Tesla Shares Soar More Than 14% as Trump Win Is Seen Boosting Elon Musk’s Electric Vehicle Company
Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House. Tesla stands to make significant gains under a Trump administration with the…
GM Has Sold Over 300,000 EVs In The U.S. In Less Than A Decade
Lately, General Motors is doing very well in the electric vehicle market. Despite a rough ride last year, with many production and factory delays, GM has learned a lot from its mistakes and is now the second-largest EV maker in…
Daimler Truck North America Launches first Freightliner eCascadia in Motor City for Inbound Logistics Operation
Daimler Truck North America launched its first battery-electric Freightliner eCascadia at its subsidiary, Detroit Diesel Corporation subsidiary in Redford, Michigan, to further decarbonze its logistics operations. The Freightliner eCascadia will be integrated into DTNA’s operations at the Detroit Logistics Center…
Polestar Delivers First Polestar 3 Manufactured in U.S. to North American Customers
Polestar, the Swedish premium electric performance car brand, has delivered its first U.S.-built Polestar 3 SUVs to customers in the North American market. Deliveries of Polestar 3 began around the U.S. and Canada in the past few weeks and now…
Stellantis Invests $29.5M to Enhance EV Aerodynamics
Stellantis has unveiled its Moving Ground Plane (MGP) technology – a $29.5 million investment – at the company’s research and technical center in Auburn Hills, Michigan. The upgraded wind tunnel will be able to measure and reduce airflow resistance from…
Power Africa Launches Uganda’s Electric Mobility Industry Position Paper
The U.S. government’s Power Africa initiative supported the launch of an industry position paper on Uganda’s electric mobility sector. The paper, funded by Power Africa, outlines market trends, policy frameworks, challenges, and opportunities for electric mobility in Uganda, offering recommendations…
ChargePoint’s New Essential Cloud Plan Makes EV Charging Accessible to Small Businesses and Multifamily Housing
ChargePoint (NYSE: CHPT), a leading provider of networked charging solutions for electric vehicles (EVs), today announced an easier way to offer EV charging. Named the ChargePoint Essential cloud plan, it represents an alternative to a traditional cloud subscription. The ChargePoint…
Stellantis Launches Electric Charging Service Free2Move Charge Go.
After announcing last year the launch of an ecosystem for electric vehicle charging infrastructure, which would cover residential charging, commercial charging, and public charging, Stellantis has now announced the launch of Free2move Charge Go – the second of three strategic…
Hanon Systems Invests $155 million to Build Ontario’s First-of-its-kind EV Parts Facility
Invest Ontario is supporting a $155 million investment by Hanon Systems, a global supplier of automotive thermal and energy management solutions, for the construction of a new facility in Woodbridge, Ontario to manufacture cutting-edge e-compressors for electric vehicles (EVs). The…
Xponential Battery Materials (XBM) Develops Critical US EV Battery Cathode Material from Abundant Industrial Waste Byproducts
With the surge in adoption of Electric Vehicles (EVs), a glaring reality has emerged – there’s an acute shortage of domestically critical EV battery raw materials in the US, EU, and elsewhere. The EV lithium-ion battery (LIB) industry is at…
