Northleaf Commits $200 Million to EVPassport, Open API-Driven Electric Vehicle Charging Platform
Northleaf Capital Partners (“Northleaf”), a leading global private markets investment firm, today announced it has agreed to acquire a controlling stake in EVPassport, Inc. (“EVPassport”), an electric vehicle (“EV”) charging platform company co-founded by Hooman Shahidi (Chief Executive Officer), and…
Kia Unveils Three New Electric Models, Says EV Lineup Will Start at $35,000
Kia just announced plans to greatly expand its all-electric lineup in the near future. We traveled to the company’s global headquarters in Seoul, South Korea, for Kia’s first annual EV Day press conference. During the festivities, Kia showcased three new…
Stellantis Picks Indiana For 2nd US EV Battery Plant
Stellantis announced Wednesday that it would build its second U.S.-based electric vehicle battery plant in Kokomo, Indiana, where the company is already building a similar battery plant. Both facilities are being built as joint ventures with South Korea’s Samsung SDI….
Tesla Taps European Stainless Steel Producer For Long-awaited Cybertruck
Tesla Inc. is sourcing some stainless steel panels for the exterior of its new Cybertruck from Finnish supplier Outokumpu Oyj, which has worked to accommodate the electric vehicle’s unconventional design, according to people familiar with the matter.The materials will be…
Treasury Department Aims To make It Easier To Get $7,500 EV Tax Credit In 2024
A new proposal by the U.S. Department of the Treasury would make it easier for consumers to get a tax credit when buying a new or used electric vehicle, according to tax and energy experts. Its proposed rules, issued Friday,…
Isuzu Electric ute Confirmed, Likely A D-Max EV
In words reported by AutoExpress, Shinsuke Minami, Isuzu’s chief operating officer, told the press at last week’s launch of the facelifted D-Max in Bangkok, Thailand: “Isuzu is actively taking efforts to realise a carbon-neutral society. Going forward, Isuzu plans to…
Arizona rural roads in need of electric vehicle charging stations
When John Martinson decided to take a road trip from Phoenix to Newfoundland, Canada, he knew it was not going to be an ordinary trip. He would drive an electric vehicle. Martinson and his wife have owned 10 of them,…
LG Energy Solution Invests $3B In US Battery Manufacturing Expansion
The battery supply deal is part of Toyota’s push to produce 3.5 million battery EVs a year by 2030. To support the push, the automaker announced plans last month to triple its annual EV production target to 600,000 vehicles in…
E-fuels Cannot Save Europe From Chinese Electric Vehicles
At the International Motor Show in Munich last month two things stood out: the number of sleek electric models from Chinese brands, and the European auto executives who had little to offer except to talk up e-fuels.The risk of European…
Volkswagen Is Releasing An Electric Transporter Next Year Using Ford’s EV Components
An electric version of Volkswagen’s iconic Transporter van will debut next year. For the first time, the Transport will not be based on the California camper but on a newly developed platform with Ford.Volkswagen’s Transport is one of the top-selling…