California Gov. Newsom’s Spending Plan Includes $10B for EVs
Aiming to end the sales of internal combustion engines in California in coming decades, Democratic Gov. Gavin Newsom on Jan. 10 made public his proposed $286 billion spending plan for 2022-23 that calls for a $10 billion investment over the next six years to put more electric cars and trucks on roadways and in ports.
Walmart to Hire 3,000 Drivers to Expand In-Home Delivery
Walmart Inc. is betting big on its service to deliver groceries directly into customers’ refrigerators with an expansion of its InHome delivery option, and will hire 3,000 drivers to support it.
GM Enters Electric Pickup Battle With 400-Mile Silverado EV
General Motors Co. CEO Mary Barra showed off the company’s electric Chevrolet Silverado at the CES exhibition, announcing that the pickup will go on sale in spring 2023 to compete with battery-powered trucks from longstanding rival Ford Motor Co. and newcomer Rivian Automotive Inc.
The Electrification Journey
Electric trucks promise many potential rewards for the freight transportation industry. But the experiences of fleets that have begun to deploy these vehicles illustrate an elaborate set of challenges and considerations associated with electrification.
Mack Begins Serial Production of First Electric Truck
Mack Trucks reported its first fully electric Class 8 vehicle, the LR model, is in serial production at Mack’s Lehigh Valley Operations facility in Macungie, Pa.
December 29, 2021Ford’s Market Value Tops GM for First Time in Five Years
Ford Motor Co.’s surging stock has given it a market value greater than rival General Motors Co. for the first time in more than five years.
Rivian Stumbles in Earnings Debut With Miss on EV Output
Rivian Automotive Inc. said it expects to fall short of its annual production target as the electric pickup maker gave investors the first look at its operations as a public company.
GM Plots Mass-Market EV Push
General Motors Co. has talked up its electric vehicle plans for years, and even generated buzz by resurrecting Hummer’s gas-guzzling name in the form of an electric pickup truck. Now comes the tough part: selling mass-market EVs.
Proterra Announces Expansion Plans in South Carolina
Electric battery manufacturer Proterra on Dec. 14 announced it is expanding its overall production facilities, adding a new $76 million factory in Greer, S.C., that is expected to be operational in the second half of 2022.
December 14, 2021White House Unveils Plan for EV Charging Network
The Biden administration on Dec. 13 released a federal strategy to build 500,000 charging stations for electric vehicles across the country and bring down the cost of electric cars with the goal of transforming the U.S. auto industry.