Electric vehicles
Rivian reports a narrower-than-expected quarterly loss, reaffirms EV production target
Electric vehicle maker Rivian Automotive on Tuesday reported a first-quarter loss that was narrower than expected and said it’s still on track to meet a 50,000-vehicle production target for 2023. Shares were up about 4% in after-hours trading following the news. Here are the key numbers from Rivian’s first-quarter earnings report, together with consensus Wall […]
Read MoreFisker cuts production guidance for Ocean EV after last-minute snags
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Beach, California. Patrick T. Fallon | AFP | Getty Images Electric vehicle startup Fisker on Tuesday reported a wider first-quarter loss than […]
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Tesla hikes value of higher-close Model S and Product X in China by about $2,750
Tesla has enacted a collection of selling price cuts on its cars. But it has lately started increasing the price ranges yet again. Chukrut Budrul | Sopa Visuals | Lightrocket | Getty Images Tesla lifted the cost of its extra highly-priced Product S and Product X vehicles in China, its web-site showed Friday, following other […]
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Tesla hikes costs in U.S., China and other markets just after multiple cuts
Visitors check a Tesla Model 3 car or truck future to a Model Y shown at a showroom of the U.S. electric powered car or truck (EV) maker in Beijing, China February 4, 2023. Florence Lo | Reuters Tesla hiked the selling price of quite a few vehicles in key marketplaces, such as the U.S. […]
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Japan to give up to $1.8 billion in subsidies for storage battery, chip tasks
A Honda Motor Co. Mobile Power Pack sits inside of a PCX Electric powered scooter on display at the Tokyo Motorbike Present in Tokyo, Japan, on Friday, March 23, 2018. The show operates right until March 25. Photographer: Kiyoshi Ota/Bloomberg through Getty Photos Bloomberg | Bloomberg | Getty Visuals Japan will supply as a great deal […]
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Mobileye shares plunge after self-driving tech company cuts guidance amid Tesla’s EV price war
Mobileye signage during the company’s IPO at the Nasdaq MarketSite in New York, US, on Wednesday, Oct. 26, 2022. Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the biggest US initial public offerings of the year above its marketed range to raise $861 million. Michael Nagle | Bloomberg | […]
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Are fuel-powered or electric cars a greater offer? EVs may well win out in very long operate, authorities say
Essential Details Electrical cars have a bigger sticker rate than traditional gasoline-powered vehicles, on regular. But EVs may be a far better monetary deal for buyers about the very long haul. Which is due to the fact maintenance, repair service and gasoline charges are likely to be lower than people for fuel automobiles. The typical […]
Read MoreWhy Porsche, Mercedes and GM are betting on silicon-anode batteries
Lithium-ion battery performance has hit a plateau in current many years, but a breakthrough in engineering claims new heights are before long to be in sight. Batteries produced with silicon alternatively of graphite — the typically utilized material in battery anodes now — have been shown to empower drastically higher power density and quicker charging. […]
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