Lightyear will borrow tech from Swedish supercar builder Koenigsegg for its upcoming mass-market solar-assisted EV. Koenigsegg is also investing in Lightyear, the two companies confirmed in a press release. The startup unveiled its first production car, the Lightyear 0, in June with a price tag equivalent to roughly $260,000 and an initial run of... Mass-market Lightyear 2 solar car aims for efficiency boost with tech from supercar maker Koenigsegg
Lightyear will borrow tech from Swedish supercar builder Koenigsegg for its upcoming mass-market solar-assisted EV. Koenigsegg is also investing in Lightyear, the two companies confirmed in a press release. The startup unveiled its first production car, the Lightyear 0, in June with a price tag equivalent to roughly $260,000 and an initial run of... 
Global EV sales are steadily increasing with help from regulators, but that won't matter if existing gasoline and diesel vehicles aren't retired quickly, new research argues. "The slow speed of fleet turnover presents a substantial barrier to deep decarbonization," researchers state in a new book on energy transition (via Axios). Researchers... 
A 240-volt Level 2 AC home charger is becoming necessary to make EV ownership practical, but not all houses are ready for one. Multinational equipment supplier Siemens claims to have a workaround. Siemens recently announced a partnership with ConnectDER (pronounced "connector") to develop a proprietary plug-in adapter for EV charging. This will... 
Florida has a high number of registered electric cars, but no comprehensive plan to develop charging infrastructure. One company aims to fill that void. Invisible Urban Charging (IUC) last week announced plans to install 6,000 EV chargers in Florida. That will double the number of chargers in the state, and make IUC the largest charging operator... 
Congress appears close to passing a long-awaited extension—and expansion—of the federal EV tax credit. Legislation containing the expanded tax credit is on the verge of being passed by the Senate, after a deal was struck between Majority Leader Chuck Schumer and Senator Joe Manchin, who has opposed most of his party's agenda. If passed... 
A coalition of 17 states, as well as the District of Columbia and Canadian province of Quebec, plan to electrify 30% of new trucks and buses in their jurisdictions by 2030. That's the initial goal of an action plan drafted and adopted by those jurisdictions, which also sets the goal of making 100% of new truck and bus sales zero-emission no later... 
The Honda Prologue electric SUV will be based on a General Motors platform, but Honda says it will get its own unique styling. The automaker on Wednesday released a video on the design process for the Prologue, which is scheduled to launch in 2024. The SUV will have a design theme called "Neo-Rugged," Honda said in an accompanying press release... 
Faraday Future is pushing back the production launch of its FF91 electric SUV somewhat, to the "third or fourth quarter of 2022," and claiming it needs more cash, the company stated Monday in a filing. First reported by Bloomberg, the filing claims Faraday is in need of more cash to fund its operations through the end of the year. Faraday also... 
General Motors says it has "contractually secured" all battery raw materials to meet its goal of establishing annual North American production capacity for 1 million EVs by 2025. That confirmation came as part of announcements of two supply deals for raw materials, including one with lithium supplier Livent for lithium hydroxide. The material... 
Some automakers have expressed concern about EV costs, but not Porsche. The German automakers claims EVs can be more profitable than its current gasoline models, according to Automotive News. Ahead of a planned stock market listing later this year, Porsche is telling investors that exactly that, according to the report. But is there any substance...