Fisker and Octopus EV launch New US entrant – the Fisker Ocean Extreme
Octopus Electric Vehicles will allow businesses to offer the Fisker Ocean Extreme through salary sacrifice – an employee benefit that saves drivers up to 40% off the monthly cost – making this one of the most affordable ways to access…
Edmonton’s Fleet of Electric Buses Failing Amid Manufacturer’s Bankruptcy Broceedings
In the summer of 2020, Don Iveson, then Edmonton’s mayor, announced that electric buses were being deployed by the city’s transit service. During a news conference at the Kathleen Andrews Transit Garage, Iveson said the new buses were quiet, “super-efficient”…
New Car Sales in EU up by 14.6% as EVs Record 36% Growth
New car sales in the European Union climbed 14.6% in October, with a significant uptick in fully electric car sales contributing to the surge. Hybrid electric vehicles constituted nearly 30% of total vehicles sold in the economic bloc. The European…
LG Electronics Intros EV Charging Stations
LG Electronics will enter the U.S. electric vehicle charger market in 2024 with the introduction of its first line of AC and DC EV charging stations, according to a press release. LG’s initial product line for the U.S. market will…
Ford to Scale Back Plans for $3.5 billion Michigan Battery Plant as EV Demand
Ford Motor is scaling back plans for a $3.5 billion battery plant in Michigan as consumers shift to electric vehicles more slowly than expected, labor costs rise and the company moves to cut costs.Ford executives including CEO Jim Farley and…
Wallbox and Atlante Join Forces to Deploy the Largest EV Fast-Charging Network in Southern Europe
Wallbox (NYSE: WBX), a leading provider of electric vehicle (“EV”) charging and energy management solutions worldwide, and Atlante, a company of NHOA Group (NHOA.PA, formerly Engie EPS) dedicated to creating the largest fast and ultra-fast charging network for electric vehicles…
Toyota’s US$8 Billion EV Push to Ignite Electrification and Job Growth
Japanese automotive giant Toyota has recently unveiled its latest investment plan, totaling almost US$8 billion, to expand its new manufacturing plant Toyota Battery Manufacturing North Carolina (TBMNC). This move will create approximately 3,000 new jobs, increasing the total investment in…
Austin Charges Ahead in Texas’ Electric Vehicle Race
More than 2.1% of registered vehicles in Travis County are now battery-powered cars and trucks, registration data obtained through the Texas Public Information Act shows. The number doesn’t include hybrids. Travis County’s EV adoption rate is the highest of the…
BYD Sea Lion 07 EV SUV is Officially here to take on Tesla Model Y
China’s leading EV manufacturer, BYD, has unveiled its first mid-size urban electric SUV, the Sea Lion 07, at the 2023 Guangzhou International Auto Show. This launch marks BYD’s entry into a new segment, intensifying competition with industry giants like Tesla…
U.S. To Expand Domestic Battery Processing Facilities With $3.5 Billion Investment
The Inflation Reduction Act and the Bipartisan Infrastructure Law have collectively infused billions of dollars into the electric vehicle industry in the United States.The IRA has enabled consumer incentives such as the $7,500 tax credit, while provisions in both policies…
