Jan 23, 2020

Big corporate players launch new electric vehicle group

Illustration: Lazaro Gamio/Axios

Amazon, AT&T and IKEA are a few members of a new corporate alliance launched Wednesday that's aimed at deploying more electric vehicles in corporate fleets.

Why it matters: The players in the Corporate Electric Vehicle Alliance are big. And corporate fleets are seen as ripe for more EV adoption, given the advantages of centralized charging, bulk purchases and more.

  • It's also the latest sign of the flowering of new alliances among companies, states and local governments at a time when the federal government is scaling back climate initiatives — including vehicle emissions rules.
  • The new alliance is coordinated through Ceres, a nonprofit focused on sustainability.

What's next: It will "help member companies make and achieve bold commitments to fleet electrification, and is expected to boost the electric vehicle market by signaling the breadth and scale of corporate demand for electric vehicles," the announcement states.

  • One audience is the auto industry — the group hopes to make the "business case" for the "production of a more diverse array of electric vehicle models."
  • It's also designed to help coordinate and mobilize corporate advocacy for more supportive state and federal policy, organizers say.

Go deeper: Electric vehicles face an uncertain policy landscape in 2020

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Electric vehicle ads make up fraction of overall spending despite Super Bowl splash

Screenshot from Audi's Super Bowl ad for the e-tron Sportback

Last night's Super Bowl featured splashy electric car ads for Audi's e-tron Sportback, GMC's Hummer and Porsche's Taycan.

Why it matters: The ads are the latest sign of the growing volumes of electric models becoming available or in the offing, but the New York Times notes that just 0.3% of the $8.6 billion that the auto industry spent on local and national advertising last year promoted electric vehicles.

BorgWarner to buy Delphi Technologies for $3.3 billion

BorgWarner, a leading supplier of vehicle power train components, agreed Tuesday to buy electronics manufacturer Delphi Technologies in a stock deal worth $3.3 billion.

Why it matters: The auto industry is on the cusp of a major shift to electric vehicles, but with many consumers still on the fence, the timing of the transition is unclear. The deal give BorgWarner the flexibility to offer a variety of gasoline, hybrid and electric powertrain systems for both passenger and commercial vehicles as it prepares for the future.

Go deeper: Sluggish sales throw the future of electric vehicles into uncertainty

Keep ReadingArrowJan 28, 2020

Amazon grants first look at Rivian's electric delivery vehicles

Model of Rivian's electric delivery van for Amazon. Photo courtesy of Amazon

Amazon is sharing new info about its late 2019 vow to buy 100,000 electric delivery vehicles from Rivian.

Why it matters: It's among the most aggressive moves in the fleet electrification space and, if indeed it proceeds, will cement Rivian's prominence among electric vehicle startups.