charging infrastructure

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said on Thursday that though the company tried ‘very hard’ to get the European Union to consider the Tesla charging design, it refused. What Happened: Tesla’s design is “fundamentally better in every way for consumers,” Musk said...

The global road transportation market could hit carbon neutrality by the year 2050, according to a new analysis of the electric vehicle market by Bloomberg. Here are the key takeaways from the report. What Happened: In 2021, electric vehicles had market shares of 1% for vans and trucks, 9% of...

A state known for its ties to the automotive industry could become the first in the country to install a road that can charge your electric vehicle as you go. What Happened: Michigan is exploring the technology and costs associated with creating a stretch of road that would charge your electric...

Electric vehicle manufacturer Lightning eMotors Inc (NYSE: ZEV) went public via SPAC and saw shares fall below $10 after the merger was completed. Here’s why shares are spiking past the $10 level Tuesday. What Happened: Lightning eMotors announced a multiyear deal with Forest River...

A leading Pan-European charging company for electric vehicles announced a SPAC deal Wednesday with plans to continue expansion in the fast-growing market. The SPAC Deal: Allego announced a SPAC deal with Spartan Acquisition III Corp (NYSE: SPAQ). The deal values the company at an enterprise...

A charging infrastructure company is going public in a SPAC merger announced Wednesday morning. The SPAC Deal: Wallbox will go public via SPAC merger with Kensington Capital Acquisition Corp II (NYSE: KCAC). The deal values the company at a pro forma enterprise value of $1.5 billion. Kensington...

To help its goal of launching 30 electric vehicles globally by the end of 2025, General Motors Company (NYSE: GM) launched a new charging infrastructure plan Wednesday. What Happened: GM announced the launch of Ultium Charge 360. The new platform will integrate charging networks, on-...

Here are several SPACs that could benefit from a President Joe Biden administration. Charging Infrastructure: Biden has called for more than 500,000 charging stations across the U.S. This could help a company like Switchback Energy Acquisition Corp (NYSE: SBE) to bring ChargePoint public...

Last week, EVgo became the latest charging infrastructure company to announce a SPAC deal to go public during a time that is seeing rapid adoption of electric vehicles and infrastructure. About EVgo: Climate Change Crisis Real Impact I Acquisition Corp (NYSE: CLII) is bringing EVgo public in a deal...