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The Latest Breaking News from electric vehicle

EV market 'explodes' in WA over past two years as state has nation's highest growth in Tesla sales

The membership of the Tesla Owners Club WA has grown to more than 2,500 as the state records Australia's highest growth in sales for the past two years.

ABC News

3 burning questions about Tesla’s aggressive EV price cuts

The electric automaker’s major reductions will help clarify the electric vehicle market and reveal interest in self-driving software.

Fortune

Tesla slashes vehicle prices up to 20% in US, Europe

New York (AFP) - Tesla on Friday announced it will cut the price of its best-selling electric vehicle models up to 20 percent in Europe and the United States, launching a price war as more rivals hit the market.

AFP

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Tesla cuts vehicle prices in bid to boost flagging demand

With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest

The Independent UK

Electric vehicles look poised for slower sales growth this year

Every year, BloombergNEF’s team of analysts pauses to reflect on what’s happened in our industry and make some predictions on what might be in store next. Each year presents its own challenges, and 2023 is no exception, with economic uncertainty riding high, geopolitical tensions rising and the policy landscape shifting.

Tribune News Service

Volkswagen, Sony/Honda EV, Benz And Charging: Top EV News Jan 13, 2023

VW is reaching EV delivery milestones and the Sony/Honda EV is coming, but we are facing a charging infrastructure shortage. Perhaps Mercedes can help.

InsideEVs

EV maker BYD expanding in Vietnam

HANOI: The Chinese electric vehicle (EV) maker BYD Auto Co is reportedly planning to build a plant in Vietnam to produce car parts, which would complement an EV production plant scheduled to open next year in Thailand.

Bangkok Post

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Tesla slashes prices on new electric vehicle models in the U.S.

The cuts add to the worries of a demand slowdown for Tesla at a time when investors are casting doubt on Musk’s leadership abilities.

Axios

Indonesia says talks with Tesla continuing

JAKARTA: Negotiations between Indonesia and Tesla are continuing, a senior minister said on Thursday, following a report that the US electric vehicle maker is nearing a preliminary deal to build production facilities with a capacity of one million units in the country.

Bangkok Post

China's 2022 auto sales rise 9.5% but growth weakening

An industry group says China’s auto sales rose 9.5% in 2022 as electric vehicle purchases nearly doubled, but demand slumped in December, foreshadowing weaker growth this year

The Independent UK

Federal safety watchdog concerned about EV weight, size in crashes

WASHINGTON — The chair of the National Transportation Safety Board said Wednesday that she's concerned about the safety risks of heavy electric vehicles.

Tribune News Service

Investors mock Elon Musk's bid to move Tesla buyout trial

Lawyers for Tesla shareholders suing the electric vehicle maker’s CEO Elon Musk over a misleading tweet are urging a federal judge to reject the billionaire’s request to move an upcoming trial to Texas from California

The Independent UK

1 Stock You Shouldn't Buy Despite Its Cheap Price

Electric vehicle company Mullen Automotive (MULN) has witnessed a massive decline in share price over the past year. Let’s take a closer look at why the loss of value should not be confused with deep value in this case. Continue reading….

StockNews.com

Driving electric car can save $800 a year

Nine out of 10 drivers would save money by switching to an electric vehicle, according to US university research, but some motorists could miss out.

AAP

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The Conversation

Funding electric public transit can reduce emissions and address economic inequality

Electric vehicles have the potential to address climate change by producing significantly less greenhouse gas (GHG) emissions and other air pollutants than conventional gasoline-powered vehicles.

The Independent UK

Inside Tesla’s terrible year, and what comes next for the electric car giant

Elon Musk made Tesla what it was, but he could also be its undoing, Richard Hall reports.

AAP

Call to accelerate electric car transition

The automotive industry is failing to move to electric vehicles fast enough to freeze climate change, a leading car executive has warned.

The Conversation

Tesla: what 2023 holds for the electric vehicle company and why it might be time for Musk to go

If share price is anything to go by, Tesla is in trouble. The market capitalisation of the electric vehicle (EV) company has fallen by 73% from its record high in November 2021, causing concern for investors.

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The Street

GM Joins Forces With Tesla Against the Government

The Lyriq SUV, Cadillac's first-ever electric vehicle, is excluded from federal tax credits.

Tribune News Service

Stellantis secures manganese sulphate supply for EV batteries from Element 25

The maker of Jeep SUVs, Ram pickup trucks and other vehicles on Monday said it has secured supply of high-purity manganese sulphate monohydrate for electric vehicle batteries in a five-year agreement with Australian miner Element 25 Ltd.

WEKU

State transportation officials preparing to hear from EV charging station contractors

The Kentucky General Assembly is working to modify state spending for creation of a network of electric vehicle charging stations. It’s not expected to slow down the effort to power up more highway-adjacent hookups.

Tribune News Service

Commentary: It’s time to dump Twitter — and Elon Musk

There’s no longer any doubt: It’s time for anyone who’s not a QAnon believer or MAGA hat-wearing adherent of the far right to stop doing anything that boosts Elon Musk’s profit and power. If you’re on Twitter, leave. If you’re looking to buy an electric vehicle, don’t get a Tesla.

Bangkok Post

Shaking up the EV market

The entry of more Chinese electric vehicle (EV) producers into the Thai market is not only improving sentiment among buyers as they can choose from a wider variety of models, but it is also testing their brand loyalty.

The Street

Iconic Brand Shakes Up the Electric Pickup Market

Ram is entering the electric vehicle market behind its competitors.

The Conversation

What you need to know for your next hybrid or electric vehicle purchase

As part of its goal to achieve net-zero emissions by 2050, Canada has introduced new regulations to mandate one-fifth of all vehicles sold in Canada be electric by 2026.

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