America’s Largest Pension Raised Bets on EV Stocks
America’s largest public pension by assets has rejiggered its tech investments, bulking up an already large bet on electric vehicles. California Public Employees’ Retirement System increased investments in EV makers Tesla TSLA2.22% (ticker: TSLA) and Rivian Automotive RIVN0.46% (RIVN), bought…
GOACC Lunch and Learn Focuses on Electric Car Charging
Plugging Into NY’s Future: EV Ownership & Charging Installation Incentives Explained” is the topic for the Lunch and Learn that will be offered as a webinar and in the Greater Olean Area Chamber of Commerce office, 301 N. Union St.,…
VinFast Plans U.S. Dealer Network with 125 Sales Points in First Phase
VinFast Auto Ltd. (the “Company” or “VinFast”) (NASDAQ: VFS) today at Electrify Expo 2023, announced its aggressive plans for expansion across the U.S. with more than 70 dealer applications in hand. Updates on dealer agreements are expected to be announced…
Switzerland Pulls the Plug on Tax Breaks for EVs
The Swiss Federal Council announced the news yesterday, stating that it is pulling the plug on the country’s 4% import duty exemption, with the decision going into effect on January 1, 2024. Although the exemption has been in place in…
Volkswagen Aims to Bring Under-$35,000 EV to US in 3-4 years-VW Executive
Volkswagen aims to bring an under-$35,000 electric vehicle to the U.S. market in 3-4 years, a senior VW executive said on Thursday. Speaking at the Reuters Events Automotive USA 2023 conference in Detroit, VW plans to build the under-$35,000 EV…
EV Charging Stations Market Size Worth USD 299.58 Billion by 2032
The global Electric Vehicle (EV) charging stations market size reached USD 21.40 Billion in 2022 and is expected to register a revenue CAGR of 30.3% during the forecast period, according to latest analysis by Emergen Research. Increasing purchase of electronic…
New Made-in-America Magnet Could Make Cheaper, Greener EV Motors
Did you know GM invented the domestic, affordable permanent magnet? Before this neodymium-iron-boron magnet came along in 1984, electric motors, generators, audio speakers, hard-disk drives, and the like had to make do with pricey samarium-cobalt magnets. Now 90 percent of…
Global Electric Vehicle Battery Recycling Market Outlook Report 2023-2028
The electric vehicle battery recycling market is expected to reach a value of $20.07 billion by 2028 from $8.2 billion in 2022, growing at a CAGR of 16.08% from 2022-2028The global electric vehicle battery recycling market is characterized by a…
Taxpayers are Subsidizing Rich Electric-vehicle Owners
A new report has exposed electric vehicles as wasteful money pits, living up to the adage: If it seems too good to be true, it is.EV proponents often claim they’re cheaper to own than conventional gas- or diesel-powered vehicles, but…
Lucid to Adopt North American Charging Standard (NACS), Bringing Greater Convenience to Lucid Customers
Lucid customers will be able to access 15,000+ Tesla Superchargers in North America in 2025. Lucid to integrate North American Charging Standard (NACS) into its vehicles in 2025. Lucid vehicles built with the current Combined Charging System (CCS) will be…
