Kameale Terry's journey began with a harsh reality check. As she took care of her ailing mother in their hometown of South Central Los Angeles, she discovered a critical issue plaguing the expanding network of electric vehicle charging stations across the US – a workforce to maintain them. With her
The sudden surge of nimble pure-play electric vehicle (EV) makers from China has left traditional automakers scrambling to rethink their strategies. Led by companies like Nio, Li Auto, Xpeng, BYD, Zeekr Intelligent, and Xiaomi, Chinese EV makers have captured significant market share by leveraging l
As the global automotive industry is constantly evolving, two of the world's leading carmakers, Hyundai and General Motors (GM), have agreed to join forces in an effort to accelerate innovation and cut costs. The historic collaboration aims to develop new vehicles, streamline supply chains, and fost
The Chinese electric vehicle (EV) market is facing yet another challenge as the government in Beijing has issued a recommendation to protect key technology by keeping advanced electric vehicle parts within the nation. This move has sent shockwaves through the industry, causing Chinese EV stocks to p
It's no secret that Ford's Pro commercial and fleet business has been a cash cow for the automaker, with CEO Ted Cannis at the helm. But now, Cannis is hanging up his hat after 35 years with the company. As he departs, Ford has announced an interim replacement, Andrew Frick, president of Ford's trad
Imagine an industry that's not only stable but also surging in value. That's what's happening with utilities in 2024. With a 20% increase in value, this sector has become the darling of Wall Street. But why are investors flocking to utilities? One reason is the growing demand for data centers. These
A new, massive battery recycling plant is being built in Germany by Cylib, a startup backed by Porsche and Bosch. This facility, costing over 180 million euros ($200 million), is expected to be the biggest of its kind in Europe, capable of recycling 30,000 metric tons of end-of-life batteries each y
This week's newsletter dives into the world of micromobility, self-driving cars, and electric vehicles, highlighting both exciting advancements and lingering questions. First up, Lyft is restructuring its micromobility business, getting rid of dockless rides and laying off a small percentage of its
