U POWER Tech Unveils “plug-and-play” EV Chassis at CES; a Tech and Business Model Set to Shake Up the EV Industry
U POWER Tech, a smart electric vehicle (EV) technology company is making its debut at CES 2024 with the UP Super Board, a skateboard chassis that serves as a vehicle foundation for automakers to accelerate EV development. This plug-and-play technology…
Nearly $12M Going to Mesa for Installation of Dozens of Electric Vehicle Charging Ports
Mesa is getting a federal grant of nearly $12 million to support the expansion of its electric vehicle charging network, U.S. Rep. Greg Stanton announced Monday. The funding will be used to install 48 electric vehicle charging ports, charging docks…
Fuel Cell Electric Trucks Are Coming, Ready Or Not
The road ahead has not gotten much easier for fuel cell cars, but trucks are a different matter. Just a couple of weeks ago, Isuzu and Honda kicked off a months-long road test of their GIGA FUEL CELL heavy-duty truck,…
EU Approves $986 Million German State Aid For Northvolt’s Battery Plant, Matching US Subsidies
The European Commission gave the green light to a $986 million German measure aimed at bolstering Swedish sodium-ion battery-batteries company Northvolt’s initiative to build a battery production plant for electric vehicles in the country. The sum sways Northvolt’s decision towards…
Biden Spent Billions for EV Charging Stations, Only Built One
U.S. Energy Secretary Jennifer Granholm will meet with the state’s all-Democrat federal delegation at NASA to explain “how Bidenomics is helping lower costs for American families.” Granholm will also tout the purported benefits of the Biden administration’s billions in green…
Hyundai & Kia Take Second Place After Tesla in US EV Sales
South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which…
EIB Funds €420m to Support Fully Electric Volvo Car Range
The European Investment Bank (EIB) has announced it has signed a €420m financing agreement with Volvo Car Corporation to help create a fully electric Volvo car platform. The sizeable loan agreement will support Volvo in its vision to become an…
Honda Considers US$14 Billion Plan for EV Production in Canada
Honda Motor Co is considering building an electric vehicle plant in Canada in a near ¥2 trillion (US$13.83 billion) project that could possibly include in-house production of batteries, Japan’s Nikkei news group reported on Sunday (Jan 7). The project could…
Italy Mulls a $1 Billion Incentive Plan to Boost Electric Vehicle Sales
Italy is mulling a plan worth $ 1 bilion to boost electric vehicle sales in the country. The European country is reportedly planning to launch an incentive program, under which it aims to replacethe country’s ageing internal combustion engine-propelled vehicle…
EV startup Fisker Struggling to Meet Internal Sales Goals, Documents Show
Fisker remains far from meeting CEO and founder Henrik Fisker’s publicly stated goal of delivering 300 electric SUVs per day globally. The EV startup spent much of December aiming to meet an internal sales goal of between 100 and 200…
