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The Latest Breaking News on Electric Vehicles

Almost 700,000 cars in London will face Ulez fee after expansion

Mayor Sadiq Khan accused of being ‘out of touch with outer London’ over £12.50 levy

Evening Standard

Ford Ranger Wildtrak X Debuts With Off-Road Goodies As Raptor Lite

It has wider tracks and more ground clearance than the regular Wildtrak.

Motor1

Nearly 700,000 more drivers to face £12.50 a day fee as clean air scheme expands

The rules change in August

Wales Online

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‘Almost 700,000 London car drivers facing Ulez fee’ when zone expands

The ultra low emission zone will be expanded to cover the whole of London from August 29.

The Independent UK

Ford's $3B EV loss shows gas cars are still the profit engine

Gas-powered cars, trucks and SUVs are still paying the bills for automakers as they pile money into electric vehicles.

Axios

Thailand Post to have EV fleet within 5 years

Thailand Post aims to replace its existing postal vehicles with electric vehicles (EVs) within five years as part of its sustainable growth strategy.

Bangkok Post

Ford Expects Model e EV Unit To Post $3 Billion Loss This Year

Ford Model e's loss forecasted for 2023 is 43% higher than the EV unit's $2.1 billion loss posted last year amid increased investment in production, batteries.

InsideEVs

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Ford reveals EV losses as it rolls out new financial reporting

Ford Motor Co. is set to lose $3 billion on its electric vehicle business this year — but it expects losses to reverse in the coming years as volumes of plug-in vehicles grow.

Tribune News Service

Cheapest Tesla Model 3 May No Longer Qualify For US Tax Credit Soon

Currently, most EVs in the US qualify for the credit, but that may change very soon. Tesla reportedly told employees the "base" Model 3 won't remain eligible.

InsideEVs

Ford To Lose $3 Billion Making Electric Cars, But F Stock Rises

Ford offered the first in-depth look at EV profitability from a traditional automaker while unveiling new financial structure. F stock rose.

Investors Business Daily

Tesla's New Hardware 4 May Help Make Unprotected Turns Safer

Tesla's Hardware 4 is already arriving in some cars ahead of its debut in the Cybertruck. As expected, the extra hi-res cameras may improve safety systems.

InsideEVs

Tesla launches UK contact-free test drives, but there’s a catch

Tesla’s first remote test drive site in the UK has launched, near Perth in Scotland

Evening Standard

Glasgow's Low Emission Zone mapped street by street and how it will work

In just a matter of months, Glasgow's Low Emission Zone will start to be enforced with drivers entering the city centre required to ensure their vehicles comply or face a £60 penalty charge.

Glasgow Live

Ford says EV unit losing billions, should be seen as startup

Ford’s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology

The Independent UK

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Insider UK

Scottish drivers more likely to 'go electric' if they can charge at work

Younger drivers, in particular, can be lured into new jobs with the promise of on-site charging

Wales Online

County to install 10,000 chargers by 2030 in big boost for electric vehicle network

Surrey looking to lead the way after concerns that growth in the charging network is failing to keep up with demand for EVs

The Independent UK

Boost for electric vehicle network as county to install 10,000 chargers by 2030

Surrey County Council and charge point provider Connected Kerb intend to install the new chargers.

Motor1

EU Could Allow Sales Of New E-Fuel ICE Cars After 2035: Report

The European Commission has already drafted a proposal.

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The Guardian - UK

Germany’s e-fuel EU loophole could mean ‘135bn more litres of petrol burnt’

Request for exemption from ICE car phase-out would displace up to 46m electric cars, says campaign group

StockNews.com

2 Auto Stocks to Buy Right Now and 2 to Avoid

While macroeconomic uncertainties are expected to remain in the near term, rapid EV adoption easing supply chain issues should bolster long-term growth in the auto industry. Hence, fundamentally strong auto stocks Stellantis N.V. (STLA) and General Motors (GM) could be ideal additions to your portfolio. However, fundamentally weak NIO (NIO)…

InsideEVs

Volkswagen To Become Global EV Battery Supplier, Invest In Mining

Interestingly, just last week VW Group's new CEO Oliver Blume noted that its EV partnership with Ford is "intensifying," and now we have more details about how.

StockNews.com

1 EV Stock to Avoid in 2023 No Matter What

Macroeconomic issues have marred the Electric Vehicle (EV) industry to some extent. Given this backdrop, fundamentally weak and beaten down EV stock Lucid Group (LCID) might be best avoided in 2023. Read on….

Bike Perfect

Has the new TRP Tektro MTB groupset got what it takes to be a contender?

TRP promises race winning technology with superior craftsmanship in its latest groupset

Investors Business Daily

Nio Stock Heads For Best Week Since January, Lifted By This EV Goal

Nio's CFO said the Chinese EV startup is "very confident" about doubling sales this year.

InsideEVs

EU Drafts Plan To Allow Sales Of New ICE Cars On E-Fuel Beyond 2035

The draft suggests creating a new type of vehicle category in the EU for cars that can run only on carbon-neutral fuel.

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