TELO Announces Funding by Neo for Electric Truck Build
Closing the fundraising round further validated TELO’s prediction of where the EV industry is headed, said Jason Marks, co-founder and CEO.
How Important is Regenerative Braking For EVs?
Regenerative braking helps to increase the overall efficiency and range of the EV, increasing the range of an EV by up to 20%.
ChargeLab Study Reveals EV Consumers’ Charging Preferences
While 86% of EV drivers can charge at home, over half still rely on public chargers, according to the survey.
REE Automotive, Knapheide Debut Full Vehicle Solution
REE’s first demo P7-C fully by-wire chassis cab has arrived in the U.S. and has completed its upfitting at Knapheide in Quincy, Illinois.
USPS to Buy Six Canoo EVs
The Postal Service will take delivery of six right-hand drive versions of Lifestyle Delivery Vehicle 190 in Q1 2024.
CITGO Enters EV Space with Pilot Program Launch
The CITGO location on 11 Mile Road in Michigan now offers both regular transportation fuel and EV charging stations.
Toyota Bringing Battery EV Production to Kentucky
It will invest $1.3 billion at its flagship Kentucky facility for future electrification efforts, including assembly of an all-new, three-row battery electric SUV for the U.S. market.
New Hyundai/Kia Air Skirt Helps to Maximize EV Range
The Active Air Skirt (AAS) helps improve driving range and stability of EVs, the companies said.
Clarios, Altris Partner on Low-Voltage Sodium-Ion Batteries
The companies will develop a Na-ion battery with a potential of up to 60 volts to support automotive applications.
Lightning eMotors to Sell Substantially All Assets
Cordes & Company, as receiver of the Company, has entered into an Asset Purchase Agreement to sell substantially all of the assets of the company for $12.6 million in cash.
Global EV Sales Expected to Triple in 2024
Americans are expected to buy close to 1.3 million electric vehicles this year, or 10% of global sales.
Kelley Blue Book: Americans Bought Nearly 1.2 Million EVs in 2023
EVs represent the fastest-growing car sales category, holding a 7.6% share of the total U.S. vehicle market in 2023, Kelly Blue Book reports.
