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The Latest Breaking News from electric vehicle

2 Electric Vehicle Companies to Avoid in July

The electric vehicle (EVs) industry is growing but remains constrained by supply chain disruptions and the lack of EV charging stations. Moreover, rising recession fears have hampered consumer sentiment and could decelerate aggregate demand. So, fundamentally weak electric vehicle stocks Rivian Automotive (RIVN) and Lucid Group (LCID) are best avoided…

StockNews.com

The road ahead for electric cars relies on affordability, not scrapping grants

Since 2011, the UK government has been providing a tax-payer funded discount on the sale of battery electric vehicles. Known as the “plug-in car grant”, it was designed to help persuade motorists make the switch from diesel or petrol and commit to electric driving.

The Conversation

Do Fired Tesla Employees Love Or Hate Elon Musk?

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) surprised many with an announcement that it would reduce its workforce by 10%.

Benzinga

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Tesla's China Deliveries Climb To Record In June Amid Post-COVID Recovery: Report

U.S. electric vehicle giant Tesla, Inc. (NASDAQ: TSLA) reported record deliveries for June in China, as production ramped up following the COVID lockdowns.

Benzinga

Did China's BYD Sell More BEVs Than Tesla In H1 2022? Not Really

BYD sold 641,350 electrified vehicles in H1 2022, split evenly into plug-in hybrid vehicles and battery electric vehicles; Tesla sold 564,743 BEVs.

InsideEVs

Electric vehicles 'could be as cheap as combustion-engine cars' with these tax breaks

Australia's EV uptake is lagging behind the rest of the world, but these tax experts have some reforms that they think would rapidly increase sales.

ABC News

Alibaba, Nio, EV Stocks Buck Broader Slide: What's Weighing On Hong Kong Markets Today

E-commerce giant Alibaba Holding, Inc. (NYSE: BABA) and some major Chinese electric vehicle stocks bucked a broader slide in Hong Kong equities on Wednesday morning amid mostly weak global cues.

Benzinga

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US: Toyota Plug-In Cars Sales Collapsed In Q2 2022: Down 58%

In Q2 2022, Toyota's plug-in electric vehicle sales decreased by more than half in the US, despite new models being introduced.

InsideEVs

Forget Tesla, Wall Street Thinks These 2 EV Stocks Could Double

The electric vehicle (EV) industry is expected to grow exponentially this year, thanks to strong consumer demand and favorable government initiatives. However, the EV giant Tesla (TSLA) is currently grappling with supply chain issues and factory shutdowns. And we think EV stocks Xos (XOS) and Lion Electric (LEV) are worth…

StockNews.com

Here's How Much $100 Invested In Tesla Today Will Be Worth If TSLA Reaches New All-Time High

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) is one of many stocks that have been hit hard in the first half of 2022. Here’s a look at what could be in store for Tesla and how much a $100 investment could be worth if new all-time highs are reached.

Benzinga

Australia plans to supply critical minerals to Indian electric vehicle makers, space and defence programmes

NEW DELHI

The Hindu

EV expos to be held in various divisions across Karnataka

Bengaluru After the first successful Electric Vehicle (EV) expo which was organised in Bengaluru, th

The Hindu

Electric Cars: Commercial And Private Sales Are Even In Europe

Businesses account for a majority of vehicle registrations in Europe, though electric vehicle registrations are an even split with private ownership.

InsideEVs

Sick of $6 a gallon for gas? The state will give you money to buy an electric car

As gas prices soar, Illinois residents can apply for up to $4,000 in rebates for electric vehicles as part of a new climate-fighting clean energy law.

Chicago Sun-Times

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Benzinga

Double Digits: General Motors Is Making Only This Many Hummer EVs Per Day

One of the largest traditional automotive companies has put forth a plan to increase its position in the electric vehicle industry, something that has drawn praise from President Joe Biden.

Benzinga

GM Holds ~95,000 Vehicles Manufactured Without Certain Components - Here's Why

General Motors Co (NYSE:GM) provided a business update for 2Q22 and said its vehicle wholesale volumes were impacted by the timing of certain semiconductor shipments and other supply chain disruptions. The company said it had approximately 95 thousand vehicles in its inventory, manufactured mostly in June, without certain components. GM expects to complete…

InsideEVs

Hyundai, VW ID.AERO, Hillclimbs & Cadillac: Top EV News July 1, 2022

With electric vehicles catching on in a big way, there's plenty of news to share on a daily basis. Perhaps these interesting stories missed your feed.

InsideEVs

More Than Half Of UK Drivers Cite Low "Fuel" Cost As Benefit Of EVs

More than half of British drivers say the reduced fuel costs of an electric vehicle (EV) would tempt them to make the switch from petrol or diesel power.

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Benzinga

California Goes Ahead With Lithium Tax Despite Protests From EV Suppliers

California has approved a plan to tax the electric vehicle battery metal lithium to generate revenue for environmental remediation projects, Reuters reports. The tax is structured as a flat-rate per tonne and will go into effect in January. Funds generated from the tax will help restore the Salton Sea region from…

The Independent UK

Electric cars: Are they cheaper to run than petrol and diesel models?

Cost of living crisis and rising energy bills placing households under strain and forcing consumers to take closer look at financial viability of green motoring

Daily Record

Electric vehicle surge embraced by Ayr United as charging points take off at Somerset Park

The club now has two EV charging points installed outside Somerset Park for public use.

Benzinga

Tesla Tracking Employees With In-Person Attendance Required: Here Are The Details

Electric vehicle company Tesla Inc (NASDAQ: TSLA) announced recently it would require remote workers to return to the office for in-person work. It appeared the company is pretty serious with a new report that stated workers were being tracked and then emailed if they hadn’t returned.

Benzinga

California's Lithium Tax Could Upset GM, Stellantis' EV Ambitions

A proposed flat-rate tax on lithium produced in California's Salton Sea region will shelve the electric vehicle battery metal deliveries to General Motors Company (NYSE: GM) and Stellantis N.V. (NYSE:

Benzinga

Hyundai, Affiliates Plan To Set Up New Company In US: Reuters

Hyundai Motor Co (OTC:HYMTF) is planning to launch a company along with its two affiliates in the U.S., Reuters reported. Through the move, the company plans to strengthen its presence in the U.S. by exploring business opportunities. In May, Hyundai said it would invest more than $10 billion in the U.S. by…

Benzinga

Europe pushes for all EVs by 2035

A political and economic union in Europe is pushing forward with a plan to ban the sale of new vehicles that run on petrol and diesel by the year 2035. The European Union has five countries that are pushing back against the ban.

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