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The Latest Breaking News on Electric Vehicles

Ford is losing a lot of money in electric cars — but CEO Jim Farley is charging ahead

In a wide-ranging interview, Ford's CEO shares his thoughts about his company's ramp-up in electric cars and the state of charging. (He's very happy about that Tesla deal, too.)

WEKU

Ford CEO Takes F-150 Lightning On Road Trip Across American West

Ford CEO Jim Farley started the road trip on August 7 from Silicon Valley, headed south to Los Angeles and then west to Las Vegas, also driving on Route 66.

InsideEVs

Tesla Bull Sees Rivian As “One Of The Core EV Players Over The Next Decade

After posting its Q2 results, Rivian bumped its production guidance to 52,000 units for this year, up by 2,000 units from the previous estimate.

InsideEVs

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Why, even now, do we think a woman’s work is worth less?

Progress in Asda equal pay case may help root out sexist assumptions behind persistent gender gap

The Guardian - UK

State to offer money back for buying electric cars and trucks

After the last Illinois rebate program ran out of money earlier this year, some car buyers were left frustrated.

Chicago Sun-Times

BYD Celebrates Five Million Plug-In Vehicles Produced

BYD, one of the largest plug-in electric vehicle manufacturer, announced that its cumulative production of New Energy Vehicles (NEV) just reached 5 million.

InsideEVs

Driver who killed passenger while ‘showing off’ at 110mph has sentence increased

Rida Kazem, 24, was driving beautician Yagmur Ozden, 33, home from a night out in west London when he lost control.

The Independent UK

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Is Rivian Stock A Buy Or A Sell With $5.8 Billion Volkswagen Joint Venture Finalized?

The stock has declined about 56% this year.

Investors Business Daily

General Motors Says "Ultium-Based Coupes" Will Arrive By 2026

GM has mentioned that V2H capability will be offered on "Ultium based coupes" in a video announcing a broad availability of bi-directional charging by 2026.

InsideEVs

Tesla Hires Ex-Bosch Factory Manager As Gigafactory Director Of Operations

The new exec is Dr. Michael Schmitt, who worked for car parts supplier Bosch for the past 25 years and has been an important part of the German company’s manufacturing efforts on multiple continents.

InsideEVs

GM Having Difficulty Ramping Up EV Production, CFO Admits

GM CFO Paul Jacobson said the automaker had manufactured more than 1,000 Lyriq SUVs in July, which is still well below the automaker's initial expectations.

InsideEVs

Ather Energy To Launch 3 New Scooters In India On August 11, 2023

Indian e-mobility startup Ather Energy has posted teasers on social media hinting at the launch of three new scooters on August 11, 2023.

RideApart

ChargePoint Announces Plans To Improve Its EV Charging Network Reliability

ChargePoint, a major EV charging network provider in North America and Europe, laid out plans to improve its network uptime and reliability for customers.

RideApart

Hyundai Mobis Will Supply EV Battery Systems To Volkswagen Group

Hyundai Mobis (part of the Hyundai Motor Group) announced today that has secured a large-scale overseas contract for EV components from Volkswagen AG.

InsideEVs

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StockNews.com

3 Auto Stocks Investors Are Eyeing

As the automotive sector flourishes on the backs of improving consumer demand and adoption of EVs, fundamentally sound auto stocks, Valeo SE (VLEEY), Standard Motor Products (SMP), and Commercial Vehicle Group (CVGI) have gained traction among investors. Hence, these stocks could be solid buys now. Continue reading….

StockNews.com

Exploring the 3 Auto Stocks Gaining Traction

The auto industry is expected to witness solid growth this year, thanks to strong demand for new vehicles, the stabilization of supply chains, a growing shift to EVs, and rapid technology adoption. Hence, quality auto stocks Bridgestone (BRDCY), LKQ Corporation (LKQ), and Modine Manufacturing (MOD) could be ideal buys now.…

Zenger

Why Did Tesla CFO Quit? Musk Cites ‘Long Tour Of Duty,’ But 2 Analysts Have Their Own Theories

Tesla, Inc

Zenger

Ford CEO Pilots F-150 Lightning Across West As Cybertruck Launch Nears: ‘A New Way To Experience America’

A group from Ford Motor Co is currently embarking on a road trip across the American West in an F-150 Lightning electric pickup

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StockNews.com

Investor Interest Soars in the Top 3 Auto Stocks

Despite macroeconomic concerns, the United States’ auto sales will likely rise due to pent-up demand. Amid this, auto stocks Continental Aktiengesellschaft (CTTAY), Allison Transmission Holdings (ALSN), and Garrett Motion (GTX) are garnering significant investors’ attention. Read on.

InsideEVs

Here's How Pepsi Runs Its 21 Tesla Semi Trucks At Sacramento Depot

New video courtesy of The North American Council For Freight Efficiency offers a look into how Tesla's Semi is helping PepsiCo achieve its sustainability goals.

StockNews.com

Should You Consider Buying or Selling NIO (NIO) Right Now?

Chinese electric vehicle (EV) maker NIO (NIO) has been ramping up deliveries in recent months. Although NIO might witness long-term growth, the company is currently operating in losses. So, let’s analyze some of its key metrics to determine whether you should Buy or Sell the stock.

The Independent UK

Profit at Japan's Honda doubles on healthy global auto and motorcycle sales

Honda says its April-June profit more than doubled on healthy sales of its motorcycles and cars, as the Japanese company also received a perk from favorable exchange rates

InsideEVs

Tesla Hires New Exec To Lead Giga Nevada's Massive $3.6B Expansion

Before joining Tesla in July, Michael Hildebrand was executive director of projects at Eli Lilly, where he spent the previous 19 years of his career.

InsideEVs

Rivian Will Not Join Tesla And Lucid In Cutting Prices To Spur Sales

Rivian CEO RJ Scaringe said the company has plenty of orders for the R1T and R1S that will take "deep into 2024" to fulfill at the current production rates.

InsideEVs

Tesla Reportedly Leases Office Space In India, Hinting At Imminent Market Entry

This latest development is another piece of the puzzle that indicates Tesla is preparing to enter the Indian market soon.

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