This $1b EV nickel plant will be North America’s largest
Canada Nickel Co. is looking to spend US $1 billion to build a nickel processing plant in Ontario, which would be North America’s largest once it is completed.
Expand Expanding CloseCanada Nickel Co. is looking to spend US $1 billion to build a nickel processing plant in Ontario, which would be North America’s largest once it is completed.
Expand Expanding CloseMajor German car parts maker ZF Friedrichshafen is investing a hefty $500 million into its transmission plant in South Carolina – all to transform it into a “flexible manufacturer of parts” for both ICE and plug-in hybrids, and for both passenger cars and large commercial vehicles by launching production of its PowerLine transmission in the US.
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The US-China trade war heats up as the Biden administration has signaled a warning that electric vehicles from China could pose a “significant national security risk” in that the huge amount of data they collect could be sent to China.
Regulators hate them, saying all the popularity of massive, heavy SUVs runs counter to environmental targets. Paris even slapped some hefty fines on SUVs parking in the city. But European consumers are showing nothing but love for the SUV, in all shapes and sizes. In a new milestone, SUV sales took the market lead at 51%.
Expand Expanding CloseEVs, PHEVs, and hybrids made up 16.3% of total light-duty vehicle (LDV) sales in the US in 2023 – Tesla’s price cuts were a big reason.
Expand Expanding CloseElectric vehicle buyers reported the highest satisfaction with the process last year. With 80% of new EV buyers saying they were “highly satisfied” with the process, buying an EV was reportedly much easier than an ICE vehicle.
Expand Expanding CloseOnce an EV darling thought to revolutionize EV production with its concept of micro-factories that crank out delivery vans for the likes of Uber and UPS, UK startup Arrival is in a desperate search for funding after being delisted from Nasdaq this week.
Expand Expanding CloseAn EV roadshow is headed to East Texas next week, and the Conservative Texans for Energy Innovation is helping to spearhead it.
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The US Transportation Department is investing $148.8 million for repairing or updating nearly 4,500 electric vehicle charging ports in some 20 states.
Electric vehicles fail at a lower rate than gas-powered cars in the extreme cold, according to a road assistance service in Norway.
Expand Expanding CloseAfter dropping Tesla, global rental car giant SIXT says it will buy up to 250,000 vehicles from Stellantis for its fleets in North America and Europe.
Expand Expanding CloseEV owners are more likely to add solar panels to their homes, according to a new US Department of Energy’s National Renewable Energy Laboratory (NREL) study – here’s why.
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As part of President Biden’s massive $7.5 billion plan to extensively build out EV infrastructure in the US – much to the chagrin of some Republican lawmakers – the government has announced that it is investing $623 million in grants to put 7,500 more EV charging stations on the roads.
Ford is combining olive branches and twigs with recycled plastic in a pilot to make auto parts – and the results are looking promising.
Expand Expanding CloseWho says electric vehicles are too expensive? New data shows EV prices are nearly the same as gas-powered vehicles. The gap has closed significantly in recent months with new discounts and competition.
Expand Expanding CloseGoodyear has debuted the ElectricDrive 2, a second-gen all-season EV tire – but are EV-specific tires worth putting on your electric vehicle?
Expand Expanding CloseItaly has some of the oldest, most polluting cars in Europe clogging up its roads, and the country is lagging behind other European countries in EV adoption. But the government aims to change that, to the tune of a $1 billion investment to encourage people to ditch their gas- or diesel-burning cars for electric ones.
Expand Expanding CloseIt was a very good year in France for electric cars, for all kinds of reasons – among them, new cheaper cars entering the market supported by generous government subsidies. In 2023, 26% of new cars sold in France were battery electric and plug-in hybrid vehicles, a huge 47% jump from 2022.
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It was a huge year for profits at Chinese auto behemoth BYD. In 2023, the company sold 1.6 million fully battery-electric vehicles, coming close to Tesla’s projected goal of 1.8 million vehicles. Adding up sales for all so-called new energy vehicles, including battery-only vehicles and plug-in hybrids, BYD sold a whooping 3 million vehicles in 2023.
China’s ever-growing electric vehicle industry is setting up shop in Hong Kong, but not to expand business in the minuscule Hong Kong market. Rather, they are looking to leverage the city’s financial system for global expansion, Bloomberg reports.
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New year, new rules: As of January 1, things are about to get a little easier when it comes to getting your federal tax credit for buying an electric vehicle. Now the rebate – which is up to $7,500 for new EVs that qualify and up to $4,000 for used EVs that qualify – is available immediately when you purchase your car, rather than needing to wait potentially months to file a claim with your tax return. And auto dealers are signing up in droves with the IRS.
New data shows electric cars and plug-in hybrids made up more than 24% of all new passenger car registrations in the European Union this year, rising a bit from last year. While gas vehicles still hold nearly a third of the market, diesel rates took a dive.
Legacy automakers are still selling millions of gas guzzlers, but if we were to spin some good news out of that, the Environmental Protection Agency reports that emissions levels have now dropped to “record lows” and vehicle fuel economy is now at a “record high.” But what does it really mean?
France aims to democratize access to electric vehicles with a freshly launched “social leasing” program that allows low-income drivers to lease electric cars for as low as €40, about $43. That includes no down payment and free charging, in some cases, for six months.