Weekly Digest Archive

Source: EV Hub Early indicators from the EV market point to a strong year in the making for 2021. In addition to widespread investment from manufacturers, utilities, and public agencies recorded so far this year, EV sales were up 43 percent in January compared to the same month in 2020. This marks the highest January on record in terms [...]

Source: GM Transportation electrification has been at the top of the news cycle throughout 2021 with stories of both boom and bust for automakers, startups, and other companies seeking to generate capital through stock offerings. It has been a wild ride for companies like Nikola, Lucid Motors, Canoo, Workhorse, Fisker, and Lordstown Motors, all of which entered [...]

Source: USPS Automakers and manufacturers continue to expand electrification plans in response to what some are calling an inflection point of growth in global EV market in 2021. After increasing by 39 percent in 2020 over 2019, IHS Markit predicts global passenger EV sales will rise 70 percent in 2021. Already this year, more than $33 billion in [...]

Source: Atlas Public Policy Utilities are scaling up their investments in transportation electrification and planning for a future with more EVs on the road. Compared to 2019, approved utility investment in EV programs tripled in 2020. The $1.2 billion in approved programs last year represents 40 percent of the almost $3 billion in all-time approved [...]

Source: Atlas Public Policy The crisis in Texas that has been unfolding in recent weeks has demonstrated the devastating effects that extreme weather and climate change can have on critical infrastructure. From heat waves in the Southwest to the deep freeze in the Midwest, we have seen that policy decisions and climate action are intimately [...]

Source: EV Hub After a rough first six months, the U.S. passenger EV market rebounded and ended the year just three percent below 2019 in terms of total sales volume. The EV market, and the auto sector overall, hit its low point in May with a 54 percent drop in EV sales compared to 2019. [...]

Source: EV Hub The EV market is hot to the touch right now with private investment pouring in on all sides. On February 4th, Ford made headlines by more than doubling their initial commitment to EV investment. America’s number three automaker in terms of sales is now pledging $22 billion to EV investment and an [...]

Source: Atlas Public Policy   Throughout 2020, increased electric utility and government investment in transportation electrification began to reach areas of the country outside the funding epicenters of California and New York. While both states continued to deepen their lead in all categories of funding, 2020 and the start of 2021 have seen new momentum in smaller [...]

Source: EV Hub If there was any doubt whether 2021 would be a hot year for the EV market, look no further than the slew of private investment commitments logged in the first three weeks of the year. As of January 25th, more than $13.8 billion has been committed to transportation electrification advancement globally since [...]

Source: NRDC In the largest single utility transportation electrification program approval outside of California and New York recorded so far, the Colorado Public Utilities Commission approved Xcel Energy’s Transportation Electrification Plan (TEP) on January 11th. The $110 million plan will support more than 20,000 charging stations in the Centennial State. The program will be implemented through 2023 [...]

Source: BNEF   The new year could bring a dizzying array of policy activity designed to advance the EV market in the United States. In 2021, we expect to see states follow California’s lead on a zero emission truck and bus rule and push forward with rules to implement the governor’s executive order calling for 100 [...]

Source: Atlas EV Hub Nearly everyone is happy to put 2020 in the rearview mirror. Indeed, the reasons to be optimistic about 2021 go beyond the distribution of a vaccine for COVID-19. Passenger electric vehicles are poised to have a breakout year in the United States following a stellar year in Europe. While [...]