Search Results Found For: "GM"

Tesla’s back! Q3 earnings report includes record revenue and healthy profit

Those of us who saw past the tweets and the alarmist headlines were expecting good news from Tesla’s third-quarter earnings report, as it became apparent that demand for Model 3 remains robust as the company emerges from production hell. However, even most true believers were expecting a small loss, or perhaps a nominal profit. Instead,… Read more »

One Republican Senator wants to extend federal EV tax credit, another wants to end it

Support for EVs on Capitol Hill does not divide neatly along partisan lines, as a pair of dueling bills in the Senate illustrates. This week, Senator Dean Heller (R-Nevada) proposed legislation that would lift the current cap on EV tax credits. Under current law, once a particular automaker sells 200,000 EVs, the tax credit will… Read more »

Cummins, the diesel engine powerhouse, has had a busy year expanding its EV systems development

Cummins is a huge presence in the diesel engine market around the globe. The company designs, manufactures and sells billions of dollars’ worth of diesel engines (and some engines powered by “alternative fuels” such as natural gas). Ranging from 2.8 to 95 liters, the company’s engines are found in nearly every type of vehicle and… Read more »

Hubject connects over 70,000 chargers in 26 countries, and it’s bringing that expertise stateside

Easier EV charging interoperability en route to North America When your EV is running low on range, the last thing you want to do is waste time hunting down a spot to charge it. When driving an ICE vehicle, you can pull up to any gas station and fill your tank. With an EV, it’s not… Read more »

Lightning Systems debuts new electric Ford E-450 Shuttle Bus and Cutaway models

Colorado-based Lightning Systems has announced new battery-electric powertrain options for the Ford E-450 Shuttle Bus and E-450 Cutaway. Orders are being accepted now, and delivery will begin by the end of 2018. The new models have a 14,500-pound GVWR and a range of 110 miles. Peak power is 220 kW (295 hp) and torque is… Read more »

Charge like A supercap, store like a battery: ZapGo’s carbon-ion technology

Imagine an EV that could add 300 miles of range with a 5-minute charge – roughly the same amount of time it takes to refuel an ICE vehicle. Many companies are working on technologies to enable faster charging, which would be a huge win for EV adoption. ZapGo, based in Oxford, UK and Charlotte, North… Read more »

Elon Musk settles with SEC, will resign as Chairman and take it easy on Twitter

Tesla supporters are hoping that a settlement between Elon Musk and the SEC will bring an end to what one commenter called Tesla’s Summer of Needless Drama. Earlier this week, the stock market regulatory agency accused the impulsive Iron Man of misleading investors with his market-moving tweet about a plan to take Tesla private, and… Read more »

California considers an additional $2,000 EV purchase incentive

The California Air Resources Board (CARB) will hold a hearing this week to consider increasing the state’s plug-in vehicle purchase incentive from the current $2,500 to $4,500, in order to compensate for the phase-out of federal subsidies on Tesla and GM vehicles. The $7,500 federal EV tax credit is designed to sunset for each individual… Read more »

Proterra raises $155 million, will work with Daimler to electrify school buses

Electric bus maker Proterra, a company that we’ve often written about, has secured a new $155-million round of investment, co-led by Daimler (the exact amount Daimler invested has not been divulged). Along with the investment, Daimler and Proterra agreed to “explore the electrification of select Daimler heavy-duty vehicles. The first of these efforts will be… Read more »