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Bp Pulse, the global oil leader’s charging infrastructure unit, is teaming up with Hertz to build a network of EV fast chargers in high-demand locations such as airports. The project aims to accelerate EV adoption by providing charging solutions where they are most needed. In September, Hertz and Bp signed a memorandum of understanding (MOU)
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Ford (F) released its third-quarter 2022 earnings report after the stock market close today. The automaker has been battling supply chain bottlenecks all year, warning investors of a hit to its bottom line last month. According to the automaker’s release, Ford beat Q3 2022 revenue as its electric vehicles continue gaining momentum. In addition, the
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Is the world’s largest automaker finally responding to the rapidly changing auto industry? Toyota is now considering ramping up production of its first 100% electric mass-market vehicle, the bZ4X SUV, but not until 2025, according to sources familiar with the plans. Earlier this week, Reuters released that Toyota is considering changing its EV strategy after
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As the public anticipates Maserati’s upcoming Grecale and GranTurismo Folgore BEVs, the Italian luxury automaker is hard at work on a third all-electric model – the GranCabrio. Maserati shared several images of this all-electric convertible prototype today ahead of its official launch sometime next year. Check it out. Maserati S.p.A. is an Italian automaker that’s
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Hyundai delivered another strong performance in the third quarter as several popular EV models led to 27% EV sales growth. However, analysts believe with the new tax credit provisions from the Inflation Reduction Act, a drop in demand “seems inevitable” for foreign automakers like the Hyundai Group. Despite plans to start construction on its first
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The US Department of the Interior today announced that the Bureau of Ocean Energy Management (BOEM) will hold an offshore wind energy lease sale on December 6, 2022, off central and northern California. It’s also the first-ever US sale to support potential commercial-scale floating offshore wind energy development. BOEM director Amanda Lefton made announcement at
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