Page 12 - Tim Levin News Today

Hindenburg Research alleged that Lordstown's 100,000 preorders are "largely fictitious." Shares of the EV maker plummeted nearly 20% on the news.

The German carmaker's chief executive hasn't been shy about his aspirations to "catch up with Tesla."

Disney will provide a firm reopening date in the coming weeks, CEO Bob Chapek said. The company lost billions last year because of park closures.

In emails to the California Department of Motor Vehicles, Tesla said it doesn't expect the beta software to get significant enhancements.

EVgo President Joe Biden wants the US to build 500,000 electric vehicle charging stations over the next decade.  The US could have 35 million EVs by 2030, requiring millions of plugs where the country only has 100,000.  More plugs would do wonders for an industry transition to EVs, but enticing companies to build them isnt always easy. With plans to eliminate the countrys carbon footprint by 2050, Joe Biden could easily be the greenest president in American histo...

Kroger's digital sales more than doubled in 2020, but the chain forecast a bigger-than-expected slowdown for 2021.

Tesla's operating profit will be $20 billion in 2025, the analysts estimate, but only half will come from sales of its electric vehicles.

Carlos Jasso/Reuters The Petaluma City Council also moved to streamline the process for building EV charging stations.  The small city aims to be carbon-neutral by 2030.  Petaluma, California, on Monday became the first US city to ban the construction of new gas pumps and stations, as a global push toward electric vehicles accelerates. On February 22, the Petaluma City Council unanimously approved a bill that is meant to prohibit new gas pumps and support efforts...

Volvo follows in the footsteps of a handful of car companies — GM and Ford included — that have pledged to eliminate gas-powered cars.

Matt Reamer/Lime Mobility startup Lime will invest $50 million to grow its shared e-bike service. On Monday, it announced plans to expand its bike-share service to 25 new cities in 2021.  It will also launch a new model with a more powerful motor and a swappable battery.  Lime announced Monday that it plans to invest $50 million to expand its shared electric bike service as the pandemic continues to fuel a biking boom.  The firm started out in 2017 as a bike-sha...