INSIDER
General Motors has reached an agreement to sell its stake in a nearly completed electric vehicle battery plant in Lansing, Michigan.
The Brooks Development Authority has received $1.7 million in federal funding to support the installation of 24 electric vehicle chargers at three sites across its Southeast Side campus.
New vehicle sales in the U.S. rose 5.1% from January through March, as buyers stayed in the market despite high interest rates.
Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to draw more buyers.
The venture capital arms of General Motors and Stellantis are among investors sinking $33 million into a Minnesota company with technology to make magnets for electric vehicle motors without using expensive rare-earth metals.
Stellantis says it plans to invest about 1.5 billion euros, or about $1.6 billion, in Leapmotor, a Chinese electric vehicle manufacturer.
CPS Energy has released its four new Energy Conservation Levels prior to the summer season. Each level is color-coded and consists of tips to conserve and control energy use.
As drivers continue to pay $50 to $60 to fill their gas tanks, is it time to plug it in instead? A growing number of Americans says “yes,” or at least “maybe,” according to a Consumer Reports survey.
