The Station: Porsche IPO demand accelerates and more micromobility layoffs

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the full edition of the newsletter every weekend in your inbox. This is a shorter version of The Station newsletter that is emailed to subscribers. Want all the deals, news roundups and commentary? Subscribe… Continue reading The Station: Porsche IPO demand accelerates and more micromobility layoffs

Can battery recycling help end US reliance on China?

The Inflation Reduction Act, signed into law by President Joe Biden earlier this month, puts the U.S. on the path toward realizing its carbon reduction goals, in part by spurring its EV market. It has also plunged that same market into short-term chaos by requiring entire supply chains to be restructured in just a few… Continue reading Can battery recycling help end US reliance on China?

Aston Martin Valhalla plug-in hybrid to shape future EVs

Aston Martin is using its upcoming Valhalla high-performance plug-in hybrid to develop a playbook for its future EVs. Executives said that the 937-horsepower Valhalla supercar exhibited at the Pebble Beach Concours d’Elegance on Sunday showcases lessons in driver engagement, visual effects and sound that could surface in its first EV in 2025. “If we get… Continue reading Aston Martin Valhalla plug-in hybrid to shape future EVs

Panasonic considers Oklahoma for next EV battery factory

Panasonic is eyeing Oklahoma as the home for its next lithium-ion battery plant, according to a report Friday by the Wall Street Journal. The proposed venture, which is expected to supply Tesla with a high-capacity, range-boosting battery, is part of a movement to bring auto manufacturing onshore as car companies and suppliers try to mitigate… Continue reading Panasonic considers Oklahoma for next EV battery factory

Audi to join Formula 1 with German-built hybrid power unit

Audi said Friday it will join Formula 1 for the 2026 season, competing alongside rival sportscar makers such as Aston Martin and Mercedes-Benz as the series shifts its focus to electrified race cars. The FIA Formula 1 World Championship series, which plans to go carbon-neutral by the end of the decade, will introduce new technical… Continue reading Audi to join Formula 1 with German-built hybrid power unit

California clears the way to ban new gas car sales

The California Air Resources Board voted Thursday afternoon to phase out the sale of new gasoline-powered cars in the Golden State. The full effect of the binding decision will kick in more than 12 years from now, in 2035, when it will require most new cars and trucks sold in California to run exclusively on… Continue reading California clears the way to ban new gas car sales

2023 Mercedes-Benz EQS SUV begins production in Alabama

Mercedes-Benz began production of its first battery-electric SUV for the U.S. market on Thursday, fronting a movement expected to bring auto manufacturing onshore over the next decade. The 2023 Mercedes-Benz EQS SUV will be made at the automaker’s plant in Tuscaloosa, Alabama, using batteries supplied by a battery factory it opened nearby in Bibb County… Continue reading 2023 Mercedes-Benz EQS SUV begins production in Alabama

Ford reopens order bank and raises prices for 2023 Mustang Mach-E

Ford began taking reservations for its 2023 Mustang Mach-E on Thursday after a four-month hiatus due to short supply. The automaker also boosted the battery-electric SUV’s range and upped the price amid economic headwinds, such as inflation and rising costs for battery materials. Ford closed the order bank for the 2022 model year last spring… Continue reading Ford reopens order bank and raises prices for 2023 Mustang Mach-E

Electrification is poised to turn school buses into money-making arbitrage assets

Across much of the U.S. this summer, as temperatures soared nearly every afternoon, air conditioners clicked on again and again, sending electricity demand through the roof. Just north of Boston, the normally temperate coastal city of Beverly was no exception. Since the Fourth of July, the city has experienced nearly 20 days when temperatures crested… Continue reading Electrification is poised to turn school buses into money-making arbitrage assets

Musk claps back at customer criticism of Tesla FSD beta

Elon Musk hasn’t taken kindly to recent criticism of Tesla FSD beta software — the soon-to-be $15,000 upgraded version of its advanced driver assistance system that the CEO promises one day will deliver full autonomous driving capabilities. When a Tesla owner publicly criticized the latest update of the FSD beta software, Musk clapped back via… Continue reading Musk claps back at customer criticism of Tesla FSD beta