electric vehicle News Updates

GovernmentBusinessFuel

Energy Researcher: Peak Oil Won’t Happen Before 2030

Global oil demand won’t peak before the end of this decade due to underwhelming fuel economy standards and slowing adoption of electric vehicles in the U.S., energy researcher Enverus says.

April 10, 2024
BusinessEquipmentFuelTCA

Rivian Hosts R2 Event in Illinois at New Production 91ÊÓÆµ

Rivian Automotive was back in Normal, Ill., on April 6 with its second-generation EVs and the promise of more activity at a now-bustling auto plant.

April 9, 2024
GovernmentBusinessTechnologyFuelTCA

Obscure Energy Calculation Could Speed Up EV Future

WASHINGTON — Overshadowed by the tailpipe emissions rule, the Department of Energy finalized changes to a calculation that could impact automakers’ ability to sell gas-powered vehicles.

April 9, 2024
GovernmentBusinessTechnologyTCA

Stellantis CEO Says EV Battery Weight Must Be Halved

The weight of electric vehicles batteries should be halved over the next decade in order to make the cars more efficient and environmentally friendly, Stellantis NV CEO Carlos Tavares said.

April 4, 2024
BusinessTechnologyEquipment

Ford to Delay Production of New Electric Pickup, Large SUV

DETROIT — Ford Motor Co. says it will delay rolling out new electric pickup trucks and a new large electric SUV as it adds gas-electric hybrids to its model lineup.

April 4, 2024
BusinessTechnologyEquipment

Rivian Beats EV Production Estimates

Rivian Automotive built and delivered more electric vehicles last quarter than Wall Street expected, giving the automaker a boost as it grapples with production hurdles and heavy costs.

April 2, 2024
BusinessTechnology

EVs Pass the Tipping Point to Mass Adoption in 31 Countries

By the end of last year, 31 countries had surpassed what has become a pivotal EV tipping point: when 5% of new car sales are purely electric.

March 28, 2024
GovernmentBusinessTechnology

China to Challenge Biden’s EV Plans at the WTO

BEIJING — China filed a World Trade Organization complaint against the U.S. on March 26 over what it says are discriminatory requirements for electric vehicle subsidies.

March 26, 2024
BusinessFuel

Lucid Surges on $1 Billion Lifeline From Saudi Investor

Lucid Group is getting a $1 billion cash injection from its biggest investor, an affiliate of Saudi Arabia’s Public Investment Fund, providing the troubled EV maker with a needed lifeline.

March 25, 2024
BusinessFuel

Fisker Mulls Bankruptcy After Talks With Automaker Collapse

Struggling electric vehicle startup Fisker Inc. said it needs to renegotiate terms for recent financing or face the possibility of filing for bankruptcy protection.

March 25, 2024