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The Latest Breaking News from electric vehicle

Extortionate electric car charging costs at motorway services laid bare

Electric vehicle owners without a home charger may need to shop around to find the best price after Which? research found motorway services can cost 8p a mile more than filling up with petrol or diesel

Daily Mirror

Tesla's Giga Shanghai Plant To Shut Down, Ford European Manufacturing Plans, Toyota Stumbles Upon Launch: Week's Top News From EV Industry

The return of risk appetite to the market helped electric vehicle stocks rebound in the week ending June 24. Most stocks, barring some second-rung EV manufacturers, posted strong gains. The gains were led by the Chinese trio as they extended their rally amid an inflection in sentiment toward Chinese stocks in…

Benzinga

Better Buy: Honda Motor Company vs. Ford

Auto manufacturers are forced to cut production due to input-related headwinds. However, the shifting focus of Honda Motor Co. (HMC) and Ford (F) on the fast-growing electric vehicle (EV) market should drive their long-term growth. But which of these stocks is a better buy now? Read more to find out….

StockNews.com

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Time To Drop These Beaten Down EV Stocks

Despite solid sales growth over the past year, the electric vehicle (EV) industry is grappling with supply chain issues and a shortage of key raw materials. As supply constraints are not expected to be eased anytime soon, fundamentally bleak EV stocks NIO (NIO) and Lucid Group (LCID), which have plunged…

StockNews.com

Ford Ending Lease Buyouts For All Its Electric Vehicles In The US

Ford Credit has implemented the change in 37 states on June 15, with the remaining 13 states and D.C. to follow before the fourth quarter of 2022.

InsideEVs

Stellantis Makes €50M Equity Investment In Lithium Company Vulcan Energy Resources

Stellantis NV (NYSE:STLA) has made a €50 million (A$76 million) equity investment in Vulcan Energy Resources Ltd (OTC:VULNF) and has extended its original binding offtake agreement to ten years. Vulcan is a lithium producer and intends to produce a battery-quality lithium hydroxide chemical product from its combined geothermal energy and lithium resource in Germany. The investment…

Benzinga

Rivian opponents challenge $700M in local tax breaks for EV maker

Opponents of the planned $5 billion Rivian electric vehicle factory asked a judge this week to overturn a Morgan County, Georgia, board's approval of a rental agreement with the company, alleging the deal violates the state constitution.

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BMW Starts Up New China Plant To Take On Tesla, Nio In World's Biggest EV Market

German automaker BMW (OTC: BMWYY) has started production at a new $2.24 billion electric vehicle plant in Shenyang, China, as it looks to take on Tesla Inc (NASDAQ: TSLA) an

Benzinga

Tesla Had A Top 10 Selling Car Globally In 2021: Could It Crack The Top 5 In 2022?

Electric vehicle company Tesla Inc (NASDAQ: TSLA) is not only dominating sales of vehicles in the non-traditional automobile markets, it's moving up the leaderboard of all vehicles. Here’s a look at the top selling vehicle models of 2021 and what could happen in 2022.

Benzinga

Toyota recalls new bZ4X electric vehicle after wheels start falling off

A spokesperson tells Input that the Toyota is unable to verify how many times drivers experienced wheel failure while driving.

Input

Toyota Recalls EVs Over Faulty Wheels: WSJ

Toyota Motor Corp (NYSE:TM) recalls 2,700 of its first mass-produced electric vehicles (EVs) on tire safety risks, the Wall Street Journal reported. The auto giant would recall its all-electric 2023 bZ4X SUV after finding fault with bolts that connect the wheels with the vehicle. Related: Toyota Debuts bZ4X SUV Battery Electric Vehicle Toyota…

Benzinga

Methode Electronics Clocks 4% Revenue Decline In Q4 Due To Lower Sales Volumes In Auto Segment

Methode Electronics, Inc (NYSE:MEI) reported a fourth-quarter FY22 net sales decline of 4.1% year-on-year to $288.7 million, missing the consensus of $289.5 million. The decrease was due to lower sales volumes in the Automotive segment due to supply chain constraints and the conflict in Ukraine. EPS of $0.43 missed the consensus of $0.56.…

Benzinga

Tesla Supplier CATL Becomes First Non-Korean Firm To Ship EV Batteries To Kia

Tesla Inc (NASDAQ: TSLA) China supplier CATL has shipped electric vehicle batteries to South Korea’s Kia Corp, a subsidiary of Hyundai Motor Company, Reuters

Benzinga

FTI says country needs to step up EV development

Thailand must speed up its electric vehicle (EV) development to stay ahead of Indonesia if it still wants to become a regional EV production hub, says the Federation of Thai Industries (FTI).

Bangkok Post

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InsideEVs

Ford Selects Valencia Plant To Produce EVs

Ford announced today the selection of its plant in Valencia, Spain as the preferred site to assemble EVs based on a next-generation electric vehicle architecture.

Benzinga

NaaS Partners With State Grid Changzhi Electric Power Supply For EV Charging Stations

NaaS Technology Inc (NASDAQ:NAAS) has signed a partnership agreement with State Grid Changzhi Electric Power Supply Company to build new electric vehicle (EV) charging stations. The move is aimed at enhancing the local charging services in Changzhi, Shanxi Province. Under the agreement, State Grid Changzhi Electric Power Supply Company will provide construction sites…

ABC News

Electric vehicle batteries have applications beyond the cars that carry them, advocates say

Electric vehicles are increasingly being viewed as sources of power, not just users of it, and Adelaide Hills winemaker James Tilbrook says one of today's options might have helped when he confronted an inferno.

Benzinga

Elon Musk Addresses Whether Twitter Deal Would Get Tesla In Trouble In China

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday he believes there will not be any issues related to running his electric vehicle business in China in case the $44 billion Twitter Inc (NYSE:

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Wales Online

Electric cars 'completely unreachable' for many in Swansea, councillors told

Councillors and officers discuss what actions could help Swansea reach 'net zero' in an at times tetchy meeting

Bangkok Post

BOI attends EV Forum 2022

Mr. Narit Therdsteerasukdi, Deputy Secretary General of the Thailand Board of Investment (BOI) on 17 June 2022 attended the "EV Forum 2022: Move Forward to New Opportunity" organised by Krungthep Turakij and Thansettakij at the Grand Ballroom, Grand Hyatt Erawan Bangkok. Mr. Supattanapong Punmeechaow, Deputy Prime Minister and Minister of…

Evening Standard

I don’t want to get stranded! 10 ways to avoid Electric Vehicle range anxiety

Running out of battery is the biggest worry for drivers considering buying an electric car ‒ but how likely is it really?

Bangkok Post

Soft loans to grow EV chargers

The government looks set to offer soft loans to small and medium-sized enterprises (SMEs) and startups that want to invest in charging stations for electric vehicles (EV), a move aimed at increasing domestic EV purchases.

The Texas Tribune

Texas plans to place charging stations for electric cars every 50 miles on most interstates

With $408 million in federal funds, the state wants to build enough charging stations to support 1 million electric vehicles.

StockNews.com

Strong Demand For Rivian's Electic Vehicles, Time To Buy?

Electric vehicle maker Rivian Automotive’s (RIVN) efforts to diversify its consumer and commercial vehicles portfolio have helped it witness substantial demand. But unfortunately, the company faces various challenges, including supply chain hold-ups and rising input costs. Moreover, given that the stock’s negative profit margin could be a deterrent amid recession…

InsideEVs

New Nissan LEAF To Be Driven From Mexico To Canada

Tony Williams will embark on an epic Mexico to Canada journey in his brand new Nissan LEAF starting on June 18th.

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