Peugeot’s new e-Expert is an electric version of the popular fossil-fueled Peugeot Expert commercial van. It will offer two different range options and three body lengths. The new van will be available with a battery capacity of 50 kWh of 75 kWh, depending on the body size. The Compact and Standard variants come with a… Read more »
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COVID-19 vs EVs: What happens?
EVs may experience minor hiccups, but they shouldn’t suffer much more than the rest of the auto industry. It’s the question everyone has to ask: How will the Covid-19 pandemic affect my business? For those in the electric-car world, the question is more pointed: Will the pandemic hurt the growth of electric vehicles over the… Read more »
Tesla Autobidder software aggregates solar and storage into a giant virtual utility
The future of energy is distributed. Instead of buying energy from a small number of giant power plants, traders on the energy market are increasingly dealing with a large number of small, widely distributed assets. Energy assets include not only power-generating plants such as wind and solar installations, but storage facilities such as stationary batteries… 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 »
Retooling a shuttered factory to build electric trucks: Q&A with Lordstown Motors CEO Steve Burns
Will Ohio’s Voltage Valley energize a new era for the US auto industry? Big things are happening in the Mahoning Valley area of northeastern Ohio. The region, which centers on the city of Youngstown, was a booming center of steel production until the 1970s. Since then, like many other industrial hubs, the area has suffered… Read more »
Tesla surprises with Q1 profit, has “record backlog” of orders
Tesla has extended its earnings streak, posting a surprise profit in the first quarter, typically a tough one for automakers. The company reported record levels of production, and says its vehicle order backlog is the highest it’s ever been. “Q1 2020 was the first time in our history that we achieved a positive GAAP net… Read more »
USA Rare Earth acquires permanent magnet manufacturing capability
USA Rare Earth has purchased the neodymium iron boron (NdFeB) permanent magnet manufacturing equipment formerly owned and operated in North Carolina by Hitachi Metals America. Demand for rare earth magnets is being driven by plug-in vehicles (electric motors and batteries), wind generators (direct drive generators), medical devices (personal vital sign monitors and medical imaging machines)… Read more »
GM and Honda to jointly develop two new EVs for North America
General Motors and Honda have agreed to jointly develop two all-new EVs—and not just for China! The two new models will be based on GM’s new global EV platform and Ultium batteries, and will be produced at GM plants in North America. They will bear Honda nameplates, and the exteriors and interiors will be designed… Read more »
Take that, Coronavirus! Polestar begins production of its EV in China
As auto plants around the world shut down or shift to producing ventilators, Polestar, the performance EV brand owned by Volvo (which is in turn owned by Geely), announced that production of the Polestar 2 would begin this week at its plant in Luqiao, China. The company is taking stringent health precautions: at the factory,… 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 »