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February 13, 2026

Light-duty vehicles

California Governor's Office
Proposed Calif. Budget Retains Climate, Energy Funding
In California, a predicted budget shortfall that grew $9 billion since January has not resulted in additional proposed cuts in climate and energy spending.
Lordstown Motors
Former Lordstown Motors CEO Sells Shares Before Dismal Q1 Earns
Lordstown Motors reported a first-quarter loss of nearly $172 million and warned investors of doubts about continuing as a "going concern."
Enel
Wash. Allocates Millions from Cap-and-Trade Fund
A pumped storage site, solar farms and agrivoltaic ventures are among the projects receiving funding from the state's cap-and-trade fund.
Brattle Group
Brattle Group Finds VPPs Cheapest Alternative for Resource Adequacy
A Brattle Group study finds virtual power plants are cheaper than other viable options for resource adequacy, namely storage and natural gas peaking plants.
Lordstown Motors
Lordstown Motors Warns of Bankruptcy in Contract Funding Feud
Can Lordstown Motors survive? The electric truck maker warned investors this week that it may seek federal bankruptcy protection.
PSEG
PSEG Sees Fortunes Stoked by NJ OSW, EV Advances
PGEG's CEO said the company should get a boost from New Jersey’s second solicitation for offshore wind transmission upgrades and a deepening embrace of EVs.
University of Michigan Energy Institute
Vision for U-M EV Center: Building Ecosystem Where Auto Industry was Born
The University of Michigan's new $130 million Electric Vehicle Center will seek to develop an EV ecosystem "where the modern auto industry was born.”
Heitman, LLC
NJ Launches $80M Clean Energy Loan Fund for Small Business
New Jersey’s EDA is accepting applications for matching loans of up to $10 million to small businesses seeking to make clean energy investments.
IEA
IEA Reports on Global Growth of EVs
An IEA report sees continued sharp sales growth for EVs as they benefit from major new policies in the U.S. and European Union.
Nissan
California Bill Would Require Bidirectional Charging in All EVs
A bill that would require all zero-emission vehicles sold in California to have bidirectional charging capabilities by 2027 cleared a key Senate committee.

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