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Daimler Truck Eyes Pending Independent Status in Electric World

Daimler Truck reported it is on schedule to be listed as a public company on the Frankfurt Stock Exchange by the end of this year, and remains committed to replacing internal combustion engines globally with battery-electric and fuel cell electric powertrains and related software.

May 20, 2021

Ford’s High-Stakes Electric F-150 Will Start Under $40,000

Linda Zhang, chief engineer of Ford Motor Co.’s new electric F-150 pickup, steers a 3-ton rig onto a test track at the automaker’s suburban Detroit proving grounds and mashes the accelerator.

May 20, 2021

Biden Considering Point-of-Sale Rebates for Electric Car Buyers

The Biden administration wants to give consumers rebates for purchasing electric vehicles to help the U.S. compete against China in manufacturing the next generation of automobiles, White House climate adviser Gina McCarthy said.

May 19, 2021

At Ford Visit, Biden Says Future of Autos Is Electric

Without mentioning his predecessor’s name, President Joe Biden criticized former President Donald Trump while visiting a Ford Motor Co. plant in Dearborn, Mich., on May 18, saying Trump’s rollback of fuel standards delayed an inevitable move to electric vehicles.

May 18, 2021

Biden Takes Spin in Ford’s Electric F-150

President Joe Biden made an unscheduled stop at a Ford Motor Co. test track outside Detroit on May 18, where he hopped into the company’s new all-electric F-150 pickup truck and took a spin.

May 18, 2021

Elon Musk Loses World’s Second-Richest Ranking

Elon Musk’s Twitter posts keep sending Bitcoin prices tumbling. His own fortune is heading in the same direction. On May 17, Tesla Inc.’s CEO lost his spot as the world’s second-richest person.

May 18, 2021

Ford Visit Offers Symbolic Backdrop for Biden’s EV Agenda

President Joe Biden’s planned visit May 18 to the Dearborn, Mich., Ford Motor Co. Rouge Electric Vehicle Center that will build an electric version of the F-150 pickup will showcase what experts say is a powerfully symbolic example of a zero-emission vehicle with mass market appeal, built in the U.S. by union workers.

May 17, 2021

Granholm: Fuel Crisis Is Near Its End

WASHINGTON — Energy Secretary Jennifer Granholm says the nation is “over the hump” on gas shortages following a ransomware cyberattack that forced a shutdown of the nation’s largest gasoline pipeline.

May 15, 2021

DTNA Launches EV Consulting Services, Chargers

Daimler Trucks North America announced its new Detroit eConsulting services and the Detroit eFill line of electric commercial vehicle chargers intended to support fleets and customers in the deployment of all-electric trucks.

May 14, 2021

EV Startups Lose More Than $40 Billion After Taking SPAC Route Public

At their highs, five electric vehicle startups that went public through mergers with special purpose acquisition companies were worth $60 billion. The corrections that followed have been brutal.

May 14, 2021