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The Latest Breaking News on Electric Vehicles

Canberra trial shows EVs can provide backup power to grid in blackouts and emergencies

Researchers say models with vehicle-to-grid capability will be a huge and flexible resource able to respond to emergencies

The Guardian - AU

Tesla Investors Seek Relief From 'Outlandish' $7.2B Legal Fees In Musk Pay Deal

Tesla investors are seeking relief from the $7 billion in legal fees requested by group who blocked Elon Musk's pay package.

International Business Times

Tesla Production, Deliveries Graphed Through Q2 2024: The Road To 6 Million EVs

The second quarter of 2024 brought a year-over-year decrease in Tesla EV production and deliveries, but the results were not as bad as some expected.

InsideEVs

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China's BYD To Open Electric Car Plant In Turkey

China's electric vehicle giant BYD will open a factory in Turkey, a government source told AFP on Monday, as the company continues its international expansion.

International Business Times

GM's U.S. Ultium EV Sales Exceeded 20,000 In Q2 2024

Of 21,930 electric vehicles delivered by General Motors in the U.S. in Q2 2024, 20,556 or nearly 94% happened to be Ultium-based EVs.

InsideEVs

Tesla won’t free up use of its batteries, leaving owners unable to reap full benefits

Exclusive: Experts say Tesla should be excluded from rebates for disabling function on its batteries in Australia that would let users alter power usage remotely

The Guardian - AU

NASCAR formally unveils its EV prototype race car at Chicago

As part of its new partnership with ABB, a leader in electrification and automation, NASCAR introduced its ABB NASCAR EV Prototype at the site of this weekend’s Chicago Street Race.

Motorsport

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A green flag for clean power: NASCAR to unveil its first electric racecar

NASCAR is unveiling its first electric racecar Saturday in Chicago

The Independent UK

Carmakers unhappy after EU hits China with tariffs on electric vehicles

The European Union has slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of "unfair" state subsidies, despite Beijing's warnings the move would unleash a trade war. But company reps in both China and Europe are critical of the steps.

Radio France Internationale

China to hold hearing into brandy imports as tension grows with EU over tariffs on EVs

Ministry will discuss investigation into claims that European producers are selling goods below market rates

The Guardian - UK

This Trading Rule Helped Investors Avoid Big Declines In Netflix, Super Micro, Tesla

Here's one key rule for selling stocks: The one-day largest point loss. That rule helped avoid big declines in Netflix, Super Micro and Tesla.

Investors Business Daily

Europe is slapping tariffs on Chinese electric vehicles — for now. Here's what to know

The European Union is moving to sharply increase customs duties on electric vehicles made in China

The Independent UK

EU brushes aside risk of China trade war over electric vehicle tariffs

Higher levies on Chinese EV imports to come into force despite carmakers’ fears of retaliation

The Guardian - UK

EU imposes tariffs of up to 38% on Chinese electric vehicles

Volkswagen, Europe’s biggest carmaker, warns extra duties will not strengthen Europe’s auto industry.

Al Jazeera

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International Business Times

EU Slaps Chinese Electric Cars With Tariffs Of Up To 38%

The European Union on Thursday slapped extra provisional duties of up to 38 percent on Chinese electric car imports because of "unfair" state subsidies, despite Beijing's warnings the move would unleash a trade war.

The Independent UK

China's BYD inaugurates first plant in Thailand as it expands reach into Southeast Asia

Chinese automaker BYD has inaugurated its first electric vehicle plant in Thailand, part of the company's effort to expand into Southeast Asia while also tackling wealthier markets in the U.S. and Europe

International Business Times

China's BYD Opens EV Plant In Thailand Despite Slowdown, Tariff Row

China's electric vehicle giant BYD opened a factory in Thailand on Thursday, continuing its international expansion despite a market slowdown and hours before the European Union was due to impose swingeing tariffs on Chinese EV firms.

InsideEVs

Fixing Fisker Oceans Requires Wider Release Of Proprietary Diagnostic Tool

The tool is described by a Fisker technician as “compromised and wonky,” but it’s the only way to diagnose Oceans and update them over time.

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Investors Business Daily

Cathie Wood Sells Rising Tesla Stock, Buys This Upstart Drone Maker

Cathie Wood and Ark Invest on Tuesday sold $14.5 million shares of Tesla stock. The firm added shares of eVTOL drone maker Archer Aviation.

The Independent UK

Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies

Investment in electric vehicle manufacturing is booming in Morocco, a country that neighbors Europe and enjoys a free trade agreement with the United States

InsideEVs

Tesla Needs A Radical Strategy To Turn Around. How About Acting Normal?

Tesla's global car deliveries dropped for the second quarter in a row. What would it take to turn things around?

Investors Business Daily

EV Sales Soar 61% For Ford And 40% For GM On The Back Of Tesla 'Conquests'

GM and Ford grew auto sales a bit in Q2, but their EV sales jumped. Ford claimed No. 2 EV spot behind Tesla.

Investors Business Daily

Tesla Deliveries Fall 4% Compared To Last Year But Beat Analyst Predictions

Tesla stock jumped after reclaiming its 200-day moving average Monday.

Investors Business Daily

Rivian Deliveries In Q2 Top Company's Own Expectations. VW And Rivian Partnership Expansion?

Rivian stock advanced 30% last week.

Investors Business Daily

Can Tesla Deliver On Profits With This Bull Call Spread?

With a positive reaction to Tesla's delivery numbers, here's a bullish option trade to profit.

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