Ford to invest $500M in electric vehicle startup Rivian

Business 04/24/19, 08:50

Ford is sinking a half-billion dollars into electric vehicle startup Rivian in a deal that has the companies working together on a new Ford electric vehicle based on Rivian underpinnings.Ford Motor Co. will become a minority partner in Rivian, which ...

Electric car makers woo Chinese buyers with range, features

Tech 04/15/19, 20:18

Automakers are showcasing electric SUVs and sedans with more driving range and luxury features at the Shanghai auto show, trying to appeal to Chinese buyers in their biggest market as Beijing slashes subsidies that have propelled demand. Communist leaders wanting China ...

Insider Q&A: Head of EVgo aims to clean up transportation

Business 03/31/19, 12:05

Cathy Zoi has been promoting clean energy in the power sector for decades, holding leadership posts in both business and government.Then in 2016, greenhouse gas emissions from transportation exceeded the power sector for the first time, and Zoi pivoted to ...

Maine governor adds boost to major power line project

Business 02/21/19, 14:10

Gov. Janet Mills is throwing her support behind a 145-mile transmission line across western Maine to supply Canadian hydropower to electricity consumers in Massachusetts, citing economic and environmental benefits under a sweetened proposal by Central Maine Power.The $1 billion New ...

Volkswagen to build electric vehicles at Tennessee plant

U.S. 01/14/19, 14:28

German automaker Volkswagen said Monday its factory in Tennessee will be the focus of an $800 million investment in the company's manufacturing of electric vehicles in North America, a sign of a growing push into the electric car market by ...

Tesla secures land in Shanghai for first factory outside US

Business 10/17/18, 01:39

Electric auto brand Tesla Inc. said it signed an agreement Wednesday to secure land in Shanghai for its first factory outside the United States, pushing ahead with development despite mounting U.S.-Chinese trade tensions.Tesla, based on Palo Alto, California, announced plans ...

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