electric vehicle News Updates

Business, Technology, Fuel

Lordstown Motors Jumps on Forecast for 11 Months of Cash on Hand

Lordstown Motors Corp. jumped after saying it has enough money to make its battery-powered trucks through May of next year, paring a record decline the previous day following the departure of two top executives.

June 15, 2021
Business, Technology, Fuel

Lordstown Motors’ Rough Road Continues as CEO, CFO Depart

The top two executives at Lordstown Motors have resigned from the Ohio electric truck startup as problems at the company continue to mount.

June 14, 2021
Business, Technology, Fuel

Peak Internal Combustion Engine May Already Be Years in the Past

The world hit a transport milestone in 2017, though most people wouldn’t have noticed it at the time.

June 10, 2021
Government, Business, Technology, Fuel

Lordstown Motors Reveals Cash Crisis

Lordstown Motors Inc., an electric-vehicle startup that recently went public, said it may not have the cash to get its debut pickup truck to market — and might not last as a company in the next 12 months if it can’t raise more capital.

June 8, 2021
Government, Business, Technology, Fuel

Automakers Face a Threat to EV Sales: Slow Charging Times

DETROIT — If the auto industry is to succeed in its bet that electric vehicles will soon dominate the roads, it will need to overcome a big reason why many people are still avoiding them: fear of running out of juice between Point A and Point B.

June 8, 2021
Government, Business, Technology, Fuel

ChargePoint CEO Sees Electric Pickups Winning Over Americans

The largest vehicle charging network in the U.S. is counting on electric pickup trucks to finally win over American drivers for EVs.

June 4, 2021
Government, Business, Technology, Fuel

Rise of Electric Vehicles Presents Questions About Transportation Funding

While electric vehicles and alternative fuels contribute to reducing greenhouse gas emissions, their continued adoption forces states to rethink transportation funding sources that currently come from taxes on diesel and gasoline.

June 3, 2021
Business, Technology, Fuel, Autonomous

Cheeseburger While You Charge? Musk Pursues Tesla Restaurant Concept

Move over, In-N-Out Burger. Elon Musk, CEO of Tesla Inc., is one step closer to opening a diner.

June 2, 2021
Government, Business, Fuel, TCA

Bill to Boost EV Tax Credits to $12,500 Passes Senate Panel

WASHINGTON — Legislation that would raise consumer tax credits for electric vehicles to $12,500 for the next five years passed a Senate committee May 26.

May 28, 2021
Business, Technology, Fuel, Autonomous, TCA

For Tesla Owners, Colonial Pipeline Hack Was No Big Deal

Automotive historians may look back on May 2021 as a tipping point in the evolution of electric vehicles.

May 24, 2021