Over half of all new cars sold in the U.S. by 2030 are expected to be electric vehicles. That could put a major strain on our nation’s electric grid, an aging system built for...
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8 Minutes
2 Minutes
Tesla hikes prices in U.S., China and other markets after multiple cuts
Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. Florence Lo | Reuters Tesla...
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2 Minutes
Why cities continue to have a love-hate affair with e-scooters
Ride-share e-scooters are parked on the sidewalks of major cities across the world. And 158 U.S. cities already have ride-share e-scooter systems in place. But some cities, like New Orleans and Las Vegas, have...
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9 Minutes
The $25,000 electric vehicle is coming, with big implications for the auto market and car buyers
Sales of the sub-$30,000 Chevy Bolt, being assembled here in Orion Township, Michigan, allowed GM to recently pass Ford as a distant No. 2 behind Tesla in EVs. Joe White | Reuters From the...
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4 Minutes
Renault CEO questions wisdom of electric vehicle price cuts
Renault CEO Luca de Meo on Thursday questioned the wisdom of price cuts rivals have been implementing in a bid to bolster market share for their electric vehicle fleets. “We’ve seen competitors moving prices...
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3 Minutes
Ford F-150 Lightning production halt was triggered by vehicle battery fire
Ford CEO Jim Farley pats a Ford F-150 Lightning truck before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, a China-based company called Contemporary...
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5 Minutes
Biden praises Musk for promise to open 7,500 Tesla chargers to other EVs
The Biden administration wants to see at least 500,000 electric vehicle chargers on U.S. roads by 2030, and announced a slate of initiatives on Wednesday to help make that a reality, including commitments from...
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1 Minute
Ford to cut 3,800 jobs in Europe in shift to electric vehicle production
Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC Automaker Ford on Tuesday said it intends to cut 3,800 jobs in Europe over the next three years to adopt...
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4 Minutes
Ford to move forward with $3.5 billion EV battery plant with Chinese partner
DETROIT – Ford Motor said Monday it will collaborate with a Chinese supplier on a new $3.5 billion battery plant for electric vehicles in Michigan, despite tensions between the U.S. and China. The anticipated...
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3 Minutes
Electric vehicle stocks roar back to life in 2023 — Wall Street’s favorite plays from here
Things are looking up for electric-vehicle stocks this year. In addition to Tesla ‘s comeback after a dismal 2022, shares names such as ChargePoint Holdings and Rivian Automotive have also rebounded. The iShares Self-Driving...
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