The development of a megawatt charging system for electric trucks is progressing
An international high-speed charging standard for heavy-duty electric trucks is closer to becoming a reality as the United States and the European Union (EU) have agreed on a shared vision for standardization.
The CEO of Ford believes that it will take another decade for EVs to reach cost parity with traditional internal combustion engine vehicles
Ford CEO Jim Farley believes that electric vehicles (EVs) still have several years to go before they can compete with internal combustion engine vehicles in terms of cost.
Albemarle, the leading global producer of lithium, is experiencing significant growth
According to McKinsey & Co., the demand for lithium, a crucial component for electric vehicle batteries, is expected to increase significantly in the coming years, from 500,000 metric tons in 2021 to three million to four million metric tons within the next decade.
Trucks-as-a-Service (TaaS): A Simplified Path to Electric Vehicle Adoption by Fleets
The concept of Trucks-as-a-Service (TaaS) is gaining attention as a model that aims to facilitate the transition to electric trucks for fleet operators.
Hyundai and LG Join Forces for $4.3 Billion Georgia Plant to Manufacture Electric Vehicle Batteries
Hyundai Motor Group and LG Energy Solution have announced plans to construct a $4.3 billion electric battery plant as part of Hyundai's new electric vehicle assembly plant in Georgia.
Comparing the US and Europe: The Electric Vehicle Landscape
European governments have traditionally been more aggressive in regulating fuel consumption, but the United States is catching up with strict emissions regulations and fines for automakers that fail to meet EV sales targets.
Human rights violations are prevalent in the battery supply chains of Tesla and Toyota
A report by the Business and Human Rights Resource Centre (BHRRC) has revealed that major carmakers Tesla and Toyota are using batteries sourced from mines associated with human rights violations in Indonesia and the Philippines.
Gasoline-Powered Cars Maintain Dominance in the Market
A recent poll has revealed that the "rapid phase-out" of electric vehicles (EVs) is not a straightforward path.
Remarkable Surge: EV Sales Skyrocket by 55% in 2022
While the United States experienced a remarkable over 50% increase, China leads the global market with nearly 60% growth in EV sales, retaining its position as the largest EV market worldwide.
Unveiling the EV Leasing Surge: Exploring the Impact of a Tax Credit Loophole
The concept of a "tax credit loophole" regarding the rise in electric vehicle (EV) leasing implies a scenario where individuals or businesses leverage specific tax incentives or loopholes to maximize the advantages of leasing EVs.
California Sets Pace as Waste Industry Prepares for Challenges in EV Rollout
California's adoption of the Advanced Clean Fleets rule has created challenges for waste haulers, who now face the task of purchasing 100% zero-emission vehicles by 2042.
Hyundai's Roadmap to Joining the Top Three Global EV Manufacturers by 2030
Hyundai Motor Company is making significant investments in research and development, new plants, and expanding its electric vehicle (EV) lines and production capacity, with the aim of becoming one of the top three global EV manufacturers by 2030.
Lack of EVs at Dealerships Persists, Despite Growing Demand
Despite the growing popularity of electric cars and trucks, two-thirds of US car dealers surveyed in a new Sierra Club study published on Monday, didn't have any battery-electric or plug-in hybrids for sale in 2022, new or used.
UAW Delays Endorsement of Biden Due to EV Concerns
The United Auto Workers (UAW) and their leaders have postponed endorsing President Biden until their concerns regarding the auto industry's shift to all-electric vehicles (EVs) are addressed.
Tesla unveils supply chain emission detail
Tesla has released its 2022 impact report, which for the first time details its Scope 3 emissions.
Commercialization of Fuel-Cell Electric Trucks by Kenworth and Peterbilt
Paccar and Toyota have announced an expanded agreement to develop and produce zero-emissions hydrogen fuel cell Kenworth and Peterbilt trucks powered by Toyota’s hydrogen fuel cell modules.
Volvo plans to triple its electric vehicle dealership locations in one year
Volvo Trucks has expanded its number of certified electric vehicle (EV) dealerships in North America three-fold over the past year, and dozens more are in the process of gaining certification, as Volvo Trucks aims to increase its support ecosystem for the deployment of battery-electric trucks and equipment at scale.
US chip companies see China as a valuable market despite potential risks
The Semiconductor Industry Association, a major US industry group, wants clear rules from the Biden administration regarding investment restrictions for chip companies in China.
Tesla Raises Prices in Multiple Markets After Multiple Cuts
Tesla has increased the prices of its Model 3 and Model Y cars in key markets, including the US and China.
Global Expansion of Chinese Electric Vehicle Brands is Underway
Chinese electric vehicle brands like BYD Auto, NIO, Geely Group’s Zeekr, and Ora are expanding globally and competing with Western and Japanese brands in their home markets.