Shell USA will acquire Volta in an all-cash transaction valued at approximately $169 million. The companies say the transaction brings Volta’s dual charging and media network to Shell’s established brand and seeks to unlock long-term growth opportunities in electric vehicle (“EV”) charging. Under the terms of the…

The U.S. Department of Energy (DOE) has announced $42 million in funding for 12 projects to strengthen the domestic supply chain for advanced batteries that power electric vehicles (EVs). Projects selected for the Electric Vehicles for American Low-Carbon Living (EVs4ALL) program aim to expand domestic EV adoption by developing batteries that last longer, charge faster,…

Omni United, makers of Radar, Patriot and Roadlux Tire brands, has announced its plans to serve EVs with its tires. The company said its new EV strategy is a two-pronged approach, wherein the first phase will see EV-compatible ranges while the second phase will have a dedicated specialty EV range. …

Nikola Corporation has received a California Air Resources Board (CARB) Zero Emission Powertrain (ZEP) executive order that is a requirement for Nikola's Tre hydrogen fuel cell electric vehicle (FCEV) to be eligible for CARB's Hybrid and Zero Emission Truck and Bus Voucher Incentive Project (HVIP) program. Following receipt of this executive order, Nikola has submitted…

J.D. Power says it has purchased ZappyRide, an electric vehicle (EV) data company that builds white-label software and tools for automotive original equipment manufacturers (OEMs), electric utilities and other greentech stakeholders. According to J.D. Power, ZappyRide is uniquely positioned to deliver a comprehensive range of software and services that include strategic planning for electrification programs,…

LG Energy Solution and Honda Motor Co. have established a joint venture (JV) that will produce lithium-ion batteries for electric vehicles (EV) produced by Honda. The JV will begin construction on a new battery plant early this year with the goal of completion by the end of 2024 and starting mass production of advanced lithium-ion…

The U.S. Department of Energy (DOE), through its Loan Programs Office (LPO), has announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee and Michigan. Ultium Cells, a joint venture between General Motors and LG Energy Solution, will…

Mullen Automotive, Inc. has announced Randy Marion Automotive as the first dealer group partner for Mullen’s commercial EV lineup, which is set to launch in the U.S. in 2023. In addition, Randy Marion put in a purchase order for 6,000 Class 1 EV cargo vans from Mullen, valued at approximately $200 million. Mullen’s commercial EV…

Canoo will acquire a new vehicle manufacturing facility in Oklahoma City. Strategically located with easy access to road and rail, the facility will produce Canoo’s LDV and LV vehicles for delivery to customers in 2023. With a dedicated training center, Canoo’s Vehicle Manufacturing Facility will employ more than 500 people and be equipped to ramp…

Volterra has signed multiple authorized dealer appointment letters intending to enter into a formal dealer agreement with key power sports dealers across the U.S. Big #1 Motorsports in Birmingham, AL, Yamaha Sports Plaza in Fairview, OR and Express Powersports in Bourbonnais, IL are among the dealerships chosen for the planned distribution and sale of its…