Industry previews powering the future of electric vehicles

Electrification is impacting all mobile vehicle industries, from passenger cars to heavy trucks and city buses, to construction equipment and agricultural machinery. So manufacturers are developing and integrating a variety of new technologies such as electric motors and battery systems while determining how best to use them in tandem with …

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Twitter announces mass layoffs amid Elon Musk crisis reports

San Francisco-based social media tech titan Twitter laid off nearly a third of its recruiting team staff on Thursday afternoon, a staff cut that coincides with a new round of rebukes from Elon Musk regarding corporate spam bot data. As first reported by TechCrunch and confirmed by SFGATE, 30% of …

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Tesla Model Y Berlin Version Vs Shanghai Version: What’s the Difference?

Tesla has started producing Model Y crossovers at its brand new factory near Berlin, Germany. Before the European site went live, people from various parts of the continent were taking delivery of imported Model Ys made in China. Are there any notable differences between Tesla models produced in different factories? …

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Fisker Announces Fisker Finance℠, Offering Transparent Financing Options for Customers; Reaffirms Appointment of Retail Financing Partners | Company

LOS ANGELES–(BUSINESS WIRE)–July 7, 2022– Fisker Inc. (NYSE: FSR) (“Fisker”) – passionate creator of the world’s most sustainable electric vehicles and advanced mobility solutions – today announced Fisker Finance℠, a digital finance platform offering loan purchase options transparent and convenient 1 to Fisker customers. The company also reaffirmed the appointment …

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New Chase website connects consumers to electric vehicle tools and resources

NEW YORK–(BUSINESS WIRE)–Chase has launched a new website to help consumers discover, find and buy electric and hybrid vehicles. The High-Voltage Electric Vehicle (EV) Education Center provides content, tools, and frequently asked questions from Chase and other experts on the initial and ongoing cost of EV ownership, as well as …

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Laid-off Tesla workers file emergency plea, allege small severance package

SAN FRANCISCO, July 5 (Reuters) – Two fired Tesla employees (TSLA.O) filed an emergency motion on Tuesday to arrest the electric car maker for allegedly seeking severance deals for far less than required compensation by the law. As part of Tesla’s ongoing layoffs, he’s asked employees to agree to release …

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130 electric vehicle charging for schools in California, + EV program!

We are entering a new era and California is leading the way – as it has been for years decades. Everyone knows that the automotive market is becoming electrified and that electric school buses are slowly making their way into school bus fleets. The utility Pacific Gas and Electric Company …

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Nelnet acquires solar construction company GRNE Solutions

LINCOLNNeb. , July 5, 2022 /PRNewswire/ — Nelnet (NYSE: NNI) today announced a majority investment in affiliates of GRNE Solutions, LLC (GRNE), known as GRNE Solar, a leading engineering, supply and Solar Construction (EPC) in the Midwest. In addition, Nelnet acquired some solar assets from a subsidiary of GRNE, some …

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The Day – An electric revolution is underway, but revolutions are messy

The 21st century will be the century of electricity. We are in the midst of a profound electrification frenzy that will leave its mark – an electric mark – on every aspect of human activity. I thought so before I attended the Edison Electric Institute annual meeting and convention in …

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10 things we love about the new Lucid Air

Automakers have popped up like wild mushrooms over the past few years, and some of them have created some truly amazing and innovative vehicles. Brands like Canoo, Genesis and Karma are just a few of them. However, there is one brand that has had quite an impact, especially since its …

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Volkswagen launches electrification as a service (EaaS) for fleets

Volkswagen Financial Services has launched the new “Electrification as a Service” (EaaS) in Europe to support the decarbonisation of large fleets. Clients benefit from a range of advice and implementation from a single source across national borders. VWFS works with selected partners to provide EaaS. Volkswagen can thus offer a …

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Hyundai Ioniq 6 reveal, Cadillac Lyriq review, Toyota EV tax credit sunset: The reverse week

Why are electric vehicles as a group so prone to problems, according to a respected study? What could the EPA Supreme Court ruling mean for your electric vehicle‘s carbon footprint? Here’s our look back at the week inside out – right here at Green Car Reports—for the week ending July …

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Buick announces all-electric lineup by 2030

The push for all-electric vehicles is on, with automakers clamoring to add electric vehicles to their product lineup. Some manufacturers are even considering switching their entire portfolio to electric vehicles. General Motors plans to move to an electric lineup by 2035, pledging that Buick will go all-electric by 2030. It’s …

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South Korean police file Tesla ‘faulty’ door handle case

San Francisco, July 1 (IANS): A case of a “faulty” door handle from electric vehicle company Tesla owned by Elon Musk has been dropped by South Korean police, according to media reports. In June 2021, South Korean Citizens United for Consumer Sovereignty filed a lawsuit against Musk and Tesla …

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Workplace diversity policies targeted in shareholder disputes

Shareholders interested in corporate diversity and inclusion practices and workplace culture are increasingly turning to litigation as a tool to hold companies accountable. Lawsuits brought by shareholders claiming their investments are threatened by a poor work culture present a new area of ​​liability for companies that may have previously addressed …

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Tesla analysts cut EV delivery forecast after turbulent Chinese quarter

Elon Musk speaks at the opening of Tesla’s Giga factory in Berlin near Gruenheide, Germany, on March 22. Getty Images Tesla started the second quarter with a tear after starting 2022 with its biggest profit and highest vehicle deliveries in company history, fueled by booming business in China. But a …

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Euro Manganese will work with Stifel Nicolaus on the financing of the Chvaletice project

Canadian battery materials company Euro Manganese (TSX-V: EMN; Frankfurt: E06) has confirmed that it has begun the process of securing the financing it needs to develop its flagship high-purity manganese project in the Czech Republic. This will help the company move towards a final investment decision, which is expected in …

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When, where and how an electric vehicle is charged is very important. here’s why

The transportation sector accounted for approximately 29% of all greenhouse gas emissions in the United States in 2019, making it by far the largest source of emissions. And while other sectors and industries have seen their carbon footprint decline, emissions related to transport have actually increased in absolute terms between …

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Elon Musk reaches 100 minutes of Twitter followers

SAN FRANCISCO: As tech billionaire Elon Musk turns 51, his Twitter account has now passed the 100 million follower mark, making him one of only six people in the world to do so on the site from microblogging. Musk, billed as the world’s most successful entrepreneur and tech investor, joined …

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Average residential electricity price below 15¢/kWh in 2021 in most US states

As consumers begin to switch from gas-powered vehicles to electric vehicles (EVs), the price of electricity is becoming a new area of ​​concern for motorists. Although the focus is often on states with the highest electricity prices, most states (38 states plus the District of Columbia) had average residential electricity …

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GridMarket announces EV Transi – GuruFocus.com

NEW YORK, June 07, 2022 (GLOBE NEWSWIRE) — GridMarket is thrilled to announce that Coast Counties Peterbilt, a portfolio of Peterbilt truck dealerships in California, will deploy solar, battery storage and electric vehicle charging stations at four initial sites across the state. The projects have been facilitated and optimized thanks …

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Honda and Sony announce joint venture to build electric vehicles

Sony’s Vision-S concept car indicates the direction the new joint venture will take. picture by … [+] BEHROUZ MEHRI/AFP via Getty Images AFP via Getty Images Two industry heavyweights, one an automaker and the other a technology company, have collaborated to create a new company producing electric vehicles. Honda and …

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Black employee sues Tesla for racial abuse, demands new trial – VIBE.com

On Monday, Oct. 4, 2021, a San Francisco jury found that Owen Diaz, a former elevator operator at Tesla’s California assembly plant, was racially abused in the workplace and originally had to receive $137 million in compensatory and punitive damages. But the award has since been reduced to $15 million …

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Nickel is a key element in electric vehicles – but its exploitation has an environmental impact

Greg Dipple wants to turn nickel mine waste into large-scale carbon sinks. The idea, which he developed over two decades, would reduce the environmental impact of mining highly sought-after metals for electric vehicle batteries. “We can see a path to nickel mining in the future where it will produce a …

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Wisconsin plans to invest millions in federal funds to expand electric vehicle infrastructure

Wisconsin is set to receive nearly $79 million over the next five years to expand electric vehicle charging stations through the bipartisan federal infrastructure law. Now, state policymakers are tasked with developing a plan by August to expand access as the auto industry and utilities rapidly move toward an electrified …

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Tata Nexon EV fire: Center orders separate probe

Tata Motors has already ordered a “detailed investigation” into the incident of a Nexon EV which caught fire in Mumbai on Tuesday. Video of the incident, which was shared on social media platforms, has gone viral. By : HT automatic office | Updated: 24 June 2022, 08:20 A Tata Nexon …

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Which businesses have left California since COVID?

SAN FRANCISCO (KRON) — The Golden State has long been an epicenter of entrepreneurship — but that reputation has been under threat since the COVID-19 pandemic, when a host of economic and social forces came to a head and drove businesses make the decision to pack up and leave. A …

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Hydrogen cars: fuel cell electric vehicles explained

Electric and hybrid cars are growing in popularity, in part because they help reduce the amount of carbon emissions released into the atmosphere. But they’re not the only option for more eco-friendly driving. Hydrogen fuel cell electric cars sound like science fiction, but these vehicles have been around longer than …

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Regent to Develop Seaglider Transportation Network in Hawaii

Mokulele Airlines and Hawaiian Electric Industries (HEI) have partnered with Boston-based Regent Craft to explore the construction of a Seaglider transportation network in the state of Hawaii to drive innovation in the passengers and freight in support of a more resilient and sustainable transportation ecosystem for the State. Pacific Current, …

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Electric vehicles fly off dealer lots amid high gas prices

HOLYOKE, MA (WGGB/WSHM) – Skyrocketing gasoline prices are prompting more and more people to switch to electric vehicles. At Gary Rome Hyudai in Holyoke, there are no electric cars on the lot, thanks to increased demand. “It’s a learning curve for sure. It really is like a spaceship,” said Julian …

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Tesla sued by former employees for “mass dismissal” | CTV News

Former Tesla Inc employees have filed a lawsuit against the U.S. electric car company, alleging its decision to carry out a “mass layoff” violated federal law because the company failed to provide notice of job cuts. The lawsuit was filed Sunday night in Texas by two workers who said they …

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Kroger adds electric vehicle charging stations as part of sustainability drive

CINCINNATI (WXIX) – Kroger is adding electric vehicle charging stations to its stores across the country. The Cincinnati-based grocery giant is adding hundreds of electric vehicle charging stations to stores in select markets. The stations are the result of a collaboration with Blink, Electrify America, EVgo, Tesla and Volta. Ohio …

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Plenti partners with Good Car Company to provide EV financing

Fintech lender Plenti has signed a partnership with online electric vehicle retailer Good Car Company to provide customers with financing for the purchase of electric vehicles. Plenti CEO Daniel Foggo said his company will offer several financing options to Good Car Company customers, covering the upfront cost of electric vehicles. …

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Tesla’s Gigafactory in Berlin produces 1,000 Model Y electric vehicles a week

The $5.5 billion Tesla Berlin Gigafactory is the second manufacturing unit the electric vehicle company has built outside the United States. By : HT automatic office | Updated: 20 June 2022, 11:17 Tesla Model Y. ” title=”File photo of the Tesla Model Y. ” style=”width:auto;”/> File photo of the Tesla …

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Mullen announces the hiring of Ric

BREA, Calif., May 20, 2022 (GLOBE NEWSWIRE) — via InvestorWire — Mullen Automotive, Inc.. ( MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announced the hiring of Richard Curtis as President of International Operations for Mullen Automotive. Prior to joining Mullen Automotive, Curtis was President of …

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Musk Hints Tesla Could Bring ‘Enhanced Autopilot’ Back Worldwide

San Francisco, June 19 (IANS): Elon Musk hinted that Tesla could bring back “Enhanced Autopilot” for those interested in a more immersive semi-autonomous driving experience than Basic Autopilot, but aren’t willing to pay $12,000 for the Full Self-Driving suite ( FSD) the company’s most advanced. In early 2019, Tesla …

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More Cubans are turning to electric vehicles as the fuel and transportation crisis rages on

There is a new spectacle on the streets of Havana: electric vehicles are multiplying among the old American cars so emblematic of the Cuban capital. As fuel shortages and US sanctions take their toll, and even though power generation can be spotty, Cubans are turning to smaller, cheaper alternatives. “Gasoline? …

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Tesla layoffs also impacted hourly workers: Report

Posted: Date Posted – 12:00 PM, Sat – Jun 18, 22 San Francisco: Elon Musk-owned electric vehicle company Tesla has launched a new round of layoffs, and this time it also includes hourly workers instead of just salaried employees, as the CEO claimed. Informed sources confirmed that Tesla launched another …

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Kia is expanding its EV plans; Addition of one per year until 2029

Kia will launch a 576-hp GT variant of its EV6 battery-electric vehicle later this year, giving chase to the high-performance version of the Tesla Model Y. But that’s just one of the all-electric models the southern automaker -Korean will bring to the American market this decade. Kia has confirmed that …

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NWA EDITORIAL | THURSDAY’S THUMBS: Chick-fil-A Traffic, Electric Cars, and a Community College Exit

It’s Thursday and another opportunity to pull a few thumbs up or down on some of the news developments in our corner of the country and elsewhere: [THUMBS UP] We were pleased to learn that the Chick-fil-A store north of Fayetteville, up there in the mall with Barnes & Noble …

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Autonomy extends to another California market

Autonomy continues to expand in the Golden State. The electric vehicle subscription company – which claims it’s the “cheapest, fastest and easiest way to get a Tesla Model 3” – said in a press release on Wednesday that its services had been launched in Bakersfield, California. Autonomy launched in Los …

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Vinson & Elkins report outlines challenges and opportunities for financing the future of electric vehicle charging infrastructure

NEW YORK and HOUSTON, June 14, 2022 /PRNewswire/ — According to the latest Vinson & Elkins report, Power Play: The State of EV Charging Station Fundingthe continued adoption of electric vehicles (EVs) is creating new financing models to support needed charging infrastructure. The report is based on market overview experienced …

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This road wirelessly charges electric cars as they drive

As prices fall and availability increases, some of the final barriers to mass adoption of electric vehicles are range anxiety and charging times. But one prototype test track in Italy solves these two problems by using the same technology that makes it easy to charge your smartphone wirelessly. Although early …

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Can’t find an electric car to buy? It’s partly our fault

As the United States belatedly jumps on the electric vehicle bandwagon and people everywhere scramble to find cars on dealer lots, potential buyers in New Hampshire face a self-imposed hurdle with an awkwardly named: ZEV/LEV. This acronym, which stands for zero- and low-emission vehicles, describes a clean air program originated …

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Automotive Glass Regulator Market To Hit $8 Billion By

New York, United States, June 13, 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “automotive window regulator market Analysis by Type (automatic, semi-automatic and manual), by Technology (single arm, X-arm and others), by propulsion (ICE vehicle and electric vehicle), by sales channel (OEM …

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Why are electric vehicles like the Cadillac Lyriq and GMC Hummer so heavy?

More and more car buyers are opting for electric vehicles over their gas-powered counterparts is no surprise given the benefits of electricity. Electric vehicles are cheaper to own, cheaper to consume, better for the environment, and you even get tax credits for buying them, among other benefits. However, one thing …

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The Future in Motion Since 1998™

Jun 12, 2022 14:58:28 UTC TODAY IN OUR EV WORLD Electric Classic Mini is London’s coolest new cabin June 09, 2022 | Excerpt from CityAM “In place of the traditional A-series motor, Oxford-based electric vehicle conversion specialist Electrogenic have inserted batteries and a Hyper 9 electric motor. Maximum power can …

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How trucks became the new symbol of American luxury

Morgan Korn, ABC News (NEW YORK) — Isaac Marchionna was always a loyal SUV owner until he transformed his Toyota 4Runner into a Ford F-150 Raptor, a massive 450 horsepower, 510 lb-ft of torque truck, there. three years old. Marchionna, who lives in Oregon, originally bought the $72,000 pickup to …

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Lucid Air Dream owner calls it the Ferrari of electric cars

Howard Levitt is a well-known Canadian lawyer. Levitt Sheikh’s senior partner gives legal advice every Sunday on his iHeart radio show and is also credited with being forced to abandon his 2010 Ferrari California in an underpass on Lower Simcoe Street after that. flooded in a thunderstorm in 2013. Attracted …

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Consider one of the best new luxury electric cars of 2022

Electric cars have become a popular option for drivers looking for something that offers modern functionality, technology and efficiency. Every year the market for new electric vehicles becomes more competitive, and 2022 could be the most impressive. If you want a stunning new luxury electric car, here are the 10 …

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Polestar begins delivery of “Polestar 2” electric vehicles to Hertz

Polestar has started delivering new Polestar 2 electric cars to Hertz. Currently, Hertz is already rolling out the Tesla Model 3 and Tesla Model Y, and plans to roll out 65,000 Polestar vehicles in five years. (Photo: TOBIAS SCHWARZ/AFP via Getty Images)Visitors view a Polestar 2 car at the International …

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Why Core Labs shares fell more than 10% today

What happened Few investors wanted to experience ownership Main laboratories (NYSE:CLB) stock on Thursday. This is because the oil tank service company is looking for new financing, and these investors are not happy about it. As a result, Core Labs stock closed just over 10% lower on the day. So …

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Ex-Tesla employee has two weeks to raise $15 million for racism

A black former Tesla employee who won a racial discrimination lawsuit against Elon Musk’s electric car maker has two weeks to seek his $15 million settlement, according to court documents. Last October, a jury in federal court in San Francisco ordered Tesla to pay Owen Diaz a total of $137 …

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California truckers can now convert their big diesel rigs to hydrogen electric power

ROCHESTER, NY – Truck drivers in California now have the option to convert their older diesel rigs to fuel cell electric trucks. Hyzon Motors, which develops zero-emission hydrogen fuel cell electric utility vehicles, announced on Tuesday that the California Air Resources Board has certified its Class 8, 7 and 6 …

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Helvetia successfully issues two senior bond tranches for a total of CHF 400 million

Helvetia Holding AG / Keyword(s): BondHelvetia successfully issues two senior bond tranches for a total of CHF 400 million 08.06.2022 / 07:00 Press releaseSt. Gallen, June 8, 2022 Helvetia successfully placed two senior bond tranches totaling CHF 400 million on the Swiss capital market. Helvetia will use the funds for …

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Photos: Charged Up festival raises awareness of electric vehicles in Calgary

Rows of electric vehicles and tents set up at the Charged Up eclectic vehicle festival in the East Village on Saturday, June 4, 2022. ARYN TOOMBS/FOR LIVEWIRE CALGARY Speaking directly to the current discussion about climate change in Calgary, the Charged Up festival brought future electric vehicle drivers into direct …

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How a single part could change the automotive industry

The wiring harness is a low cost car part that connects the wires together. But producing the parts caused problems in the auto industry. Some predict that this simple piece could accelerate the shift from gasoline-powered cars to electric cars. The war in Ukraine has limited the supply of the …

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3 stocks to watch in the coming week: Tesla, Apple, DocuSign

1.Tesla Shares of Tesla Inc (NASDAQ:) will remain in the spotlight after CEO and co-founder Elon Musk told employees in an email that it was time for the electric car maker to tighten its belts and prepare for a tough race. Tesla plans to cut its workforce by about 10%, …

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Michigan sees opportunities in shift to electric vehicles

From wildfires driving out California residents to freezing water pipes in Texas to a scorching heat wave endangering lives in India, our planet is heating up and the daily impacts of climate change are getting harder to ignore. . In addition to impacting the way we live, climate considerations are …

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Here’s why the new electric DeLorean is so great

The DeLorean is back DeLorean Motor Company CEO Joost de Vries walks into The Fox Garage to talk about rebooting the legendary brand with electric cars NEWYou can now listen to Fox News articles! The DeLorean Motor Company is back, but not exactly as you might remember it. The classic …

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Exclusive: Elon Musk wants to cut 10% of Tesla jobs

Tesla employed around 100,000 people at the end of 2021 Musk warned staff on Tuesday to return to the office or leave US leaders seem increasingly gloomy on the economy SAN FRANCISCO, June 3 (Reuters) – Tesla (TSLA.O) CEO Elon Musk has a “super bad feeling” about the economy and …

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Tesla to cut 10% of staff over ‘bad feelings’

Photo: Christian Marquart (Getty Images) Tesla boss Elon Musk told executives at the electric car maker he needed to cut staff dramatically, Ford outlined plans for a $3.7 billion investment in electric vehicles and Stellantis was charged for selling vehicles that do not meet emission standards. All this and more …

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omega seiki Mobility: electric vehicle manufacturer Omega Seiki Mobility partners with Grip Invest and plans to lease 5,000 electric vehicles by 2023

Electric vehicle manufacturer Omega Seiki Mobility has formed a strategic partnership with Grip Invest for lease financing to retail investors, with the aim of meeting the growing demand for electric vehicles in the last-mile delivery segment. As part of the collaboration, Grip Invest, which is a digital platform to facilitate …

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Students built a solar charging station that powers electric vehicles with 300 watts

A team of University of Illinois at Chicago students built a solar-powered charging station to ensure an on-campus food truck makes emissions-free deliveries, according to a press release from the University. university. The involvement of students in projects inside the university is not something new. However, the UIC students did …

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Elon Musk tells Tesla executives to get back to the office

Placeholder while loading article actions SAN FRANCISCO — Elon Musk appears to be telecommuting. The CEO of Tesla and SpaceX sent an email to employees of both companies on Tuesday saying everyone must spend 40 hours a week in the office. “If you don’t show up, we’ll assume you quit,” …

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How the Ford F-150 Lightning electric pickup can power your home for 10 days

Turning a Ford F-150 Lightning into a backup generator means you can keep the lights on during power outages. Here is the additional equipment you will need to use the EV battery to power a home. Spend an afternoon driving the Ford F-150 Lightning through the vineyards and redwood-shaded back …

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opportunities in virtual power plants – pv magazine USA

Jigar Shah reflects on the challenges of realizing a carbon-free power grid and how emerging Virtual Power Plant, or VPP, technology can turn those challenges into opportunities for all Americans. May 31, 2022 Jigar Shah The Distributed Energy Resource – DER – consumer market is poised to flourish. Solar Energy …

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Northeast State Receives $349,340 Grant for Electric Vehicle Technology | Company

BLOUNTVILLE — The National Science Foundation recently awarded Northeast State Community College a $349,340 grant to integrate electric vehicle (EV) technology into the college’s current automotive programs. The project is funded by NSF’s Advanced Technology Education Program which focuses on training in areas of advanced technology that drive the nation’s …

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Self-driving cars are coming, but not there yet.

Distracted driving, speeding, drink-driving and reckless driving are the four main causes of accidents. If we could eliminate these and other driver-related factors, the number of accidents would drop significantly. (Photo: Andrei Popov/Adobe Stock) When cars were invented, horses were replaced by engines; the saddles have been replaced by seats; …

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Tata Motors Ltd Tata Motors Lim – Consensus indicates 18.2% upside potential

Tata Motors Ltd Tata Motors Lim with ticker code (TTM) now have 2 analysts covering the stock with the consensus suggesting a buy rating. The target price ranges between 38.2 and 28 by calculating the average target price we have 33.1. Now, with the previous closing price of 28.01, this …

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Elon Musk advises Jeff Bezos to party less, work more

By IANS SAN FRANCISCO: Tech billionaire Elon Musk on Saturday advised Amazon founder Jeff Bezos to party less and work more if he wants to get to orbit. When asked by a Twitter user if Bezos was a good person, the Tesla CEO said he was “fine.” “He’s fine I …

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Genesis maintains the GV60 tax credit on leases

Genesis reserves a $7,500 tax credit when consumers lease the all-new GV60. Although the high-tech luxury crossover is the brand’s first electric vehicle, dealer incentive bulletins reveal that leasing a GV60 can be a bad idea if you’re looking to get the best deal possible. Unfortunately, this may not be …

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EV Electric startup Last Mile warns it could run out of cash in June

Electric Last Mile Solutions Inc. warned on Friday that it could run out of cash in June, at least a month earlier than expected, unless it can raise additional capital. The latest projections reflect higher costs in a number of areas, including employee retention and supplier payments, the Troy, Michigan-based …

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Simple Energy postpones deliveries of the Simple One scooter to September. here’s why

Simple Energy has received around 55,000 pre-bookings for its Simple One e-scooter and previously said deliveries would begin in June. By : HT automatic office | Updated: 27 May 2022, 10:46 File photo of the Simple One electric scooter. Simple Energy has pushed back deliveries of its Simple One electric …

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Twitter shareholders sue Musk, say he ‘deflated’ stock price

(AP) — Twitter shareholders have filed a lawsuit accusing Elon Musk of engaging in “unlawful conduct” aimed at casting doubt on his bid to buy the social media company. The lawsuit filed Wednesday night in the U.S. District Court for the Northern District of California alleges that Tesla’s billionaire CEO …

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US automakers are investing in electric vehicle battery factories. Why?

Over the past year or so, automakers have committed billions of dollars to bolster their battery production. Ford is building a plant in Kentucky. General Motors is working with appliance maker LG to develop a battery plant in Michigan. Last week, Hyundai announced it was spending $5.5 billion on a …

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Autonomy’s Electric Vehicle Subscription Now Available in California’s Coachella Valley

autonomy, the electric vehicle subscription company which offers the cheapest, fastest and easiest way to get a Tesla Model 3, is expanding its electric vehicle subscription service to California’s Coachella Valley. The expansion into California’s iconic low desert will help ease consumer demand for an affordable green mobility option. This …

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Merchants Auto set to become the largest national operator of electric vehicle fleets

A New Hampshire car dealership is poised to become the nation’s largest electric fleet vehicle operator. Merchants Auto said the dealership is working with Ford, GM and other electric automakers to supply vehicles to businesses across the country. Tuesday at the New Hampshire Energy Innovation Conference at Derryfield School in …

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Cars, Trucks, SUVs Older Than Ever Like New, Used Prices Are Skyrocketing

Cars are getting long in the tooth. Driving the news: Average age of vehicles on the road hit record high for fifth consecutive year, reaching 12.2 years in 2022, annual report says report published today by S&P Global Mobility. Why is this important: Americans are adjusting to the confluence of …

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Nissan and Mitsubishi unveil electric mini-vehicles and test drives in the Metaverse

Japanese automakers Nissan and Mitsubishi have unveiled their first jointly developed mini electric vehicles, the Nissan Sakura and Mitsubishi eK, both built on the Kei EV platform. Nissan and Mitsubishi announced in the middle of last year that they were jointly developing a new electric “mini-vehicle” which would make its …

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Electric cars are cheaper to own in New Jersey than California

(Bloomberg) — Which is cheaper to buy, a gas-powered or electric car? The answer might surprise you. Whether new or used, gas-powered or purely plug-in, in recent months the Manufacturer’s Suggested Retail Prices (MSRP) on all cars in the United States have caused a serious sticker shock. In April, the …

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Start of Croatian government incentives for the purchase of electric vehicles

May 22, 2022 – Croatian government incentives for the purchase of electric vehicles have started, but precisely how to reach the magic number of 70,000 kuna? Like Poslovny Dnevnik writes, the Environmental Protection Fund is preparing this year’s public call for co-financing the purchase of more energy-efficient vehicles, which has …

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US-127 could be the target of electric vehicle charging – The Morning Sun

US-127 to mid-Michigan could become a federal alternative fuel corridor — offering plenty of electric vehicle charging options — according to a list submitted by state officials for federal funding. Governor Gretchen Whitmer said Tuesday Michigan has submitted seven nominations for new Alternative Fuel Corridors (AFCs), which are transportation routes …

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S&P 500 Closes Just Above Bear Market: Live Updates

Investors are reassessing the premise that justified Tesla’s astronomical stock price and made its founder, Elon Musk, the richest person in the world. Tesla’s $1 trillion valuation only made sense if investors believed the electric car company was on track to dominate the auto industry the way Apple rules smartphones …

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Analysis-Tesla brand threatened by harassment complaint from Musk, criticism of Democrats | The mighty 790 KFGO

By Hyunjoo Jin and Paul Lienert (Reuters) – Elon Musk has made a name for himself and Tesla by breaking the rules, but the billionaire’s latest comments on politics and a sexual harassment allegation against him that he says are false could hurt the brand in the eyes of some …

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Electric vehicles are leading the charge for electrification

Several groups are studying the impact of electrification on the US electrical system, including the National Renewable Energy Laboratory (NREL) in Colorado and its research partners, including the Electric Power Research Institute (EPRI), and national laboratories such as Lawrence Berkeley and Oak Ridge. NREL, as part of its study on …

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NADDC is working out long term payment plans with CBN for Nigerians wishing to own a car

The NADDC boss said the discussion with the CBN was aimed at working out a financing plan for Nigerians to own cars by spreading the payments over six years By Uzor Odigbo The National Automobile Design and Development Council has entered into discussions with the Central Bank of Nigeria (CBN) …

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Are electric cars really better for the planet?

Electric cars have been on the rise in recent years. More and more people are changing to reduce their emissions and be more environmentally friendly. As electric vehicles become available with longer ranges, even EV skeptics are turning to electric. Governments around the world are encouraging drivers to make the …

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Twitter loses three more senior employees before Musk takeover | Social Media News

All three chose to come out on their own, according to internal memos described to Bloomberg News. By Ed Ludlow and Kurt WagnerBloomberg Posted May 17, 2022May 17, 2022 Twitter Inc. is losing three more senior employees, including two vice presidents, reflecting uncertainty within the social media company as employees …

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Sila’s high-efficiency battery anode to power Mercedes-Benz’s electric SUV

A concept version of the electric Mercedes EQG in Munich, Germany, debuted in September 2021. DeFodi Images via Getty Images Mercedes-Benz plans to use a high-efficiency battery anode in a new electric SUV to be supplied by Sila, an upstart battery materials company led by an early Tesla engineer who …

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Rising credit costs, transaction prices slamming auto affordability, electric vehicle adoption

Lean inventory at a dealership in suburban Detroit, Michigan. Ed Garsten Monthly car loan repayments hit historic highs, transaction prices continue to climb and sticker prices lose relevance as car buyers‘ wallets are ravaged by the effects of the Covid-19 pandemic, including the low inventories, rising inflation and interest rates. …

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Israeli electric vehicle group REE to build $15m UK factory

Israeli electric vehicle start-up REE will open a factory in the UK and plans to double its workforce in the country, in one of the first manufacturing investments from the new wave of makers. Its $15million production plant in Coventry will be heavily automated with few direct jobs, but the …

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Tesla car owners have mined up to $800 a month in crypto assets with their hacked cars

Two Tesla car owners revealed in an interview with cnbc.com news that they had been mining crypto assets using their hacked Tesla electric cars on January 8. San Francisco-based Siraj Raval, owner of 2018 Tesla Model Mannequin 3, mined $800 a month in crypto assets with his hacked electric car. …

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America’s power grid has a $2 trillion problem

Bringing America to the goals of carbon-free electricity generation by 2035 and net-zero economy by 2050 with increased electric vehicle transportation and renewable energy installations will require massive investments in obsolete power transmission lines and the construction of thousands of kilometers of new lines. The undertaking is huge, and it …

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Minnesota’s professional car buyers offer tips for buying at the worst possible time

Maybe you walked into a car dealership looking for a new car in the last year – and the dealership didn’t have one. Maybe you went online looking for a used truck and were shocked at the price. You are not alone. Buying a vehicle in 2022 is more expensive …

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3 Best Electric Cars Still Eligible For $7,500 Electric Vehicle Tax Credit

Electric vehicles have many advantages, but one thing that keeps some car buyers away is their high price compared to gasoline-powered cars. However, in many cases, the expense is mitigated by the federal electric vehicle tax credit, which provides up to $7,500 back for qualifying models. Check out the top …

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AI for sustainability, billionaire bets against coal and Tesla amid falling sales in China

This week Current climatewhich every Saturday brings you the latest in sustainability business. Sign up to receive it in your inbox every week. Farmwise makes robots that weed vegetable fields to reduce the use of herbicides. At the farm Jthank you all you, loyal readers of the Current Climate newsletter. …

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Big rigs go electric as Navistar, Cummins and Daimler revive next-gen trucks

A Nikola Tre hydrogen fuel cell semi on display at the ACT Expo in Long Beach. Alan Ohnsman on Forbes The electric vehicle revolution is far bigger than the electric pickup from Teslas and Fords, as the world’s leading heavy-duty truck and powertrain manufacturers, including Navistar, Daimler, Cummins, Hyundai and …

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Autonomy expands electric vehicle subscriptions to Fresno, unlocking green mobility accessible to more Californians

SANTA MONICA, Calif.–(BUSINESS WIRE)–Autonomy, the electric vehicle subscription company that offers the cheapest, fastest and easiest way to get a Tesla Model 3, has expanded its services to Fresno and surrounding cities, the company announced. society today. Increasing electrification in Fresno County is seen by the Fresno Council of Governments …

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Report: Electric vehicle registrations increase by 60% in the first quarter of 2022

Electric vehicle (EV) registrations jumped 60% in the first quarter of 2022, representing a record 4.6% of all new vehicle registrations in the United States, according to financial data firm Experian. According to Automotive News, Experian reported that 158,689 new electric vehicles were registered in the first three months of …

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Musk says he’ll stay at Tesla as long as he’s useful

SAN FRANCISCO: Tesla Inc CEO Elon Musk said yesterday he would stay with the electric car company as long as he was useful amid investor concerns that buying Twitter would distract him from his job at Tesla. He also said China’s Covid-19 lockdown measures would not be “a significant issue …

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Arcimoto appoints Chief Product Officer and Chief

EUGENE, Ore., May 10, 2022 (GLOBE NEWSWIRE) — Arcimoto, Inc.® (NASDAQ: FUV), maker of right-sized, incredibly fun, and ultra-efficient electric vehicles for moving people and things, named Lynn Yeager as Chief Experience Officer and Dwayne Lum as Chief Product Officer. “I am thrilled to welcome Lynn and Dwayne to Arcimoto, …

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Nikola Stock: Enough punishment (NASDAQ:NKLA)

Nikola Stojadinovic/E+ via Getty Images Nikola Shares (NASDAQ: NKLA) fell back into a downtrend after a brief spike near $12 in late April, but the excitement has since faded due to a broader market selloff driven by macro growth headwinds. Nikola remains a potentially worthwhile EV investment in the heavy-duty …

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Volkswagen has already sold electric cars in key markets this year

“We’re not burnt out because we can’t build cars…we’re really burnt out for electric cars because the demand is higher than expected,” CEO Herbert Diess told the Financial Times at its automotive conference on Monday. Last week the company, which owns several brands including Porsche and Audi, said it had …

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Make Tesla cars in India, advises Adar Poonawalla to Musk

It was reported that Tesla wanted to enter the Indian market, but roadblocks hampered its entry. The world’s richest man, Elon Musk, received advice from an unlikely neighborhood on Sunday. Adar Poonawalla, CEO of Serum Institute of India (SII), in a tweet advised him to start manufacturing Tesla cars in …

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GM stock is a buy, though the company needs to do more to challenge Tesla

General Motors has big ambitions and cheap stock. This could be a winning combination for investors. But to achieve this, the pace of the giant automaker’s electric car launches must catch up with the speed of its statements about them. Investors give less credit to slides and press releases, says …

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Congresswoman Barragán and LACI All “EVs For All Act” to Bring Electric Car Sharing and Charging to Public Housing Residents Nationwide, Join Residents in Highlighting Benefits of Car Sharing Pilot Project zero emission LACI in Rancho San Pedro | National

SAN PEDRO, Calif.–(BUSINESS WIRE)–May 6, 2022– Congresswoman Nanette Díaz Barragán (CA-44), author of the EVs For All Act (HR 6662) that would provide residents of 50 public housing projects nationwide with access to zero-emission cars and infrastructure for charging (alternative stations), joined San Pedro voters and Los Angeles Cleantech Incubator …

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Electric vehicles: what Kiwis spent on electric vehicles until March

A battery of Teslas arriving at Auckland Docks in January. Photo / John Barker, Senior Pilot at Auckland Ports Imports of electric vehicles doubled in the year to March, according to new figures from Statistics New Zealand. But sales tumbled in April as incentives changed shape, Tesla’s price hikes ate …

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Penske adds high-powered electric construction trucks from Orange EV to its fleet offering

Penske Truck Leasing today announced that it will be adding a series of Orange EV electric terminal trucks to its fleet of electric rental vehicles in the United States. Orange EV manufactures powerful terminal trucks suitable for trailer handling operations in truck parks, warehouse and distribution centers, container terminals and …

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Tesla Model 3 theft attempt in San Francisco highlights importance of pin code for driving

Credit: Reddit An unfortunate incident that recently occurred in San Francisco, California highlights the importance of one of Tesla’s lesser-known security features – PIN to Drive. The incident happened a few days ago when a woman on drugs or suffering from a schizophrenic episode (or both) tried to steal a …

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Why ChargePoint shares fell 35% last month

What happened Anyone investing in the electric vehicle (EV) sector should expect volatility. Most of these businesses are building for the future and are not yet profitable. April was a bad month for the market in general, as the S&P500 fell 8.8%. But more volatile and risky growth names like …

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High Gas Prices Boost Interest in Electric Vehicles

OWhen Eric Dirksen received his first electric car in December, a new Tesla Model Y, he had no idea gas prices would skyrocket a few months later. But with fuel costing around $4.20 a gallon on average this week, he’s happy with the decision. “Very lucky at the time,” he …

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0-60 to catch you speeding

Police departments in the United States have long used cars with big, powerful engines, like the Chevy Impala and Ford Explorer. However, recently police departments have switched to electric cars, such as Tesla. The latest to join the wave of electric police cars is in Texas, where Dallas County has …

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Management’s Discussion and Analysis Ally Financial Inc. • Form 10-Q, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations

Caution Regarding Forward-Looking Statements and Other Terms From time to time we have made, and in the future will make, forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical …

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