The lack of credits is problematic for automakers shifting from petroleum-powered vehicles to batteries in the effort to reduce emissions, meet government fuel-economy standards and fight climate change.
The Postal Service’s plan falls well short of White House goals to move the entire federal civilian fleet to electric vehicles by 2035. The mail agency’s 217,000 vehicles make up the largest share of the government’s civilian vehicles.
The plan is to have an electric vehicle that is priced lower than the upcoming Chevrolet Equinox EV. GM plans to roll out an electric Equinox small SUV next year with a starting price of around $30,000.
The National Highway Traffic Safety Administration says the probe covers more than 138,000 vehicles with batteries made by LG Energy Solution of South Korea and used by General Motors, Mercedes-Benz, Hyundai, Stellantis and Volkswagen.
In its request for information released Monday, INDOT is soliciting feedback and recommendations from stakeholders, such as utilities and energy and fuel companies, for the planning, coordination and development of charging networks across the state.
Twitter shares exploded 26% in premarket trading after the Securities and Exchange Commission filing showed that Musk snapped up more than 73 million shares, valued at $2.89 billion.
The U.S. will need far more lithium to achieve its clean energy goals, but the industry that mines, extracts and processes the chemical element faces a host of challenges from environmentalists, Indigenous groups and government regulators.
The Postal Service formally placed its initial $2.98 billion order for 50,000 vehicles with at least 10,019 of them being battery-electric vehicles. That represents a doubling of electric vehicles from the initial plan.
Ford plans a major restructuring with two distinct but strategically interdependent auto businesses–Ford Blue focusing on traditional combustion engines and Ford Model e, which will develop electric vehicles.
House Bill 1221 outlines parameters for utility regulators to use when considering utilities’ proposals for constructing charging stations and setting consumer rates for their use.
The recall of nearly 54,000 cars and SUVs shows that Tesla programmed its vehicles to violate the law in most states, where police will ticket drivers for disregarding stop signs.
The state’s economic development board on Tuesday approved $824 million in incentives and assistance for Detroit-based General Motors.
The Biden administration released an ambitious federal strategy Monday to build 500,000 charging stations for electric vehicles across the country and bring down the cost of electric cars with the goal of transforming the U.S. auto industry.
General Motors and a joint-venture partner plan to build an electric vehicle battery factory in Lansing, Michigan. They say the plant would cost up to $2.5 billion and employ as many as 1,700 workers.
The president is hoping to do even more to promote electric vehicles, including a provision for a $7,500 tax credit for consumers who buy electric vehicles through 2026 that’s been floated as part of his proposed $1.85 trillion social services and climate bill.
Eleven governors complained that the more generous tax credit for cars made in union plants would punish companies and workers in their states.
Researchers say charging times for electric vehicles could eventually be on par with filling up a car at a gas station.
Using tax incentives , an EV commission and membership in a regional network promoting EV infrastructure, the Holcomb administration is looking to increase EV manufacturing statewide.
The deal likely is worth around $4 billion. Mark Fields, Hertz’ interim CEO, said that Teslas are already arriving at the company’s sites and should be available for rental starting in November.
The city will release a request for proposals to developers to repurpose 29 of the 89 former charging-station sites before the end of the year, according to the Department of Metropolitan Development.
