Electric vehicles
Tesla raises starting up price of Design Y in China after the latest price cuts
Design Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric powered autos in Gruenheide, Germany, March 22, 2022. Patrick Pleu | Pool | by using Reuters Tesla has elevated the starting price of its Model Y crossovers by .8% to 261,900 yuan ($38,577.11) in China, after the firm’s aggressive price cuts at the starting of the calendar year ignited demand. […]
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Electric vehicle stocks roar again to life in 2023 — Wall Street’s most loved performs from listed here
Points are hunting up for electric-car stocks this 12 months. In addition to Tesla ‘s comeback following a dismal 2022, shares names these kinds of as ChargePoint Holdings and Rivian Automotive have also rebounded. The iShares Self-Driving EV and Tech ETF , which missing almost 38% past yr, is up 23% so much in 2023. […]
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Canoo’s shares sink after EV maker agrees to sell $52 million in discounted stock
The Lifestyle Vehicle electric minivan from Canoo. Source: Canoo Shares of electric vehicle startup Canoo were sharply lower in early trading on Monday after the company said that it has agreed to sell discounted shares to raise $52.5 million. Canoo’s shares closed at $1.09 on Monday, down over 12%. The stock has lost more than […]
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Vietnam EV maker VinFast delays U.S. motor vehicle deliveries until eventually late February
The VF-8 electrical motor vehicle from VinFast, a Vietnamese automaker manufacturing electrical vehicles and SUV’s, is on exhibit at their showroom in Santa Monica, California, on July 18, 2022. Frederic J. Brown | AFP | Getty Photographs Vietnam’s electric automaker VinFast reported on Friday it will hold off deliveries to its initially consumers in the […]
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Chinese Tesla rival Xpeng launches flagship EVs in Europe in international drive
Xpeng is pushing aggressively into global markets. The Chinese electric automobile start off-up released its P7 sedan and G9 SUV in Denmark, Norway, the Netherlands and Sweden. Zhang Peng | LightRocket | Getty Illustrations or photos Xpeng, a Chinese electric powered car startup, on Friday launched two of its flagship automobiles throughout a quantity of […]
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Ford’s U.S. sales start 2023 on strong footing, boosted by F-Series and Bronco
Ford workers produce the electric F-150 Lightning pickup on Dec. 13, 2022 at the automaker’s Ford Rouge Electric Vehicle Center (REVC). Michael Wayland | CNBC DETROIT — Ford Motor‘s new U.S. vehicle sales started 2023 on a stronger footing than a year earlier but were down 18.4% from December, the company reported Thursday. January is […]
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GM, LG end plans for fourth U.S. battery cell plant as automaker seeks new partner
GM CEO and Chairman Mary Barra and LG Chem Vice Chairman and CEO Hak-Cheol Shin at the automaker’s battery lab in Warren, Mich., where the companies announced a new $2.6-billion joint venture on Dec. 5, 2019. GM DETROIT – General Motors and LG Energy Solution have indefinitely shelved plans to build a fourth battery cell […]
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GM to invest $918 million in new V-8 gas engines and EV components
Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty Images FLINT, Mich. — General Motors plans to invest nearly $1 billion in four U.S. plants to support production of components for electric vehicles as […]
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Tesla will ‘keep blowing our minds’ despite Elon Musk’s distractions, shareholder Tencent says
A Tesla store in Changzhou, China, in April 2022. Tencent, known as one of the world’s largest gaming and social media firms, invested in Tesla in 2017, taking a 5% stake for around $1.78 billion. Sheldon Cooper | Sopa Images | Lightrocket | Getty Images Tesla will “keep blowing our minds” with technology even while […]
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Hertz is bringing thousands of EVs and chargers to the city of Denver in a broad new partnership
Hertz is teaming up with the city of Denver — and soon, it hopes, with other cities — to build out its charging infrastructure to support the ongoing transition to electric vehicles. The partnership is a big step toward helping rental car drivers, including those who may be renting an EV for the first time […]
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