Industry Spotlight: June 26th - July 2nd

Welcome to GridLink's Industry Spotlight, your weekly source for the latest developments in electric vehicles, charging solutions, and the evolution of electric mobility. Each week, we handpick the most impactful news, breakthrough technologies, and insightful commentary that shape the electric vehicle sector and its infrastructure. Designed for enthusiasts, professionals, and anyone intrigued by the electric revolution in transportation, our blog aims to enlighten, inspire, and keep you abreast of this dynamic industry. Check back every week to stay ahead of the curve and join GridLink in driving towards a sustainable, electrified future.

• Volkswagen announced it would invest $5 billion in electric vehicle startup Rivian in a deal allowing the shared use of Rivian’s software. (Atlanta Journal-Constitution, Chattanooga Times Free Press)
• Michigan lawmakers pass a new state budget that includes $25 million for electric vehicle chargers but excludes $45 million Gov. Gretchen Whitmer sought for EV rebates and fleet support. (Bridge)
• An analysis predicts the price of electric vehicles will limit their adoption until 2028, when manufacturing efficiencies are expected to make costs more comparable with combustion cars. (Utility Dive)
• New electric vehicle registration fees will soon come into effect in Vermont, helping replace revenue from gasoline taxes. (NBC 5)
• Alabama Gov. Kay Ivey announces $11.2 million in federal grants to install electric vehicle charging stations at 14 locations in the state. (WSFA)
• An electric vehicle car-sharing program in Detroit improves transportation options in the city, backers say. (WXYZ)