Tag: Electric vehicles

April 30, 2021

General Motors (NYSE: GM) announced Thursday it will invest $1 billion in a manufacturing complex in Ramos Arizpe, Mexico, that will build electric vehicles by 2023. “This investment will serve to prepare the complex for an expansion in the assembly […]

April 22, 2021

The U.S. Postal Service should include more electric vehicles in its new fleet than it first envisioned when it awarded a $6 billion contract to Oshkosh Corp., a U.S. senator told nominees to the service’s board. “The Postal Service has […]

April 21, 2021

Democratic lawmakers are unveiling legislation that would invest $25 billion to convert the nation’s fleet of gasoline- and diesel-powered school buses to electric vehicles, aiming at a component of President Joe Biden’s $2.25 trillion infrastructure plan to improve children’s health. […]

February 17, 2021

Ford announced a major push into electric vehicles in Europe, vowing to convert its entire passenger car lineup on the continent to electrics by 2030. Ford will spend $1 billion to revamp its factory in Cologne, Germany, and make it […]

December 22, 2020

In an effort to overcome the cost barriers to buying electric vehicles, electric truck maker Xos Trucks Inc. on Tuesday announced a partnership with DLL to help finance the leasing of its all-electric commercial vehicles. DLL is a global asset […]

November 9, 2020

General Motors Co. is going on a hiring binge to accelerate its development of electric vehicles. The Detroit automaker said Nov. 9 it plans to hire 3,000 new employees across engineering, design and information technology to spur efforts to develop […]

September 14, 2020

Senate-passed legislation meant to promote access to electric vehicles around the country will be under consideration before the U.S. House of Representatives this month. A House companion bill sponsored by Rep. Ro Khanna aims to provoke government agencies to buy […]

September 1, 2020

Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying price and on a recent stock split that made it more accessible to individual investors. The Palo Alto, Calif.-based carmaker will sell the shares […]

July 17, 2020

Tesla Inc. kept growing in China last month, with registrations of its electric vehicles jumping to a record in the world’s largest market as the coronavirus outbreak receded. In June, 14,976 China-built Teslas were registered in the country, according to […]

July 7, 2020

The market gloom over the metals that will power the cars of the future is starting to lift. Supply overhangs and then the coronavirus pandemic had crushed short-term prospects for the minerals used to make rechargeable batteries. But new government […]