plans to spend $5 billion over the course of five years to boost the nation’s electric vehicle charging infrastructure and Arizona is among the first batch of states that will receive funding.
The Arizona Department of Transportation estimates that the funds will be used to build 11 to 19 new stations in the coming years to address gaps in the charging network. The funding comes from the Department of Transportation’s new National Electric Vehicle Infrastructure Formula Program, established and funded as part of the Bipartisan Infrastructure Law which was passed last year.
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Arizona companies (MCHP), universities prepare for massive federal semiconductor funding - Phoenix Business JournalThe federal government recently approved $52 billion for the semiconductor industry, and Arizona leaders are preparing to access a share of that funding. “This CHIPS and Science Act is as big as anything the American government has ever done from its creation,” Arizona State University president Michael Crow told the Business Journal.
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Weekend Wheels: Hyundai's Genesis G80 charts a stealthy path to electric power - Phoenix Business JournalLooking a lot like its all-gas sibling, Hyundai's electric G80 is beautiful, quiet and loaded with features and an impressive powertrain, our reviewer says.
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Nikola (NKLA) to launch joint venture with German energy provider E.ON - Phoenix Business JournalNikola said on Friday it is working to launch a new partnership with E.ON aimed at decarbonizing heavy trucking, its latest business connection to Germany. Plus, Nikola founder fraud trial started this week.
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Nikola (NKLA) to launch joint venture with German energy provider E.ON - Phoenix Business JournalNikola said on Friday it is working to launch a new partnership with E.ON aimed at decarbonizing heavy trucking, its latest business connection to Germany. Plus, Nikola founder fraud trial started this week.
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