The Inflation Reduction Act, signed into law by President Joe Biden in August 2022, has allocated $400 billion in federal dollars for clean energy projects as the United States aims for up to a 40% re
Ford is partnering with South Korean battery manufacturers SK On and EcoPro BM to build a cathode manufacturing facility in Quebec, Canada. The CAD $1.2 billion (USD $890 million) joint investment wil
General Motors is leading a $60 million Series B round into Mitra Chem, a battery materials startup promising to help build more affordable and accessible EV batteries for future GM vehicles. Battery
The onshoring of battery manufacturing for EVs started as a trickle during the COVID-19 pandemic. Now it’s a tsunami. In 2019, just two battery factories were operating in the United States with ano
ElectraMeccanica, the maker of the tiny three-wheeled Solo electric vehicle, will merge with U.K.-based truck manufacturer Tevva in a bid to grow their combined market share for electric trucks, the c
Electric truck maker Nikola shares plummeted Monday after it recalled nearly all of its battery electric semi trucks. The company recalled 209 of its Class 8 Tre battery electric vehicles after a thir
Ford has hired Peter Stern, a former executive at Apple, to lead its newly formed Ford Integrated Services unit. The unit will create and market software-enabled customer experiences across Ford’
In a win for the autonomous vehicle industry, California regulators have given the green light to Cruise and Waymo to offer commercial robotaxi services across San Francisco 24 hours a day, seven days
Ride-hailing giant Lyft will start displaying ads in-app, as well as via in-car tablets, rooftops and bikeshare stations. “Lyft has a captive audience throughout their entire ride journey – wa
Veo, one of the shared micromobility firms that secured New York City’s e-scooter permit, is moving into retail. Starting Thursday, the company will be selling its Cosmo X seated, pedal-less sco
The California Public Utilities Commission (CPUC) is scheduled Thursday to make a high-stakes vote that will determine the commercial future for autonomous vehicle technology companies Cruise and Waym
Lyft has been cutting fares in order to secure more riders, and it’s working. But that success has come with a (literal) cost. The ride-hail company reported Tuesday during its second quarter 20
Lyft made less money per active rider in the second quarter — something that might normally give investors pause. Yet, the ride-hailing giant’s stock price initially rocketed nearly 14% in aft
Cruise, the self-driving subsidiary of General Motors, has expanded its robotaxi radius in the Phoenix area by 20x as it seeks to compete with Alphabet-owned Waymo in its home court. Cruise soft-launc
Owners of all-electric Chevrolets and other GM brands will soon be able to use their cars as backup generators to power their homes during an outage or during peak demand days. GM said Tuesday it is b
Lucid said Monday it will reveal its long-awaited, all-electric Gravity SUV in November with production not kicking off until late 2024. The EV maker, which has experienced a drop in sales for its wel
Zeekr, the luxury electric vehicle brand under China’s Geely Automobile Holdings, says it will launch its Zeekr 001 shooting brake and Zeekr X SUV in Kazakhstan by the fourth quarter of 2023. Kazakh
Zachary Kirkhorn, Tesla’s chief financial officer and “Master of Coin,” stepped down August 4 after 13 years working with the electric vehicle maker, according to a regulatory filin
The National Highway Traffic Safety Administration (NHTSA) is investigating 280,000 Tesla vehicles over reports of loss of steering control and power steering. The malfunctioning has frequently been a
San Francisco startup Ample is bringing its modular electric vehicle battery swapping technology to Mitsubishi Fuso’s electric trucks this winter, the company said Tuesday. This marks the first
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