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The Latest Breaking News from electric vehicle

Electric Vehicle Prices Plummet: 14 Percent Drop Compared To Last Year

Tax incentives and Tesla's price war might have contributed to a 14% drop in the average transaction price for new EVs in May 2023.

InsideEVs

How Section 45X Is Revolutionizing Domestic Electric Vehicle Production

Section 45X under the Inflation Reduction Act makes EV manufacturing attractive for OEMs with billions of dollars in incentives.

InsideEVs

Battered Electric Vehicle Maker Rivian Hit by Major Blow in Battle to Rival Tesla

The EV startup, which has been going through some tough times, recently received more bad news.

The Street

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How a UK hydrogen car industry could cut fuel costs and carbon emissions

British car company Jaguar Land Rover’s owner, the Indian conglomerate Tata, is expected to finalise a deal soon to build a multi-billion pound electric vehicle (EV) battery plant in the UK.

The Conversation

AAA: Electric vehicles' range falls when carrying heavy loads

Electric vehicles lose a significant amount of range when loaded with heavy cargo, according to a new AAA study released Tuesday.

Tribune News Service

More rideshare drivers to go electric after $20m grant

Another 500 electric vehicles will be offered on subscription to rideshare drivers in Australia as part of an investment in replacing petrol cars.

The New Daily

Want to Lease an EV? There's a Tax Credit 'Loophole' for That

If you are deciding whether to lease or buy a car, here's what you need to know about the EV lease tax credit.

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Ford Opens Cologne EV Center, Home Of Europe's Electric Explorer SUV

The Ford Cologne Electric Vehicle Center will build more than 250,000 EVs annually at full capacity.

InsideEVs

Is June the Time to Buy or Hold Ford Motor (F)?

Ford (F) surpassed the consensus revenue and earnings estimates for the first quarter. The company is investing heavily to grow its electric vehicle (EV) business, but it is expected to lose $3 billion from the sales of EVs this year. Given the rising competition within the industry, is it wise…

StockNews.com

Tesla Chinese Rival Produces Its First Electric SUV

The Chinese electric vehicle maker rolled its first electric sports utility vehicle off the assembly line.

The Street

Elon Musk Talks About a $20,000 Tesla

Tesla, the electric vehicle maker run by the billionaire, has no models under $40,000 in base price.

The Street

General Motors Teases It Will Revive Popular Tesla Rival EV

The Street

Stock Market Today: Stocks Close Higher as Tesla Extends Win Streak

The electric vehicle maker extended its longest daily win streak since early 2021 after announcing a new deal with GM.

Kiplinger

With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers

Starting next year, owners of electric vehicles made by General Motors and Ford will be able to charge their EVs at many of Tesla’s charging stations, the largest such network in the country

The Independent UK

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The Hindu

Avera signs MoU with NREDCAP for supply of electric vehicles

Vijayawada-based electric vehicle manufacturer Avera has signed a Memorandum of Understanding (MoU) with the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to make the vehicle accessible to the government employees, thereby helping the government achieve its goal of ushering in green and sustainable transportation. NREDCAP Vice-Chairman and…

Zenger

Tesla Rival Lucid Eyes Highly Competitive China Market Despite Production Woes On Home Turf

Electric vehicle upstart Lucid Group, Inc could be setting its sights on the highly-competitive Chinese market.

Bangkok Post

Industry federation calls for greater business cooperation with Beijing

The Federation of Thai Industries (FTI) wants to increase Chinese investment in Thailand, especially in the electric vehicle (EV), food and healthcare segments, by advocating more business cooperation with Beijing.

The Street

Tesla and GM Make Big Announcement

GM CEO Mary Barra plans to use Tesla's charging network to give electric vehicle drivers more access.

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WEKU

GM's electric vehicles will gain access to Tesla's charging network

Also under an agreement between the two companies GM will adopt Tesla's connector, the plug that links an electric vehicle to a charging station. Ford recently made a similar announcement with Tesla.

The Independent UK

GM CEO Mary Barra to discuss EV charging with Tesla CEO Elon Musk

General Motors CEO Mary Barra and Tesla CEO Elon Musk are scheduled to discuss the future of electric vehicle charging on Twitter Spaces on Thursday afternoon

StockNews.com

2 Auto Stocks to Buy This Week, 1 to Sell

With the adoption of advanced technologies and the rising prominence of Electric Vehicles (EVs), the auto industry is well-positioned for the future. However, given the persistently challenging macroeconomic conditions, it might face some near-term issues. Thus, it could be wise to invest in American Axle & Manufacturing (AXL) and Miller…

InsideEVs

Ford Cutting Wait Times For F-150 Lightning XLT To Three Months

Ford says the high-demand F-150 Lightning XLT model will gain the largest initial production increase at the Rouge Electric Vehicle Center this fall.

Evening Standard

Uber debuts AI smart-charging features for London drivers in sustainability push

Real-time data can tell drivers where and when to charge their electric vehicles, while passengers can find out how much CO2 they have avoided

The Independent UK

Ministers urged to close ‘gulf’ between electric vehicles and charge points

The Times said that industry figures showed that across the UK there were 36 electric cars on the road for every standard public charger last year

InsideEVs

GM Has No Plans To Build All-New Factories For Electric Vehicles

The automaker will convert some existing factories to build only EVs and others to build both electric and gasoline vehicles, GM's top manufacturing exec said.

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