SAN FRANCISCO - Can Tesla remain the leader in the modern electric vehicle market it effectively created? That question has been on the mind of EV buyers, investors, analysts, industry watchers, and Elon Musk stans for months now. That’s especially been the case as questions over demand in China and the US — not to mention the
SAN FRANCISCO - From transparent solar panels to fusion power breakthroughs, lots of time, talent and money is being invested in developing more sustainable technologies. We put together a list of some of the ones we'll be keeping an eye on in 2023. Let's start our rundown with the original green power source: the sun.
NOVI - North American specialty vehicle manufacturing company, The Shyft Group, announced it has successfully completed the acquisition of XL Fleet announced by Spruce Power last month. The acquisition includes the option to extend employment opportunities to XL Fleet technical talent, assume a short-term leased facility including equipment in Wixom, and support the completion of
LAS VEGAS - CES 2023 will be kicking off in a few days and we’ll finally have an early look at the latest developments in the tech world. Over the last few years, we’ve seen a growing trend of automobile manufacturers choosing the biggest tech trade show of the year to showcase their latest electric
AMSTERDAM, Netherlands - The Dutch company Lightyear has just announced that its Lightyear 0 model is being manufactured. The Lightyear 0 can charge literally any time the car is in the sun, meaning while parked or on the go. The vehicle, which would be the first of its kind, comes after years of innovation and development. This
DETROIT - These days, billion-dollar plants to make the massive batteries that power electric vehicles are announced so often that — even if you follow the auto industry — it's hard to keep track of them all. Did you hear about the one from KORE Power in Arizona? Samsung and Stellantis in Indiana? The Chinese project
DEARBORN - Ford's big venture into autonomous vehicles cost it a whopping $2.7 billion write-off. GM isn't showing any signs of slowing its pursuits. Over the past few years, unmistakable buzz has surrounded autonomous vehicle technology as start-ups and major manufacturers are both battling to be king of a new frontier. However, with Ford Motor Company's
DETROIT - The Chevy Bolt is already a great enough deal to get our Electrek Vehicle of the Year award, but after the US Treasury delayed its guidance on battery sourcing requirements, that deal might be even better – but only for the next couple of months. At $25,600 MSRP for a base model Chevy Bolt, it’s already
GRAND RAPIDS - Tier 1 automotive supplier Lear Corp. plans a $112.5 million expansion at three facilities in southeastern Michigan and Traverse City to support the manufacturer’s ongoing growth in the electric vehicle market. The Southfield-based company, which specializes in seating and electrical systems, plans a new 120,000-square-foot facility in Independence Township in Oakland County. The
WASHINGTON, D.C. — DOE Gives $2.5 Billion Loan To Help Finance EV Battery Plants In Michigan, Ohio And Tennessee. Ultium Cells, a joint venture between General Motors and LG Energy Solution, will manage battery cell production at the three facilities to address the growing U.S. consumer demand for electric vehicles. The project is expected to
