Global commerce platform WEX now enables drivers of any brand of electric vehicle to charge at Tesla Superchargers in Europe. This capability is enabled by a new integration of the EV Driver by WEX app with the Tesla Supercharger network, WEX said in a Monday...
The upcoming expiration of federal electric vehicle credits is reportedly fueling an automotive sales boom. It’s the end of an era for the United States car sector, The Wall Street Journal reported Monday (Sept. 1). Dealers have spent years selling electric cars but are now...
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...
WEX has added a feature that enables fleets with electric vehicles (EVs) to use the WEX Fleet Card at private chargers. With the addition of this feature, WEX EV Depot, WEX now offers an EV charging and payment solution that encompasses depot, public and at-home charging...
April 11, 2025
In a sector caught between regulatory pressure and technological disruption, fleet and mobility companies are redefining how they manage working capital. According to the newly released “2024-2025 Growth Corporates Working Capital Index: Industry Factbook,” published by PYMNTS Intelligence in collaboration with Visa, fleet and mobility businesses are leveraging working capital solutions not only to weather […]
September 30, 2024
Electric vehicles (EVs) represent a new paradigm of connected experience. The ongoing transformation in the automotive industry is more than just a transition from gasoline to electricity — it’s evolving...
August 06, 2024
Uber marked a milestone in the second quarter, with 7.4 million monthly drivers and couriers globally, per the company’s earnings report released Tuesday (Aug. 6). The company’s focus on expanding...
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...
April 02, 2026
Tesla’s months of promoting more affordable vehicles have reportedly not yielded more sales. As TechCrunch noted in a report Thursday (April 2), Elon Musk’s electric vehicle (EV) company last year debuted scaled-back versions of its Model Y and Model 3 starting at $39,990 and $36,990 respectively. However, the company’s first-quarter sales figures show that Tesla delivered 358,023 EVs worldwide […]
November 17, 2025
Global commerce platform WEX now enables drivers of any brand of electric vehicle to charge at Tesla Superchargers in Europe. This capability is enabled by a new integration of the...
September 01, 2025
The upcoming expiration of federal electric vehicle credits is reportedly fueling an automotive sales boom. It’s the end of an era for the United States car sector, The Wall Street...
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...
