Electric vehicles
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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Guggenheim downgrades Tesla to sell, says fourth-quarter estimates are too optimistic
Guggenheim said Friday that Tesla ‘s fourth-quarter expectations are too high — and its stock could struggle as a result. Analyst Ronald Jewsikow downgraded the stock to sell from neutral over concerns about the electric vehicle maker’s fourth-quarter estimates. He assigned a price target of $89, which presents a 28% downside from Thursday’s close. Jewsikow […]
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Electric powered luxury-automobile maker Lucid produced much more cars in 2022 than predicted
With 1,050 horsepower, the new Grand Touring Overall performance version becomes the most strong edition of Lucid’s electric powered Air sedan. Lucid Motors Electric luxurious automobile maker Lucid Team said it created just about 7,100 automobiles in 2022, a little bit more than expected. The corporation instructed buyers in August to be expecting production of […]
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Rolls-Royce sees history revenue in 2022, no slowdown in spending by the rich
Rolls-Royce offered a history selection of cars in 2022 as demand from customers for its $500,000 vehicles remained sturdy, despite economic downturn fears, according to CEO Torsten Muller-Otvos. “We haven’t seen any slowdown or downturn,” Muller-Otvos told CNBC. “We have not witnessed any damaging effect.” Rolls-Royce sent 6,021 cars and trucks last 12 months, up […]
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India is learning to love electric vehicles — but they’re not cars
Electric vehicle charging stations from Tata Power can be found on 350 of the 600 highways in India. Puneet Vikram Singh, Nature And Concept Photographer, | Moment | Getty Images When most people think about electric vehicles, they think cars. From brands like Tesla and Rivian in the United States, to Nio and XPeng in […]
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Tesla breaks into America’s bestselling cars list for 2022, but trucks still dominate
A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images DETROIT — Pickup trucks again led America’s top-selling vehicles last year, but Tesla broke into the top 10 for the first […]
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Ram previews new electric pickup to rival Ford, Rivian and others
Ram 1500 Revolution BEV electric concept truck Stellantis Ram Truck previewed its upcoming electric pickup Thursday at the CES technology show, as the automaker plans its entrance into the emerging segment next year to compete with Detroit rivals as well as Rivian and, potentially, Tesla. The Stellantis truck brand revealed the Ram 1500 Revolution BEV […]
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Ford pickup truck sales in December help narrow overall sales decline
2023 Ford Super Duty F-350 Limited Ford DETROIT — Ford Motor narrowed its U.S. sales loss last year to 2.2%, as the automaker notably increased sales of its F-Series pickups to end 2022 with a slight increase in December. The Detroit automaker on Thursday reported sales of more than 1.9 million vehicles in 2022, including […]
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Amazon’s Alexa will before long enable EV motorists obtain a charger
Alexa for EV charging Supply: Amazon Amazon is betting that Alexa, its voice-activated digital assistant, can assist simplicity one of electric powered automobile drivers’ largest problems: obtaining a charging station although on the street. At CES on Thursday, Amazon declared a new collaboration with EVGo, one particular of the major U.S. charging networks, that will before […]
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