Chinese electric carmaker Nio raised roughly $1 billion in its initial public offering Wednesday on the New York Stock Exchange. In August, Nio [NYSE: NIO] announced that it hoped to raise $1.3 billion in its initial public offering. Wednesday’s launch around $6 per share fell short of that, but trading jumped Thursday and Friday well above its…
Source: Hybrid and Electric Car News and Reviews
City leaders pledge to fast-track electric bus fleets
Densely populated cities should consider switching to all-electric truck and bus fleets, elected officials and business leaders agreed this week at the Global Climate Action Summit in San Francisco. The political and manufacturing leaders joined in the “Global Commercial Vehicle Drive to Zero” pledge to focus on electrifying commonly used…
Source: Hybrid and Electric Car News and Reviews
ChargePoint commits to build charging stations for 2.5 million cars by 2025
At the Global Climate Action Summit this week in San Francisco, several companies made commitments to reducing climate change. ChargePoint, one of the oldest electric-car charging networks in the U.S., said Wednesday that it aims to complete enough charging stations globally by 2025 to cover 2.5 million parking spots. The commitment does not…
Source: Hybrid and Electric Car News and Reviews
Tesla expands Supercharging access and range for those fleeing Hurricane Florence
As it did in Hurricane Irma in Florida last year, Tesla has remotely extended the range of some cars for those who need to escape from the path of Hurricane Florence and may not have time charge up more than necessary. The company has also expanded free Supercharging access for cars that didn’t come with it. In any natural disaster situation like…
Source: Hybrid and Electric Car News and Reviews
Nio becomes first Chinese automaker to go public in US
Electric carmaker Nio became the first Chinese automaker to go public on the New York Stock Exchange on Wednesday. In August, the Nio [NYSE: NIO] announced that it hoped to raise $1.3 billion in its initial public offering. Trading in its opening day fell short of that at just over $1 billion. DON’T MISS: Chinese electric carmaker Nio seeks public…
Source: Hybrid and Electric Car News and Reviews
Tesla helps hurricane evacuees, diesel emissions collusion, self-driving semi: Today's Car News
Tesla and the electric car community band together to help owners evacuate as Hurricane Florence barrels toward the East Coast. German authorities uncover collusion among diesel automakers. And Nio begins trading shares publicly. All of this and more on Green Car Reports. Tesla has unlocked a greater electric range for owners of Model S and Model…
Source: Hybrid and Electric Car News and Reviews
Tesla helps hurricane evacuees, 2.5M new charging stations, and emissions collusion: Today's Car News
Tesla and the electric car community band together to help owners evacuate as Hurricane Florence barrels toward the East Coast. ChargePoint plans to build 2.5 million more electric-car charging stations. German authorities uncover collusion among diesel automakers. And Nio begins trading shares publicly. All of this and more on Green Car Reports…
Source: Hybrid and Electric Car News and Reviews
German authorities uncover emissions-cheating collusion among diesel automakers
New documents revealed in a German investigation into diesel emissions cheating show that German automakers, including Volkswagen, BMW, and Mercedes-Benz may have colluded to limit the amount of emissions-cleaning AdBlue diesel exhaust fluid the cars used. The news was reported by the German newspaper Handelsblatt on Tuesday. The AdBlue urea…
Source: Hybrid and Electric Car News and Reviews
Web site helps electric car drivers evacuate Florence, Tesla extends range
Efforts have begun to help North and South Carolina and Virginia residents who drive electric cars to evacuate Hurricane Florence. Mass evacuations, as well as hurricanes, pose a special challenge for electric cars. Older models still have relatively short ranges, and may require multiple recharges to get far enough away from a hurricane the size…
Source: Hybrid and Electric Car News and Reviews
Aston Martin Rapide E, LA electric cars for Olympics, and Tesla drops colors: Today's Car News
Aston Martin reveals detailed specifications on its first electric car, the Rapide E. Los Angeles sets targets for electric cars as it prepares to host the 2028 Olympic games. Tesla drops two paint colors for the Model 3 and raises prices for the dual motor all-wheel-drive option. And Chevrolet recalls Volt and Bolt EV models over brake parts. All…
Source: Hybrid and Electric Car News and Reviews