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The Latest Breaking News from electric vehicle

Ford, GM, Stellantis, Toyota urge Congress to lift EV tax credits cap

WASHINGTON — Ford Motor Co., General Motors Co., Stellantis NV and Toyota Motor Corp. sent a letter to congressional leaders Monday urging them to lift the 200,000 customer cap for existing electric vehicle tax credits.

Tribune News Service

Jaguar Land Rover 'in talks' to build giant Somerset gigafactory

The carmaker is reportedly eyeing up two UK sites as it looks to push forward with its electric vehicle plans

Birmingham Post

Dublin councils open to public suggestions on where to put 1,650 electric vehicle charge points

The four local authorities in the city are now working together to get ready for the anticipated surge in electric vehicles

Irish Mirror

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Horse powers detect near-silent electric vehicles

A Scottish scientific study shows that horses are more aware of quiet battery-powered cars than their riders.

Daily Record

Lightyear Debuts With Features Other Electric Vehicles Don't Have

Lightyear rolls out a new production vehicle that has features not available in any other electric vehicle.

The Street

Several hurdles remain for local EV market

The lingering question following the launch of the government's electric vehicle (EV) incentive package earlier this year is whether lower prices will be able to attract prospective car buyers.

Bangkok Post

Illinois Plans Electric Vehicle Rebate For Residents In 2022.

The state of Illinois is offering residents rebates on their purchase of qualifying new and used EVs, including on-road motorcycles beginning in July, 2022.

RideApart

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Chinese EV Maker Nio to Make Self-Developed Battery Packs from 2024

Chinese electric-car maker Nio said that in 2024 it will start making high-voltage battery packs that it has developed itself, as part of a drive to improve profitability and competitiveness to take on rivals such as Tesla. Nio, plans to start producing an 800-volt battery pack in the second half…

Asharq Al-Awsat

Biden administration launches proposed EV charger requirements

WASHINGTON — The Biden administration on Thursday released its proposed version of standards for federally-funded electric vehicle fast chargers to be built out along the nation's highways.

Tribune News Service

Volkswagen Accelerates Its Electric Vehicle Push to Take on Tesla

The German automaker's recently opened its electric vehicle battery lab in Chattanooga and it looks to dominate the EV market.

The Street

'Tesla Is Just Way Ahead': Why Jim Cramer Says UBS Upgrade Of The Elon Musk-Led Company Is 'Extraordinary'

Jim Cramer on Thursday applauded a bullish analyst call on Tesla Inc (NASDAQ: TSLA) from UBS, suggesting the electric vehicle manufacturer is years ahead of its competition.

Benzinga

Warren Buffett-Backed EV Maker Said To Raise Price Cap On Share Buybacks Amid Stock Surge

Warren Buffett-backed Chinese electric vehicle and battery maker BYD Co (OTC: BYDDY) on Wednesday said it is adjusting the buyback price for shares traded on China's A-share market, CnEVpost

Benzinga

Nio's Q1 Revenue Tops Estimates, Forward Guidance Disappoints: What EV Investors Need To Know

Chinese electric vehicle startup Nio, Inc. (NYSE: NIO) reported first-quarter revenues Thursday that exceeded expectations, while its bottom-line reflected cost pressures.

Benzinga

Ford Comes to the Rescue of Tesla

The Dearborn vehicle maker and its CEO Jim Farley have made Tesla their main rival in the electric vehicle race.

The Street

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Benzinga

Key Takeaways From US's New Standards for National EV Charging Network

The U.S. Transportation Department (USDOT) proposed minimum standards and requirements for electric vehicle (EV) charging projects funded under a $5 billion government program. The government sought 50% of all new vehicles sold to be electric or plug-in hybrid electric models and 500,000 new EV charging stations by 2030, which could serve as…

Benzinga

Cathie Wood's Ark Invest Scoops Up $2.3M Worth Of Tesla

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

Benzinga

Introducing Mullen: The Entirely US-Based Electric Vehicle Manufacturer Rivaling Tesla

David Michery, CEO of Mullen Automotive Inc. (NASDAQ: MULN), was a guest speaker at Benzinga’s All Access on June 3rd, 2022.

Tribune News Service

Conservatives slam Stabenow for praising electric cars amid high gas prices

WASHINGTON — Sen. Debbie Stabenow, D-Michigan, has come under fire from conservatives on social media for boasting about driving her electric vehicle from her home state capital to D.C. over the weekend amid skyrocketing gas prices.

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Benzinga

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

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

Bangkok Post

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.

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