Electric Mobility News
California, Texas Pension Funds Among New Investors In EV Startup Rivian
CalPERS, which has approximately $492 billion under management, bought slightly more than 305,000 shares in the company, while the $191 billion Teacher Retirement System of Texas fund took a position of about 33,000 shares in the company.
Zenobe Signs Deal With UK's National Express For 130 Electric Buses
Feb 27, 2022 12:53 AM
The buses, made by NFI Group unit Alexander Dennis Limited (ADL) with powertrain and motor supplied by BYD Co Ltd, will be run by National Express in the British city of Coventry.
Thailand Approves Incentives To Promote EV Shift
Feb 27, 2022 12:39 AM
In the first two years, the measures will focus on encouraging widespread domestic use of EVs by providing tax breaks and subsidies for imported models and those made locally, he said.
EV Startups Hunt For An Edge As Big Automakers Roll Out Vans And Trucks
Feb 27, 2022 12:33 AM
Spurred on by looming bans on combustion engines in China and Europe, major automakers are striving to bring their commercial electric vehicles (EV) to market fast and ensure they don't get caught out again by another Tesla.
GM Extends EV Bolt Production Halt But Plans To Soon Resume Sales
Feb 27, 2022 12:29 AM
GM said it planned to resume production of the Bolt at its Orion Township, Michigan plant the week of April 4.
Volkswagen Expects Chip Shortage To Ease Later In 2022
Feb 27, 2022 12:14 AM
Carmakers around the world have been hit by a shortage of semiconductors caused by COVID-19 supply-chain disruptions as well as soaring semiconductor demand at consumer electronic companies.
Odd Steering Wheel And Controls Trip Up Tesla, Rivals
Feb 27, 2022 12:08 AM
Tesla Inc's new "yoke" steering wheel installed in Model S sedans and Model X sport utility vehicles is so difficult to use that it dropped the most valuable automaker's position in the Consumer Reports.
Nissan Plans EVs For Mississippi, Scouts For A U.S. Battery Plant
Feb 26, 2022 11:51 PM
Nissan said it plans to assemble electric vehicles for its Nissan and Infiniti brands in Mississippi starting in 2025.
Analysis-Tesla Software Updates Allow Quick Fixes - And Taking Risks
Feb 26, 2022 10:03 PM
Investors have awarded Tesla's leadership on in-car software with a market value of $905 billion that dwarfs traditional carmakers, many of which are now scrambling to roll out their own ability to offer over-the-air software updates.
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