Electric Vehicles News
Stay updated with press releases on electric vehicles. Learn about innovations, market growth, and advancements in EV tech. Gain insights into the evolving landscape of electric vehicles and understand how they are driving the future of sustainable transportation.
May 28, 2026 at 12:20 PM
Bidgely’s EmPOWER AI London Convenes Leaders to Map the Future of Electrification, Load Flexibility, Customer Experience and Energy Affordability
LOS ALTOS, Calif.--(BUSINESS WIRE)--Bidgely is bringing its global insights tour to London from 10-12 June, marking the next vital stop in its premier EmPOWER AI conference series. Part of an international tour spanning Toronto and New York, the London forum serves as an active, collaborative hub for energy retailers ready to lead—rather than react to—rising electrification, critical load flexibility, next-generation customer experience and urgent energy affordability. Through custom workshops...
May 28, 2026 at 8:00 AM
Driivz Annual Report Finds Shift in EV Charging Industry From Expansion to Intelligent Profitability
RALEIGH, N.C.--(BUSINESS WIRE)--Driivz, a Vontier (NYSE: VNT) company and leading global software supplier to electric vehicle (EV) charging operators and service providers, today released its 2026 State of EV Charging Network Operators Report, based on industry data gathered from 300 senior EV charging professionals across North America and Europe. The findings reveal a decisive industry shift from rapid infrastructure build-out toward what Driivz calls ‘intelligent profitability’ or the optim...
May 28, 2026 at 6:00 AM
EV Purchase Consideration Rises in Canada as Cost Pressures Ease, but Practical Barriers Persist, JD Power Finds
TORONTO--(BUSINESS WIRE)--JD Power: EV Purchase Consideration Rises in Canada as Cost Pressures Ease, but Practical Barriers Persist...
May 27, 2026 at 1:47 PM
Haig Partners Releases Q1 2026 Haig Report®: Dealership Buy-Sell Activity Surged 39% in Q1 2026 as Private Buyers Chase Strong Franchises
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Haig Partners LLC, a leading buy-sell advisory firm to auto retailers in the U.S., released the Q1 2026 Haig Report®, its quarterly analysis of dealership buy-sell activity, blue sky valuations, franchise performance, and the broader economic forces shaping automotive retail. Dealership M&A activity accelerated sharply in Q1 even as earnings moderated from historically elevated levels. An estimated 139 rooftops changed hands, a 39% increase over Q1 20...
May 27, 2026 at 7:00 AM
Otovo to Acquire SST – Seventh Acquisition Since December 2025
HOUSTON--(BUSINESS WIRE)--Otovo ASA (Euronext Oslo Børs: OTOVO) today announced it has signed a non-binding letter of intent to acquire SunSystem Technology, LLC ("SST"), a premier U.S. provider of operations and maintenance (“O&M”) services for distributed generation assets. Highlights Transaction expected to comprise of (a) $0.77m cash consideration at closing and (b) a three year earn-out up to $1.3m based upon net income targets, payable in cash and Otovo shares SST had revenue of ~$14m...
May 26, 2026 at 11:57 PM
Faraday Future Attended World Leaders Forum in New York on May 22, Further Advancing the BIBS–FF AI Robotics Institute and the Global Embodied AI Education Ecosystem
LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) (“Faraday Future”, “FF” or the “Company”), a California-based global Embodied AI (EAI) ecosystem company, today announced its participation in the New York special session of the World Leaders Forum, held on May 22, 2026 at the Sheraton LaGuardia East Hotel in Flushing, New York. The forum was organized under the leadership of Ms. Liya Rong, Dean and Co-Founder of Boston International Business School (BIBS), a...
May 26, 2026 at 10:00 AM
Voltera and Revel Announce Combination to Create Scaled EV Infrastructure Platform for Fleet and Autonomous Mobility
LOS ANGELES & NEW YORK--(BUSINESS WIRE)--Voltera and Revel today announced that they have entered into a definitive agreement to combine their businesses, creating a next-generation infrastructure platform focused on building, owning, and operating fast-charging networks purpose-built for autonomous vehicles, electric fleets, and ride-hail deployment in dense urban markets. The combined company will bring together Voltera’s and Revel’s complementary capabilities across real estate, development,...
May 26, 2026 at 8:10 AM
Envirotech Vehicles Provides Milestone Update Following AZIO AI Merger Agreement; Customer Deposits Received Against $118 Million Pipeline, 638-Unit Miner Fleet Deploying at Industry-Low $0.03/kWh Power Cost
HOUSTON--(BUSINESS WIRE)--Envirotech Vehicles, Inc. (NASDAQ: EVTV) (“EVTV” or the “Company”) today announced a series of concrete operational milestones across its digital infrastructure platform, including the deployment of approximately 6 megawatts of modular Bitcoin mining infrastructure at its South Texas site and the commencement of initial NVIDIA B200 GPU hardware deliveries by merger partner AZIO AI Corporation (“AZIO AI”) with an additional $118 million infrastructure pipeline where dep...
May 26, 2026 at 8:00 AM
EV App Churn Falls to Record Low as Owners Remain Engaged, JD Power Finds
TROY, Mich.--(BUSINESS WIRE)--EV app usage has reached a turning point, as higher engagement is now matched by higher expectations, according to the JD Power 2026 U.S. OEM EV App Report,SM released today. Electric vehicle (EV) owners are relying on their apps more often, but they are also less willing to tolerate delays or inconsistent performance. App performance has become the defining factor of the experience as speed and reliability gaps become more visible with increased use. Overall, app...
May 26, 2026 at 7:30 AM
FractalEV Expands Commercial Charging Capabilities with Tap-to-Pay Credit Card Support
WATERLOO, Ontario--(BUSINESS WIRE)--FractalEV, a leader in commercial electric vehicle charging infrastructure, today announced the addition of tap-to-pay credit card functionality as an option in its L2 commercial charger lineup. Powered by the Nayax Uno Mini, this enhancement ensures FractalEV's hardware meets the full breadth of commercial deployment requirements, ranging from workplace charging to retail, hospitality, and beyond. "Our mission has always been to deliver the most reliable, co...
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