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Tesla hires longtime GEICO exec to help with insurance costs

Teslarati

Tesla has hired a long-time GEICO executive to manage its Insurance program and make costs and premiums more affordable for drivers. However, Tesla made a major move in an attempt to bring down the costs of its insurance premiums by hiring a longtime GEICO executive whose main priority will be to make the option more affordable for drivers.

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Ford investing $3.5B to build LFP battery plant in Michigan; partnering with CATL

Green Car Congress

LFP batteries are very durable and tolerate more frequent and faster charging while using fewer high-demand, high-cost materials. These LFP batteries will power a variety of affordable, next-generation Ford EV passenger vehicles and trucks under development, most of which will be assembled in the US. With this $3.5-billion

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DOE awarding $7.4M to 7 projects for medium-and heavy-duty EV and hydrogen corridor infrastructure plans

Green Car Congress

million to seven projects to develop medium- and heavy-duty electric vehicle (EV) charging and hydrogen corridor infrastructure plans across 23 states. Los Angeles Cleantech Incubator: First to Last Mile: Creating an Integrated Goods Movement Charging Network around the I-710 Corridor. The US Department of Energy (DOE) has awarded $7.4

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GM reveals new Ultium batteries and flexible global platform for rapid growth of EV lineup

Green Car Congress

Ultium energy options range from 50 to 200 kWh, which could enable a GM-estimated range up to 400 miles (644 km) or more on a full charge with 0 to 60 mph acceleration as low as 3 seconds. Ultium-powered EVs are designed for Level 2 and DC fast charging. billion joint venture plant that GM and LG Chem plan to build in Lordstown, Ohio.

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3-Year Cruise Passengers Seek Fraud Charges Over Cancellation

Baua Electric

Instead, more than a month after the cruise was abruptly canceled, one couple is stranded in an Istanbul hotel and on the verge of becoming homeless; another woman has moved to Ecuador because she can’t afford to pay her mortgage; and a man, recently diagnosed with cancer, has delayed his treatment because he doesn’t have the money to pay for it.

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Fisker releases details on $29,900 Pear production in the US

Teslarati

We created this vehicle with the idea that young people living in the world’s big cities need innovative, versatile, and affordable mobility,” said Chairman and CEO Henrik Fisker. It plans to build a factory in Ohio for Fisker Pear production. Fisker is collaborating with Foxconn to produce the Pear.

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GM delays opening of Ultium Cell plant in Tennessee

Teslarati

Ultium is GM’s plan for EV development in the sector, and the company has been producing Ultium cells at another plant in Warren, Ohio. The Ultium cells will increase affordability, enable faster charging times, and increase vehicle longevity.

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