electric vehicle News Updates

The company, a subsidiary of ZO Motors, plans to manufacture zero-emission commercial vehicles at the new 210,000-square-foot plant, starting in the first half of 2025.

DETROIT — There is optimism about the EV industry's future in Michigan, a state retooling from America’s most recognizable auto hub to its No. 1 destination for electric vehicle investment.

Battery maker LG Energy Solution said it will make major cuts to spending this year, though it expects a rebound in sales, as major uncertainties hang over the global electric vehicle sector.

Nikola Corp. is exploring options to stave off a cash crunch, including potentially selling part or all of the company, according to people familiar with the matter.

WASHINGTON — President Donald Trump signed an executive order meant to advance domestic oil and gas production and halt programs enacted during the Biden administration to boost adoption of EVs.

Canoo, the maker of roly poly-looking electric vans and trucks, announced Jan. 17 it had begun bankruptcy proceedings and ceased operations, effective immediately.

President Donald Trump ordered his administration to consider eliminating subsidies and other policies that favor electric vehicles.

COLUMBUS, Ohio — Defense contractor Anduril Industries is preparing to build an advanced manufacturing facility in Ohio, adding a planned 4,000 jobs to the area’s high-tech sector.

Well-heeled workers that live in the New York City suburbs will soon have a lofty path to avoiding gridlock en route to their Manhattan offices.

NEW YORK — Electric vehicle demand is expected to keep rising this year, but uncertainty over policy changes and tariffs is clouding the forecast.