The company has processed more than 10 million pounds of EV battery black mass, highlighting growing demand for recycling and lifecycle management as more electric vehicles enter the used market.
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Near-term EV market performance is expected to remain uneven, while elevated new-vehicle inventory and softer consumer demand may continue to pressure sales and pricing.
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The $20 million in Series A funding from Lightspeed will enable Plug to boost supply, develop more technology, and widen wholesale and retail sales channels.
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With the expiration of federal incentives, EV success now hinges less on government policy and more on discounts, battery tech progress, increased range, and broader infrastructure.
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As federal EV incentives near expiration, a new study shows demand has stalled, used supply is surging, and Tesla models top the list of vehicles losing the most value.
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Commentary/Analysis: The Democratic Party has challenged the industry by pushing an aggressive green agenda while the Trump administration is now forcing tariffs – a one-two punch the industry hardly deserves.
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Analysis/Commentary: Billions have already been deployed toward EV manufacturing, and the industry cannot walk away from it, but we need to find a way to do this profitably.
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Experian becomes the exclusive provider of electric vehicle data to The EVs for Everyone Podcast.
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Fleet operators who run both types of vehicles are more satisfied with electric vehicles despite higher costs, a study shows.
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CAR 2024: Negative media headlines about EVs abounded in the past year, bringing a dose of reality mixed with some exaggeration that data and facts can correct.
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