's board.

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