ETFs In Focus On Surging EV Sales
According to Investor’s Business Daily, sales of electric vehicles (EVs), specifically all-electric or battery electric vehicles (BEVs), will reach approximately 500,000 units in the initial half of 2023. This represents a significant growth of 41% from the 355,000 units sold…
GM Acquires Battery Software Startup In Quest To Become EV Battery Leader
The acquisition of ALGOLiON Ltd., led by GM’s newly-formed Technology Acceleration and Commercialization (TAC) organization, will help the OEM bring new battery technologies to market faster, it said in a press release. ALGOLiON, founded in 2014, has “developed sophisticated software…
Mercedes-Benz Picks Tesla’s Charging Standard For North America EVs From 2025
German automaker Mercedes-Benz (MBGn.DE) said on Friday its electric vehicles in North America will adopt the Tesla-developed charging technology from 2025 and also get access to more than 12,000 of its Superchargers from next year. The company joins American rivals Ford (F.N) and General…
2023 Kia Niro EV vs. 2023 Volkswagen ID.4 Comparison
TV advertisements and car dealership lots are suddenly full of electric SUVs. As America’s automakers electrify their lineups, they’re starting with the vehicles Americans buy most. That means lots and lots of compact and midsize SUVs. Among them are a…
Hackers Already Infiltrate EV Chargers. It Could Only Get Worse.
With his electric Kia EV6 running low on power, Sky Malcolm pulled into a bank of fast-chargers near Terre Haute, Indiana, to plug in. As his car powered up, he peeked at nearby chargers. One in particular stood out. Instead of…
GM Joins Electric Vehicle Upswing In Expanding US Market
General Motors’ US electric vehicle sales more than doubled in the second quarter from the same period a year earlier, adding to evidence of a growing appetite among consumers for battery-powered cars and trucks. The Detroit carmaker said on Wednesday…
US Electric Vehicle Goals Will Require Up To $127B To Install 28M Chargers by 2030
There will be 30 million to 42 million electric vehicles on U.S. roads in 2030, requiring a rapid, widespread buildout of charging infrastructure that will be focused on homes and multi-family residencies, according to a new report from the National Renewable Energy…
VW In Talks To Adopt Tesla’s EV Charging Plug, But Toyota Is Taying Silent
Tesla has racked up a series of EV charging wins in recent weeks, with Ford, GM, Volvo, Polestar, and Rivian all announcing plans to adopt the company’s charging connectors for their vehicles. But there are still a number of notable holdouts — although that could shift…
Say Hello To The Fully Electric Volvo EX30 Small SUV
As a small SUV that does big Volvo things, our new fully electric Volvo EX30 is designed to be as safe as you’d expect from us. It is designed to have the smallest CO2 footprint of any Volvo car to…
Shifting To EV Fleets Would Save State, Local Governments Millions Of Dollars
Arizona governments could save almost $283 million over the next 10 years if roughly 20,000 gasoline-powered light-duty vehicles in their fleets that are due to be retired were replaced with electric vehicles, according to a recent report. The 38-page report by the…