Search Results for: Lucid

America may be home to some of the most prominent electric vehicle makers on the globe, but THE COUNTRY has made little headway in the EV battery segment. This segment has consistently been dominated by Asian players, with companies from China and South Korea supplying many of the world’s electric vehicle battery components. As such, … Continue reading “LG, Honda Partner to Establish $4.4B EV Battery Factory on US Soil”

Electric vehicles rely on rechargeable lithium-ion battery packs for energy, allowing the EVs to emit zero carbon at the tailpipe. But while the West has a major position in the global EV industry, with American automaker Tesla being the largest electric vehicle maker in the world, the EV battery game is dominated by Asian players. … Continue reading “A Look at the Biggest EV Battery Makers in the World”

The automotive industry is currently in the midst of a major revolution as the number of electric vehicles on the road steadily increases. Rising electric vehicle adoption has led to a shift in consumer behavior, meaning automakers and car dealerships that wish to succeed will have to evolve their sales, marketing and customer experiences. So … Continue reading “How Consumer Behavior Changes as EVs Take Root”

If you are considering purchasing an electric vehicle (EV) as your next car, it is important that you know that the EV experience is fundamentally different from the ICE experience, especially when it comes to charging. While refilling a traditional gasoline-powered car is as simple as pulling into a gas station, EV drivers have to … Continue reading “Differences Between Charging EV at Home, On the Road”

A virtually unknown electric vehicle maker recently made the news after retail giant Walmart ordered more than four thousand of its EVs. Canoo, an EV company based in Arkansas, released a statement saying that it had signed a definitive agreement with Walmart to deliver 4,500 fully electric vans as part of efforts to achieve zero-carbon … Continue reading “Canoo Shares Soar after Walmart Orders 4,500 EVs”

The global semiconductor shortage has had a massive impact on the automotive industry, forcing automakers to halt the production of millions of cars. Last May, AlixPartners estimated that automakers could end up losing around $210 billion in revenue in 2021 amid halted production. And the chip shortage hasn’t just affected traditional cars; the nascent electric … Continue reading “Ongoing Semiconductor Shortage Has Potential to Slow Electric Vehicle Adoption”

While speaking during an interview before NIO’s secondary listing in Singapore, NIO CEO William Li said he was currently more concerned about supply chain stability rather than looking at demand for electric vehicles. The recent upward revision of EV prices by the company shows how much those supply chain issues are affecting company operations. In … Continue reading “Chinese EV Maker NIO Concerned by Supply Chain Problems, Not EV Demand”

Months after he assumed office, President Joe Biden revealed plans to significantly electrify America’s transportation sector. His infrastructure bill will invest billions of dollars into building a network of public electric vehicle chargers and subsidizing EV purchases. In line with the president’s green-energy and electrification goals, senior officials from the Biden administration recently met up … Continue reading “Biden Government Hosts Musk and Barra During EV Sector Meeting”

Last week, General Motors (NYSE: GM) announced that it would be partnering with Pacific Gas & Electric (PG&E) to test the use of electric cars in powering a home during an outage. The programs come at a time that climate change is driving conversations on energy efficiency as more companies invest into battery electric vehicles … Continue reading “General Motors Co. (NYSE: GM) to Conduct Tests of EVs as Home Power Backup Systems”