Battery Electric Vehicles

Report: Electric vehicle tax could revive Highway Trust Fund

The shortfall in Highway Trust Fund revenues caused by electric cars and trucks can be eliminated through an electricity tax that has the potential to achieve the same collection efficiency as the federal fuel tax, according to a new study.

“Electric Vehicles and Infrastructure Funding,” an analysis released Wednesday by the American Transportation Research Institute (ATRI), estimates that a tax of 2.1 cents per kilowatt-hour on a battery-electric vehicle (BEV) is equivalent to what is paid by...

https://www.freightwaves.com/news/report-electric-vehicle-tax-could-revive-highway-trust-fund

Battery Resourcers raises $20M for sustainable battery ecosystem

The lithium-ion battery recycling and manufacturing company Battery Resourcers announced this week it has completed a $20 million Series B investment round led by Orbia Ventures with participation from At One Ventures, TDK Ventures, TRUMPF Venture, Doral Energy-Tech Ventures and Jaguar Land Rover’s InMotion Ventures. The company has not disclosed its current valuation.

Battery Resourcers has a different approach from other major battery recyclers. While others focus on recovering the metals,...

https://www.freightwaves.com/news/battery-resourcers-raises-20m-for-sustainable-battery-ecosystem

Arrival sets second US microfactory as public trading nears

U.K. electric delivery van and bus startup Arrival Ltd. will build its second U.S. microfactory in Charlotte, North Carolina, the site of its U.S. headquarters. The SPAC-backed startup begins public trading Thursday.

The new microfactory will make vans to help fulfill a 10,000-unit order from United Parcel Service (NYSE: UPS). Many of the vehicles produced at the Charlotte microfactory are expected to enter UPS’ North American and European fleets.

“We’re excited by this significant milestone that...

https://s29755.pcdn.co/news/arrival-sets-second-us-microfactory-as-public-trading-nears

GSCW chat recap: Circular economy for EV batteries

This fireside chat recap is from Day 5 of FreightWaves Global Supply Chain Week. Day 5 focuses on energy, mining and chemicals.

FIRESIDE CHAT TOPIC: Creating a circular economy for electric vehicle batteries with blockchain

DETAILS: Lauren Roman and Patrick Duffy discuss the importance of recycling electric vehicle batteries and how blockchain technology can help make data more visible as batteries move through the supply chain.

SPEAKER: Roman, business development director, metals and minerals...

https://s29755.pcdn.co/news/gscw-chat-recap:-circular-economy-for-ev-batteries

Tesla unveils battery cells aimed at raising electric cars’ range and power

Tesla on Tuesday unveiled new battery cells that will add energy, range and power to the company’s electric vehicles.

CEO Elon Musk said during Tesla’s annual shareholders meeting and battery day event in Fremont, California, the new battery will also help reduce production costs and allow the company to sell electric vehicles for around $25,000, the same price range as gasoline-powered cars.

“We’re confident that in the long term, we can design and manufacture a compelling $25,000 electric...

https://s29755.pcdn.co/news/tesla-unveils-battery-aimed-at-raising-electric-cars-power-range

Commentary: Do environmental regulations really push markets?

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

Being first in something is not always laudable. For instance, on June 25, 2020 California mandated that truck manufacturers produce increasingly higher percentages of zero-emission vehicles. This mandate applies to any truck manufacturers of Class 2 (e.g., light trucks like the Ford F-150) through Class 8 (e.g., tractors suitable for 18-wheel semi-trailers).

The...

https://s29755.pcdn.co/news/commentary-do-environmental-regulations-really-push-markets

Motiv expands electric chassis footprint

Motiv Aramark Truck

Motiv Power Systems Inc., which counts more than 1 million miles of travel on its battery-electric truck and bus chassis, sees a coming breakout for zero-emission commercial vehicles.

“Fleets can see the technology’s ready. And so they want to get in early enough to be influencing the technology and make sure it works in their operations, as opposed to trying to scramble on the back end,” Motiv CEO Matt O’Leary told FreightWaves.

A former Ford Motor Co. (NYSE: F) manufacturing executive, O’Leary...

https://s29755.pcdn.co/news/motiv-expands-electric-chassis-footprint

Will Nikola’s breakout chart path for other high-tech startups?

Nikola Badger electric pickup truck

As shares in electric truck startup Nikola Corp. (NASDAQ: NKLA) surge, a banker who ran the book on the company’s reverse merger said similarly structured public offerings in clean transportation are likely this year.

Nikola went public on June 4 following a merger with VectoIQ, a “blank check” company created specifically to invest in Nikola, which it chose from more than 100 companies it examined over two years. The official term is Special Purpose Acquisition Company (SPAC).

Nikola shares...

https://s29755.pcdn.co/news/will-nikolas-breakout-chart-path-for-other-high-tech-startups

+ More