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

All Electric vehicles stories

Electric vehicles cost more to buy, but less to own

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Reproduced from Energy.gov; Chart: Axios Visuals

Electric cars are still more expensive to purchase than gasoline models, but they're considerably cheaper to maintain.

Dan Primack, author of Pro Rata
Jun 16, 2021 - Economy & Business

Unpacking the Lordstown Motors fiasco

Illustration: Sarah Grillo/Axios

Lordstown Motors is the quintessential business fiasco. Equal parts hubris, political pandering and regulatory failure.

Why it matters: There's no indication that anyone will learn their lesson, except perhaps for some random retail investors who didn't diversify.

Ben Geman, author of Generate
Jun 16, 2021 - Energy & Environment

GM accelerates electric vehicle plans with billions more in investment

Illustration: Sarah Grillo/Axios

General Motors plans to boost its cumulative investment in electric and autonomous vehicles to $35 billion from 2020-2025, a significant jump from a $27 billion target.

Driving the news: GM said this morning that the initiative will include building two new battery cell manufacturing plants in addition to the two already under construction in Tennessee and Ohio.

Lordstown Motors faces a leadership shakeup amid financial troubles

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Data: FactSet; Chart: Axios Visuals

Another day, another development in the Lordstown Motors saga.

  • What's new: The buzzy electric vehicle company's CEO and CFO are out.
Ben Geman, author of Generate
Jun 9, 2021 - Energy & Environment

EVs are surging, but not enough to meet climate goals

Data: BloombergNEF; Chart: Sara Wise/Axios

A new analysis finds the outlook for electric vehicle deployment is "getting much brighter," but it's off pace for meeting aggressive midcentury targets for cutting carbon emissions from transportation.

Why it matters: The research firm BloombergNEF provides closely watched analyses on the evolution of the battery-electric and fuel cell sector — not only passenger cars but also buses, heavy trucks and more.

Ben Geman, author of Generate
Jun 8, 2021 - Energy & Environment

White House vows new moves to shore up battery supply chain

Illustration: Shoshana Gordon/Axios

The White House is pledging a multi-agency push to spur more U.S. battery manufacturing and sustainable mining — both domestically and abroad — of raw materials used in battery tech.

Why it matters: The administration wants to speed U.S. market growth of electric cars and grid storage, but a global scramble for batteries and materials poses hurdles for companies and governments alike.

Ben Geman, author of Generate
May 28, 2021 - Energy & Environment

Lucid Motors CEO says its tech could push EVs mainstream

Photo illustration: Annelise Capossela/Axios. Photos: Lucid Motors

Lucid Motors CEO Peter Rawlinson is about to start producing a high-performance luxury electric sedan that costs far north of $100,000, yet claims Lucid can help EVs become an affordable mass-market — and wants federal help.

The big picture: "My passion, and the vision and the mission for the company, is to truly mass industrialize the electric car, the electric powertrain in a way that no one has done," Rawlinson said in an interview in Washington, D.C.

Ford says it will invest $30 billion in electric vehicles by 2025

Ford's new electric F-150 Lightning outside of its headquarters in Dearborn, Michigan on May 19. Photo: Jeff Kowalsky/AFP via Getty Images

Ford announced Wednesday plans to invest $30 billion in vehicle electrification efforts by 2025, and the company said it anticipates that 40% of its global sales by 2030 will be fully electric vehicles, per a news release.

Why it matters: Ford CEO Jim Farley said the new initiative — called "Ford+" — is the company's largest opportunity for growth since "Henry Ford started to scale the Model T," signaling just how lucrative Ford leaders think the electric vehicle market will become.

Ben Geman, author of Generate
May 17, 2021 - Economy & Business

Ford's electric F-150 reveal is a pivotal EV moment

Data: Cox Automotive; Chart: Sara Wise/Axios

Ford Motor Co. will take the wraps off the electric version of its popular F-150 pickup truck on Wednesday night.

Why it matters: It's a big moment in the young movement toward pickups with a plug — and for electric vehicles more broadly.

Energy Secretary: Clean energy tech boosts economic and national security

Photo: Axios

Investing in clean energy technologies is crucial to America's economic vitality and security, Energy Secretary Jennifer Granholm said at Axios virtual event on Thursday.

Why it matters: Clean energy technology is a $23 trillion global market.

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