Oil executives surveyed by the Dallas Fed predict levels of electric car sales that would be far short of President Biden's goal of having cars with a plug make up half of U.S. sales by 2030.

Driving the news: The chart above shows responses to one of the bank's questions to oil-and-gas companies in their latest quarterly survey.

Lucid Group says production of its new electric luxury sedans has begun and it will start delivering cars to customers by the end of October.

Why it matters: The Lucid Air, starting at $77,400, is among a slew of plug-in models like the Mercedes Benz EQS, Porsche Taycan and Audi e-tron all hoping to challenge Tesla's control of the EV market.

I've spent the past week on a joyride, tooling around town in a crazy-fun, three-wheeled mashup between an electric car and a motorcycle — an "autocycle" if you will — called the Arcimoto FUV.

Why it matters: If this is the future of mobility, sign me up!

The big picture: Arcimoto, based in Eugene, Oregon, wants to lead a shift to sustainable transportation — cleaner, smaller vehicles that help reduce congestion and CO2 emissions.

• The $17,900 FUV ("fun utility vehicle") is part of a family of electric trikes that share the same basic design. There's also the Deliverator, the Rapid Responder, the Flatbed and the Roadster.

Details: Like the Polaris Slingshot or CanAm Spyder, Arcimoto's FUV has two wheels in front and one in back.

• It's small — about one-third the weight and one-third the size of a typical car — but it has a surprisingly roomy cargo compartment that can hold three bags of groceries.
• It seats two people — one in front of the other, not side-by-side.
• There's a see-through roof and a windshield, but the sides are open, with removable half-doors.

How it works: The battery sends power to an electric motor on each of the front wheels, providing the instant torque that makes driving it so much fun.

• It's highway-legal and goes up to 75 miles per hour, Arcimoto says — but I stuck to local roads and felt like I was flying at 45 mph, to be honest.
• The driving range is up to 102 miles in stop-and-go city driving, with regenerative braking that puts wasted energy back into the battery. The faster you go, the shorter your range.

My thought bubble: I work from home and don't really need my car as much as I used to. This seems like a hip and handy alternative for errands around town.

What to watch: The company says it has more than 4,000 "pre-orders" and has delivered 230 to date.

• So far it's available in just four states: Washington, Oregon, California and Florida — with Hawaii, Nevada, Arizona and New York to be added soon.
• It's also for rent in some tourist destinations like Key West, Florida, San Francisco and San Diego.

What's next: Arcimoto's goal is to scale production within the next couple of years with help from a loan under the U.S. Department of Energy's Advanced Technology Vehicle Manufacturing program.

Ford is partnering with battery recycling company Redwood Materials to lay the groundwork for a domestic supply chain for electric vehicle batteries that relies on closed-loop recycling.

The big picture: The long-term vision would ensure that critical battery materials like lithium, nickel, copper and cobalt are re-used in new batteries, reducing the need for imports and avoiding further environmental damage through mining.

The electric Ford F-150 Lightning pickup hasn't even gone on sale yet, but demand is so hot that the company is already expanding production.

Driving the news: The first Lightning prototypes are leaving Ford's Dearborn, Mich., factory for real-world testing, with the truck available to customers next spring.

The electric future, near-term and far, is on display at the big IAA Mobility 2021 in Munich this week — even as internal combustion cars remain dominant.

Driving the news: That image above is BMW's i Vision Circular concept, a vision for 2040 to create vehicles made of 100% recycled materials and are 100% recyclable themselves.

Auto shows are coming back, but they don't just feature pretty cars: Now they also have hands-on experiences showcasing innovative climate-friendly technologies and new modes of mobility.

Why it matters: Big, international auto shows have been dying for years, and the coronavirus pandemic looked like it might be the final straw. Instead, they're trying to stay relevant by reinventing themselves to reflect an industry undergoing historic change.

Rivian, the well-financed electric vehicle startup about to start delivering its pickup truck, says it has filed plans to go public with securities regulators.

The big picture: The company is quite well-capitalized. Rivian's financial backers include Ford, Amazon and BlackRock.

The electric mobility company Revel is installing battery storage at a New York City charging hub in a partnership that represents a growing and evolving trend in the industry.

Driving the news: Revel is adding storage from the firm Electric Era to help power its large charging "superhub" in Brooklyn that offers public access and charging for Revel's ride-hailing vehicles.