GM takes 11% ownership stake in Nikola with $2 billion deal

Photo credit: Nikola

According to Bloomberg, General Motors (GM) has announced a strategic partnership with Nikola Corporation, which includes taking an ownership stake in the electric truck startup through a $2 billion deal. As part of this agreement, GM will receive an 11% equity stake in Nikola, positioning itself as a key player in the development and production … Read more

Navistar and In-Charge Energy collaborate on EV charging solutions

Photo credit: Navistar

Navistar has entered into a partnership with In-Charge Energy to bolster its electric vehicle (EV) charging infrastructure and consulting services. This collaboration aims to support the growing adoption of electric commercial vehicles by providing comprehensive charging solutions tailored to the needs of fleet operators. The partnership will see In-Charge Energy offering a range of services … Read more

Lucid Air to feature 113 kWh battery pack in next year’s release

Photo credit: Lucid

Lucid Motors has announced that its upcoming luxury electric sedan, the Lucid Air, will be equipped with a 113 kWh battery pack when it goes on sale next year. This large-capacity battery is expected to provide the vehicle with significant range, positioning the Lucid Air as a strong competitor in the high-end electric vehicle market. … Read more

Automated valet parking pilot launched by Ford and Bosch

Photo credit: Ford

Ford and Bosch have announced a collaboration to test an automated valet parking system in a real-world parking garage environment. The pilot program, which is being conducted in Detroit, aims to explore the potential of automated parking technology to enhance convenience and efficiency for drivers. The project leverages Ford’s connected vehicle technology and Bosch’s infrastructure-based … Read more

Tesla maintains solid deliveries in third quarter despite pandemic challenges

Photo credit: Sundry Photography / Shutterstock.com

Tesla has reported stable vehicle deliveries for the third quarter, despite ongoing challenges posed by the global pandemic. The company’s performance during this period reflects its ability to navigate a complex and uncertain environment, maintaining production and delivery schedules in the face of supply chain disruptions and other pandemic-related obstacles. In the third quarter, Tesla … Read more

Electrify America introduces solar-powered EV charging in rural California

Photo credit: Electrify America

Electrify America has introduced a new solar-powered electric vehicle (EV) charging station in rural California. This initiative marks a significant step in expanding sustainable charging infrastructure in less densely populated areas, where access to reliable EV charging has been more limited. The new station is part of Electrify America’s broader efforts to provide more environmentally … Read more

Auto shows face challenges in maintaining relevance in the modern era

Photo credit: alisafarov / Shutterstock.com

The traditional auto show, once a cornerstone of the automotive industry, appears to be in a state of decline. Once celebrated as the primary venue for automakers to unveil new models and showcase their latest innovations, auto shows are now struggling to maintain relevance in a rapidly changing industry. The shift towards digital media, the … Read more

Electrify America introduces kWh-based pricing across 23 states

Around the World Photos / Shutterstock.com

Electrify America, one of the largest public electric vehicle (EV) charging networks in the United States, has implemented a new pricing structure based on kilowatt-hour (kWh) consumption in 23 states. This transition reflects a significant change from the previous pricing model, which was based on the duration of charging sessions. The move to kWh-based pricing … Read more

Ferrari to slowly adopt electrification while retaining gas-powered models

Photo credit: Dan74 / Shutterstock.com

Ferrari is expected to take a measured approach to electrification, gradually introducing electric and hybrid models while continuing to offer traditional gasoline-powered vehicles. This strategy reflects the luxury automaker’s commitment to preserving the driving experience and performance characteristics that have long defined the brand, even as it adapts to the global shift towards more sustainable … Read more