Blink Charging Co. plans to expand its network of electric vehicle charging stations using cash from a January stock offering that raised about $221.4 million, according to a report in The Wall Street Journal. Shares closed at $34.64 on Wednesday, having surged to around $60 from about $9 following the election of President Biden, who […]
EV Charging Giant Opening HQ in Atlanta
Dutch EV charging system manufacturer Heliox announces its North American headquarters in Atlanta. North America is due to become the largest market for e-mobility in the next five years. And, last month, President Biden proposed spending $20 billion to electrify at least 20% of school buses and $25 billion to electrify transit vehicles as a […]
Biden Looks Abroad For Electric Vehicle Metals, in Blow to US Miners
The US Commerce Department is organizing a June conference to attract more EV manufacturing to the country. The plans will be a blow to US miners who had hoped Biden would rely primarily on domestically sourced metals, as his campaign had signaled last autumn, to help fulfill his ambitions for a less carbon-intensive economy. US […]
Biden Pushes EV Plans With a Sneak Peek at Battery-Powered F-150
President Joe Biden’s highlighted his $174 billion proposal to transform the automobile industry in a visit to a Ford Motor Co. plant in Michigan on Tuesday, even as a global chip shortage hinders production. Biden got a sneak peek at the F-150 Lightning — an all-electric version of the pickup that has been the best-selling […]
Hyundai to Invest $7.4 bln in U.S. by 2025, With Electric Cars in focus
Biden has called for $174 billion in new spending to boost electric vehicles and charging. South Korea’s Hyundai Motor Group said on Thursday it planned to invest $7.4 billion in the United States by 2025 to produce electric vehicles, upgrade production facilities and further its investment in smart mobility solutions. The announcement came before U.S. […]
What Solar Pioneer’s Turbulent Path Means for Biden
An entrepreneur backed by Bill Gates has taken up a challenge of keen interest to the Biden administration: perfecting double-decker tandem solar cells to give U.S. companies a new foothold in global clean energy competition. But the scars borne by Frank van Mierlo’s small Massachusetts company, 1366 Technologies, carry warnings for U.S. companies and for […]
Climate crisis not America’s fight alone, but global one: Biden
Biden has rejoined the landmark accord soon after assuming office in January.Under the Paris agreement, each country has to set its own emission-reduction targets, known as national determined contributions and the pacts goal was to limit global warming to well below 2 degrees Celsius. I kept my commitment to convene a climate summit in America […]
Solar tracker maker FTC Solar’s shares jump 17% in Nasdaq debut
Shares of FTC Solar Inc jumped as much as 19% in their Nasdaq debut on Wednesday, driven by rising investor interest in companies expected to benefit from U.S. President Joe Biden’s green energy initiatives. The solar tracker system provider’s stock opened at $15.21, up from its $13 initial public offering price, valuing the company at […]
Partnership with India to achieve climate, energy goals core pillar of bilateral cooperation: Biden
Biden made the comments a day after India and the United States announced a “US-India Climate and Clean Energy Agenda 2030 Partnership” to create stronger bilateral cooperation on actions in the current decade to meet the goals of the Paris Agreement. New Delhi: US President Joe Biden on Friday said that he is looking forward […]
Biden wants 500,000 EV chargers by 2030: Here’s how that works
The Biden Administration wants 500,000 EV chargers across the US, and now the White House is explaining just how that’ll roll out – and some of the new technology it’s counting on to make zero-emissions transportation more feasible. The ambitious charger goal was announced back in March 2021, with President Biden’s $2 trillion infrastructure plan […]