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The Latest Breaking News from electric vehicle

Tesla's stock lost over $700 billion in value. Elon Musk's Twitter deal didn't help

The transformational automaker's market cap has dropped by a staggering amount over the past year. Blame new competition, sales that fell short of a lofty target — and a distracted CEO.

WEKU

CES 2023: Stellantis preps cost cuts due to higher EV prices

Stellantis CEO Carlos Tavares says his company has to work to cut costs globally in order to keep electric vehicles affordable for the middle class

The Independent UK

3 EV Stocks to Avoid in 2023

Although the electric vehicle (EV) industry is witnessing robust demand, the lack of charging infrastructure and high costs are restricting its growth. So, we think fundamentally weak EV stocks Li Auto (LI), XPeng (XPEV), and Mullen Automotive (MULN) might be best avoided, liquidated, or sold short now. Keep reading….

StockNews.com

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Mercedes to build its own electric vehicle charging network

Mercedes-Benz will build its own worldwide electric vehicle charging network starting in North America in a bid to compete with EV sales leader Tesla

The Independent UK

A 100% EV Future is a Pipe Dream. What’s It Mean for TSLA and RIVN?

A look at how electric vehicle sales may not manifest, and what this means for EV companies like TSLA and RIVN.

StockNews.com

MULN vs. GM: Which Is the Better EV Buy?

The Electric Vehicle industry is expected to thrive amid overwhelming demand and sustainability initiatives worldwide in the coming years. Quality EV stocks Mullen Automotive (MULN) and General Motors (GM) are expected to benefit substantially. But which is the better EV stock to buy? Let’s find out….

StockNews.com

Sony And Honda Name Their New EV Car Brand Afeela, Show Prototype

The new brand will sell electric vehicles in the US starting in 2025.

InsideEVs

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Maserati Considers Reducing Its EVs' Charging Speed To Lower Weight, Cost

The automaker's head of electrification argues that fast charging capability adds unnecessary weight that dulls handling and performance.

InsideEVs

Rivian Set Record EV Production And Deliveries In Q4 2022

Rivian once again has improved its quarterly electric vehicle production and deliveries, achieving new record levels during the fourth quarter of 2022.

InsideEVs

Canoo Sues Former Employees For Stealing Secrets For Rival Company

Canoo has come forward to accuse many former employees of reportedly stealing trade secrets as they worked to start a competing electric vehicle company.

InsideEVs

North Lanarkshire announces tariffs for electric vehicle charging

Drivers will pay to use the area's public network from January 4

Daily Record

Malaysia looks to China to grow EV sector

KUALA LUMPUR: Malaysia aims to draw greater investment from Chinese companies to develop its electric vehicle (EV) sector to build up the infrastructure to enable wider adoption of EVs, a Malaysian official said.

Bangkok Post

Chinese automakers launch into Australia with lower-cost EVs as local uptake is about to accelerate

China has become the world's largest electric vehicle manufacturer, with some of its models are coming to Australia in the new year, bringing a more-attractive price tag for Australian consumers.

ABC News

High momentum of EV growth

Thailand's electric vehicle (EV) market will continue to gain momentum in 2023, with sales expected to reach between 25,000 and 35,000 units, says the Federation of Thai Industries (FTI).

Bangkok Post

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InsideEVs

Will Electric Vehicles Crash The Grid?

We examine if the electricity grid will be able to handle the extra demand for millions of electric vehicles by interviewing two industry experts.

Reason

Good Luck Qualifying for New Tax Credits on Electric Cars

The Inflation Reduction Act extended tax credits for buying electric vehicles, but the requirements will put them out of reach for most customers.

InsideEVs

All The Electric Vehicles Coming To US Dealers In 2023

Listen to the panel discuss all the electric vehicles coming to US dealers in 2023, along with our experiences driving and testing different EVs this week.

WEKU

2022 was a big year for EV battery plants in the U.S. How big? $73 billion big

As the auto industry goes electric, there have been so many massive battery projects announced that it can be hard to keep track of them all. So we added them up for you.

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Nottingham Post

Electric car charging law to change from today

The new rules relate to home charging poitns

Tribune News Service

New EV tax credits OK for leased vehicles, fed guidance says

WASHINGTON— Leased vehicles will likely be able to qualify for new commercial electric vehicle tax credits without meeting stringent mineral and battery requirements or being built in North America, according to U.S. Treasury Department guidance released Thursday.

The Independent UK

EXPLAINER: 2023 tax credits for EVs will boost their appeal

Starting Jan. 1, many Americans will qualify for a tax credit of up to $7,500 for buying an electric vehicle

Reason

Free Market Think Tank Names Georgia Electric Vehicle Plant the 'Worst Economic Development Deal of 2022'

Rivian, an electric truck manufacturer that hopes to compete with Tesla, received a lucrative deal to build a new factory in Georgia despite concerns about its finances.

StockNews.com

1 Auto Stock to Watch Closely Next Year

Since the electric vehicle (EV) market is growing rapidly, quality stock General Motors (GM) should benefit, as the company is well-positioned to capitalize on its expanding EV portfolio. Therefore, this auto stock might be the one to watch closely next year. Read on….

ABC News

Calls for government support to prevent lithium battery, renewable energy startups leaving Australia

Australian startups are being lured overseas to capitalise on the booming electric vehicle market and are calling on the federal government to match other countries that are spending big to manufacture batteries domestically.

WEKU

Union wins made big news this year. Here are 5 reasons why it's not the full story

Starbucks stores from coast to coast. An electric vehicle battery plant. The first Amazon warehouse in the U.S. All kinds of workplaces unionized in 2022, but winning elections is only the first step.

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