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The Latest Breaking News from electric vehicle

Toyota To Receive $850 Million Subsidy For Next-Gen EV Battery Development

Toyota said that it will use the money to develop the next generation of lithium-ion EV batteries which use bipolar lithium iron phosphate technology and have the potential to offer 20 percent more range in electric vehicles.

InsideEVs

Georgia is becoming a hub for electric vehicle production. Just don't mention climate

Georgia's Republican governor, Brian Kemp, is pledging to make his state the "electric mobility capital" of the country without embracing the climate realities that are helping drive the transition.

WEKU

More New-Car Shoppers “Very Likely” To Consider An EV: Study

The number of new-car shoppers considering purchasing an electric vehicle has increased slightly from last year, with 26 percent of shoppers saying they are “very likely” to consider getting an EV as their next car, up from 24 percent in 2022.

InsideEVs

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Conor Sen: Booming EV market is complicating the GOP's message

It’s still very early days, but if you're wondering how the 2024 presidential campaign might be different from the last matchup between Joe Biden and Donald Trump, one place to start is electric vehicles. Battery-powered cars are one of the biggest economic vulnerabilities that Republicans have in the battleground states…

Tribune News Service

Electric Vehicle Prices Plummet: 14 Percent Drop Compared To Last Year

Tax incentives and Tesla's price war might have contributed to a 14% drop in the average transaction price for new EVs in May 2023.

InsideEVs

How Section 45X Is Revolutionizing Domestic Electric Vehicle Production

Section 45X under the Inflation Reduction Act makes EV manufacturing attractive for OEMs with billions of dollars in incentives.

InsideEVs

How a UK hydrogen car industry could cut fuel costs and carbon emissions

British car company Jaguar Land Rover’s owner, the Indian conglomerate Tata, is expected to finalise a deal soon to build a multi-billion pound electric vehicle (EV) battery plant in the UK.

The Conversation

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AAA: Electric vehicles' range falls when carrying heavy loads

Electric vehicles lose a significant amount of range when loaded with heavy cargo, according to a new AAA study released Tuesday.

Tribune News Service

More rideshare drivers to go electric after $20m grant

Another 500 electric vehicles will be offered on subscription to rideshare drivers in Australia as part of an investment in replacing petrol cars.

The New Daily

Want to Lease an EV? The Tax Credit 'Loophole' for That Could Go Away Soon

If you are deciding whether to lease or buy a car, here's what you need to know about the EV lease tax credit.

Kiplinger

Ford Opens Cologne EV Center, Home Of Europe's Electric Explorer SUV

The Ford Cologne Electric Vehicle Center will build more than 250,000 EVs annually at full capacity.

InsideEVs

Is June the Time to Buy or Hold Ford Motor (F)?

Ford (F) surpassed the consensus revenue and earnings estimates for the first quarter. The company is investing heavily to grow its electric vehicle (EV) business, but it is expected to lose $3 billion from the sales of EVs this year. Given the rising competition within the industry, is it wise…

StockNews.com

Stock Market Today: Stocks Close Higher as Tesla Extends Win Streak

The electric vehicle maker extended its longest daily win streak since early 2021 after announcing a new deal with GM.

Kiplinger

With GM and Ford embracing Tesla's EV charging technology, here's what it means for consumers

Starting next year, owners of electric vehicles made by General Motors and Ford will be able to charge their EVs at many of Tesla’s charging stations, the largest such network in the country

The Independent UK

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The Hindu

Avera signs MoU with NREDCAP for supply of electric vehicles

Vijayawada-based electric vehicle manufacturer Avera has signed a Memorandum of Understanding (MoU) with the New and Renewable Energy Development Corporation of Andhra Pradesh (NREDCAP) to make the vehicle accessible to the government employees, thereby helping the government achieve its goal of ushering in green and sustainable transportation. NREDCAP Vice-Chairman and…

Zenger

Tesla Rival Lucid Eyes Highly Competitive China Market Despite Production Woes On Home Turf

Electric vehicle upstart Lucid Group, Inc could be setting its sights on the highly-competitive Chinese market.

Bangkok Post

Industry federation calls for greater business cooperation with Beijing

The Federation of Thai Industries (FTI) wants to increase Chinese investment in Thailand, especially in the electric vehicle (EV), food and healthcare segments, by advocating more business cooperation with Beijing.

WEKU

GM's electric vehicles will gain access to Tesla's charging network

Also under an agreement between the two companies GM will adopt Tesla's connector, the plug that links an electric vehicle to a charging station. Ford recently made a similar announcement with Tesla.

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The Independent UK

GM CEO Mary Barra to discuss EV charging with Tesla CEO Elon Musk

General Motors CEO Mary Barra and Tesla CEO Elon Musk are scheduled to discuss the future of electric vehicle charging on Twitter Spaces on Thursday afternoon

StockNews.com

2 Auto Stocks to Buy This Week, 1 to Sell

With the adoption of advanced technologies and the rising prominence of Electric Vehicles (EVs), the auto industry is well-positioned for the future. However, given the persistently challenging macroeconomic conditions, it might face some near-term issues. Thus, it could be wise to invest in American Axle & Manufacturing (AXL) and Miller…

InsideEVs

Ford Cutting Wait Times For F-150 Lightning XLT To Three Months

Ford says the high-demand F-150 Lightning XLT model will gain the largest initial production increase at the Rouge Electric Vehicle Center this fall.

Evening Standard

Uber debuts AI smart-charging features for London drivers in sustainability push

Real-time data can tell drivers where and when to charge their electric vehicles, while passengers can find out how much CO2 they have avoided

The Independent UK

Ministers urged to close ‘gulf’ between electric vehicles and charge points

The Times said that industry figures showed that across the UK there were 36 electric cars on the road for every standard public charger last year

InsideEVs

GM Has No Plans To Build All-New Factories For Electric Vehicles

The automaker will convert some existing factories to build only EVs and others to build both electric and gasoline vehicles, GM's top manufacturing exec said.

The Guardian - UK

Uber aims for greener trips and to expand London electric vehicle fleet

New features come to Uber app and firm is funding installation of 700 public charging points in east London

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