EVs

Apple Officially Ends Driverless Car Project With Permit Cancellation
Apple Officially Ends Driverless Car Project With Permit Cancellation
October 13, 2024  |  Apple

Months after announcing it was canceling its self-driving car, Apple has made it official. According to a recent report by the website macReports, the tech...

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Tesla’s ‘Cybercab’ Event Shows Autonomy Still More Hollywood Than High-Impact
Tesla’s ‘Cybercab’ Event Shows Autonomy Still More Hollywood Than High-Impact
October 11, 2024  |  Transportation

What has four wheels, two seats, no steering wheel and arrived a few years late? Tesla’s long-awaited robotaxi, which CEO Elon Musk had predicted in...

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EVgo Secures $1 Billion Federal Loan Guarantee to Expand US Charging Network
EVgo Secures $1 Billion Federal Loan Guarantee to Expand US Charging Network
October 03, 2024  |  Transportation

As the electric vehicle (EV) industry pursues mainstream adoption, the demand for robust charging infrastructure is more critical than ever. With global efforts to combat...

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Shifting Tides: European and North American EV Demand Drops as China Flourishes
Shifting Tides: European and North American EV Demand Drops as China Flourishes
September 30, 2024  |  Transportation

The electric vehicle (EV) market is turbulent. As governments reduce financial incentives, sales growth stagnates, and automakers are evaluating their investment strategies that anticipated a...

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Discover Global Network: Payments Are Foundation of Electric Vehicle Infrastructure
Discover Global Network: Payments Are Foundation of Electric Vehicle Infrastructure
September 30, 2024  |  Payments Innovation

Electric vehicles (EVs) represent a new paradigm of connected experience. The ongoing transformation in the automotive industry is more than just a transition from gasoline...

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Federal Funds Boost EV Charging Infrastructure, but Scaling Production Faces Hurdles
Federal Funds Boost EV Charging Infrastructure, but Scaling Production Faces Hurdles
September 04, 2024  |  Transportation

While the federal government last month allocated an additional $521 million for electric vehicle (EV) charging infrastructure, challenges persist in scaling EV production to meet...

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Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
August 02, 2024  |  Earnings

In the automotive industry, Q2 2024 brought a blend of triumphs and trials for the major players. As traditional automakers and innovative disruptors alike navigate...

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Uber and BYD Forge Deal to Deploy 100,000 Electric Vehicles 
Uber and BYD Forge Deal to Deploy 100,000 Electric Vehicles 
July 31, 2024  |  Partnerships

Uber on Wednesday (July 31) announced a multiyear strategic partnership aimed at integrating 100,000 BYD electric vehicles (EVs) into its platform across several key global markets....

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Automakers Face Roadblocks in Switching to Electric Vehicles
Automakers Face Roadblocks in Switching to Electric Vehicles
July 28, 2024  |  Transportation

The automotive industry is facing an obstacle in switching to electric vehicles: traditional cars. As The Wall Street Journal (WSJ) reported Sunday (July 28), pressures...

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