Will Tesla's Price War Accelerate EV Adoption? As legacy automakers and startups try to catch up to Tesla’s EV dominance, some are wondering if price cuts will speed up the transition to EVs. InsideEVs · May 12, 2023
Rivian Showcases New Manual And Powered Tonneau Covers, Bike Pad Rivian says the new powered tonneau covered is much quieter and much more robust than the original iteration, which has been often criticized by users. InsideEVs · May 12, 2023
Losses slashed at Jaguar Land Rover as chip supply issues ease JLR said that as a result of its 'strong cashflow', its net debt reduced to £3bn Birmingham Post · May 12, 2023
Tesla Launches Cybertruck Raffle As Part Of Revamped Referral Program Tesla is offering a free Cybertruck as part of raffle that marks the introduction of a revamped referral program. InsideEVs · May 12, 2023
Rivian Betting On High R1S And R1T Prices Even As Competition Rises Rivian CEO RJ Scaringe made his position clear on the earnings call earlier this week, saying that the company's "flagship" pricing isn't going anywhere. InsideEVs · May 12, 2023
Tesla’s Quarter 1 Profits Down Amid The Price Tag Cuts In Their Best Selling Models Discounts offered by Tesla gave mixed results as the price cut implement to stimulate demand as it walks a tight rope on margins. Zenger · May 11, 2023
Tamil Nadu clinches ₹20,000-crore deal with Hyundai Korean automobile major Hyundai Motor India Limited has announced that it will invest ₹20,000 crore over the next 10 years in Tamil Nadu, popularly known as the ‘Detroit of India’, to modernise vehicle platforms and expand its presence in the electric vehicle space The Hindu · May 11, 2023
Tesla Cuts Prices On Supercharging In Europe By Up To 25% Tesla went from a company that was on the brink of bankruptcy to one that can cut prices with little concern. Cheaper Supercharging is underway in Europe. InsideEVs · May 11, 2023
Tesla Expanding 4680 EV Battery Cell Facility On Kato Road Tesla has suggested in the past it might decide to expand 4680 cell operations at the Kato Road facility, and new filings show that the project is underway. InsideEVs · May 11, 2023
Analyst Forecasts Tesla Shares Will Reach $280 In A Year Tesla’s stock has dropped some in the weeks since the automaker’s Q1 2023 earnings call, with some concerns about slowed inventory turnover and price cuts. InsideEVs · May 11, 2023
Highway Code changes coming into force this month including fuel rule that could land drivers £100 fine The rule on running out of fuel while on the road has now been extended to cover electric vehicles and could also see motorists slapped with three points on their licence Chronicle Live · May 11, 2023
Drivers warned over little-known fines including £80 penalty for throwing apples out window There are a number of road rules that motorists may unknowingly break every now and then including smoking in your car and littering while out on the road. Daily Record · May 11, 2023
UPDATE: Fisker Pear EV Delayed To 2025, Will Start From Less Than $30,000 The California-based EV startup initially said that the Pear will go into production in 2024 at the Foxconn-owned factory in Ohio where the Lordstown Endurance electric pickup is currently being made. InsideEVs · May 11, 2023
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 · May 11, 2023
Bangkok Post · May 10, 2023 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.
StockNews.com · May 10, 2023 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….
InsideEVs · May 10, 2023 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.
StockNews.com · May 10, 2023 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.
InsideEVs · May 10, 2023 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 · May 10, 2023 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.
Irish Mirror · May 10, 2023 Handy car gadget sold to Irish motorists recalled over burn fears People are being warned to stop using the product immediately
Evening Standard · May 10, 2023 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.
InsideEVs · May 10, 2023 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.
ABC News · May 10, 2023 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.
InsideEVs · May 10, 2023 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