EV

The Department of Energy said the U.S. is taking a 5% equity ownership in Lithium Americas, a company that’s working to open up one of the world’s largest lithium mines at Thacker Pass in Nevada.

But used EVs coming off of leases will continue to come onto the used car market.

Building the right facilities to power big rigs at scale requires a lot of pieces to fall into place.

Charging stations could become a sought-after amenity, though structural and cost issues may come into play.

This week the DOE announced a $20 million grant to partially finance this new manufacturing facility. It’s part of an emerging EV battery reuse ecosystem.

Chinese carmakers can sell affordable EVs because of subsidies, fierce competition, a comprehensive supply chain and cheap labor.

The Detroit automaker is gambling that the combination of an SUV body shape, electric drivetrain, and the Mustang badge, will attract buyers.

The announcement moves Tesla closer to taking EVs mainstream.

This week, Tesla announced its plans to build a plant in Shanghai amid trade tensions between the U.S. and China

The automaker has had a rough 2018. Here's how it might turn things around.