DETROIT—General Motors Co plans to position itself as a technology platform company that is as focused on software as it is on making electric vehicles (EVs) when it meets with investors next week, including revealing a scheduled rollout for at least 20 EVs in the United States over the next several years. The No. 1…
GM Aims to Profit From Software as It Broadens Its Electric Vehicle Lineup
NYC Will Invest $75 Million in Electric Vehicles and Charging Infrastructure
September 22, 2021
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The New York City mayor announced on Wednesday a new $75 million investment in state electric vehicles and charging infrastructure as a part of a bigger initiative to transition the entire city fleet to electric vehicles. The plans will replace 300 gas-powered city fleet vehicles and retrofit 125 diesel-powered trucks to run on electricity, Mayor…
London Cab Firm Addison Lee to Go Fully Electric by 2023
Cab company Addison Lee has pledged it will operate only electric vehicles from 2023. The London firm said it is investing £160 million ($ 219 million) to shift its 4,000-strong fleet to electric. This will involve putting 200 Volkswagen ID.4 vehicles on the capital’s roads every month from November. The commitment is the largest single…
GM Tells Bolt EV Owners Park Away From Vehicles in Decks
WASHINGTON—General Motors Co. on Wednesday recommended that Chevrolet Bolt electric vehicle owners parking in decks do so on the top floor or on an open level, at least 50 feet away from other vehicles, citing potential fire risks. The precaution would “reduce potential damage to structures and nearby vehicles in the rare event of a…
Rare Earth Metal Prices Poised for More Gains: Analysts
September 15, 2021
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Rare earth metal prices have risen sharply over the past year while growing adoption of new technologies like electric vehicles is likely to send costs even higher, according to analysts. In the 12 months through September, the price of lithium carbonate—used in batteries, mobile devices, and spacecraft—surged 150 percent; the price of holmium oxide—used in…
Strong Demand for Gas Vehicles Drives Detroit Production Plans, Clouds Biden’s 2030 Goal for EVs
Automakers in North America plan to build more pickup trucks and sport utility vehicles than electric vehicles well into the late 2020s, with strong consumer demand for gasoline-powered vehicles charting sales trends that run counter to the Biden administration’s goal of boosting electric vehicles (EVs) to half the market by 2030, according to internal production…
Biden Executive Order Seeks to Raise Emissions Standards, Promote Electric Vehicles
On Aug. 5, the Biden administration issued an executive order on vehicle emissions. In addition to instructing the Environmental Protection Agency to adopt California’s stringent emissions standards, it sets the goal that 50 percent of all light trucks and passenger cars be plug-in electric, battery cell electric, or fuel cell electric by 2030. The order…
Biden Wants Half of All Vehicles Sold in US by 2030 to Be Zero Emission
President Joe Biden will sign an executive order on Thursday establishing the goal of making half of all new vehicles sold in the United States zero emissions—either hybrid or fully electric—by 2030, according to the White House. Biden’s executive order will also set a new schedule for the development of new long-term fuel efficiency and…
End Sale of Petrol and Diesel Cars by 2035 for Climate Change: Grattan Institute
Australian think tank the Grattan Institute is calling on the government to end the sale of new petrol and diesel cars by 2035 to help meet the 2050 net-zero emissions target. In its new report, the think tank said zero-emissions vehicles should be exempt from stamp duty, import duty, and luxury car tax to make…
Small Miners Aim for European Supply Chain for Electric Vehicles Independent From China
LONDON—Growing demand for electric vehicles has spurred small-scale miners of the lithium, cobalt, and rare earths that automakers rely on to develop mines and build refining capacity in Europe to reduce their reliance on China. Efforts by the United States and Europe to build a secure and independent supply chain for the key minerals used…
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