EVs

Trump admin stops illegal freeze of $5B EV charger funds after losing in court

Government & Policy /

The Trump administration has finally issued new guidance that states can use to dole out $5 billion in funding for electric vehicle charging infrastructure, after spending months withholding the money. A coalition of states sued over the funding freeze in the National Electric Vehicle Infrastructure (NEVI) program, which was one of the administration’s many attempts […]

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Trump administration stops illegal freeze of $5B EV charger funds after losing in court

Government & Policy /

The Trump administration has finally issued new guidance that states can use to dole out $5 billion in funding for electric vehicle charging infrastructure, after spending months withholding the money. A coalition of states sued over the funding freeze in the National Electric Vehicle Infrastructure (NEVI) program, which was one of the administration’s many attempts

Trump administration stops illegal freeze of $5B EV charger funds after losing in court Read More »

Ford throws out Henry Ford’s assembly line to make low-cost EVs in America

Transportation /

Ford said Monday it will invest $2 billion to transform its Louisville Assembly Plant into a factory capable of making a new generation of affordable EVs, starting with a mid-sized pickup truck with a base price of $30,000 that is slated to launch in 2027. This is not a standard factory upgrade. To reduce the

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SoftBank reportedly bought Foxconn’s Ohio factory for the Stargate AI project

Transportation /

The mystery buyer of the former General Motors factory owned by Foxconn in Lordstown, Ohio is apparently SoftBank, according to Bloomberg News. SoftBank wants to use the factory to build AI servers as part of the Stargate data center project being spearheaded by the Japanese conglomerate, OpenAI, and Oracle. The report comes just a few

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Foxconn sells former GM factory to mystery buyer after failing to make EVs

Transportation /

Foxconn has sold the former GM factory it has owned for three years after failing to stand up any meaningful, large-scale electric vehicle production there. The pivot marks the second major failure of Foxconn to deliver on its promises to help revive U.S. manufacturing. The iPhone-maker once promised to build a giant LCD factory in

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Ford to reveal more about its new low-cost electric vehicles on August 11

Transportation /

Ford is set to reveal more information about its upcoming low-cost electric vehicles at an event in Kentucky on August 11. And the company is talking a very big game: CEO Jim Farley said Wednesday that the announcement is “a Model T moment” for Ford. Farley made the comments after Ford revealed its electric vehicle

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Tesla profits pulled down by falling EV sales and regulatory credits

Transportation /

Falling EV sales combined with a lower average selling price, less cash from regulatory credits, and a decline in solar and energy storage revenue took a toll on Tesla’s bottom line in the second quarter of 2025. And a 17% growth in revenue in its services business, which includes capital generated from its Supercharging network,

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Nevoya raises $9.3M as its EV truck fleet reaches cost parity with diesel

Transportation /

Los Angeles-based Nevoya came out of stealth last year with the ambitious goal of breaking the EV truck adoption logjam. Nevoya made enough progress on its goal to attract investors — and a $9.3 million seed round — to help it move even faster. The young company, which buys electric trucks and offers them to

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Lucid Air owners will be able to use Tesla Superchargers from July 31

Transportation /

Owners of the Lucid Air sedan will be able to charge their luxury EVs at thousands of Tesla Supercharger stations in North America starting July 31, nearly two years since the automakers reached an agreement. But there is a notable caveat: Lucid Air vehicles won’t be able to charge as fast as Tesla vehicles. Lucid

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Lucid Air owners will soon be able to use Tesla Superchargers — but there’s a catch

Transportation /

Owners of the Lucid Air sedan will be able to charge their luxury EVs at thousands of Tesla Supercharger stations in North America starting July 31, nearly two years since the automakers reached an agreement. But there is a notable caveat: Lucid Air vehicles won’t be able to charge as fast as Tesla vehicles. Lucid

Lucid Air owners will soon be able to use Tesla Superchargers — but there’s a catch Read More »