The company, best known for its vacuums, couldn't find a buyer for its forthcoming electric car.

The station will feature four dispensers that connect to a high-powered 200kW system. The system will allow four vehicles to charge at the same time and will reach 80 percent battery in 20 to 30 minutes.

According to the research, it will take around $300 billion dollars of the car business by displacing conventional vehicle business even more than traditional hybrid business.

Canoo, the Los Angeles-based company creating electric vehicles for subscription only, has unveiled its first model. 

A recent article in Politico takes a look at the sides forming to debate legislation around electric car infrastructure.

An auto technology shop in Phoenix is said to be the only place in the world that is able to repair old Tesla Roadster models that will no longer be serviced, which means it sees customers from all over the world. 

The global automotive e-axle market size is projected to reach USD 27.19 billion by 2025, growing at a CAGR of 23.7 percent. Electric vehicle production directly influences the demand for automotive e-axles as it is an integral component of a vehicle.

The electric vehicle charging station market worldwide is projected to grow by $49.1 billion, guided by a compounded growth of 39.7 percent.

The American Joint Committee on Taxation already anticipates that the federal government will spend $7.5 billion on the current tax credit from 2018 to 2022.