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The Latest Breaking News on Electric Vehicles

Toyota forecasts 10% rise in annual profit, robust EV sales

TOKYO: Toyota Motor Corp on Wednesday said it expects operating profit to climb 10% this business year, with a five-fold jump in pure electric vehicle (EV) sales amid an easing in global supply chain disruption from a shortage of chips.

Bangkok Post

BMW observes growing corporate demand for EVs

BMW Group Thailand has recorded a growing preference for electric vehicles (EVs) among its corporate customers, with EV sales in this group increasing by 11.9% year-on-year in the first quarter of 2023.

Bangkok Post

Avoid These 3 Auto Stocks Watched by Robinhood Investors

With interest rates riding high and recession fears in the air, automakers are struggling to keep up. Given lackluster results and a possible slowdown in the Electric Vehicle (EV) market, avoiding fundamentally weak stocks NIO Inc. (NIO), Lucid Group (LCID), and Rivian Automotive (RIVN) could be wise. Let’s discuss….

StockNews.com

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Most US Dealers Don't Have Any EVs & Almost Half Refuse To Sell EVs: Report

A Sierra Club report looks at the EV shopping experience in the US, and it appears it's far from positive. However, at least there's some hope in the findings.

InsideEVs

2 Must-Have Auto Stocks for Investors

Due to lucrative government initiatives and growing demand for Electric Vehicles (EVs), the auto industry is poised to thrive in the foreseeable future. Given the significant prospects of the industry, auto stocks Advance Auto Parts (AAP) and Allison Transmission (ALSN) might be solid additions to one’s portfolio. Read on.

StockNews.com

Tesla Contacted By Senators Regarding Its Arbitration Clauses

Seven Democratic Senators sent a letter to Tesla about the way it handles worker and customer complaints. It wants Tesla to stop using arbitration agreements.

InsideEVs

Fisker Cuts 2023 Production Forecast On Underwhelming Q1 Results

Fisker's first-ever revenue-generating quarter was disappointing with only $198,000 in revenue and a wider-than-expected loss of $120.6 million.

InsideEVs

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Handy car gadget sold to Irish motorists recalled over burn fears

People are being warned to stop using the product immediately

Irish Mirror

Rapid electric car charge points get green light in south and west London

The first of 100 rapid electric chargers promised by Mayor Sadiq Khan for taxis, business vehicles and emergency vehicles will be built in south and west London, it was announced today.

Evening Standard

Rivian Maintains 2023 Output Target As It Posts $1.35B Net Loss In Q1

Rivian's Q1 total revenues of $661 million beat Wall Street estimates, but the EV startup continues to burn through cash, posting a $1.35 billion net loss.

InsideEVs

Transport industry to feel the pinch as heavy vehicle road user charge slated to rise

With roads in disrepair across the country, the federal government is raising the heavy vehicle road user charge to help pay for the damage. But transport operators warn the cost will eventually fall to consumers.

ABC News

Video Shows Tesla Cybertruck Stuck In A Field In Rural Texas

A video shot by a Twitter user shows a Cybertruck stuck in the mud in a field in rural Texas, which could raise some eyebrows among those expecting the electric truck to be flawless off the beaten track

InsideEVs

Highway Code changes come into force as drivers face £100 fuel fine

A number of changes and proposed law updates are being implemented in the coming weeks and months, which drivers should be aware of if they want to avoid a fine.

Edinburgh Live

Best Auto Stock to Rev up Your Portfolio

Commercial Vehicle Group’s (CVGI) shares have delivered solid returns despite the market volatility. Moreover, the company is growing rapidly with improving profitability. So, investors could consider loading up CVGI shares. Let’s look at some of its key metrics.

StockNews.com

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InsideEVs

Ford Cuts 2023 F-150 Lightning XLT Extended Range Price By $2,100

Ford has reopened retail orders for the 2023 F-150 Lightning and has made several price adjustments, including a $1,000 hike for the XLT SR and Lariat SR.

Glasgow Live

Glasgow areas could be 'no go zones' for electric chargers due to power capacity

Around 8,000 chargers will be need in the Glasgow region by 2026

InsideEVs

Fisker Denies Ocean EV's Debut Is Delayed By Software Issues

Unnamed sources told Bloomberg the Fisker Ocean's software is currently prone to glitches and that the issues could take months of testing and troubleshooting.

InsideEVs

Free 1-Month Tesla FSD Trial To Come Once It's "Super Smooth": Musk

Tesla will give every North American customer a free taste of FSD, but not before it makes sure the software is safer and smoother than it is right now.

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Daily Record

Highway Code rule changes coming into force as drivers face £100 fuel fine

There are a number of changes and proposed law updates being implemented in the coming weeks and months that drivers should be aware of.

InsideEVs

What Should Tesla Improve? The Company Asked For Comments

Tesla and CEO Elon Musk have often asked fans, owners, and investors for advice. Sometimes, the company actually grants requests.

InsideEVs

Iveco-Nikola Partnership Enters New Phase: A Sign Of Parting Ways?

Iveco Group and Nikola Corporation announced today that their partnership (started in 2019), related to zero-emission heavy-duty trucks has entered a new phase.

InsideEVs

Lucid Lowers 2023 Production Forecast, Posts $780 Million Q1 Loss

The EV startup says it ended the quarter with approximately $4.1 billion total liquidity, which is enough to fund it "at least into the second quarter of 2024."

The Independent UK

Magazine launch hires ‘fake’ Elon Musk, enraging guests who ‘waited a month’ to meet real thing

‘All I can say is that this was [a result of] the differences between Chinese and Western cultures’

The Hindu

Consider making it mandatory for private schools to only purchase buses built by authorised builders, Madras High Court directs T.N.

The Madras High Court has directed the Tamil Nadu government to consider a representation made by a public interest litigant, and ascertain if it would be possible to make it mandatory for all private schools to purchase only buses that had bodies built by builders authorised by the Automotive Research…

The Independent UK

Magazine launch hires Elon Musk impersonator, enraging guests who ‘waited a month’ to meet real thing

‘All I can say is that this was [a result of] the differences between Chinese and Western cultures’

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