Search Results Found For: "Lordstown "

Rivian raises $2.5 billion in new funding

Investors are pouring money into EV companies—as shares in Tesla, Nio and newly public Nikola soar, Rivian, which has attracted loads of media attention for its planned electric pickup and SUV, has raised $2.5 billion in new funding in a round led by T. Rowe Price. The company has raised about $6 billion in funding… Read more »

Ford COO says electric F-150 pickup and Transit van will arrive mid-2022

Ford COO Jim Farley has announced that electric versions of the F-150 pickup and Ford Transit van will make it to market by mid-2022. He offered no further information about the vehicles. “We are No. 1 in the pickup and the van market in Western Europe and the US, and this is our chance,” Farley… Read more »

Seven future electric pickup trucks. Maybe.

Over the first 10 years of their existence, most modern battery-electric cars have been compact hatchbacks or Teslas. While a few are marketed as crossover utility vehicles, none have been the full-size pickup trucks that make up a huge and very profitable segment of US vehicle sales. That’s about to change. What follows is a… Read more »

Ohio introduces bill to reduce EV tax

Ohio is one of several US states that impose taxes on EVs that are far higher than the amount paid in gas taxes by a typical driver of a legacy vehicle. A recently introduced bill aims to change that. Ohio’s current EV tax, which was enacted in 2019, imposes an annual fee of $200 on… Read more »

Everybody’s talking about Tesla’s Cybertruck

In show business, when you don’t like an act, but you don’t want to say anything negative, you say it’s “interesting.” Well, the word “interesting” is getting a lot of use today, after Tesla unveiled what is definitely its most radical-looking vehicle, and perhaps the most radical-looking production vehicle in automotive history. I think the… Read more »

Tesla non-pickup truck to be revealed in November

Tesla’s pickup truck is surely the most eagerly-awaited new vehicle since…well, Tesla’s last vehicle. Pickups are the biggest segment of the US auto market, and electrifying them will be a major, and necessary, turning point for EV adoption. Ford, GM and startup Rivian all have electric pickups in various stages of development, but Tesla is… Read more »

Unions fear electrification will vaporize their jobs

As the legacy automakers finally begin to get serious about electrification, it’s becoming increasingly clear that the accelerating transition will result in a major restructuring of the industry, which seems likely to include substantial job losses. As a recent Bloomberg article reports, fear of the electric future is an underlying reason for the United Auto… Read more »

Read past issues of Charged – Electric Vehicles Magazine

Issue 56 – July/August 2021 Featuring: A closer look at why heat pumps are dominating EV HVAC systems Terawatt Infrastructure aims to address the massive energy capacity needs of EV fleet charging depots 2021 Jeep Wrangler 4xe: the legendary SUV brand’s first plug-in hybrid Refining the circular economy for battery materials ABB charges into the future with… Read more »

Keeping federal EV tax credit alive a tough sell for GM as it lays off workers and closes factories

General Motors is fighting to retain the $7,500 federal tax credit for plug-in vehicle purchases, but the company’s recently announced layoffs and plant closings may make it a tough sell in Washington. As GM nears the 200,000-vehicle cutoff point after which the tax credit will be phased out, the incentive’s very existence is uncertain. One… Read more »