Electric vehicles

The big picture

Clean trucks are paving the road to the electric vehicle era

The impact of the pandemic on e-commerce is adding to the urgency.

Dec 4, 2020 - Economy & Business
Electric vehicles are coming, but no one is sure how fast

Their adoption is one variable affecting the future of oil demand and carbon emissions.

Dec 19, 2019 - Energy & Environment
Transportation's looming overhaul

"It’s a gamble based on what you think will happen, but if you don’t do anything, then for sure you’re out of business."

Oct 18, 2019 - Energy & Environment
Deep Dive: The great auto disruption

Few changes in modern life will hit in more radical ways than how we get around.

Oct 27, 2018 - Energy & Environment
Putting Elon Musk’s Tesla into climate change perspective

Electric cars are a pretty small part of the climate puzzle.

Updated Aug 27, 2018 - Energy & Environment

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Ben Geman, author of Generate
18 hours ago - Politics & Policy

Biden, top automakers aim for 50% electric vehicle sales by 2030

Photo: Anna Moneymaker/The New York Times/Bloomberg via Getty Images

The White House on Thursday is unveiling draft mandates and aspirational targets aimed at drastically cutting vehicle carbon emissions and accelerating the shift to electric models.

Why it matters: Transportation is the largest source of U.S. emissions.

An e-scooter that drives like a motorcycle for city commuters

The sleek and simple Zapp i300 is designed for urban commuters. Photo: Zapp

A new high-performance electric scooter is being billed as the transportation solution for urban residents who want an EV but don't have dedicated parking and can't exactly hang a charging cable out their apartment window.

What's happening: The $7,495 Zapp i300 is positioned as a daily commuter vehicle for urban dwellers — offering the convenience of a scooter and the performance of a motorcycle. Debuting this month in Paris, it's headed to Asia and the United States next year.

DHL to add Eviation's electric cargo planes to its fleet

DHL Express's electric cargo plane. Image: Courtesy of DHL Express

Logistics provider DHL Express is adding electric cargo planes to its fleet, becoming the first customer for Eviation, a Seattle-based electric aviation company.

Why it matters: As delivery on demand explodes, shipping and logistics providers like DHL are under pressure to make every mode of their operations more sustainable — aircraft, trucks, last-mile delivery vans, and even their buildings.

Revel launches all-electric, all-employee ride-sharing service in NY

Revel's fast-charging Superhub in Brooklyn. Photo: Revel

Revel is launching a new ride-hailing service in New York City today that sets itself apart from Uber and Lyft: every car is a Tesla, and all the drivers are employees.

Why it matters: Revel's business model will test whether EVs are up to the challenge of nonstop service and whether gig workers are the only way a ride-hailing service can expect to make money.

  • While Uber and Lyft say they intend to shift their networks to EVs, they've fought attempts by drivers to seek employee status — and the pay and benefits that come with it.

Driving the news: Revel will begin with 50 custom-painted Tesla Model Ys available for pickups and dropoffs below 42nd Street in Manhattan.

  • Unlike the traditional ride-sharing model, the cars will be owned and maintained by Revel, and they are licensed by the New York City Taxi and Limousine Commission.
  • It's launching with 150 drivers and fleet maintenance operators, all of whom will be employees of the company, with guaranteed wages and access to benefits.
  • The cars will be charged at Revel's new fast-charging "Superhub" in Brooklyn, which has 25 Level 3 fast-chargers available for public use.

Between the lines: Revel, which already rents thousands of electric mopeds and e-bikes in New York, sees itself as part of a movement to electrify transportation. But the lack of charging infrastructure in big cities is a hindrance, says CEO and co-founder Frank Reig.

  • "The real issue here, in cities like New York, is that if we're going to electrify rideshare and push EV adoption, there’s a huge missing ingredient. There is no charging infrastructure in cities. It doesn’t exist."
  • "It needs to be built, and it needs to be built now or else no city will meet their electric vehicle target. None of them will," Reig tells Axios.

What to watch: Reig says Revel can be profitable because EVs have lower operating costs and because it is focused on dense urban areas where utilization is high and ride-sharing prices are "rational."

Biden officials celebrate infrastructure deal in fuel-cell big rig

White House national climate adviser Gina McCarthy and Energy Secretary Jennifer Granholm celebrated progress on President Biden's infrastructure package by taking a spin in a Kenworth fuel-cell, zero-emissions Class A truck.

What they're saying: "We have a deal, a Bipartisan Infrastructure Framework deal," Granholm said. McCarthy responded: "it's big and it's beautiful."

Nikola electric trucks founder charged with securities fraud

Photo: Alexander Pohl/NurPhoto via Getty Images

Trevor Milton, the founder of electric truck startup Nikola, was charged Thursday on three counts of fraud stemming from federal prosecutors' investigation of allegedly inaccurate or misleading statements the company made to investors.

Driving the news: The Securities and Exchange Commission — which filed a complaint alongside a grand jury indictment from federal prosecutors in Manhattan — accused Milton of engaging in a "fraudulent scheme to deceive retail investors about Nikola’s products, technical advancements, and commercial prospects for his own personal benefit."

One-on-one with Peter Rawlinson, CEO, Lucid Motors

Peter Rawlinson. Photo: David Paul Morris/Bloomberg via Getty Images

The pressure is on for Lucid Motors. Shares of the electric vehicle company closed up more than 10.6% on its first day of trading on Monday.

Why it matters: Lucid has yet to deliver any cars. The company went public by merging with a SPAC, Churchill Capital Corp. IV, in part to get enough cash to start production.

Dan Primack, author of Pro Rata
Jul 27, 2021 - Energy & Environment

The charging travails of driving a non-Tesla EV

Illustration: Aïda Amer/Axios

America is moving toward an electric vehicle future, but the present infrastructure can be maddening for those who own an EV. Particularly if that EV isn't made by Tesla.

Why it matters: President Biden's infrastructure proposal includes billions of dollars for EV charging, in an effort to replicate the ubiquity of gas stations.

Ben Geman, author of Generate
Jul 26, 2021 - Energy & Environment

What to watch when Tesla reports earnings

Expand chart
Data: FactSet; Chart: Will Chase/Axios

Tesla is expected to report an eighth consecutive quarterly profit after markets close today, but still faces big questions despite showing it's now consistently in the black.

Why it matters: The company dominates U.S. electric car sales and is a leading player globally too, so its fortunes are both a business story and a climate story.

Ben Geman, author of Generate
Jul 9, 2021 - Energy & Environment

Auto giant Stellantis makes its move on EVs

Illustration: Sarah Grillo/Axios

The huge automaker Stellantis — whose brands include Dodge, Peugeot, Jeep, Citroën, Opel and more — is pouring over $35 billion into vehicle electrification efforts through 2025, it announced Thursday.

  • They include an EV from Dodge, the North American performance division, coming in 2024. (Slogan: "Tear Up the Streets… Not the Planet.")

Why it matters: The company, formed via the recent merger of Fiat Chrysler Automobiles (FCA) and PSA Group, is the world's fourth-largest automaker.

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