The Lion Electric Company is reducing its workforce, combined with other cost-cutting measures, aimed at further reducing its operating expenses and aligning its cost structure to current market dynamics, the company said. The workforce reduction affects approximately 120 employees, mostly those based in Canada in overhead and product development functions. The company said this measure…

More than 100 Navistar dealer locations are ready to guide fleets through their electric vehicle (EV) journey, according to the carmaker. With more than 100 EV authorized dealers and more in process, Navistar said it will have more than 30% of its dealer locations ready to support the sale and service of both international and IC…

Green Li-ion, a lithium-ion battery recycling technology company, launched its first commercial-scale installation to produce sustainable, battery-grade materials, the first of its kind in North America, it said. The plant, located within an existing recycling facility, will produce battery-grade cathode and anode materials from concentrated components of spent batteries using Green Li-ion’s patented multi-cathode-producing “Green-hydrorejuvenation”…

Wallbox, a global provider of electric vehicle (EV) charging and energy management solutions in Barcelona, Spain, revealed that Luis Boada will join the company as chief financial officer, effective May 15. Following a transition period, Wallbox also will propose the appointment of Jordi Lainz as a member…

Published: April 8, 2024 Lime, Hight Logistics and Forum Mobility revealed a new deal for zero-emissions port-to-hub shipping for all Lime freight arriving in North America through the Ports of Los Angeles and Long Beach. Forum Mobility is providing electric trucks and charging to Hight Logistics, a family-owned drayage provider in Long Beach, CA.…

Yoshi Mobility recently closed its $26 million Series C funding round. The round includes strategic investors General Motors Ventures and Bridgestone Americas, as well as international investors Universal Motors Agencies and Shikra Limited. Launched out of Y Combinator in 2016, the company is also backed by ExxonMobil, DN Automotive, NBA All-Star Kevin Durant, and NFL…

The construction of a major battery manufacturing complex in Arizona, announced by LG Energy Solution last year, is on track to be completed in two years with the first round of hiring expected to begin at the end of this year. The company provided progress updates on its $5.5 billion stand-alone facility during a stakeholder…

MoveEV introduced Lindsey Bleimes as its new CTO. Bleimes will oversee the technological advancement and expansion of the company’s flagship product, ReimburseEV, a SaaS product that delivers expense management and IRS-compliant employee reimbursement solutions for charging electric fleet vehicles at home. “Lindsey’s deep experience with software technology, product development, integrations and team management are unparalleled,”…

Unico introduced the BAT300 Series at this year’s International Battery Seminar. Unico said the BAT300 Series is based on the Unico IDAC power platform and offers performance, efficiency and versatility at a reduced cost. “With the recent acquisition of Present Power Systems, we’re already harnessing technologies from…

Canoo revealed that the U.S. Department of Commerce has approved its Oklahoma City facility as a Foreign Trade Zone (FTZ). The company said this will accelerate its made-in-America EV manufacturing strategy, improve unit profitability and enable a faster path to break even. Canoo said its Oklahoma City…