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$960 Million in Funding to Boost Transportation Electrification, EV Charging, & Battery Innovation
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! This month, $960 million in total funding for projects to expand equitable clean transportation, deploy EV charging infrastructure, accelerate EV battery research, and boost the battery supply chain critical to supporting the next phase of widespread EV commercialization were announced. Get details of the January project funding selections. DOE Announces $131 Million to Boost America’s Battery Supply Chain and Supercharge Electric Vehicle Innovation On January 18, 2024, DOE announced more than $131 million total for projects to advance research and development (R&D) in electric…
Elon Musk is scattered. One part of his empire handles the majority of U.S. space-fairing operations and shapes the battlefield in Ukraine. Another has gone from the platform that turned The Discourse to a sizzling pot of white nationalism and existential dread (e. A smaller province works on implanting computers into human brains, now that it’s tired of killing monkeys. But the lynchpin of it all is Tesla, the most valuable auto company in the world. And despite his wandering focus, his ongoing descent into a community of racists, and his attempt to squeeze more shares out of the company,…
BMW is expanding its 5 Series model line-up in the U.S. with a new plug-in hybrid variant and a new i5 trim. Additionally for 2024, BMW is also adding Level 2 driver assistance capability to some existing U.S. models. Currently, there are two variants of the BMW i5 available to order in the U.S.: the rear-wheel-drive i5 eDrive40 with 335 horsepower and a starting price of $66,800 (excluding delivery fees), and the mighty i5 M60 with 593 hp and an MSRP of $84,100. The U.S.-bound xDrive40 will slot between the two trims mentioned above. It comes with dual-motor all-wheel drive,…
Ford will offer complimentary charging adapters to eligible F-150 Lightning and Mustang Mach-E owners so that they can access Tesla’s Supercharger network of DC fast chargers across the United States and Canada. The company said that customers will be able to reserve the free OEM adapters starting this spring, and it will ship them directly to the owners. CEO Jim Farley added in a post on social media platform X, “This is our way of saying thank you!” Get Fully Charged Ford EV owners will soon be able to use Tesla Superchargers Ford will offer free NACS charging adapters…
Once an EV darling thought to revolutionize EV production with its concept of micro-factories that crank out delivery vans for the likes of Uber and UPS, UK startup Arrival is in a desperate search for funding after being delisted from Nasdaq this week. Nasdaq suspended trading of Arrival shares this week, followed by a formal delisting, Reuters reports. The action is the result of Arrival being late in posting financial results and failing to file a remediation plan and hold an annual shareholder meeting.After announcing it was slashing its workforce by 50% last year, Arrival said it had receive a…
The computing unit, called the MDC 810, powers advanced driver assistance systems, according to Reuters. (Image credit: CnEVPost) Several Huawei-backed electric vehicle (EV) models have been experiencing delivery difficulties recently, and this is reportedly linked to production issues with the Chinese tech giant’s computing unit. Production problems with a Huawei-made computing unit have forced some Chinese automakers to delay deliveries of their flagship models, Reuters said in a report today, citing five people familiar with the matter. Changan Automobile and Chery have filed complaints and are in talks to resolve the issue, two people familiar with the matter said, according…
It’s a highly relatable situation: You think you’re doing great at your job, you have a lot to show for your hard work, and you’re hoping to be rewarded with a nicer pay deal. And then the Delaware Court of Chancery goes and voids the unprecedented $55 billion compensation package you were hoping to lock down. We’ve all been there! That story kicks off today’s edition of our Critical Materials news roundup. Also on tap: a little more on General Motors’ decision to go back to offering plug-in hybrid cars, and Volkswagen is getting directly into the AI game. Let’s hit it. 30%:…
Great Wall Motor looking to open direct sales outlets, with initial numbers likely to be around 100
Great Wall Motor has brought in talents with direct store management experience, including a former retail director at Li Auto, according to local media. (Image credit: CnEVPost) Chinese auto giant Great Wall Motor is reportedly gearing up to open direct sales stores to allow its new energy vehicle (NEV) models to reach a more affluent customer base. Great Wall Motor is internally exploring the option of setting up direct stores for its NEV models and has already started recruiting talent, local media outlet LatePost said in a report today, citing several people familiar with the matter. The company has brought…
EV sales will reach 8.0% of the total U.S. new vehicle market this month, S&P Global Mobility has predicted. The market share of EVs won’t increase dramatically over the previous month, as automakers, dealers, and consumers digest new federal tax credit rules brought on by the Inflation Reduction Act (IRA) that went into effect with the start of the year, analysts anticipated. S&P expects this uncertainty to be a temporary speed bump to EV sales; in late 2023 it declared that it was doubling its U.S. EV sales forecast for 2030 due to the anticipated positive impact of IRA provisions.…
BYD currently has a network of more than 10 dealers in the Philippines and seven in Singapore. (Image credit: CnEVPost) BYD (OTCMKTS: BYDDF) hopes to open more than a dozen passenger car sales outlets in Singapore and the Philippines this year alone, roughly doubling the current number, Nikkei Asia reported today, citing the company’s managing director for both markets, James Ng. BYD has a network of more than 10 dealers in the Philippines and plans to add more than 20 sales points of sale this year, Ng said, according to Nikkei Asia. The new energy vehicle (NEV) maker plans to…