electric vehicles

Federal Funds Boost EV Charging Infrastructure, but Scaling Production Faces Hurdles
Federal Funds Boost EV Charging Infrastructure, but Scaling Production Faces Hurdles
September 04, 2024  |  Transportation

While the federal government last month allocated an additional $521 million for electric vehicle (EV) charging infrastructure, challenges persist in scaling EV production to meet...

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Uber: 35% of Customers Use Multiple Services and Spend Three Times More
Uber: 35% of Customers Use Multiple Services and Spend Three Times More
August 06, 2024  |  Earnings

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)....

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Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
Automakers, Carvana Report Mixed Q2 Results Amid Tech and Market Shifts
August 02, 2024  |  Earnings

In the automotive industry, Q2 2024 brought a blend of triumphs and trials for the major players. As traditional automakers and innovative disruptors alike navigate...

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Uber and BYD Forge Deal to Deploy 100,000 Electric Vehicles 
Uber and BYD Forge Deal to Deploy 100,000 Electric Vehicles 
July 31, 2024  |  Partnerships

Uber on Wednesday (July 31) announced a multiyear strategic partnership aimed at integrating 100,000 BYD electric vehicles (EVs) into its platform across several key global markets....

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Automakers Face Roadblocks in Switching to Electric Vehicles
Automakers Face Roadblocks in Switching to Electric Vehicles
July 28, 2024  |  Transportation

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...

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GM Eyes ‘Winning New Customers’ as EV Sales Soar
GM Eyes ‘Winning New Customers’ as EV Sales Soar
July 25, 2024  |  Transportation

General Motors Chairman and CEO Mary Barra is focused on “winning new customers” as electric vehicle (EV) sales soared during the second quarter. In the...

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WEX Sees AI, Commercial EVs as Growth Opportunities
WEX Sees AI, Commercial EVs as Growth Opportunities
July 25, 2024  |  Earnings

Global commerce platform WEX is looking to artificial intelligence (AI) and commercial electric vehicles (EVs) as opportunities for growth after reporting record quarterly revenue. “We...

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EV Ambitions on Hold: Ford Delays Canadian Electric SUV Production
EV Ambitions on Hold: Ford Delays Canadian Electric SUV Production
July 22, 2024  |  Transportation

Ford has announced its revised strategy for its Oakville Assembly plant in Canada, originally slated for electric vehicle (EV) production. Instead, the facility will focus...

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Starbucks Launches EV Charging Partnership With Mercedes
Starbucks Launches EV Charging Partnership With Mercedes
July 17, 2024  |  Retail

Starbucks has teamed with Mercedes-Benz to bring electric vehicle (EV) charging to its stores. The collaboration with Mercedes-Benz High-Power Charging, announced Wednesday (July 17), will...

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