Electric Vehicles

Without EVs, solar, wind, and nuclear, the global rise in emissions in the last five years would have been three times larger, new International Energy Agency (IEA) analysis shows.

A Michigan manufacturer of silicon carbide (SiC) wafers, a key component in EV power electronics, just got a big loan from the US Department of Energy to ramp up production.

Plan A isn’t working, so it’s time for Plan B. Three major legacy automakers are considering a creative approach to staying in the game amid fierce competition from Tesla and Chinese rivals – all in an effort to make cheap EVs, and a whole lot of them.

More bad news for Californian EV startup Fisker, as it now faces a possible delisting from the New York Stock Exchange due to low stock prices for 30 consecutive days.

US President Joe Biden, whose administration has put electric vehicles front and center of an ambitious policy to dramatically curb emissions, may walk back his proposal on yearly EV requirements through 2030 due to political pressures and pushback from automakers and the UAW.

Forvia, a major supplier for Stellantis, Volkswagen, Tesla, and Ford, plans to cut as many as 10,000 jobs in Europe over the next five years. The news falls days after major auto supplier Continental announced that it too was cutting its workforce by 7,150 jobs.

In a huge push to give European automakers a fighting chance over China in the EV sector, Stellantis and Mercedes-Benz have raised nearly €4.4 billion to build four new EV gigafactories across the European Union in the coming years.

The new year rolled out a new plan where EV shoppers could get on-the-spot tax rebates when purchasing a new electric vehicle, with auto dealers then handling the paperwork and waiting to get reimbursed by the government. The US government says it has already paid out $135 million to auto dealers that signed up for the program so far this year.

Canada Nickel Co. is looking to spend US $1 billion to build a nickel processing plant in Ontario, which would be North America’s largest once it is completed.

Major German car parts maker ZF Friedrichshafen is investing a hefty $500 million into its transmission plant in South Carolina – all to transform it into a “flexible manufacturer of parts” for both ICE and plug-in hybrids, and for both passenger cars and large commercial vehicles by launching production of its PowerLine transmission in the US.

The US-China trade war heats up as the Biden administration has signaled a warning that electric vehicles from China could pose a “significant national security risk” in that the huge amount of data they collect could be sent to China.

Regulators hate them, saying all the popularity of massive, heavy SUVs runs counter to environmental targets. Paris even slapped some hefty fines on SUVs parking in the city. But European consumers are showing nothing but love for the SUV, in all shapes and sizes. In a new milestone, SUV sales took the market lead at 51%.

EVs, PHEVs, and hybrids made up 16.3% of total light-duty vehicle (LDV) sales in the US in 2023 – Tesla’s price cuts were a big reason.

Electric vehicle buyers reported the highest satisfaction with the process last year. With 80% of new EV buyers saying they were “highly satisfied” with the process, buying an EV was reportedly much easier than an ICE vehicle.

Once an EV darling thought to revolutionize EV production with its concept of micro-factories that crank out delivery vans for the likes of Uber and UPS, UK startup Arrival is in a desperate search for funding after being delisted from Nasdaq this week.

An EV roadshow is headed to East Texas next week, and the Conservative Texans for Energy Innovation is helping to spearhead it.

The US Transportation Department is investing $148.8 million for repairing or updating nearly 4,500 electric vehicle charging ports in some 20 states.

Electric vehicles fail at a lower rate than gas-powered cars in the extreme cold, according to a road assistance service in Norway.

After dropping Tesla, global rental car giant SIXT says it will buy up to 250,000 vehicles from Stellantis for its fleets in North America and Europe.

EV owners are more likely to add solar panels to their homes, according to a new US Department of Energy’s National Renewable Energy Laboratory (NREL) study – here’s why.

As part of President Biden’s massive $7.5 billion plan to extensively build out EV infrastructure in the US – much to the chagrin of some Republican lawmakers –  the government has announced that it is investing $623 million in grants to put 7,500 more EV charging stations on the roads.