EVs

Hertz Reducing EV Fleet Due to High Cost, Low Demand
Hertz Reducing EV Fleet Due to High Cost, Low Demand
January 11, 2024  |  Transportation

Car rental firm Hertz is selling 20,000 electric vehicles (EVs) from its U.S. fleet — amounting to one-third of its global fleet — and replacing...

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Report: Investors in EV Charging Grow ‘Weary’ Waiting for Profits
Report: Investors in EV Charging Grow ‘Weary’ Waiting for Profits
December 26, 2023  |  Investments

Electric vehicle (EV) charging companies reportedly don’t have much juice with investors these days. As The Wall Street Journal reported Tuesday (Dec. 26), companies like ChargePoint, Blink...

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Ola Electric Mobility Aims to Raise $661 Million in IPO
Ola Electric Mobility Aims to Raise $661 Million in IPO
December 22, 2023  |  IPO

Ola Electric Mobility, an Indian electric scooter manufacturer, is set to raise 55 billion rupees ($661 million) through an initial public offering (IPO), signaling its...

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Auto Dealers See Consumers’ EV Enthusiasm Lose Its Spark
Auto Dealers See Consumers’ EV Enthusiasm Lose Its Spark
December 10, 2023  |  Retail

At auto dealerships around the country, electric cars have reportedly become a hard sell. Consumers are worried about the price, range and reliability of these vehicles,...

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Convenience Stores Tap EV Chargers to Capture Spending
Convenience Stores Tap EV Chargers to Capture Spending
December 08, 2023  |  Retail

Convenience retailers are seizing on the electric vehicle (EV) charging opportunity to drive sales, as consumers wait around with little to do but shop. Last...

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Visa Picks Enfuce to Launch New Fleet Mobility Card
Visa Picks Enfuce to Launch New Fleet Mobility Card
December 06, 2023  |  B2B Payments

Payment processor Enfuce and Visa have expanded their partnership to introduce a new mobility card. The collaboration, announced Wednesday (Dec. 6), lets the two companies deliver the Visa Fleet 2.0...

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Ryder Begins Rollout of BrightDrop Zevo 600 Electric Van Rentals
Ryder Begins Rollout of BrightDrop Zevo 600 Electric Van Rentals
September 20, 2023  |  Transportation

Ryder System has deployed its first BrightDrop Zevo 600 electric vans that are available for rent at four Ryder facilities in three states: California, Texas and New York....

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Tesla Leads the Pack in Fed EV Charging Funding
Tesla Leads the Pack in Fed EV Charging Funding
September 03, 2023  |  Retail

Tesla is reportedly leading its rivals in receiving federal grants for electric vehicle chargers. According to a Saturday (Sept. 2) report by the Wall Street...

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EVs Buck Trend for Declining Auto Production in the UK
EVs Buck Trend for Declining Auto Production in the UK
January 26, 2023  |  Technology

U.K. car production was down nearly 10% in 2022 but electric vehicle (EV) production rose. Data published by the Society of Motor Manufacturers and Traders...

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