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The Latest Breaking News from electric vehicle

3 EV Stocks You Should Avoid Despite Positive Industry Trends

Despite the positive trends in the Electric Vehicle (EV) industry, investors might steer clear of Rivian Automotive (RIVN), Lucid Group (LCID), and ChargePoint Holdings (CHPT) in light of a potential economic slowdown. Learn more….

StockNews.com

Thailand joins Asean EV battery initiative

Thailand has teamed up with five technology and electric vehicle (EV) organisations in Asean to jointly study and develop EV battery technology in a fresh move to strengthen the growing EV industry in the region.

Bangkok Post

Tamil Nadu clinches ₹20,000-crore deal with Hyundai

Korean automobile major Hyundai Motor India Limited has announced that it will invest ₹20,000 crore over the next 10 years in Tamil Nadu, popularly known as the ‘Detroit of India’, to modernise vehicle platforms and expand its presence in the electric vehicle space

The Hindu

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Plenty happening on Mum's weekend

Community Electric Vehicle Open Day 10am to 2pm, Lake Macquarie Council Administration Building, 126-138 Main Road, Speers Point.

Newcastle Herald

Electric vehicle registrations rising across the Hunter

Hybrid and electric vehicles registrations in the Lower Hunter jumped 16 per cent in the six months to 30 April

Newcastle Herald

Toyota forecasts 10% rise in annual profit, robust EV sales

TOKYO: Toyota Motor Corp on Wednesday said it expects operating profit to climb 10% this business year, with a five-fold jump in pure electric vehicle (EV) sales amid an easing in global supply chain disruption from a shortage of chips.

Bangkok Post

2 Must-Have Auto Stocks for Investors

Due to lucrative government initiatives and growing demand for Electric Vehicles (EVs), the auto industry is poised to thrive in the foreseeable future. Given the significant prospects of the industry, auto stocks Advance Auto Parts (AAP) and Allison Transmission (ALSN) might be solid additions to one’s portfolio. Read on.

StockNews.com

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North East well placed to lead batteries charge but investment in skills required, say industry experts

This week sees the start of oral evidence in a parliamentary inquiry into what is holding UK electric vehicle production back

Birmingham Post

Excise requests extra B3bn for EV subsidy

The Excise Department plans to ask for an additional government budget of 3 billion baht to subsidise the use of electric vehicles (EVs) in the state EV subsidy scheme, in line with the rising sales volume, says deputy director-general Kriengkrai Pattanaporn.

Bangkok Post

Warren Buffett wary of investing in electric vehicle makers in U.S., says auto industry is ‘just too tough’

"The electric vehicle is coming big time [but] it's imposing huge capital costs and huge risks,” said Buffett’s right-hand man Charlie Munger.

Fortune

I’m glad you’ve bought an electric vehicle. But your conscience isn’t clean

First, you’ve got to drive a long way before you overcome your EV’s embedded carbon debt. And then there’s the trouble with the minerals in its battery…

The Guardian - UK

China’s Hozon to make EVs in Thailand

Hozon New Energy Automobile Co of China is preparing to start production in Thailand, becoming the latest electric vehicle maker to begin building a supply chain in the region’s top auto-manufacturing hub.

Bangkok Post

The 2 Best Automotive Stocks to Buy in May

On the backs of growing demand for Electric Vehicles (EVs), the automobile sector is poised to thrive in the foreseeable future. Therefore, automotive stocks Daimler Truck Holding (DTRUY) and REV Group (REVG), with strong fundamentals, could be wise portfolio additions in May. Read on to find more….

StockNews.com

Council could face £55m bill to replace fleet of 1,000 vans and lorries with electric vehicles

Councillors were told that electric vans cost on average £9,000 more petrol or diesel ones but that powering them was cheaper

Wales Online

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Salon

Calif. could use EVs to stop blackouts

The state might require every electric vehicle to be capable of powering your home — and the grid

Inverse

The Electric Vehicle Revolution Could Hurt Low-Income Neighborhoods

A new study found that electric vehicle adoption could bring worse air quality to low-income neighborhoods.

StockNews.com

Act Now: Sell These 3 EV Stocks Before It's Too Late

As investors fret over a potential recession and falling car sales, it could be wise to steer clear of some of the fundamentally weak Electric Vehicle (EV) stocks XPeng (XPEV), Canoo Inc. (GOEV), and Faraday Future Intelligent Electric (FFIE) before things get much uglier. Read more….

Bangkok Post

BoI woos Chinese EV battery giant

Thai authorities are in talks with China-based CATL, the world’s biggest electric vehicle battery maker, and others to build production facilities in the country to fuel its EV production hub ambitions, according to the head of the Board of Investment (BoI).

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The Guardian - AU

My advice to Toyota? Build electric vehicles and Australians will buy them

It’s strange that a company with a reputation for innovation, customer satisfaction and continual improvement is dragging its feet on electrification

InsideEVs

2023 Toyota bZ4X: Competitive Pricing, But So-So EPA Range

Continuing our overview of the all-electric vehicles available in the United States, today we will take a look at the 2023 Toyota bZ4X.

The New Daily

Toyota says it’s too early for electric car transition

Australia's top-selling car maker says it is too early for electric vehicles to replace all cars, arguing some motorists could be left behind in the move.

InsideEVs

NIO Electric Car Sales Increased In April 2023 By 31%

NIO once again increased its global electric vehicle deliveries in April. Last month, the Chinese premium EV start-up delivered 6,658 cars (up 31%).

Barchart

Rivian Automotive Struggles to Compete in Electric Vehicle Market

Shares of Rivian Automotive (RIVN ) have lost 93% of their value since their initial public offering in 2021. The company’s market capitalization has fallen to less than $12 billion today from $150 billion realized after its public trading debut in 2021. Rivian Automotive is struggling to compete in a...

InsideEVs

2023 Volkswagen ID.4: EPA Range And Price Overview

In 2023, the Volkswagen ID.4 happens to be one of the most interesting all-electric crossover/SUV model on the market in the United States.

ABC News

Cottage industry emerges for mechanics as classic car owners convert petrol vehicles to electric

As the take-up of electric vehicles continues to gather pace, so too has a cottage industry for mechanics converting traditional petrol and diesel-powered cars into EVs.

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