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The Detroit-based automaker is working to secure a supply of lithium iron phosphate batteries General Motors Co. hinted that it’s developing a lower-cost electric pickup truck that could boast a 350-mile range. The Detroit-based automaker is working to secure a supply of lithium iron phosphate batteries in North America, said Kurt Kelty, GM’s vice president …
GM Hints at Cheaper Electric Truck With 350-Mile Range Read More »
Bloomberg News Ford Motor Co. is offering free home chargers and installation to buyers of its electric vehicles in a bid to boost sales and overcome range anxiety among mainstream car shoppers. The incentive program will begin Tuesday and run through the end of the year, Ford officials said in a briefing with reporters. It’s available on the …
By Reuters FRANKFURT, Sept 11 (Reuters) – Prices of emissions-free trucks need to fall by as much as half to make them an affordable alternative to diesel models, a study by consultancy firm McKinsey published on Wednesday said, a necessary step to help achieve European Union climate targets. Less than 2% of the EU’s heavy freight …
Emissions-Free Truck Prices Need to Drop by 50% to Compete With Diesel, Study Says Read More »
Nearly 20% of U.S. public charging attempts ended in failure, with roughly 10% of those aborted sessions were due to a damaged or missing cable Bloomberg News Rick Wilmer spends most of his work days at the office. But every so often, the chief executive officer of ChargePoint Holdings Inc. will make his way to …
Thieves Hunting for Copper are Vandalizing EV Chargers Read More »
(Reuters) – Investment firm Monroe Capital LLC said on Monday it plans to launch a fresh fund of up to $1 billion to provide loans for smaller auto suppliers as the industry shifts from gasoline-powered to electric vehicles. The White House said the fund would “facilitate access to lower cost capital for small- and medium-sized …
White House Touts $1 Billion Fund to Help Auto Suppliers Retool for EVs Read More »
By Katrina Hamlin HONG KONG, Sept 6 (Reuters Breakingviews) – China’s electric cars have zoomed into a new era of battery-powered driving. Now models such as BYD’s (002594.SZ) Seal and Great Wall Motor’s (601633.SS) Funky Cat face an international backlash. The U.S. is quadrupling duties on imports of electric vehicles from the People’s Republic to …
The state leading in vehicle electrification reckons with the costs of the energy transition and who pays for it. By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. California wants …
The actions amount to further pullback by chief executive Jim Farley, who initially accelerated Ford’s shift to EVs Bloomberg News Ford Motor Co. is recalibrating its electrification strategy yet again, cancelling plans for a fully electric sport utility vehicle in a shift that may cost the carmaker around US$1.9 billion. In addition to scrapping an all-electric three-row SUV …
P-I-V-O-T: Ford Pulls Back Further fFom EVs With $1.9 Billion SUV Pivot Read More »
Stellantis and Mazda are among the automakers offering an antidote to range anxiety: onboard generators (the gas kind). Despite a parade of electric vehicles that can travel more than 300 miles on a charge, range anxiety remains a major hurdle to widespread adoption particularly in the US. There is, however, a “no-duh” antidote to allay fears of …
A New Wave of Electric Vehicles Are Ready to Charge at 70 MPH Read More »
Tesla stages US$386-billion comeback as Musk focuses on AI The chief executive managed to get investors to pay more mind to the automaker’s AI potential than its sluggish sales Bloomberg News This year has been a testament to Elon Musk’s ability to lead Tesla Inc.’s shares into and out of trouble. It’s been a volatile time even …
Tesla Stages US$386-Billion Comeback as Musk Focuses on AI Read More »
