(Bloomberg) — Workhorse Group Inc. shares plunged on Wednesday to their lowest in fifteen months after the embattled electric-vehicle maker said it will suspend deliveries of its vans and recall units it has already delivered. Most Read from Bloomberg The electric van, called the C-1000, would require additional testing and modifications to existing vehicles in… Continue reading @niche: Workhorse Shares Sink After It Halts Electric Van Deliveries001257
Tag: Electric vehicles
Dr Andy Palmer: ‘The EV revolution is already underway.’
Day two of Autocar Professional’s EV Forum opened on a new chargre. Delivering the keynote address was none other than Dr Andy Palmer, who is often referred to as the ‘grandfather of electric vehicles’, given that he played a central role in developing what is believed to be the first ‘proper’ EV – the Nissan… Continue reading Dr Andy Palmer: ‘The EV revolution is already underway.’
Tesla (TSLA) breaks ground on new ‘Megafactory’ to produce Megapack batteries
Tesla announced that it has broken ground on a new facility called ‘Megafactory’ in Lathrop, California. It will be used to produce Megapacks, Tesla’s biggest batteries for stationary energy storage. As of now, Tesla exclusively produces its battery packs for its energy division, Powerwall, Powerpacks, and Megapacks, at Gigafactory Nevada. But now it looks like… Continue reading Tesla (TSLA) breaks ground on new ‘Megafactory’ to produce Megapack batteries
Tesla pushes U.S. to boost fuel economy penalties
Companies Law firms The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. WASHINGTON, Sept 22… Continue reading Tesla pushes U.S. to boost fuel economy penalties
GM’s new business model turns carmaker into software company: ‘A potential game-changer’
General Motors’ transition to all-electric vehicles will transform the century-old automaker into a software company that just happens to make hardware: cars. In the new business model, the cars will be a platform to deliver GM-developed software to offer consumers services beyond their vehicle. Services that can be used in their homes and other areas of their lives, GM leaders say. It is “a potential… Continue reading GM’s new business model turns carmaker into software company: ‘A potential game-changer’
Electric utility bike company Ubco scores $10M strategic investment with TPK
New Zealand-based electric utility bike company Ubco announced a new strategic partnership with TPK Holdings, a Taiwanese electric components manufacturing company. As part of the agreement, TPK will be leading Ubco’s Series B with a $10 million investment, bringing the company’s total funding to $23 million. TPK will also bring the company significant supply chain… Continue reading Electric utility bike company Ubco scores $10M strategic investment with TPK
@VW Group: E.ON and Volkswagen launch fast charger with storage battery003868
E.ON Board Member for Customer Solutions Patrick Lammers and Volkswagen Group Board Member for Technology Thomas Schmall put in operation the first E.ON Drive Booster in Essen. The innovative product makes fast charging easier and more affordable for operators and customers. As a flexible fast charger, it requires no civil engineering work or adjustments to… Continue reading @VW Group: E.ON and Volkswagen launch fast charger with storage battery003868
Autos & Transportation · 5:33 PM UTCStellantis Chairman says Turin, Italy key to group’s productionStellantis Chairman John Elkann said on Wednesday a…
Stellantis Chairman John Elkann symbolically rings a bell as shares in the merger between Fiat Chrysler and Peugeot maker PSA began being traded at the Italian stock exchange, in this still image taken from a video, in Milan, Italy, January 18, 2021. Borsa Italiana/Handout via REUTERS TURIN, Sept 22 (Reuters) – Stellantis (STLA.MI) Chairman John… Continue reading Autos & Transportation · 5:33 PM UTCStellantis Chairman says Turin, Italy key to group’s productionStellantis Chairman John Elkann said on Wednesday a…
@Toyota: Clearway Signs Second Clean Power Contract with Toyota
80 MW VPPA brings Toyota significantly closer to reaching carbon neutrality in its U.S. manufacturing facilities by 2035 SAN FRANCISCO (September 22, 2021) – Clearway Energy Group (Clearway) announced today that it has signed a virtual power purchase agreement (VPPA) with Toyota Motor North America (TMNA) to support Clearway’s 100 MW Wildflower Solar project in… Continue reading @Toyota: Clearway Signs Second Clean Power Contract with Toyota
Workhorse Group to suspend deliveries of flagship electric van
The van has a range of 100 miles and is powered by a 70 kilowatt hour battery. Electric vehicle company Workhorse Group said on Wednesday it would suspend the deliveries of its flagship C-1000 electric van, saying more tests and modifications were needed to ensure it complies with regulatory standards. Workhorse’s shares plunged about 14%… Continue reading Workhorse Group to suspend deliveries of flagship electric van