 Electrify America released its first-quarter report to the California Air Resources Board, which shows that the EV charging company delivered more than 300,000 sessions in the state. The total represents a 6x increase from Q1 2021. More: - Electrify America delivered 10 GWh of energy, the equivalent of 35.9 million miles. The company estimates the electricity used prevented 1.4 million gallons of gasoline from being used by drivers.
- During Q1, the EV charging company installed 12 locations across California.
- At the end of the quarter, Electrify had submitted 275 permits.
- Electrify's standard unit charges up to 350 kW, the equivalent of an average of 20 miles per minute.
| |
 Stellantis and Samsung SDI announced their plan to invest $2.5B in a joint venture battery manufacturing plant in Kokomo, Indiana. The companies expect to have an output capacity of 23 GWh at the new site, increasing to 33 GWh in "the next few years." More: - Stellantis and Samsung expect to begin production at the new plant in 2025.
- The companies see the potential to gradually increase the investment to $3.1B.
- The project would be eligible for state incentives of up to $186.5M. The city of Kokomo, Howard County, and Duke Energy have also offered incentives.
- Stellantis is seeking to invest $35B into EV production and software through 2025.
- $STLA was flat for the day on Wednesday morning.
| |
 A message from OUTSYSTEMS Ready to get started on your cloud-native journey? Cloud-native app development used to just be for the tech elite. Now, companies of all sizes are overcoming common development challenges with cloud-native development. Join OutSystems and AWS at the virtual Cloud Innovation Summit on June 7-8 to learn about: - The future of cloud-native development and how you can build custom cloud apps capable of global scale and continuous change
- The power of microservices, containers, CI/CD, and DevOps
- How your peers have built and deployed business-critical applications with the OutSystems low-code platform
Register Today
| |
On Wednesday, consulting companies J.D. Power and LMC Automotive cut their forecast for global light vehicle sales, expecting 80 million units this year, down from their previous estimate of 81.7 million vehicles. The main drivers of the forecast change are the effects on production from COVID-19 lockdowns in China and the war in Ukraine. More: - Total new vehicle sales for May, including retail and commercial sectors, are expected to decrease 18% YoY to 1.2 million units in the U.S.
- Retail sales are expected to drop by 20.9%, with the average transaction price projected to reach a May record at $44,832.
- The annualized rate for new vehicle sales in the U.S. is expected to decrease by 3.3 million units from May 2021 to 13.6 million vehicles.
| |
The Vancouver city council approved a measure requiring all gas stations and commercial parking lots to install EV chargers by Jan. 2025. The locations that do not set up chargers could face a $10,000 annual fee. More: - The city council report estimates the average cost of installing four Level 2 EV chargers to be $100,000, with a yearly business license fee of $163 for parking lots and $263 for gas stations.
- There are 66 gas stations and 366 commercial parking lots to which the new rule would apply.
- The city of Vancouver aims to cut emissions to 50% of 2007 levels.
- 40% of the city's carbon emissions are attributed to the transportation sector.
| |
 A message from ADOBE MARKETO Done right, metrics and analytics can strengthen trust, build budget, and increase business impact for marketing teams. But according to Forrester, 77% of global B2B decision-makers say that using data and analytics to guide decisions is one of their top weaknesses. Our fact sheet, Metrics That Make a Big Difference, covers helpful tips for measuring — and proving — the value of your marketing content and campaigns. A few tips to get you started: - Tip #1: Don’t fixate on costs.
- Tip #2: Define your metrics —and how you’ll measure them—upfront.
- Tip #3: Choose a marketing attribution model.
Download the guide to see the rest of our tips, and in-depth analysis of how, why and when they should be applied. Claim your copy
| |
Electrify America announced it has reached an agreement with Bank of America to double the number of EV charging stations at the financial centers by the end of 2023. The companies plan to have 350 chargers in over 90 banks. More: - In the first five months of the year, Electrify America installed 192 EV chargers in 51 banking locations in Washington, Oregon, California, Illinois, Florida, Virginia, Georgia, Maryland, New Jersey, and Massachusetts.
- The companies plan to add locations in Colorado, Connecticut, Indiana, North Carolina, New York, Oklahoma, and Texas.
- Electrify America aims for 1,800 charging stations with 10,000 chargers across its network in the U.S. and Canada by 2026.
| |
Stellantis CEO Carlos Tavares said he expects electric vehicle battery shortages in 2024 to 2025, to be followed by an undersupply of raw materials by 2027 to 2028. The automaker believes this will slow down EV adoption. More: - "The speed at which we are trying to move all together for the right reason, which is fixing the global warming issue, is so high that the supply chain and the production capacities have no time to adjust," said Tavares.
- Tavares also criticized government EV adoption plans, such as the U.K. proposal to ban the sale of ICE-based vehicles by 2030 and the White House's goal for 50% of vehicles to be EVs by the end of the decade. "Stop playing with the rules. Leave the rules as they are and let people work properly," he said.
| |
Quick Hits: - Bubbles, with users from around the world, encourages teams to decline meetings-that-should-have-been-emails.*
- Tesla released its 16.0.2 software update, which enables better calculation of range using weather factors such as crosswind, headwind, humidity, and ambient temperature. The update also includes media player account linking, such as Spotify login, to the driver profile. The EV maker also reduced latency for TeslaMic in the update.
- Harley-Davidson's electric motorcycle unit LiveWire sold out of the first 100 Launch Edition Del Mar S2 model within 18 minutes. The bikes were priced at $15,000, $2,700 above the base model.
- UPS has increased the surcharge for its U.S. to Canada ground deliveries by 30 cents. This comes after the company raised surcharges for U.S. imports from 14 Asian countries earlier this month.
- If your site is struggling, it may be time for a more powerful commerce platform. Read our eBook and find out if your business is ready.*
*This is sponsored content.
| |
Upcoming events at Inside: - May 24 - Meet Our Fund 3 (Register Here)
- May 31 - Ethereum Merge with Anthony Donofrio (Ethereum) (Register Here)
- June 01 - Selling Consumer Goods in Web3 (Register Here)
- June 06, June 07, June 08 - June 09 - In-Person RSA Conference 2022: Control IT, security, and SaaS complexity with Axonius (Register Here) *
- June 09 - Empowering Content Creators with No Code (Register Here)
- June 15 - Need To Know NoCoder - Artem Harutyunyan (bardeen.ai) (Register Here)
- June 16 - Future of the Art Market (Register Here)
- June 30 - HR Strategies to Retain Remote Employees (Register Here)
*This is a sponsored event listing.
| |
 |  | Written and curated by Nicolas Saravia, an avid map maker and data nerd. Nicolas has worked in the shared-scooter space, as well as advised e-bike and moped start-ups. |  | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
Register now to see what high-performance cloud app dev looks like with the OutSystems low-code platform. | |
The right metrics make a difference. Read our fact sheet and learn what you should be measuring to prove marketing impact. | |
Comments
Post a Comment