Jun 27, 2024 | Auto Industry, Electric Vehicles, Featured, Investment
The cash infusion is expected to help Rivian pay for development of its more affordable models. Volkswagen is investing $5 billion in Rivian, with the new joint venture expected to deliver new vehicles within the next five to ten years. Rivian’s founder and CEO,...
Jun 20, 2024 | Electric Vehicles, Robotaxis, Robots
While electric vehicle demand is still increasing in the U.S., the sales growth rate for cars that pollute less has cooled down in 2024 due partly to the high cost of insurance and repairs for tech-laden new models. A 2024 study by J.D....
Jun 20, 2024 | Aerial Vehicles, Electric Vehicles, Hybrids
GE Aerospace is developing a hybrid electric engine with the hopes it will power next-generation narrow-body jets by the middle of the next decade. While the technology is still being tested, should GE be successful, it could produce hybrid-engine jets – like a...
Jun 13, 2024 | China, Electric Vehicles, Europe
After months of investigation, the European Union has announced additional tariffs on electric vehicles (EV) imported from China, because of what it sees as Beijing’s unfair support for companies that undercut European carmakers. The decision deals a blow to...
Jun 13, 2024 | Electric Vehicles
German carmaker Audi will invest one billion euros ($1.08 billion) in electric vehicle projects in the Mexican state of Puebla, the state’s governor said on Tuesday. The investment will lead to the creation of 500 new jobs, the Puebla government said in a...
Jun 6, 2024 | Batteries, Electric Vehicles, Featured
Electric cars are more expensive than gasoline models largely because batteries cost so much. But new technology could turn those pricey devices into an asset, giving owners benefits like reduced utility bills, lower lease payments or free parking. Ford Motor, General...
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