EU Approves $986 Million German State Aid For Northvolt’s Battery Plant, Matching US Subsidies
The European Commission gave the green light to a $986 million German measure aimed at bolstering Swedish sodium-ion battery-batteries company Northvolt’s initiative to build a battery production plant for electric vehicles in the country. The sum sways Northvolt’s decision towards…
Biden Spent Billions for EV Charging Stations, Only Built One
U.S. Energy Secretary Jennifer Granholm will meet with the state’s all-Democrat federal delegation at NASA to explain “how Bidenomics is helping lower costs for American families.” Granholm will also tout the purported benefits of the Biden administration’s billions in green…
Hyundai & Kia Take Second Place After Tesla in US EV Sales
South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Hyundai and Kia, along with the Genesis brand, are owned by Hyundai Motor Group, which…
EIB Funds €420m to Support Fully Electric Volvo Car Range
The European Investment Bank (EIB) has announced it has signed a €420m financing agreement with Volvo Car Corporation to help create a fully electric Volvo car platform. The sizeable loan agreement will support Volvo in its vision to become an…
Honda Considers US$14 Billion Plan for EV Production in Canada
Honda Motor Co is considering building an electric vehicle plant in Canada in a near ¥2 trillion (US$13.83 billion) project that could possibly include in-house production of batteries, Japan’s Nikkei news group reported on Sunday (Jan 7). The project could…
Italy Mulls a $1 Billion Incentive Plan to Boost Electric Vehicle Sales
Italy is mulling a plan worth $ 1 bilion to boost electric vehicle sales in the country. The European country is reportedly planning to launch an incentive program, under which it aims to replacethe country’s ageing internal combustion engine-propelled vehicle…
EV startup Fisker Struggling to Meet Internal Sales Goals, Documents Show
Fisker remains far from meeting CEO and founder Henrik Fisker’s publicly stated goal of delivering 300 electric SUVs per day globally. The EV startup spent much of December aiming to meet an internal sales goal of between 100 and 200…
Triangle EV Charging Company Anticipates Electric Vehicle Boom
Sahas Ramananandan is Team Tesla, “I’ve done 130 plus thousand miles in some of the cars and no maintenance other than tires,” he said. The Morrisville native has several electric vehicles that he rents out and said he believes it’s…
Blue Bird Delivers First Electric School Bus Fleet to Carter County Schools in Kentucky
Blue Bird Corporation, the leader in electric and low-emission school buses, is supplying 23 electric school buses to Carter County Schools (CCS) in Kentucky. The zero-emission vehicles mark a new era of clean student transportation for the school district. CCS…
Clayco Nabs $5B Rivian EV Factory Project in Georgia
American automaker Rivian has selected Chicago-based construction firm Clayco to build its $5 billion EV manufacturing plant in Stanton Springs, Georgia, according to a company press release. The 1,800-acre complex will sit about 40 minutes from Atlanta, and will produce…
