EVs

Stellantis to Launch Electric Trucks and Muscle Cars in US
Stellantis to Launch Electric Trucks and Muscle Cars in US
February 20, 2024  |  Retail

Stellantis, the parent company of Jeep, is reportedly taking a unique approach to the electric vehicle (EV) market in the United States. CEO Carlos Tavares told reporters Tuesday...

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Hertz Weighs Layoffs Amid Pivot Away from EVs
Hertz Weighs Layoffs Amid Pivot Away from EVs
February 06, 2024  |  Earnings

Hertz is reportedly considering layoffs after selling part of its electric vehicle fleet. The car rental giant on Tuesday (Feb. 6) reported quarterly and year-end earnings showing that...

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Connected eBikes Popular as Ride Now, Pay Later Models Surge
Connected eBikes Popular as Ride Now, Pay Later Models Surge
January 30, 2024  |  Transportation

Consumers’ device portfolio has changed significantly over the years, largely due to technological breakthroughs and evolving consumer preferences in a world dominated by digital transformation....

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Apple Hardware VP DJ Novotney Departing for EV Maker Rivian
Apple Hardware VP DJ Novotney Departing for EV Maker Rivian
January 28, 2024  |  Mobile Commerce

A veteran Apple executive who oversaw the company’s electric vehicle efforts is reportedly resigning. DJ Novotney, a vice president of hardware engineering, is leaving Apple after...

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Report: Apple Scales Back and Delays Plans for Self-Driving Vehicle
Report: Apple Scales Back and Delays Plans for Self-Driving Vehicle
January 23, 2024  |  Mobile Commerce

Apple has reportedly scaled back and delayed its plans to develop a vehicle. After initially aiming for a fully autonomous vehicle, the company has scaled back...

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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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