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The Latest Breaking News from electric vehicle

Electric Vehicle Market Opportunity Could Be $53 Trillion By 2050 With Net Zero Carbon Neutrality: Report

The global road transportation market could hit carbon neutrality by the year 2050, according to a new analysis of the electric vehicle market by Bloomberg. Here are the key takeaways from the report.

Benzinga

Key Takeaways From Baidu's First EV Launch

Baidu, Inc (NASDAQ:BIDU) electric vehicle arm Jidu Auto launched a "robot" concept car via an online press conference held on Baidu's metaverse-themed app Xirang. It is the first vehicle to be revealed by a Chinese internet company. The concept car is free of door handles and is fully controlled via voice recognition, Reuters reports.…

Benzinga

Why Are Most Canadians Hostile To Buying Electric Vehicles?

When it comes to the prospect of purchasing an electric vehicle, the majority of Canadians are responding with a firm "No thanks/Non merci."

Benzinga

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Why Elon Musk Is Advising Against Using Tesla's Cabin Recirculation For Now

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Tuesday advised an electric vehicle owner to avoid using the cabin recirculation mode as the range advantage is small.

Benzinga

Cathie Wood Continues Tesla Snap-Up Spree With $2.15M Buy

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

Benzinga

Warren Buffett-Backed EV Maker To Soon Supply Batteries To Tesla: Report

Warren Buffett-backed Chinese electric vehicle and battery maker BYD Co (OTC: BYDDY) will soon begin supplying batteries to Tesla Inc (NASDAQ: TSLA), CnEVpost

Benzinga

EV excise tax cut begins June 9

The law governing the reduction of the electric vehicle (EV) excise tax from 8% to 2% will take effect on June 9, according to the Excise Department.

Bangkok Post

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Polestar 3 SUV Premiere Coming This Year: What Investors Should Know

An electric vehicle company premiered its first ever SUV on Tuesday morning. Here are the details.

Benzinga

Scottish Government pledges £30 million for electric vehicle push

Meanwhile, the government met its target for reducing greenhouse gas emissions during 2020

Insider UK

Elon Musk Says This Will Be Tesla's 'Best Product Ever'

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Monday that he believes the hotly anticipated Cybertruck would be the electric vehicle maker’s best product ever.

Benzinga

You Can Now Charge Your Tesla Using Ford F-150 Lightning's Cord

Ford Motor Co (NYSE: F), which launched its F-150 Lightning earlier this year, has now unveiled several add-ons to increase the electric vehicle pick-up truck's appeal to buyers of rival brands.

Benzinga

BOI DSG leads team to Sweden and Finland to promote investment in Thailand

Mr. Narit Therdsteerasukdi, Deputy Secretary General of the Thailand Board of Investment (BOI) led a BOI delegation to Sweden and Finland between May 30 – June 3, 2022, to meet with more than 10 executives from leading companies in the digital, biotech and electric vehicle charging system industries. The delegation…

Bangkok Post

Electric vehicle transition to be supercharged by Scottish Government

More than £30 million is set to be spent by the Scottish Government this year to support the move to electric vehicles.

The National (Scotland)

Cathie Wood Trims Stake In This Warren Buffett-Backed Automaker And Laps Up Another $5M In Tesla

Cathie Wood-led Ark Investment Management on Monday sold shares in Chinese electric vehicle maker BYD Co (OTC: BYDDY) for the first time in nine months and scooped up more shares in Elon Musk-led Tesla Inc

Benzinga

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Toyota's new home battery system builds on its EV battery innovations

Electric vehicle research is allowing for the creation of bigger, smarter batteries.

Benzinga

Rivian Unveils R2 Vehicle Roadmap And Company Highlights: What Did CEO RJ Scaringe Tell Investors?

The founder and CEO of electric vehicle company Rivian Automotive Inc (NASDAQ: RIVN) issued a shareholder letter Monday to share where the company has been and where it is headed. Here are the key takeaways from the letter.

Tribune News Service

Opponents of Georgia Rivian plant contend county board erred in recent vote

Plans for a $5 billion Rivian electric vehicle factory east of Atlanta are barreling forward after an incentive agreement cleared two key county votes, but an opposition group has raised concerns about the way one board approved it.

Daily Record

How switching to an electric vehicle could save you £3k a year

Last week, petrol prices reached an all time high

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Asharq Al-Awsat

New Saudi Investment in the Electric Car Sector

Saudi Arabia's Abdul Latif Jameel Group has signed an agreement with India's Greaves Electric Mobility, the electric vehicle arm of the engineering firm Greaves Cotton, to invest SAR 825 million ($220 million) in the company. The Saudi company will initially pour SAR 560 million ($150 million) for purchasing 35.8% stake…

Bangkok Post

EA to unveil trucks in H2

SET-listed Energy Absolute (EA), a renewable energy and electric vehicle (EV) developer and operator, is preparing to launch battery-run trucks in the second half of this year as it shifts its EV business into top gear.

Benzinga

No, Tesla Is Not Freezing Hiring: Company Still Taking On Hourly Workers And Focusing On These 3 Areas

News of electric vehicle giant Tesla Inc (NASDAQ: TSLA) cutting jobs has been widely covered by the media this week. Here’s a look at updates from the company including how the hiring freeze reports could be inaccurate.

Reason

GM Slashes Prices for Its Electric Vehicles (To Compete With Tesla)

You can thank robust competition for the fact that environmentally friendly cars are easier than ever to afford.

Benzinga

Elon Musk Wants To Slash 10% Tesla Jobs, Freeze Hiring Worldwide Due To 'Super Bad Feeling:' Report

After sternly asking employees to come back to the office and ditch remote work, Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk has reportedly warned of job cuts at the electric vehicle company.

InsideEVs

US: Ford EV Sales Surged In May 2022 - Mach-E, E-Transit And F-150 Lightning

Ford's all-electric vehicle sales shine in the US, with 6,254 units in May (new record and an increase of 222% year-over-year).

Benzinga

This Solar Electric Vehicle Company That Beat Tesla In A Drag Race Has Over 22,000 Reservations

A solar vehicle startup continues to see strong anticipation for its vehicle. Here’s a look at how the company’s reservations are shaping up.

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