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Much-loved EV startup Arcimoto warns of bankruptcy, idles factory

Teslarati

The company also noted that it had idled its factory in Eugene, Oregon because it was almost out of funding. Our need to raise additional funds to sustain operations and reach our vehicle production goals is dependent on how quickly we can secure financing and reduce the cost of our vehicles. “We

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Next 10 report finds California will meet or exceed original target of 1.5M ZEVs by 2025

Green Car Congress

Current trends suggest that barriers to EV adoption such as price, range, selection and charging-time will continue to diminish, as costs come down and technology improves. Total Cost of Ownership: An analysis of 17 popular 2017 models found ZEVs can already be price competitive now, without government incentives.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

Charging infrastructure financing: Unlocking Up $4.5 Loan guarantees can be an important tool to commercialize innovative technologies because these projects may be unable to obtain full commercial financing due to the perceived risks associated with technology that has never been deployed at commercial scale in the United States.

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8-state alliance releases action plan to put 3.3M ZEVs on their roads by 2025

Green Car Congress

The partner states are California, Connecticut, Maryland, Massachusetts, New York, Oregon, Rhode Island and Vermont. It also includes working with automakers and dealers to identify, evaluate, and implement creative financing approaches and other effective strategies to reduce vehicle purchase price and increase ZEV sales.

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DOE to award $118M to 17 projects to accelerate domestic biofuel production

Green Car Congress

Financing for novel biorefinery process systems can be a barrier to commercializing advanced biofuels, and this funding will reduce technological uncertainties and enable industry deployment. USDA’s Agricultural Research Laboratory (ARS) in Corvallis, Oregon will assess biochar quality for soil uses, including returning carbon to forest.

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The State of Medium- and Heavy-Duty Vehicle Electrification

Driivz

Massachusetts, New Jersey, New York, Oregon, Washington, and Vermont are adopting the same rules. These fleet owners will be challenged by the cost of building charging infrastructure and long — even multi-year — lead times for grid connections. With approval from the U.S.

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Ford Smart Mobility shifts from research to implementation; company announces new programs, next areas of focus

Green Car Congress

Ford Credit is inviting 14,000 and 12,000 customers in six US cities and London, respectively, to sign up to rent their Ford Credit-financed vehicles to prescreened drivers for short-term use, offsetting monthly vehicle ownership costs. It runs through November. Earlier post.).

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