By: Andrea Vittorio Source: Bloomberg Electric car charging stations, potentially vulnerable to hacking, face heightened security concerns as shifts in the auto industry coincide with rising cyberthreats. President Joe Biden in early August set a goal for electric vehicles to represent half of all new vehicles sold in the U.S. in…

By: Chris Bryant Source: Bloomberg To say it’s absurd that an electric-truck maker that hasn’t yet delivered any trucks to regular customers should seek an $80 billion valuation is to state the obvious. That isn’t a knock on Rivian Automotive Inc., which announced Friday that it has filed for an IPO confidentially. From what we can…

By: Mary Jane McCaghren Source: Mercer Capital Is Tesla’s Grip On the EV Market as Iron Clad as It Once Seemed? Electric vehicles have continued to gain momentum, forecasted to reach 3.55% of the U.S. market share of total vehicles by the end of this year. While this is still a relatively small portion of total auto sales,…

By: Daniel Yergin Source: Politico The electric future is coming. But how quickly is less certain. The No. 1 factor speeding the shift to EVs is governments putting an increasingly heavy foot on the accelerator. The European Union is proposing tough regulations on carbon dioxide emissions from cars made or sold in Europe that would…

By: Mike Stanton Source: NADA.org NADA on Wednesday released the following statement in connection to the Alliance for Automotive Innovation’s EV Charging Infrastructure Principles: America’s franchised new-car dealers are all-in on EVs, and more importantly are absolutely essential to the widespread adoption of EVs by mass-market…

By: McKinsey Source: McKinsey That hum in the distance is the sound of the concept of mobility changing—for the better. While challenges to the electrification of the vehicle parc persist, opportunities worth fighting for also lay ahead. This is particularly evident in cities, where emissions, congestion, and safety constitute major…

By: Keshia Clukey Source: Bloomberg The sale of new gas-powered cars and trucks will be banned in New York State in 14 years under legislation signed by Gov. Kathy Hochul on Wednesday. The measure ( S.2758/A.4302 ) sets into law a state goal to have all New York sales or leasing of new passenger cars and trucks—as well as off-road…

By: Sarah E. Hunt Source: The Bureau of National Affairs, Inc. The transformation to electric vehicles is a critical part of lowering greenhouse gas emissions, but using EVs as a single-source solution comes with downsides, according to Sarah E. Hunt and Jeremy Hurewitz, with the Joseph Rainey Center for Public Policy. Those include…

By: Matt McFarland Source: CNN Business Washington, DC (CNN) Frustrated Tesla owners continue to wait for "full self-driving," an expensive and long-delayed software feature that isn't even guaranteed to help their cars' resale values. Some of the company's earliest backers of the "full self-driving" option are even beginning to lose…

By: David Ferris Source: EnergyWire ENERGYWIRE | Americans always have had exactly one choice when it comes to all-electric carmakers: Tesla. Starting this month, they will have another. Rivian Automotive Inc. rolled its first pickup truck destined for regular customers off its assembly line in Normal, Ill., last week, and first…