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The Latest Breaking News from electric vehicle

As Ford unloads Rivian, Amazon maintains faith in electric vehicle maker

Despite production delays and market upheaval, Amazon is still counting on electric vehicle startup Rivian to help it hit ambitious climate goals and put tens of thousands of electric delivery vans on the road.

Tribune News Service

OR targets green shoppers with EV chargers

PTT Oil and Retail Business (OR) plans to strengthen its electric vehicle (EV) operations by installing more charging outlets at department stores to serve diners and shoppers.

Bangkok Post

Uber Introduces Robot Food Delivery; Looks To Add EV Charging Stations In Its App

Uber Technologies, Inc (NYSE:UBER) launched pilot food delivery services with autonomous vehicles in two California cities in collaboration with Motional, the self-driving joint venture of Hyundai Motor Co, Ltd (OTC:HYMTF) and Aptiv PLC (NYSE:APTV). Uber also looked to add electric vehicle charging stations into its global driver app, Reuters reports. Related: Uber Adds Charter Buses To Its US App…

Benzinga

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Arcimoto’s super-fast electric delivery vehicles are coming to New York

The electric vehicle maker is partnering with delivery vehicle rental service JOCO to pilot its Deliverator EV in New York City.

Input

Volcon Partners With BFGoodrich To Co-Develop New EV Tire, Suspension Technologies

Volcon Inc (NASDAQ:VLCN) said it is partnering with BFGoodrich Tires (BFGoodrich) to develop electric vehicle tires. The collaboration will aim to develop an optimized tire, tire pressure monitoring system, and vehicle suspension system to enhance electric UTV vehicle performance. The Volcon Tech Innovation Group (VTIG) will work with BFGoodrich to co-develop the technology. Michelin…

Benzinga

Arcimoto Partners With JOCO For Manhattan Pilot Program

Arcimoto Inc (NASDAQ:FUV) has teamed with Light Electric Vehicle sharing platform JOCO for a pilot program to field test Deliverator, its three-wheel electric vehicle designed for local and last-mile delivery. The vehicle features a top speed of 75 mph, 102 city mile range, 20+ cubic feet of cargo space. JOCO, which operates…

Benzinga

George Soros' Fund Buys Up Nio And This US EV Stock, While Selling Entire Stake In These 2 Companies

Billionaire investor George Soros' Soros Fund Management has worked around with its electric vehicle portfolio in the first quarter, according to a 13F filing submitted to the SEC on Friday.

Benzinga

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Wall Street Loves These 2 Canadian Electric Vehicle Manufacturers

Canada’s Zero Emission Vehicle (ZEV) market is fast advancing with robust ZEV registrations and growing sales volume. Moreover, the expanding EV charging network in Canada should boost the market. Given this backdrop, Wall Street sees significant upside potential in Canadian EV stocks GreenPower (GP) and Electrameccanica Vehicles (SOLO) in the…

StockNews.com

'The demand is off the scale' says man behind plans to bring lithium hydroxide production to Teesside

Paul Atherley is spearheading a team that hopes to bring strategically important production to the UK for the first time

Birmingham Post

Nissan Says Too Early To Predict EV Unit Spin-Off: Reuters

Nissan Motor Co (OTC:NSANY) thinks it is too early to say whether it will spin off its electric vehicle (EV) business division, Reuters reported, citing a senior executive of the Japanese automaker. "It's too early to consider because of our diversified market portfolio and diversified product portfolio," the report quoted COO Ashwani…

Benzinga

Consultation asks if planning permission should be required for charging points

A CONSULTATION has been launched on proposals to remove or relax the need for planning permission for outdoor restaurant seating and electric…

The National (Scotland)

Nissan mulling third auto plant in the US to meet EV demand

Nissan is considering adding a new auto plant in the U.S. to keep up with growing demand for electric vehicles

The Independent UK

Sources: Hyundai to set $7B US plant during Biden Asia visit

A U.S. official familiar with the project says South Korean automaker Hyundai Motor Group is expected to announce its plans next week to build a massive electric vehicle plant near Savannah, Georgia

The Independent UK

Electric vehicles help spark used-car sales

Industry figures show second-hand car sales are much better for the first three months of the year than they were at the start of 2021 – with a booming interest in buying used electric vehicles.

Daily Record

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Benzinga

Wells Fargo Upgrades ON Semiconductor On EV Prospects

ON Semiconductor Corp (NASDAQ: ON) has the opportunity to become one of the leading suppliers of silicon carbide (SiC) power devices to the electric vehicle market, according to Wells Fargo.

Benzinga

Rivian Sees Price Target Halved At Wedbush: Analyst Sees Potential But It's Time To 'Stop The Excuses'

Rivian Automotive Inc (NASDAQ: RIVN) has the potential to be a major electric vehicle stalwart over the next decade but it needs to start delivering models and "stop the excuses" to reach that goal, Wedbush analyst Dan Ives said on Wednesday as he

StockNews.com

Nikola vs. Lucid Group: Which EV Stock is a Better Buy on the Dip?

Today I will analyze and compare Nikola (NKLA) and Lucid Group (LCID) to determine which electric vehicle stock is currently a better investment.

InsideEVs

GM Ready To Return To Europe As EV-Only Maker: CEO

GM did not say when it plans to start sales and which of its new electric vehicles will be sold in Europe, the world's second largest EV market.

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Newcastle Herald

Newcastle misses out on electric vehicle grants program

Lord mayor Nuatali Nelmes said the reason Newcastle will miss out on the program again comes down to the city's classification.

StockNews.com

Grab These 4 Top-Rated Auto Manufacturing Stocks on Sale

Rising input prices due to worsening supply disruptions and a semiconductor chip shortage have been hurting auto manufacturers. In April, U.S. new vehicle sales declined due to tight inventories and rising prices. However, given the industry’s solid long-term growth prospects, with an increasing focus on electric vehicles, quality auto manufacturing…

Benzinga

World's Biggest Sovereign Wealth Fund Cashes Out Of Rivian, Trims Tesla Stake, But Bulks Up On This Chinese EV Maker

Norges Bank, the central bank of Norway and the sponsor of the world's biggest sovereign wealth fund (the Norwegian Oil Fund), has substantially changed its allocation toward electric vehicle stocks in the first quarter.

Benzinga

What To Watch On Rivian's Stock Heading Into Q1 Earnings

Rivian Automotive, Inc (NASDAQ: RIVN) was falling over 7% lower on Wednesday as the electric vehicle manufacturer headed into its first-quarter earnings print, which is expected after the market close.

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, May 11

Reuters

Insider UK

Electric vehicle charge point fund aims to drive sustainable travel

The £325,000 pot should support around 100 charge points by providing tourism businesses with up to 75% of installation costs

Benzinga

Volkswagen Seeks To Pull A Ford With EV Focused Company In US Amid Tight Race With Tesla: Report

German automaker Volkswagen AG (OTC: VWAGY) is leaving no stones unturned in gaining a foothold into the lucrative U.S. electric vehicle market.

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