Mullen Automotive rallies on news of major EV battery advancement

Mullen Automotive rallies on news of major EV battery advancement

Mullen Automotive Inc (NASDAQ:MULN) stock surged in early Friday trade after the emerging electric vehicle (EV) maker announced test results of its recently acquired joint venture technology following a partnership with Global EV Technology and EV Technologies. The Brea, California-based company revealed that test results for the Element Materials Technology show that the Energy Management…

Mercedes is finding that EV production isn’t such a disruption

Mercedes is finding that EV production isn’t such a disruption

VANCE, Ala. — Industry analysts warn that shifting from fossil fuel to battery power threatens thousands of vehicle assembly plant jobs. The logic is that electric vehicles with fewer parts will require less time and and a smaller work force to put together. But in the early days of this transformation, that’s proving untrue at…

Honda to create division to speed up EV development

Honda to create division to speed up EV development

In changes effective April 1, the new division would consolidate Honda’s electrification strategy and development of automobiles, motorcycles and power products such as generators, it said. The automaker also said it would combine six regional operations to three, composed of North America, China and associated regions including Japan, the rest of Asia and Europe. Integrating…