Tag Archives: automakers

[unable to retrieve full-text content]Why automakers are backtracking on their ambitious EV game plans  Yahoo Finance Source link

Uber’s recent tie-up with Hertz and Tesla on the electric vehicle front has garnered a good bit of attention (and market gains for Hertz and Tesla, in particular), but Lyft’s co-founder John Zimmer wants to remind everyone his company was first to pledge to an all-electric fleet future.  Zimmer reiterated in an interview on Yahoo Finance Live on Wednesday a commitment to have an all-electric fleet by 2030. The company is in active discussions with the major automakers to bring EVs to its… Source link

Automakers and pure play electric vehicle makers got a boost this week by President Joe Biden’s “Buy American” plan. His “Made in America” executive directs the federal government to spend taxpayer funds on American made goods and products, including a plan for fleet vehicle purchases to go green. “The federal government … owns an enormous fleet of vehicles, which we’re going to replace with clean, electric vehicles made right here in America by American workers, creating… Source link