Tesla is entering the dining business, preparing to open a drive-in restaurant in Los Angeles. This new location would allow diners to eat and watch movies on an outdoor screen while they charged their electric vehicles. But as the New York Times (NYT) reported Friday...
I have bad news for all of you on the waiting list for the all-electric Maserati MC20 Folgore. It’s been sunset before even seeing daylight. After five years of development, Stellantis (which owns Maserati) decided there wasn’t enough demand to justify production. Even with its...
The U.S. Department of Transportation has moved to halt the $5 billion National Electric Vehicle Infrastructure (NEVI) program, forcing states to cancel their plans for building electric vehicle (EV) charging stations. However, it seems unlikely this change in policy will have a major impact on...
Commerce platform WEX has launched a partnership with electric vehicle (EV) charger installation provider Qmerit. This collaboration is designed to streamline the installation of EV chargers at commercial fleet drivers’ homes, the companies said Thursday (Dec. 5). “With electricians and other tradespeople in increasing demand,...
July 05, 2024
As U.S. consumers take to the road this summer, the state of electric vehicles hangs in the balance and the payments industry grapples with the issues that will provide the right platform for its growth. First, the sales update. As the major car companies report their second-quarter 2024 sales, the results for overall electric vehicle […]
January 08, 2018
Some innovations are brilliant – and obviously so – from the start. Others take a little more convincing. Such was the story of the early founding days of WaiveCar, when founder Isaac...
June 20, 2025
Swedish electric vehicle brand Polestar has gained a $200 million equity investment from PSD Investment, which is an existing investor and is controlled by Geely Holding Group Founder and Chairman Shufu Li. “Polestar intends to use the proceeds from the equity investment for working capital requirements and general corporate purposes,” the automaker said in a Monday (June 16) press release. The company manufactures […]
March 24, 2025
Tesla is entering the dining business, preparing to open a drive-in restaurant in Los Angeles. This new location would allow diners to eat and watch movies on an outdoor screen...
December 05, 2024
Commerce platform WEX has launched a partnership with electric vehicle (EV) charger installation provider Qmerit. This collaboration is designed to streamline the installation of EV chargers at commercial fleet drivers’...
July 28, 2024
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 on car company profits only...