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electric vehicle

U.S. Energy Department to Loan $2.5 Billion to GM Joint Battery Venture

The money will help a joint venture of General Motors Co. and LG Energy Solution finance the construction of new lithium-ion battery cell manufacturing facilities.

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Georgia Lands Two New EV Factories for the State

The state inked deals with Rivian and Hyundai Motor Group for two EV factories to bring in over $10 billion in auto industry investment and 15,000 assembly jobs.

Residual Value Risk Transitioning to Electric Vehicles — Will History Repeat Itself?

The transition to EVs is not a matter of if, but a matter of when, and the industry must pay attention to the impacts of the potentially imminent and rapid transition from ICE vehicles to EVs.

Experts Weigh the Pros and Cons of Biden’s EV Grants

Some say the grants will provide a needed boost to EV adoption while others warn it will fail as previous policies did during the Obama Administration.

Canada Suggests Proposed U.S. EV Tax Credit Will Harm North American Auto Industry

Letter penned by Canadian Trade Minister Mary Ng suggest proposed EV tax credits will harm North American auto industry and violate trade agreements.

Mercury Insurance Names the Most Affordable New Electric Vehicles to Insure

2021 Hyundai Santa Fe EV tops the list.

Proposed Bill Could Cherry Pick Winners and Losers in EV Game

A proposal that gives higher EV tax credits to union shops has caused controversy over preferential treatment for EV incentives.

New Car Registrations Show a Surge in EV Ownership

Electric vehicle registrations jumped 95% to 133,509 in January through April, compared to the same period in 2020.

More Consumers than Ever Considering EV Purchase

A study by CarGurus Inc. released this week finds Americans may need less encouragement than originally believed to make the switch to electric cars and trucks.

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Allegro Launches Industry’s Largest Portfolio of Grade 0 Automotive Gate Drivers for Advanced 48V Battery Systems

New suite of motor drivers offers world-class features and advanced safety diagnostics in ultra-small packages — ideal for electric vehicles.

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