It's not unheard of for the fans of well-loved brands—e.g. Tesla—to decide to buy shares in the company. It's somewhat less common for companies to reach out to their customers en masse and pitch all of them on buying shares in the company. That's apparently what the Blink charging network has done, according to numerous posts in... Blink charging-station network hits up users to buy shares
It's not unheard of for the fans of well-loved brands—e.g. Tesla—to decide to buy shares in the company. It's somewhat less common for companies to reach out to their customers en masse and pitch all of them on buying shares in the company. That's apparently what the Blink charging network has done, according to numerous posts in...
Most reports on startup electric-car maker Faraday Future tend to describe it as "struggling," and that may be an understatement. It halted work at its Nevada-based production facility in 2016; the startup company's main backer, China's LeEco, acknowledged this past May it was experiencing financial problems; and Faraday Future has been clamoring...
How would you know that the standard model for individuals buying new cars is dying? Sure, you could point to car sharing services like Car2go or Zipcar. Or you might point to ride hailing companies like Lyft or Uber. Maybe you think the subscription model for the Hyundai Ioniq Electric subscription service is the hot new thing. DON'T MISS: GM's...
XL Hybrids carved its niche in the vehicle-electrfication segment by offering hybrid conversion kits for regular gasoline-powered vans, commercial trucks, and pickups. Thus far, the Boston-based start-up has found success and a recent round of venture capital funding raised another $22 million. Notably, Swedish furniture company Ikea Group...
Despite a recent downturn, the Chinese government is moving full-speed ahead to invest heavily in renewable energy. The country's national regulators have already promoted renewable energy as a possible cure for the country's notoriously-bad air pollution. But China has placed more emphasis on renewable power in its latest five-year economic plan...
It goes without saying that mass adoption of electric cars would lead to a massive decrease in oil consumption over time. So far, though, the oil industry hasn't seemed to give plug-in electric cars much attention. ExxonMobil and OPEC have both predicted that, even by 2040, electric cars will make up less than 10 percent of global new-car sales...
Stricter global emissions standards are putting significant pressure on carmakers to improve fuel efficiency and make greater use of electric powertrains. But that may not be the sole force driving automakers toward reduced carbon emissions. Cutting emissions is also a priority for at least some of their investors, it seems. DON'T MISS: India, EU...