Tag: plug-in hybrid
Battery companies are the latest SPAC target as EVs get a huge regulatory boost
Batteries are the latest landing pad for investors. In the past week alone, two companies have announced plans to become publicly traded companies by merging with special purpose acquisition companies. European battery manufacturer FREYR said Friday it would become a publicly traded company through a special purpose acquisition vehicle with…
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Bentley will sell only plug-in hybrids and EVs by 2026
By 2026, all Bentley cars in the company’s lineup will be a plug—in hybrid or a full electric model. The luxury car maker has revealed its plans to become an end-to-end carbon neutral organization, outlining the steps it will take to achieve that goa… Source
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Germany will require electric vehicle charging at every gas station
As part of a 130 billion euro stimulus plan, Germany will require every gas station in the country to install electric vehicle charging stations. As reported by Reuters, this stimulus package includes subsidies for electric vehicle purchasers and tax… Source
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EVs are a rare bright spot in a pandemic-struck European car market
It’s no surprise that car sales were down globally in March due to the coronavirus pandemic. But despite Europe being hit hardest by that decline, battery electric vehicles and plug-in hybrid cars increased their market share across the EU from seven… Source
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Ford cancels Lincoln electric vehicle program with Rivian
Lincoln Motor, the luxury brand under Ford, has canceled plans to build an all new electric vehicle based on Rivian’s skateboard platform. Crain’s Detroit reported that dealers were informed Tuesday. Rivian and Ford said in a statement sent to TechCrunch that this was a mutual decision based on the current…
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The BMW Concept i4 gets us closer to what’s coming in 2021
BMW unveiled Tuesday a concept version of its upcoming i4, an all-electric four-door Gran Coupe with an estimated EPA range of 270 miles and the ability to produce 530 horsepower, pushing it past its high-performance M3 combustion vehicle. The i4 concept vehicle, which was unveiled online because the Geneva International…
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