WASHINGTON — Senate Majority Leader Chuck Schumer, D-N.Y., on Monday said he welcomes a new partnership between Lockheed Martin and New York semiconductor manufacturer GlobalFoundries meant to produce chips critical to national security systems.
Schumer said the new partnership will give GlobalFoundries an edge when applying for grants through his chips subsidies bill that Congress passed last…
Top charging services provider ABM announces its own brand of EV fast chargers and software
June 12, 2023
ABM, the largest installer of EV chargers in the US has decided to take some of its charger technology in-house. Together with the help of software developer Noodoe, the services provider has introduced a lineup of ABM branded EV chargers for the first time that support a…
According to a new report, Hyundai Motor Group is forming a powerhouse EV alliance by joining forces with fellow South Korean tech giants Samsung, SK, and LG.
After a successful introduction to the market, Hyundai Motor Group, including Kia and Genesis, has already revealed…
BYD establishes joint venture to begin mass producing its nascent sodium-ion EV batteries
June 12, 2023
FinDreams, the battery unit of Chinese automotive conglomerate BYD, is establishing a joint venture with Huaihai Holding Group. Together, the two companies intend to establish themselves as the world’s largest supplier of sodium-ion batteries for small EVs.
Build Your Dreams (BYD) currently holds the title of the second largest automaker in the world behind Tesla. We’ve followed the company as…
I’ve tested a lot of folding fat tire e-bikes. They’re one of the most popular categories of low-cost e-bikes thanks to their combination of go-anywhere design and compact form factor, but I’ve never seen one quite as odd-looking as the EUY K6 Pro.
That’s thanks to…
Toyota shareholders protest EV stance with votes to oust longtime leader from the board
June 12, 2023
Toyota shareholders are sending a clear message at the Japanese automaker’s annual meeting this year – it’s time to go electric. Several investors have mentioned they have voted or plan to vote to remove longtime leader Akio Toyoda from the board over the automaker’s…
Ford made a huge announcement Monday, revealing the Cologne Electric Vehicle Center is officially open for business. The new EV center is Ford’s first carbon-neutral plant and will be the home for its next-gen EVs, including the electric Explorer and an upcoming sports crossover EV.
Founded in 1930, Ford’s assembly plant in Cologne, Germany, has built nearly 18 million vehicles. Monday’s…
Electric boatbuilder Silent Yachts is opening a luxury resort in Fiji powered entirely by solar energy
June 12, 2023
Silent Resorts – the exclusive partner of solar electric boatbuilder Silent Yachts, is building off the early success of its first fully-sustainable residences and intends to bring a new solar-powered resort to the island nation of Fiji. These exclusive residences are…
EV maker NIO revealed Monday it’s slashing prices on all of its models by $4,200 (30,000 yuan) in China in addition to ending free battery swapping services, effective immediately.
NIO cuts EV prices to boost sales
The move comes after NIO was the only major EV major in…
Tesla’s NACS connector is gaining support from several other companies, primarily charging station manufacturers and operators.
Following the announcement that both Ford and GM will adopt Tesla’s NACS connector in future electric vehicles in North America, EV charging companies have announced that they, too, will support the connector.
As we reported after the GM announcement, we believe that…