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Electric

Global electric car sales rose 31% in 2023 – Rho Motion

January 10, 2024January 10, 2024
Global electric car sales rose 31% in 2023 - rho motion - photo licensed by shore news network.

By Nick Carey LONDON (Reuters) – Global sales of fully electric and plug-in hybrid vehicles (PHEVs) rose 31% in 2023, down from 60% growth in …

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Australia struggles to ditch SUV habit even as electric vehicle sales hit record

January 4, 2024
Australia struggles to ditch suv habit even as electric vehicle sales hit record - photo licensed by shore news network.

By Lewis Jackson SYDNEY (Reuters) – Electric vehicle (EV) sales in Australia hit an all-time high in 2023, according to the country’s automotive association, however …

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China’s Li Auto expects to launch first fully electric EV in March

December 31, 2023
China's li auto expects to launch first fully electric ev in march - photo licensed by shore news network.

(Reuters) – China’s Li Auto Inc said on Sunday it expects to launch and begin deliveries of its first fully electric car in March. Li …

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Fisker delivers 4,700 electric cars in 2023, shares jump

December 29, 2023December 29, 2023
Fisker delivers 4,700 electric cars in 2023, shares jump - photo licensed by shore news network.

(Reuters) – Fisker said on Friday its electric vehicle deliveries jumped more than four-fold during the final quarter, helping it hand over about 4,700 vehicles …

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Kellyanne Conway Makes Co-Hosts Crack Up, Says Dems Wake Up Each Day To ‘Go Get An Abortion’ In An ‘Electric Vehicle’

December 21, 2023

Kellyanne Conway Makes Co-Hosts Crack Up, Says Dems Wake Up Each Day To ‘Go Get An Abortion’ In An ‘Electric Vehicle’ Harold Hutchison on December …

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AT&T to buy Rivian electric vehicles in pilot deal to cut cost, emissions

December 14, 2023
At&t to buy rivian electric vehicles in pilot deal to cut cost, emissions - photo licensed by shore news network.

By Abhirup Roy SAN FRANCISCO (Reuters) – U.S. wireless carrier AT&T will purchase some electric vehicles from startup Rivian in a pilot program to evaluate …

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Fiat to start selling electric 500 model in North America early in 2024

December 12, 2023December 12, 2023
Fiat to start selling electric 500 model in north america early in 2024 - photo licensed by shore news network.

MILAN (Reuters) – Fiat will start selling its fully-electric 500e small car in North America in the first quarter of next year, parent Stellantis said …

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GM, Komatsu to develop hydrogen fuel cells for electric mining truck

December 12, 2023
Gm, komatsu to develop hydrogen fuel cells for electric mining truck - photo licensed by shore news network.

By Nick Carey (Reuters) – General Motors and Komatsu said on Tuesday they will jointly develop a hydrogen fuel cell power module for the Japanese …

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VW considering cooperation with Renault on 20,000-euro electric car -Handelsblatt

December 8, 2023
Vw considering cooperation with renault on 20,000-euro electric car -handelsblatt - photo licensed by shore news network.

BERLIN (Reuters) – Volkswagen is speaking with potential partners, including France’s Renault, about cooperating on the development of its 20,000-euro ($21,476) electric car, Germany’s Handelsblatt …

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This NYC Ferry Service is Going Electric

December 4, 2023
New york, ny – new york city mayor eric adams announced today that the city has secured over $10 million in funding from the u. S. Federal transit administration to enhance ferry operations for governors island and staten island. This funding includes a $7. 5 million grant for shoreside rapid charging infrastructure to support the fully electric operations of the new hybrid-electric governors island ferry. Additionally, a $3 million grant will be used for the rehabilitation of a new york city department of transportation (dot) storage facility, crucial for the 24/7 operations of the staten island ferry. The hybrid-electric governors island ferry, announced in march 2023, is a pioneering initiative in public transportation within new york harbor, projected to reduce carbon emissions by 800 tons annually. This development is part of a broader vision to establish governors island as a leading center for green innovation, including the new york climate exchange launched in april 2023. The staten island ferry upgrades follow mayor adams' agreement with the marine engineers’ beneficial association, marking the city's first contract with staten island ferry licensed officers since 2010. This move is aimed at ensuring reliable, round-the-clock ferry service. Mayor adams highlighted the significance of this federal investment, emphasizing its role in enhancing the city's waterways and reinforcing governors island's status as a center of climate innovation. The introduction of the first public, electric vessel in new york harbor is a step towards cleaner air and innovative technology. Deputy mayors meera joshi and maria torres-springer, along with trust for governors island president and ceo clare newman, expressed gratitude to the biden administration and new york senators schumer and gillibrand for their support in securing these funds. Dot commissioner ydanis rodriguez also thanked the federal transit administration and elected officials for their role in facilitating this investment, which will enhance the efficiency of staten island ferry operations and introduce the first electric passenger ferry to governors island. U. S. Senate majority leader charles schumer emphasized the importance of these federal grants in supporting the operations of both governors island and staten island ferry, crucial for the millions of passengers relying on these services annually

NEW YORK, NY – New York City Mayor Eric Adams announced today that the city has secured over $10 million in funding from the U.S. …

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Analysis-EU’s electric dreams short-circuited by EV charging gridlock

December 4, 2023
Analysis-eu's electric dreams short-circuited by ev charging gridlock - photo licensed by shore news network.

By Julia Payne BRUSSELS (Reuters) – Electric vehicle drivers hoping to top up their batteries at one of Repsol’s 1,600 Spanish charging stations might well …

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Electric Cars Are Not Alone: Here Are Other Once Popular Auto Innovations Customers Abandoned

November 30, 2023November 30, 2023
Electric cars are not alone: here are other once popular auto innovations customers abandoned - photo licensed by shore news network.

As New Jersey Governor Phil Murphy makes the push to force residents to buy electric vehicles by the year 2035, the allure of electric cars …

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Rivian launches leasing for R1T electric pickup truck in some US states

November 27, 2023
Rivian launches leasing for r1t electric pickup truck in some us states - photo licensed by shore news network.

(Reuters) – Rivian Automotive on Monday announced the launch of leasing for its R1T electric pickup truck for customers in select U.S. states. The option, …

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Hyundai unveils its first high-performance electric car

November 15, 2023
Hyundai unveils its first high-performance electric car - photo licensed by shore news network.

(Reuters) – Hyundai Motor unveiled its first high-performance electric vehicle(EV), an N sport variant of its IONIQ 5 crossover SUV. The South Korean automaker said …

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Renault to launch new Slovenia-made electric city car – sources

November 13, 2023November 13, 2023
Renault to launch new slovenia-made electric city car - sources - photo licensed by shore news network.

By Gilles Guillaume PARIS (Reuters) – Renault will reveal the launch of an additional “affordable” city electric car during this week’s capital markets day for …

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Emerson Electric misses estimates for fourth-quarter sales, profit

November 7, 2023
Emerson electric misses estimates for fourth-quarter sales, profit - photo licensed by shore news network.

(Reuters) – U.S. industrial conglomerate Emerson Electric Co on Tuesday reported fourth-quarter sales and profit below Wall Street estimates, hit by supply chain disruptions. Shares …

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Lucid cuts prices of electric sedans for limited time amid EV price wars

November 3, 2023
Lucid cuts prices of electric sedans for limited time amid ev price wars - photo licensed by shore news network.

(Reuters) – Lucid Group cut prices of its Air range of luxury sedans earlier this week for a limited time ahead of the holiday season, …

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American Electric Power beats profit estimates on higher rates

November 2, 2023November 2, 2023
American electric power beats profit estimates on higher rates - photo licensed by shore news network.

(Reuters) – American Electric Power on Thursday beat profit estimates for the third quarter, as the utility benefited from higher electricity rates and customer additions. …

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Threat of Lithium Ion Battery Fires in Electric Vehicles Prompts Concern for Safety in New Jersey

October 27, 2023
Threat of lithium ion battery fires in electric vehicles prompts concern for safety in new jersey - photo licensed by shore news network.

TRENTON, NJ – With the onslaught of electric vehicles hitting the highways across New Jersey, lawmakers say local firefighters and EMTs are not undertrained when …

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More alarm bells sound on slowing demand for electric vehicles

October 25, 2023
More alarm bells sound on slowing demand for electric vehicles - photo licensed by shore news network.

By Ben Klayman (Reuters) – High interest rates are derailing the ambitions of climate regulators and automakers to accelerate the shift to electric vehicles, underscored …

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Biden Admin To Pour $3.5 Billion Into Electric Grid Projects That Benefit Pro-Dem Union

October 19, 2023

Biden Admin To Pour $3.5 Billion Into Electric Grid Projects That Benefit Pro-Dem Union Nick Pope on October 18, 2023 The Biden administration is spending …

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Somerset County Shows Off Electric Vehicle Fleet

October 17, 2023
Somerset county shows off electric vehicle fleet - photo licensed by shore news network.

SOMERVILLE, NJ – Somerset County officials recently joined the New Jersey Electric Vehicle Association (NJEVA) and the Somerville NJ Environmental Commission during National Drive Electric …

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Citroen targets low-cost Chinese EVs with electric C3 for 23,300 euros

October 17, 2023
Citroen targets low-cost chinese evs with electric c3 for 23,300 euros - photo licensed by shore news network.

By Gilles Guillaume MEUDON, France (Reuters) – Citroen on Tuesday unveiled its new electric e-C3 SUV, a low-cost model starting at 23,300 euros ($24,540) aimed …

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Hyundai Motor to make BAIC’s ARCFOX electric cars in Beijing – report

October 11, 2023
Hyundai motor to make baic's arcfox electric cars in beijing - report - photo licensed by shore news network.

SEOUL (Reuters) – Hyundai Motor has decided to produce Beijing Automotive Group Co’s EV brand ARCFOX cars at its plant in Beijing in a bid …

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Kokusai Electric trims indicative IPO pricing about 3%

October 9, 2023
Kokusai electric trims indicative ipo pricing about 3% - photo licensed by shore news network.

By Sam Nussey, Makiko Yamazaki and Miho Uranaka TOKYO (Reuters) -Japanese chip equipment maker Kokusai Electric on Tuesday trimmed the indicative pricing for its $730 …

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‘They’re Going Electric Crazy’: Trump Mocks Push For Electrified Tanks, Planes

September 30, 2023

‘They’re Going Electric Crazy’: Trump Mocks Push For Electrified Tanks, Planes Harold Hutchison on September 29, 2023 Former President Donald Trump mocked the Biden administration …

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One Dead in Burlington Electric Bicycle Crash

September 29, 2023
One dead in burlington electric bicycle crash - photo licensed by shore news network.

BURLINGTON CITY, NJ – On Tuesday, September 19, at about 7:31 AM, a severe collision between a motor vehicle and an electric bicycle occurred on …

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Governor Murphy Wants to Protect You By Forcing You to Buy an Electric Car

September 28, 2023
Governor murphy wants to protect you by forcing you to buy an electric car - photo licensed by shore news network.

TRENTON, NJ – New Jersey Governor Phil Murphy is only looking out for your best interest and the interests of your children and grandchildren. That’s …

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Hawaiian Electric CEO defends decision not to de-energize power lines

September 28, 2023September 28, 2023

By Tim McLaughlin BOSTON (Reuters) -Hawaiian Electric CEO Shelee Kimura on Thursday defended the utility’s decision not to de-energize power lines before high winds precipitated …

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Electric Bike Rider Fatally Struck on Route 37 East in Toms River

September 27, 2023
Toms river police dept. - file photo

TOMS RIVER, NJ – A 33-year-old male from Little Egg Harbor died this morning after his electric bike collided with a vehicle on Route 37 …

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Hochul Says 30,000 Electric Powered Heater Units Coming to NYC Housing Projects

September 21, 2023
Hochul says 30,000 electric powered heater units coming to nyc housing projects - photo licensed by shore news network.

Governor Kathy Hochul announced today that New York State is progressing with its Clean Heat for All Challenge, a joint venture among the New York …

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Hawaiian Electric appoints insider Paul Ito as CFO

September 18, 2023

(Reuters) – Hawaiian Electric Industries (HEI) said on Monday Paul Ito would be CFO of Hawaiian Electric through Dec. 31, 2024, following planned retirement of …

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Nikola expands dealer network into Canada for its electric trucks

September 15, 2023
Nikola expands dealer network into canada for its electric trucks - photo licensed by shore news network.

(Reuters) – Nikola said on Friday it would expand its dealer network into Canada for heavy-duty truck sales in a partnership with trailer manufacturer ITD …

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Volvo to start production of electric trucks at Ghent factory

September 14, 2023
Volvo to start production of electric trucks at ghent factory - photo licensed by shore news network.

COPENHAGEN (Reuters) -Sweden’s Volvo will begin serial production of heavy battery electric trucks at its Ghent factory in Belgium, the truckmaker said in a statement …

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Murphy Wants Gas Car Ban But Half of Americans Don’t Want an Electric Car

September 11, 2023
Murphy wants gas car ban but half of americans don't want an electric car - photo licensed by shore news network.

TRENTON, NJ – New Jersey Governor Phil Murphy wants to ban the sale of new gasoline-powered cars by the year 2035. The bad news is …

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‘You’re Not Going To Have Deliveries’: Former Trump Official Predicts Higher Costs From Biden’s Electric Truck Push

September 9, 2023

‘You’re Not Going To Have Deliveries’: Former Trump Official Predicts Higher Costs From Biden’s Electric Truck Push Harold Hutchison on September 8, 2023 A former …

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Temasek leads $140 million Ola Electric funding at $5.4 billion valuation – sources

September 7, 2023September 7, 2023
Temasek leads $140 million ola electric funding at $5. 4 billion valuation - sources - photo licensed by shore news network.

By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – Singapore’s investment firm Temasek led a $140 million funding round in India’s Ola Electric at …

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Opel expects to offer electric vehicle for around 25,000 euros by 2026

September 4, 2023September 4, 2023
Opel expects to offer electric vehicle for around 25,000 euros by 2026 - photo licensed by shore news network.

MUNICH (Reuters) – Stellantis-owned carmaker Opel will be able to offer an electric vehicle at a price of about 25,000 euros ($26,967) without incentives from …

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Renault CEO: China very competitive on electric vehicles, Europe needs to catch up

September 4, 2023September 4, 2023
Renault ceo: china very competitive on electric vehicles, europe needs to catch up - photo licensed by shore news network.

PARIS (Reuters) – Renault’s chief executive Luca de Meo said on Monday that China was ‘very competitive’ in terms of the electric vehicle market, as …

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Hawaiian Electric shares sink on wildfire lawsuit, dividend pause, ratings cut

August 25, 2023

(Reuters) -Hawaiian Electric shares on Friday plunged to their lowest level since 1984 as a lawsuit alleging negligence leading to Maui wildfires raised investor worries …

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S&P downgrades Hawaiian Electric to ‘B-‘ as wildfires raise market-access worries

August 24, 2023
S&p downgrades hawaiian electric to 'b-' as wildfires raise market-access worries - photo licensed by shore news network.

(Reuters) -The S&P Global Ratings on Thursday downgraded Hawaiian Electric Industries and all of its rated subsidiaries to ‘B-‘ from ‘BB-‘, citing the company’s likely …

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County of Maui sues Hawaiian Electric for negligence leading to fires

August 24, 2023
County of maui sues hawaiian electric for negligence leading to fires - photo licensed by shore news network.

(Reuters) – The county of Maui, Hawaii, on Thursday sued Hawaiian Electric accusing the power company of acting negligently by failing to shut down its …

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Maui County Files Lawsuit Against Hawaiian Electric Alleging Utility Was Negligent Prior To Wildfires

August 24, 2023

Maui County Files Lawsuit Against Hawaiian Electric Alleging Utility Was Negligent Prior To Wildfires Harold Hutchison on August 24, 2023 Maui County filed a lawsuit …

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Bucco: Governor Murphy’s Electric Vehicle Mandate Goes “Too Far, Too Fast, and is Too Costly”

August 19, 2023
Sen. Anthony Bucco said Gov. Murphy’s rule to ban vehicle manufacturers from selling gas-powered cars in the State by 2035 is going too far, too fast, and will be too expensive for lower- and middle-class families.

‘Made Mostly In China’: Trump Blasts Biden Over Electric Vehicle Push, Appliance Regulations

August 17, 2023

‘Made Mostly In China’: Trump Blasts Biden Over Electric Vehicle Push, Appliance Regulations Harold Hutchison on August 17, 2023 Former President Donald Trump blasted President …

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Hawaiian Electric shares slide more on Maui wildfires

August 17, 2023August 17, 2023

(Reuters) -Shares of Hawaiian Electric Industries extended recent losses on Thursday, briefly hitting their lowest since 1985, as the utility faced questions about the role …

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STEPHEN MOORE: Exploding Electric Vehicles Are Unsafe At Any Speed

August 15, 2023

STEPHEN MOORE: Exploding Electric Vehicles Are Unsafe At Any Speed Stephen Moore on August 15, 2023 The New York Fire Department recently reported that so …

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Man Buys Electric Vehicle Only To Ditch It During Family Road Trip For Gas Car

August 11, 2023

Man Buys Electric Vehicle Only To Ditch It During Family Road Trip For Gas Car Will Kessler on August 11, 2023 A man and his …

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Electric Bus Company Biden Energy Secretary Once Had Stake In Goes Belly Up

August 7, 2023

Electric Bus Company Biden Energy Secretary Once Had Stake In Goes Belly Up Nick Pope on August 7, 2023 Proterra, the electric bus company at …

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Fisker unveils electric pickup truck even as supply chain bottleneck lingers

August 3, 2023
Fisker unveils electric pickup truck even as supply chain bottleneck lingers - photo licensed by shore news network.

By Lisa Baertlein and Abhirup Roy HUNTINGTON BEACH, California (Reuters) – Electric vehicle (EV) maker Fisker Inc unveiled a pickup truck on Thursday, weeks after …

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