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The Latest Breaking News from electric vehicle

Tesla Made More In Profit Than GM In Q2 Despite Selling Fewer Vehicles

The leading electric vehicle company posted second-quarter results recently that saw revenue miss analysts’ estimates. Despite that, Tesla Inc (NASDAQ: TSLA) posted operating margins which were once again among the best in the automotive industry.

Benzinga

London’s Formula-E shows the best of electric vehicles – but investment in EV charging needs to rev up

EV charging infrastructure is failing to keep up with demand

Evening Standard

Clean energy tax package undergoes substantial shifts - Roll Call

Democrats made concessions to get Sen. Joe Manchin III on board with spending hundreds of billions of dollars on clean energy incentives.

Roll Call

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Xiaomi’s $10bn car project facing regulatory barrier

Xiaomi Corp is facing difficulties getting regulatory approval for its electric vehicle (EV) project in China, an unexpected hurdle for the smartphone giant’s US$10 billion carmaking endeavour.

Bangkok Post

Senate deal should make it easier to buy electric vehicles

The surprise deal by Senate Democrats on a pared-down bill to support families, boost infrastructure and fight climate change is likely to jump-start sales of electric vehicles

The Independent UK

Dundee picked as preferred site for battery 'megafactory', creating hundreds of jobs

DUNDEE has been chosen as the preferred site for a new factory producing batteries for the renewable energy and electric vehicle markets.

The National (Scotland)

Delhi slowly becoming EV capital: CM Arvind Kejriwal at launch of charging stations

NEW DELHI: Delhi chief minister Arvind Kejriwal on Wednesday inaugurated seven electric vehicle charging stations and said the city is slowly becoming the EV capital of the country. "In 2020, the Delhi government had formulated EV Policy and we didn't expect we would get such a resounding response.

The Times of India

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Treasurer reveals incentives for EV buyers

The Albanese government has introduced changes to fringe benefit tax and import tariffs to encourage more people to switch to on electric vehicles.

AAP

VinFast EV Company Plans To Bring Its Electric Scooters To The U.S.

Electric vehicle maker VinFast is bringing its SUVs to the U.S., and it also plans on bringing its electric scooters to the market as well, likely in 2024.

RideApart

Volkswagen starts US electric vehicle assembly in Tennessee

Volkswagen has begun production of its first electric vehicle assembled in the United States at a Tennessee plant

The Independent UK

Faraday Future Delays FF 91 Production, Deliveries To Q3-Q4 2022

In a July 25 SEC filing, the California-based EV startup said it needs additional capital to pull off the launch of its flagship electric vehicle.

InsideEVs

Want To Buy A Used Tesla? Better Act Fast, Here's How Long They Last On Market On Average

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) recently reported quarterly financial results that saw second quarter deliveries and production up 27% and 25% respectively on a year-over-year basis.

Benzinga

China EV giant BYD drives into Japan as competition heats up

Chinese electric vehicle giant BYD Co. will start selling three models in Japan from next year, the automaker said.

The Japan News/Yomiuri

More tax incentives for electric vehicles

The cabinet on Tuesday approved two more tax incentives to promote use of electric vehicles and help make Thailand a major EV production base, Prime Minister Prayut Chan-o-cha said.

Bangkok Post

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The Hindu

Data | How many electric vehicles and charging stations are there in India?

While the ratio between electric and non-electric vehicles appear small, it has improved from 0.76% in FY19 to 4% in FY22

Bangkok Post

BOI witnesses signing of MOU between Changwon Industry Promotion Agency and MiC-T

Mr. Narit Therdsteerasukdi, Deputy Secretary General of the Thailand Board of Investment (BOI), witnessed the signing of a Memorandum of Understanding (MOU) between Changwon Industry Promotion Agency and Machinery Industrial and Supporting Cluster Thai Trade Association (MiC-T) at Grande Center Point, Terminal 21, on 23 June 2022. The parties also…

Bangkok Post

Stylish and sporty

Audi has announced it will discontinue the iconic TT model in 2023, replacing it with an electric vehicle within the same price range.

ABC News

Concerns Canberrans on lower incomes will be left behind under ACT's new electric vehicle strategy

The ACT government's announcement that the sale of new petrol cars will be banned in the territory in 2035 is causing affordability concerns for Canberrans on lower incomes.

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Asharq Al-Awsat

Morocco Plans to Set up EV Battery Gigafactory

Morocco is negotiating with electric vehicle battery manufacturers to set up a plant in the country to mesh with its existing automotive sector and cobalt output. “We hope to sign a deal for the plant before the end of this year,” Industry Minister Ryad Mezzour said in an interview with…

The Independent UK

Hyundai gets $1.8B in aid to build electric cars in Georgia

The state of Georgia and local governments are giving Hyundai Motor Group incentives worth $1.8 billion to build electric vehicles in the state

InsideEVs

GM Chosen To Provide Hummer EV To US Army For Demo And Testing

We know many police departments are adopting EVs, and it only makes sense for the military to do the same. What better demo for the US Army than the Hummer EV?

Benzinga

'Is This The Real Life, Is This Just Fantasy?' Elon Musk Channels This Rock Band In Response To Tesla Earnings

Elon Musk, the CEO of electric vehicle manufacturer Tesla Inc. (NASDAQ: TSLA), responded to an article about the company's second quarter financial results with song lyrics and a meme depicting one of the most popular rock bands in history.

Bangkok Post

Schaeffler mulls move into Thai electric vehicle market

Schaeffler Manufacturing (Thailand), a Germany-based producer of automotive and industrial products, is conducting a feasibility study on the development of new mobility technology-related products to serve the growing electric vehicle (EV) industry in Thailand and overseas.

The Guardian - AU

Federal government under pressure to increase EV uptake after ACT announces petrol car ban

Electric vehicle advocates and auto industry say Australia needs nationally mandated fuel efficiency standards

The Independent UK

Ford will cut thousands of jobs as it eyes transition to electric vehicles

Losses could come in newly created ‘Ford Blue’ unit, report says

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