Articles by tag: Electric Vehicle
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Biden Nears Win as Japan, Dutch Back China Chip Controls
For more on the West’s race to implement China chip controls, read Bloomberg’s explainer on the computer chip “arms race.” (Bloomberg) — Japan and the Netherlands are poised to join the US in limiting China’s access to advanced semiconductor machinery, forging a powerful alliance that will undercut Beijing’s ambitions to build its own domestic […]
NYSE Mayhem Traced to a Staffer Who Left a Backup System Running
(Bloomberg) — More than 700 miles from Wall Street, the New York Stock Exchange’s backup data center on Cermak Road in Chicago is supposed to safeguard US markets, standing by at all hours in case disaster ever strikes the world’s largest venue for trading shares. When markets are closed, it participates in a well-worn routine, […]
California Storms Have Farmers Rushing to Avoid Crop Shortfall
(Bloomberg) — California farmers are facing costly damages from weeks of severe California storms that may trigger more expensive US fruits and vegetables in a time of massive food inflation. “The numbers are going to be somewhere in the hundreds of millions and perhaps in the billions,” Dave Puglia, head of the trade group Western […]
New Battery Technology Could Make EVs Cheaper and Faster to Produce
Companies in UK and the US are racing to find new breakthroughs in electrochemistry that don’t rely on China’s resources to create battery technology. As China currently holds 75% of the world’s cobalt refining capacity and 59% of its lithium processing capacity, new methods leveraging sulphur and sodium could make batteries significantly cheaper and […]
A $6 Billion Jolt for U.S. EV Supply Chains
(Bloomberg) — Stay on top of the electric car revolution by signing up to our Hyperdrive newsletter here. President Biden finally signed his $550 billion bipartisan infrastructure bill into law last week, and among the goodies was $6 billion in federal grants for companies making batteries or processing materials for the components they use. For […]
Tax Incentives for the Trucking Industry Will Speed Up Clean Driving Adoption
Keypoints: Oregon Senator Ron Wyden introduced a proposal for major tax incentives for clean driving adoption. Daimler Trucks could reap major benefits from the incentive, with an EV that can travel 200 miles. Lynn Lyon supports tax incentives for companies to adopt electric vehicles. Commentary: This year Oregon Senator Ron Wyden proposed a major […]
Is Our EV Infrastructure Ready for Mass Maintenance?
With investments in EV infrastructure at scale to meet the U.S.’s goal of 50% of automotive sales being EVs by 2030, how should technology providers prepare for mass maintenance and repair workflows for this new charging infrastructure? We sourced perspectives from Desmond Wheatley, President & CEO of BEAM, to share his thoughts on the decentralized […]
Volkswagen Strengthens Hold in US Vehicle Market with EV Push
After establishing a confident market share in Europe and commanding over 20% of the market in China, Volkswagen is hoping to finally make a splash in the one market it can’t quite seem to get a hold on – the US. Its strategy? Placing even more confidence in its EV future. That confidence is coming […]
More Charging Stations Set to Hit US Roadways
If you drive an electric vehicle, get ready for some good news – more charging stations are coming nationwide. Electrify America, which originally saw the EPA and CARB force carmaker Volkswagen to spend $2 billion on electric vehicle charging across America, has now ballooned into the largest charging network in the United States. The new […]
Transportation Trends Pushing OEMs into New Mobility Territory
“You have the ability to include an array of new technologies into vehicles, which changes the dynamics, not only of how you’re manufacturing the vehicles but how it’s positioned in the market.” On this episode of MarketScale TV, Voice of B2B Daniel Litwin guides us through a state of the industry for transportation and auto […]
Ford Unveils the Electric F-150, Aims to Shake up the EV Market
(Bloomberg) — Linda Zhang, chief engineer of Ford Motor Co.’s new electric F-150 pickup, steers a 3-ton rig onto a test track at the automaker’s suburban Detroit proving grounds and mashes the accelerator. In about four seconds, she says, “We’re at 60” miles per hour. Then, a heartbeat later as the G-forces bear down, “We’re […]
Can Geely Join the Ranks of Luxury EV Brands?
Some of the recent talk about the growing market for electric vehicles has centered around making EV offerings more affordable to capture a broader swath of would-be owners – but Geely is taking a different approach. The China-based auto manufacturer and parent company for Volvo and Daimler AG is expanding its vision and footprint in […]