Their adoption is one variable affecting the future of oil demand and carbon emissions.Dec 19, 2019
Analysts remain in the dark about the future of the vehicles.Nov 22, 2019
"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
Few changes in modern life will hit in more radical ways than how we get around.Oct 27, 2018
A new pact to speed deployment of zero-emission trucks, vans, buses and other big vehicles that move lots of people and objects around was unveiled by 15 states plus D.C. this morning.
Why it matters: The new "memorandum of understanding" is non-binding, but it sets aggressive targets, and provides a template for working together on emissions from industries that often operate across state lines.
These are heady days for electric vehicle companies, with a lack of actual car production becoming a popular norm.
Why it matters: The capital infusion is the latest in a busy stretch of deals and market moves that suggest private investors and equity markets see big potential in technologies that now represent a tiny slice of the global vehicle fleet.
Tesla CEO Elon Musk told a Chinese audience the carmaker is on the verge of developing fully self-driving cars, Bloomberg reports.
Why it matters: It's a claim he's made many times before, but has yet to deliver, so take it with a grain of salt.
Fisker, one of the many electric-vehicle startups with big plans to make cars but no actual production yet, could soon become a public company.
Why it matters: If Fisker has a successful public launch, it'll be yet another sign that the market hive-mind sees something in electric-vehicle startups that aren't yet reflected in their actual financials.
Electric vehicle company Rivian announced Friday the close of a $2.5 billion funding round.
Why it matters: It's another sign that the Michigan-based company is very well-positioned among the suite of electric vehicle startups with vehicles heading to the market.
Volvo’s VC arm is investing in the blockchain tech firm Circulor as the company looks to expand its work on tracing the cobalt used in electric car batteries to include other materials too, Volvo said Wednesday.
Why it matters: Extraction of cobalt and other materials in the battery supply chain is linked to human rights abuses, so ethical sourcing of materials is important.
Deploying electric vehicles instead of gasoline-powered models for services like Uber and Lyft provides outsized climate benefits compared to emissions cuts from electric vehicles for only personal use, per a peer-reviewed study in Nature Energy.
Why it matters: The analysis, based on California data, follows explosive growth in ride-hailing in recent years — and evidence that it's cannibalizing more climate-friendly mass transit.
Electric cars don't suffer a huge loss in range when equipped with autonomous driving technology, and there's potential to minimize the effects even further, a new peer-reviewed analysis in Nature Energy shows.
Why it matters: It comes as large automakers and startups are placing big bets on autonomous tech and charting different paths on what type of drivetrain to use.
Apple is adding a feature to its new iOS 14 phone operating system aimed at making it easier for EV drivers to find places to plug in.
Driving the news: "Electric vehicle routing adds charging stops along a planned route based on current vehicle charge and charger types," the company announced.
Hyundai Motor Group and battery heavyweight LG Chem are launching a global competition to find and finance battery and electric vehicle startups.
How it works: The "EV & Battery Challenge" aims to identify up to 10 startups to collaborate with and "develop proof-of-concept projects while leveraging the sponsors’ technical expertise, resources and laboratories."