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The Latest Breaking News from electric vehicle

Ford CEO Says Chinese EV Makers 'Incredibly Undervalued,' Expects A 'Shakeout' Soon

Ford Motor Co (NYSE: F) CEO Jim Farley said on Wednesday that Chinese electric vehicle firms are “incredibly undervalued” and that he expects them to become more important in the future.

Benzinga

Chevy slashes Bolt EV, EUV prices to under $30K

General Motors Co. is slashing prices on its Chevrolet Bolt EV and EUV for model year 2023 to spur more electric vehicle adoption.

Tribune News Service

EV sales set to rise by up to 20% this year

Growth in the Thai automotive market is expected to maintain its momentum throughout the year, with electric vehicle (EV) sales projected to expand by 15-20%, according to the latest estimate from the organiser of the Thailand International Motor Expo.

Bangkok Post

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Toyota vs. Honda: Which Stock is a Better Buy?

The growing demand for electric vehicles and increasing car prices should help automakers profit substantially in the near term. Therefore, we think prominent Japanese automakers Toyota Motor Corporation (TM) and Honda Motor Co., Ltd. (HMC) are worth watching. But which of these two companies’ stocks are the better buy now?…

StockNews.com

Ford CEO sees electric vehicle price war as EV costs decline

Ford’s chief executive says the global auto industry is headed for a huge price war in the coming years as electric vehicle costs drop and companies sell EVs priced around $25,000

The Independent UK

If You Invested $1,000 In General Motors When Mary Barra Became CEO, Here's How Much You'd Have Now

Automotive giant General Motors Company (NYSE: GM) has transitioned from its bankruptcy in 2009 and is now powering ahead with a transition to electric vehicles. Leading the transition is CEO Mary Barra. Here’s a look at how the stock has performed since Barra took over.

Benzinga

Morocco’s Managem to Supply Renault with Cobalt for EV Batteries

Moroccan mining company Managem SA said on Wednesday it signed a deal to supply French carmaker Renault Group with low carbon cobalt sulphate, a key component for electric vehicle (EV) batteries. Under this seven-year supply deal, Managem will supply Renault with 5,000 tons of cobalt sulfate annually starting from 2025.…

Asharq Al-Awsat

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Elon Musk To Tesla Employees Who Want To Stay Remote: 'Pretend To Work Somewhere Else'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Wednesday said employees who believe working from the office is old-fashioned could "pretend to work somewhere else" after the electric vehicle maker said remote working is no longer acceptable.

Benzinga

Elon Musk Confirms This 9,000-Ton Machine Will Build Tesla's Cybertruck

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday confirmed the electric vehicle maker’s hotly anticipated light-duty Cybertruck will be built by a new 9,000-ton Giga Press built by die casting company Idra Group.

Benzinga

Volkswagen Chief Sees EV War Intensifying With Tesla

Volkswagen AG (OTC:VWAGY) chief saw Tesla, Inc (NASDAQ:TSLA) needs to ramp up highly complex factories and acquire qualified workers to win the electric vehicle race despite its twice the industry pace in multiple processes, Reuters reports. Tesla, which posed a challenge to German EV production with its new plant near Berlin, was privileged by…

Benzinga

Nio Vs. XPeng Vs. Li Auto: How May Deliveries Stack Up

U.S.-listed Chinese electric vehicle manufacturers Nio, Inc. (NYSE: NIO), XPeng, Inc. (NYSE: XPEV) and Li Auto, Inc.

Benzinga

All the new major driving laws coming in June motorists need to be aware of

The new laws include changes to electric charges and new council powers

Manchester Evening News

Cathie Wood Scoops Up $1.3M In Tesla As Stock Stays In The Red This Year

Cathie Wood-led Ark Investment Management added more Tesla Inc (NASDAQ: TSLA) stock to its portfolio on Tuesday, raising its exposure to the electric vehicle maker for the fourth time this month.

Benzinga

While electric vehicles proliferate, charging stations lag behind

United States efforts to build a national network of electric vehicle charging stations are moving slowly as states figure out how to fairly dole out public funding to kick-start a new service industry.

Bangkok Post

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WEKU

DeLorean is back (to the future) with an electric car, and some caveats

The DeLorean Motor Company — the latest corporate iteration of the brand and not the creator behind the iconic 1980s model — is previewing an electric vehicle that will debut at a car show in August.

Benzinga

Is Tesla Revving Up To Reverse Course Or Forming A Bull Trap?

Tesla, Inc (NASDAQ: TSLA) was trading slightly higher in the premarket on Tuesday after a three-day reversal to the upside saw the electric vehicle giant soar by 21%.

The New Daily

How much can you really save with an electric vehicle?

High petrol prices are driving more motorists to consider an electric vehicle (EV). But do they really stack up for savings – and can buyers trim the cost?

The Canberra Times

Reliability audits flagged as key issue for ACT's EV charging rollout

Charging anxiety is being matched by range anxiety as the ACT's electric vehicle owners wait on the government's promised 50 new charging stations.

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Nottingham Post

Major new driving laws being introduced from June will impact every motorist

The new rules will start next month

Chicago Sun-Times

Illinois’ transition to electric vehicles crucial to stopping pollution-related deaths: report

Health advocate is calling on Gov. J.B. Pritzker to speed the transition to electric vehicles.

Benzinga

Should Traditional Auto Companies Switch To Online Sales?

Electric vehicles are disrupting more than a switch from traditional automakers to electric vehicle manufacturers, they’re also disrupting the methods customers purchase vehicles. Could electric vehicles disrupt the traditional dealer model?

France 24

Davos 2022: Canada says 'all options on the table' regarding sanctions on Russia

On the sidelines of the World Economic Forum in Davos, Canada's Industry Minister François-Philippe Champagne has told FRANCE 24 that "all options are on the table" when it comes to sanctions on Russia over its invasion of Ukraine. He also detailed the country’s burgeoning electric vehicle industry, and how it…

Benzinga

Once India's Favorite Car, Ambassador Is All Set To Make A Comeback In Electric Vehicle Avatar

Hindustan Motors' Iconic Ambassador, once called the 'Wheels of India,' is all set to make a comeback in a new electric vehicle avatar.

Benzinga

Tesla, Other EV Makers Said To Have Asked Biden For Heavy-Duty Truck Charging Investments

Tesla Inc (NASDAQ: TSLA) — alongside other electric vehicle companies and environmental groups — has asked President Joe Biden’s administration to invest in charging infrastructure for electric buses, trucks and other medium- and heavy-duty vehicles, The<

Tribune News Service

New EVs raise consumer interest but skeptics remain, JD Power study finds

With a number of new electric vehicles entering the U.S. market, auto shoppers are more likely than ever to consider going electric, according to a J.D. Power 2022 U.S. Electric Vehicle Consideration Study released Thursday.

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