– Electric Last Mile Solutions Inc’s shares fell more than 45% on Monday after the electric vehicle startup disclosed a probe by the U.S. Securities and Exchange Commission and withdrew …
Tag:
Electric
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Featured NewsUS and World News
Psaki Refuses To Answer If Biden Owns An Electric Vehicle, Says Presidents ‘Don’t Do A Lot Of Driving’
Psaki Refuses To Answer If Biden Owns An Electric Vehicle, Says Presidents ‘Don’t Do A Lot Of Driving’ Thomas Catenacci on March 10, 2022 White House press secretary Jen Psaki …
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Electric Vehicle Industry Hit With Bad News Amid Ukraine Crisis Thomas Catenacci on March 8, 2022 The London Metal Exchange (LME) suspended trading of nickel, the key critical mineral that …
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Department of Justice Press Releases
Former Public Utility Executives Indicted For Conspiring To Steal Millions Of Dollars From The City Of Jacksonville Upon The Sale Of The Jacksonville Electric Authority
by DOJ Pressby DOJ PressJacksonville, Florida –United States Attorney Roger B. Handberg announces the return by a grand jury of an indictment charging former Jacksonville Electric Authority (JEA) Chief Executive Officer (CEO) Aaron Zahn …
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Business News
ELECTRIC LAST MILE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Electric Last Mile Solutions, Inc. f/k/a Forum Merger III Corp. – ELMS
by Your Newsby Your NewsNEW ORLEANS, March 4, 2022 — Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until April …
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BERLIN – German commercial vehicle maker Traton’s MAN unit plans to deliver its first electric truck in early 2024, MAN said on Thursday, adding that it was on track to …
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Financial News
Embraer’s Eve gets orders for 90 electric aircraft from Australian firms
by Reutersby ReutersSAO PAULO – Embraer SA’s electric aircraft subsidiary Eve has received orders from Australian charter firms Aviair, HeliSpirit and Microflite for up to 90 electric vertical take-off and landing aircraft …
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Business News
Exclusive-Ford’s Lincoln brand to launch full slate of electric SUVs by 2026 -sources
by Reutersby ReutersBy Paul Lienert DETROIT – Ford Motor Co is stepping up plans to extensively electrify its Lincoln brand in North America, as it prepares to introduce at least five new …
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Business News
Chinese electric car maker Xpeng expands into Sweden and Netherlands
by Reutersby ReutersSHANGHAI – Chinese electric car maker Xpeng said on Thursday it was expanding further to Europe, taking aim at the Swedish and Dutch markets. Until now the only overseas foray …
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Business News
VEMO and Uber will add 250 electric vehicles to Mexico City’s fleet
by Reutersby ReutersMEXICO CITY – Mexican electric car provider VEMO and U.S. car hailing platform Uber announced on Tuesday an alliance to boost the number of electric vehicles in the platform’s Mexico …
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Business News
Leonardo and Vertical Aerospace team up on electric aircraft fuselage
by Reutersby ReutersMILAN – Italy’s Leonardo and UK-based Vertical Aerospace will work together to develop the fuselage for Vertical’s VX4 electric aircraft, they said on Tuesday. The two groups will design, test …
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Business News
India’s Maharashtra hopes to persuade Amazon, Uber, others to go electric faster
by Reutersby ReutersBy Aditi Shah NEW DELHI – India’s Maharashtra state will offer companies like Amazon.com Inc and Uber new incentives to electrify their delivery fleets ahead of a 2025 target for …
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New Jersey NewsPolitics
Jersey Democrats want kids to ride to school in electric powered busses
by Your Newsby Your NewsTrenton – The Senate Transportation Committee advanced legislation sponsored by Senators Patrick Diegnan and Linda Greenstein that would require the Department of Environmental Protection (DEP) to develop and implement a three-year electric school …
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Business News
Explainer-Costs of nickel and cobalt used in electric vehicle batteries
by Reutersby ReutersBy Pratima Desai LONDON – Rising sales of electric vehicles (EVs) and a scramble along the supply chain to secure materials have propelled prices of battery ingredients nickel, cobalt and …
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Business News
India’s Ather targets 1 million electric scooters a year as demand soars
by Reutersby ReutersBy Aditi Shah NEW DELHI – Ather Energy, India’s top electric scooter maker by revenue, is raising funds to ramp up annual production to one million scooters over the next …
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Business News
Britishvolt to develop batteries for new Lotus electric sports car
by Reutersby ReutersBy Nick Carey BLYTH, England – Britishvolt said on Friday it will develop batteries for a fully-electric sports car in partnership with British carmaker Lotus, the first publicly-announced customer for …
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Department of Justice Press ReleasesGovernment News
Justice Department Reaches Settlement with Withlacoochee River Electric Cooperative Inc. to Enforce the Rights of United States Army National Guard Member
by DOJ Pressby DOJ PressWASHINGTON – The Department of Justice announced today that it has reached a settlement agreement resolving allegations that the Withlacoochee River Electric Cooperative Inc. (WREC) terminated U.S. Army National Guard …
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General Electric (GE) reported a disappointing fourth-quarter earnings report as the electricity giant pointed to continuing supply chain woes to explain its dip in revenue, the company reported. GE’s fourth-quarter …
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OMG!US and World News
Lamborghini sees its first fully electric model at end of decade
by Reutersby ReutersMILAN – Italian supercar brand Lamborghini plans to roll out its first fully electric model at the end of this decade, its Chief Executive Stephan Winkelmann said in remarks confirmed …
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Featured NewsPoliticsUS and World News
‘Unfeasible Or Impractical’: USPS Wants Billions Of Dollars For Electric Vehicle Transition
The U.S. Postal Service (USPS) estimated that the federal government would need to provide $3.3 billion in additional funds for the agency to purchase a completely electric vehicle fleet. While …
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Florida NewsPolice Blotter
Man charged for breaking into Coco Beach police department bicycle impound, stealing electric bike
by Jeff Jonesby Jeff JonesCOCO BEACH, FL – Jeremiah J. Tribbitt, 47, of Cocoa Beach, was taken into custody this past Thu., Jan. 6, on an arrest warrant for allegedly forcing his way into …
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Ford will nearly double its production capacity of electric F-150 Lightning trucks to meet “soaring” demand, the company announced Tuesday. The increase will allow Ford to make about 150,000 F-150 …
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Electric vehicles (EV) continue to represent a greater share of new car purchases, but their cost, range and charge rate may hinder many consumers from making the transition. While EV’s …
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Electric truck manufacturer Nikola announced Tuesday it had settled fraud charges with the Securities and Exchange Commission (SEC), agreeing to pay the regulator $125 million. The settlement is in response …
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Lithium — a mineral that is key for electric car batteries — continues to rise in price, jeopardizing the ongoing transition to renewable energy outlined by Western governments. The cost …