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The Latest Breaking News from electric vehicle

BREAKING: Elon Musk Sells $3.9B Of Tesla Shares, Says No 'Further Sales' Planned

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Thursday confirmed the sale of 4.41 million shares in the electric vehicle firm, worth up to $3.9 billion, and said he does not plan to sell more shares.

Benzinga

New EV award for switched-on Scottish hotels

Scotland's hospitality industry is being encouraged to get fully behind the move to electric vehicles – and now a major award has been announced as a big incentive.

Daily Record

Deal reached with Rivian for incentives, environmental standards

A development authority east of Atlanta has voted to approve an "economic development agreement" for the planned $5 billion Rivian factory, outlining terms with the electric vehicle company, including environmental standards and taxpayer-backed incentives.

Tribune News Service

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Base Model Y Delivery Dates Slip Further Into 2023: Here's How Long You'll Have To Wait

Getting your hands on a Tesla Inc (NASDAQ: TSLA) electric vehicle is continuing to be difficult amid supply shortages.

Benzinga

Ford Q1 Earnings Highlights: Revenue And EPS Beat, Valuation Of Rivian Stake Down Sharply, Electric Vehicle Forecast And More

Automotive giant Ford Motor Co (NYSE: F) reported first-quarter financial results after market close Wednesday. Here are the key highlights for investors.

Benzinga

2 EV Stocks That Remain Strong Sells

Despite its promising growth prospects, the electric vehicle (EV) industry is expected to remain under immense pressure for the foreseeable future owing to rising raw material costs and global semiconductor and other supply chain constraints that have been exacerbated by the Russia-Ukraine war. So, we think it could be wise…

StockNews.com

Cathie Wood-Backed EV Maker Xpeng Clinches $1.14B Term Loan Deal To Fund Growth

Chinese electric vehicle maker XPeng, Inc. (NYSE: XPEV) has signed an agreement that would secure additional funding for the company to fuel growth.

Benzinga

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Teesside lithium hydroxide plant could supply 15% of UK and EU electric vehicle manufacturing needs

A feasibility study for the planned factory suggests it would cost £216m and would produce 15% of the projected UK and EU demand for lithium hydroxide

Birmingham Post

Tesla Rival Lucid Bags Deal To Sell 100,000 EVs To Saudi Arabia

Lucid Group Inc (NASDAQ: LCID) said on Tuesday it has entered a deal with the government of Saudi Arabia to sell up to 100,000 electric vehicles over the next 10 years, sending shares of the luxury electric vehicle startup higher after the bell.

Benzinga

'Believe it:' Ford eyes EV market leadership with launch of F-150 Lightning

Ford Motor Co. is officially planting its flag with the launch of an all-electric version of America's best-selling truck, aiming to overtake Tesla Inc. and lead the electric vehicle market.

Tribune News Service

GM continues to book profit amid headwinds, looks to execute EV strategy

General Motors Co. CEO Mary Barra says the company is in "execution mode" for its electric vehicles and again touted its plans while reporting a first-quarter profit Tuesday — the same day crosstown rival Ford Motor Co. celebrated the launch of its electric F-150.

Tribune News Service

Here's The Pattern Nio Stock Must Break From Following EV Production Milestone

Nio, Inc (NYSE: NIO) hit a production milestone on Tuesday, successfully rolling its 200,000th electric vehicle off production lines at its Hefei plant in China

Benzinga

India's Top Transport Leader Says Tesla Welcome To Make EVs In India — But Importing From China Is A Deal-Breaker

Ahead of Tesla Inc. (NASDAQ: TSLA) planned entry into one of the world's largest auto markets, India's transport minister said the electric vehicle manufacturer should make cars in India and must not import it from China.

Benzinga

Thailand Roadshow to Japan Reinforces Commitment to Partnership and Future Investments in EV, BCG and Electronics

Mr. Supattanapong Punmeechaow, Thailand’s Deputy Prime Minister, said that the investment promotion roadshow he recently led to Japan has reinforced a joint commitment to deepen bilateral cooperation and develop a co-creation partnership to lead future investments in electric vehicles (EV), smart electronics and green technologies in particular, that will drive…

Bangkok Post

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Benzinga

Warren Buffett-Backed BYD's Flagship Han EV Sedan Drives Into Brazil: What You Need to Know

Warren Buffett-backed Chinese electric vehicle manufacturer BYD Company Limited (OTC: BYDDF) is deepening its presence in Latin America and the Caribbean.

Benzinga

5 Best And Worst States To Charge Your Electric Car

Electric vehicle sales in America are growing at such a rate that the available charging stations that cradle the emerging sector are lacking in some states.

Newcastle Herald

Council wants Newcastle wired for EV charging

City of Newcastle is poised to make electric vehicle charging infrastructure mandatory in new developments.

Benzinga

GM To Make Electric Chevrolet Corvettes: CNBC

General Motors Co (NYSE:GM) President Mark Reuss said the company will produce an electrified Chevrolet Corvette in 2023, CNBC reported. Reuss did not disclose whether the electrified model would be a traditional or plug-in hybrid electric vehicle. He assured the automaker would continue manufacturing traditional models with internal combustion engines alongside the…

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Bangkok Post

BOI revises measure to boost EV charging stations

The Thailand Board of Investment (BOI) has revised incentives and conditions for investments in electric vehicles (EV) production to enable smaller companies and startups accessibility to BOI benefits.

InsideEVs

Forecast: Li-Ion Battery Market Might Exceed 6 TWh/Year By 2030

The lithium-ion battery market is on a fast track to growth thanks to the ongoing expansion of the electric vehicle market.

Bangkok Post

Pitching a piece of the local EV market

As the global economy transitions to a low-carbon future, green investment in renewable energy and environmentally friendly businesses, including the fast-growing electric vehicle (EV) industry, has become a megatrend that serves to shape markets.

The Guardian - UK

Britain’s Tesla hopes for big things from ‘microfactories’

Electric vehicle maker Arrival is gambling that small sites, a ‘Lego-block’ manufacturing system and lots of robots will bring it success

Benzinga

Why Elon Musk Wishes SpaceX Had More Competition

Tesla, Inc. (NASDAQ: TSLA) CEO Elon Musk has multiple ventures apart from his flagship electric vehicle manufacturing business. Among them is SpaceX, which Musk founded in 2002, with the objective of reducing space transportation costs.

Benzinga

Cathie Wood Trims Tesla Stake By $94M And Buys More Shares Of This Chinese EV Stock

Cathie Wood-led Ark Investment Management booked more profit in Tesla Inc (NASDAQ: TSLA) on Thursday after the electric vehicle maker's stock surged on a record quarterly profit and strong production outlook.

Benzinga

Tesla Is Extending Lead In EV 'Arms Race' But Risks Remain: 4 Analysts React To Record Q1

Electric vehicle giant Tesla Inc (NASDAQ: TSLA) reported record revenue, vehicle deliveries, operating profits and operating margins in the

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