August 14, 2025

Don’t miss Thursday’s newsletter for the week’s top stories and updates you’ll want to see, including: 

• Lucid Gravity concept vehicle to be unveiled during Monterey Car Week

• Trump Administration to provide $5B in EV charger funds

• Mitsubishi’s First U.S. EV Hub

• PG&E launches groundbreaking vehicle-to-grid electric school bus fleet

• Electrify America opens 1st charging station in Santa Monica

• Video: The Perfect Ride

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“Talent alone won’t make you a success. Neither will being in the right place at the right time, unless you are ready.”
– Johnny Carson

From Italy to a Nasdaq Reservation

How do you follow record-setting success? Get stronger. Take Pacaso. Their real estate co-ownership tech set records in Paris and London in 2024. No surprise. Coldwell Banker says 40% of wealthy Americans plan to buy abroad within a year. So adding 10+ new international destinations, including three in Italy, is big. They even reserved the Nasdaq ticker PCSO.

Invest for $2.90/Share

_{Paid advertisement for Pacaso’s Regulation A offering. Read the offering circular at invest.pacaso.com. Reserving a ticker symbol is not a guarantee that the company will go public. Listing on the NASDAQ is subject to approvals.}

Top EV News Stories Powered by EV.Careers

1. An all-new Gravity concept SUV will debut at the 74th Pebble Beach Concours d’Elegance during Monterey Car Week 2025, alongside public demonstration drives of the Lucid Air and Gravity and immersive experiences inspired by California’s landscapes.

2. A federal court has forced the Trump Administration to restore $5 billion in funding for the National Electric Vehicle Infrastructure program, with revised rules that ease state requirements and remove underserved-community provisions while aiming to accelerate EV charger deployment.

3. As part of its Momentum 2030 plan, Mitsubishi Motors will open its first U.S. retail sales Gallery dealership in Antioch, Tennessee, in early 2026, showcasing EVs and hybrids in a modern, high-traffic location to expand brand presence and customer access.

4. In partnership with Fremont Unified School District and The Mobility House, PG&E has launched one of California’s most advanced vehicle-to-grid electric school bus fleets, featuring 14 electric buses, bidirectional charging, and upgraded infrastructure to deliver cleaner transportation, enhance grid resilience, and improve student health.

5. Near the I-10 in Santa Monica, the first charging station with 20 Hyper-Fast chargers up to 350 kW has been opened by Electrify America to meet growing EV demand in Southern California.

6. Posting a strong first half of 2025, Nexteer Automotive reported $2.2 billion in revenue, $1.5 billion in new bookings—driven by growth with China OEMs and EV platforms—and launched 31 innovative programs while expanding its global manufacturing footprint.

7. The electric light commercial vehicle market is projected to grow from $24.49 billion in 2025 to $116.60 billion by 2032 at a 25% CAGR, driven by surging demand for zero-emission vans, advances in battery and charging infrastructure, and strong fleet adoption by logistics and delivery companies worldwide.

8. Using radically simplified, deeply integrated design and manufacturing innovations, the new Universal EV Platform from Ford will produce a family of affordable, fun-to-drive electric vehicles with lower ownership costs, faster assembly, and advanced digital features.

9. At Dallas Love Field, two new hangars with EV chargers and modern facilities are being built by Business Jet to accommodate next-generation aircraft and meet growing demand in business aviation.

10. The global EV NMC Battery Market, valued at USD 22.8 billion in 2024, is projected to reach USD 70.8 billion by 2030 at a 14.8% CAGR, driven by surging EV adoption, supportive government policies, high-nickel cathode advancements, and expanding global gigafactory capacity.

11. A new bill introduced by Representatives DeSaulnier and Stanton would extend the federal HOV Lane Exemption program through 2031, allowing states to continue granting electric vehicles access to HOV lanes to encourage EV adoption, reduce congestion, and cut emissions.

12. Nissan has introduced new pricing and the Ariya Shiro entry model, making most Ariya versions eligible for the UK’s £1,500 Electric Car Grant, lowering costs, bringing more variants under the £40K tax threshold, and enhancing accessibility to the all-electric SUV.

The Perfect Ride

*If you’re using Outlook, click “Read Online” at the top to see the video links above.

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