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The Latest Breaking News on Electric Vehicles

Hertz To Sell Off Even More EVs As Depreciation Losses Mount

Hertz announced more losses to its EV division, but the rental giant's losses can be your gain if you're shopping electric and want to save a buck.

InsideEVs

Top 3 Auto Stocks to Buy and Hold for Long-Term Gains

Auto sales are projected to rise due to improved inventories, strong demand, robust consumer confidence, and technological advancements. Therefore, investors could consider buying and holding fundamentally strong auto stocks Stellantis (STLA), Bayerische Motoren Werke (BMWYY), and DENSO (DNZOY) for long-term gains. Read on.

StockNews.com

Tesla Cybertruck’s Battery Can Power A House. Owner Quoted $30,000 To Make That Happen

Costs vary wildly and owners have to go through Tesla-approved installers, which may make it harder for some to get the work done. But what would you do?

InsideEVs

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You Can Lease An EV For As Low As $56 A Month In Washington State

The new EV Instant Rebates Program offers $9,000 for three-year leases. Other rebates are available for purchases and used EVs. There is, however, a catch.

InsideEVs

China's EV Execs Bullish On Western Pressure At Beijing Car Show

Electric vehicle executives at a top car show in China were bullish on prospects for growth, despite a gruelling price war and mounting Western pressure on the industry.

International Business Times

Honda Will Spend $11B To Build EVs, Battery Packs In Canada

Honda has been building cars in Canada since the 1980s, and today it builds the Civic and CR-V, but it wants to go electric and have a complete local supply chain.

InsideEVs

Honda Announces US$11 Bn EV Battery And Vehicle Plant In Canada

Japanese auto giant Honda announced Thursday the largest automotive investment in Canada's history, worth Can$15 billion (US$11 billion), for a massive new EV battery and vehicle assembly plant.

International Business Times

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The Volkswagen Group Comes Out Swinging With 44 Cars At The Beijing Auto Show

Today on Critical Materials: VW group shows of 44 new cars at Beijing Auto Show, CATL unveils 620-mile LFP battery, and Xiaomi's SU7 is crushing expectations.

InsideEVs

Australia’s skilled mechanics shortage forcing insurers to write off electric vehicles after minor accidents

Lack of parts and outdated laws also contributing to long repair wait times and ballooning premiums

The Guardian - AU

Strong Fleet Sales Offset Electric Losses At Ford

Strong sales in Ford's fleet business offset deep losses in electric vehicles where the Detroit auto giant has delayed some investments, according to results released Wednesday.

International Business Times

Car Giants Vie For EV Crown At Beijing's Auto China Show

Chinese car giants locked in a cut-throat price war descend on the capital for the start of the Auto China show Thursday, vying to draw consumers and headlines in the world's biggest electric vehicle market and abroad.

International Business Times

Ford Will Build Profitable, Affordable Sub-$30,000 EVs

Ford's Model E business had a tough quarter, but executives upped full-year guidance and suggested that their "freedom of choice" plan was paying off.

InsideEVs

Modern EV Batteries Rarely Fail: Study

Plug-in electric vehicle's lithium-ion batteries have become less prone to failures in recent years.

InsideEVs

Teslas Have Cheapest 10-Year Maintenance Costs: Consumer Reports

The car brands with the cheapest maintenance costs include Tesla, Buick and Toyota.

InsideEVs

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AAP

Sydney drivers cop big fines for ICE-ing electric bays

Blocking electric vehicle charging bays attracts penalties in most parts of Australia but figures show the fines are not being applied consistently.

InsideEVs

Fisker Burned Through Nearly $1 Billion In 2023

The California-based EV maker delivered fewer than 200 Ocean crossovers after it cut prices by up to $24,000 last month.

InsideEVs

Tesla Is Losing Market Share. This Is How Much It's Down

The weakening of Tesla EV deliveries during the first quarter of 2024 undermined the company's global market share.

InsideEVs

Tesla Supercharging Station Deployment Accelerated In Q1 2024

During the first quarter of 2024, Tesla continued to expand its Supercharging network around the world at a relatively fast rate.

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The Guardian - US

Tesla sees biggest revenue drop since 2012 but company shares still surge

Shares up despite dip in revenue and profits after company said it expects to release new vehicle models sooner than expected

InsideEVs

Tesla Q1 2024 Earnings Report: Revenue, Profit And Operating Margins Down

Tesla just released its Q1 2024 earnings report. You'll find more details on Tesla's financial situation for Q1 2024 right here.

AAP

Electric cars to make bigger impact than electric homes

Laws to reduce vehicle emissions are on track to make a bigger environmental impact than disconnecting gas appliances, according to a study.

InsideEVs

Rivian R1 Gets Up To $5,000 Off When You Trade In A Toyota 4Runner

Buyers or lessees who trade in also get one free year of charging on the Rivian Adventure Network. So, are you willing to switch to electric?

International Business Times

General Motors Lifts 2024 Profit Forecast After Strong Q1

General Motors reported higher profits Tuesday thanks to continued strength in North America that offset a loss in its China business, enabling the carmaker to lift its forecast.

International Business Times

Tesla Earnings A 'Moment Of Truth' For Musk After Stumbles

Tesla CEO Elon Musk faces heightened pressure with Tuesday's earnings report to reassure investors that recent stumbles are simply unexpected speed bumps -- and not indications of a road to decline.

International Business Times

Honda To Build Major EV Plant In Canada: Govt Source

Japanese auto giant Honda will open an electric vehicle plant in eastern Canada, a Canadian government source familiar with the multibillion-dollar project told AFP on Monday.

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