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The Latest Breaking News from electric vehicle

What Happens if Your EV Company Implodes? That’s the Mullen (MULN) Dilemma

While electric vehicles were once all the rage, Mullen Automotive demonstrated why both investors and consumers need to be careful about nascent industries.

Barchart

US: Ford BEV Sales In July 2023 Amounted To 6,280 Units

In July, Ford battery electric vehicles (BEV) sales amounted to 6,280 units, which is 18% less than a year ago and about 3.8% of the brand's total volume.

InsideEVs

Is Elon Musk Doing More Harm To Tesla Than Good With Price Cuts?

The electric vehicle pioneer made a series of price cuts early this year, sparking concerns about margins.

Zenger

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It’s Time To Criticize MPGe, Again

MPGe may be a useful metric for calculating an EV’s efficiency against an internal combustion engine car, but comparing the power consumption amongst EV models is hazier.

InsideEVs

NIO’s ES6 EV Surges, Echoes Tesla’s Model 3 Success

Chinese electric vehicle maker NIO reports record-breaking deliveries with the ES6 model leading the way.

Zenger

Road user charges loom for hybrid and EV owners

The new transport minister has received recommendations for how to charge hybrid and electric vehicle owners for road usage, but whoever is in government after October 14 will likely decide, reports Jo Moir

Newsroom.co.nz

XPeng EV Sales Returned To Five Digits In July 2023

XPeng global electric vehicle deliveries in July amounted to 11,008 units, which on one hand is a 4.5% decrease year-over-year.

InsideEVs

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Ford F-150 Lightning Production Resumes: Annual Run Rate At 150,000

Ford has completed extensive retooling at its Rouge Electric Vehicle Center and this will allow the automaker to make 150,000 Ford F-150 Lightnings per year.

InsideEVs

Ford Shares Slide As Jefferies Downgrades, Citing Worsening EV Losses

Jefferies analyst downgrades Ford to Hold, lowers price target amid concerns over electric vehicle unit losses.

Zenger

3 Auto Stocks That Investors Should Watch This Month

The auto industry is well-positioned for solid growth driven by the easing of supply chains and inflation, changing consumer preferences, rise in disposable income, and growing adoption of EVs. To that end, it could be wise to add fundamentally strong auto stocks Ford Motor Company (F), General Motors (GM), and…

StockNews.com

Tesla Shares Fall To About 12% Since The Electric Vehicle Maker Reported Its Second-quarter Results

If Tesla continues to move lower on decreasing volume, the stock is likely to print a bullish reversal candlestick.

Zenger

Australian electric vehicle sales in first half of 2023 already higher than all of 2022, report says

Lack of official vehicle efficiency standards blamed for low supplies as demand for electric cars continues to exceed availability

The Guardian - AU

Electric Cars Are Not “Zero-Emission Vehicles”

The notion that electric vehicles are “zero-emission” is rooted in a deceptive narrative

Zenger

Battery power: how China could take charge of the electric vehicle market

The country’s manufacturers are starting to dominate not just sales charts, but also supply chains for crucial materials

The Guardian - UK

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StockNews.com

2 Auto Stocks You Should Start Buying, 1 to Sell Immediately

The automotive industry has set up a new trend with the usage of Electric Vehicles (EVs) worldwide. Thus, investing in fundamentally sound stocks Volkswagen AG (VWAGY) and Suzuki Motor Corp. (SZKMY) could be favorable. However, as the macroeconomic backdrop remains arduous, fundamentally weak stock Rivian Automotive (RIVN) could be best…

Zenger

European Automakers Forge Partnerships In China To Drive EV Dominance

Volkswagen teams up with XPeng while Audi plans collaboration with SAIC to capture China's booming electric vehicle market

Fortune

Ford expects to bleed $4.5 billion on electric cars this year

Ford earlier projected that its electric vehicle division would lose $3 billion this year.

WEKU

GM reverses its plans to halt Chevy Bolt EV production

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Chicago Sun-Times

Looking for a new car? Don’t expect prices to drop just yet

Electric vehicles have seen price cuts, but so far the trend has stayed within that small segment of the market.

WEKU

Big carmakers unite to build a charging network and reassure reluctant EV buyers

A lack of fast chargers for road trips is a major deterrent for would-be electric vehicle purchasers. In response, big automakers are following Tesla's playbook — and teaming up in an unusual way.

The Independent UK

Major automakers unite to build electric vehicle charging network they say will rival Tesla's

Seven major automakers say they’re joining forces to build a North American electric vehicle charging network that would rival Tesla’s and nearly double the number of fast-charging plugs in the U.S. and Canada

Motor1

Ship Carrying 3,000 Mercedes And Other Cars Burns Off Dutch Coast, One Death Reported

The fire allegedly started near an electric vehicle.

The Independent UK

Stellantis profits soar 37% in first half of the year as electric vehicle sales rise

U.S.-European carmaker Stellantis has reported a 37% boost in earnings in the first half of the year

Zenger

Porsche Taycan 4S Cross Turismo Sets EV Record On Thailand-Singapore Journey

Porsche's electric vehicle completes fastest single trip, adhering to speed limits and utilizing Shell's charging network.

StockNews.com

Rivian Automotive (RIVN) vs. Stellantis (STLA): Which Stock is Revving Up?

Rising demand for electric vehicles and auto parts should bolster long-term growth in the auto industry. While leading auto stocks Rivian Automotive (RIVN) and Stellantis (STLA) stand to benefit from the industry tailwinds, let us explore which of these stocks is the better buy.

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