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The Latest Breaking News from electric vehicle

Methode Electronics Clocks 4% Revenue Decline In Q4 Due To Lower Sales Volumes In Auto Segment

Methode Electronics, Inc (NYSE:MEI) reported a fourth-quarter FY22 net sales decline of 4.1% year-on-year to $288.7 million, missing the consensus of $289.5 million. The decrease was due to lower sales volumes in the Automotive segment due to supply chain constraints and the conflict in Ukraine. EPS of $0.43 missed the consensus of $0.56.…

Benzinga

Tesla Supplier CATL Becomes First Non-Korean Firm To Ship EV Batteries To Kia

Tesla Inc (NASDAQ: TSLA) China supplier CATL has shipped electric vehicle batteries to South Korea’s Kia Corp, a subsidiary of Hyundai Motor Company, Reuters

Benzinga

FTI says country needs to step up EV development

Thailand must speed up its electric vehicle (EV) development to stay ahead of Indonesia if it still wants to become a regional EV production hub, says the Federation of Thai Industries (FTI).

Bangkok Post

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Ford Selects Valencia Plant To Produce EVs

Ford announced today the selection of its plant in Valencia, Spain as the preferred site to assemble EVs based on a next-generation electric vehicle architecture.

InsideEVs

NaaS Partners With State Grid Changzhi Electric Power Supply For EV Charging Stations

NaaS Technology Inc (NASDAQ:NAAS) has signed a partnership agreement with State Grid Changzhi Electric Power Supply Company to build new electric vehicle (EV) charging stations. The move is aimed at enhancing the local charging services in Changzhi, Shanxi Province. Under the agreement, State Grid Changzhi Electric Power Supply Company will provide construction sites…

Benzinga

Electric vehicle batteries have applications beyond the cars that carry them, advocates say

Electric vehicles are increasingly being viewed as sources of power, not just users of it, and Adelaide Hills winemaker James Tilbrook says one of today's options might have helped when he confronted an inferno.

ABC News

Elon Musk Addresses Whether Twitter Deal Would Get Tesla In Trouble In China

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Tuesday he believes there will not be any issues related to running his electric vehicle business in China in case the $44 billion Twitter Inc (NYSE:

Benzinga

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Electric cars 'completely unreachable' for many in Swansea, councillors told

Councillors and officers discuss what actions could help Swansea reach 'net zero' in an at times tetchy meeting

Wales Online

BOI attends EV Forum 2022

Mr. Narit Therdsteerasukdi, Deputy Secretary General of the Thailand Board of Investment (BOI) on 17 June 2022 attended the "EV Forum 2022: Move Forward to New Opportunity" organised by Krungthep Turakij and Thansettakij at the Grand Ballroom, Grand Hyatt Erawan Bangkok. Mr. Supattanapong Punmeechaow, Deputy Prime Minister and Minister of…

Bangkok Post

I don’t want to get stranded! 10 ways to avoid Electric Vehicle range anxiety

Running out of battery is the biggest worry for drivers considering buying an electric car ‒ but how likely is it really?

Evening Standard

Soft loans to grow EV chargers

The government looks set to offer soft loans to small and medium-sized enterprises (SMEs) and startups that want to invest in charging stations for electric vehicles (EV), a move aimed at increasing domestic EV purchases.

Bangkok Post

Texas plans to place charging stations for electric cars every 50 miles on most interstates

With $408 million in federal funds, the state wants to build enough charging stations to support 1 million electric vehicles.

The Texas Tribune

Strong Demand For Rivian's Electic Vehicles, Time To Buy?

Electric vehicle maker Rivian Automotive’s (RIVN) efforts to diversify its consumer and commercial vehicles portfolio have helped it witness substantial demand. But unfortunately, the company faces various challenges, including supply chain hold-ups and rising input costs. Moreover, given that the stock’s negative profit margin could be a deterrent amid recession…

StockNews.com

New Nissan LEAF To Be Driven From Mexico To Canada

Tony Williams will embark on an epic Mexico to Canada journey in his brand new Nissan LEAF starting on June 18th.

InsideEVs

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Bangkok Post

No petrol, no cars: Cubans turn to electric transport

There is a new sight on the streets of Havana: increasing numbers of electric vehicles (EVs) whizzing among the old American cars so emblematic of the Cuban capital.

Evening Standard

The Leader podcast: Train Strikes and London’s Electric Vehicle Future

How can London transform to an all electric vehicle infrastructure?

Benzinga

Cathie Wood Adds Tesla For 7th Time This Month With $3.3M Buy

Cathie Wood-led Ark Invest Investment Management added more Tesla Inc (NASDAQ: TSLA) shares to its portfolio on Thursday, raising its exposure to the electric vehicle maker for the seventh time this month.

Chronicle Live

Newcastle and Durham businesses to benefit from share of £43.7m Government funding

The cash boost supports the development of the latest green auto tech, including electric motorbikes and off-road vehicles

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Daily Record

MSP challenges council on when East Kilbride EV-chargers will be up and running

The new substation was installed early this year costing £160,000 but the units are still covered over and unavailable for use by those with electric vehicles

Benzinga

General Motors An EV Leader? Musk Says That's 'Next Level Insanity' In Rant Against White House, Unions

Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk is once again griping about union involvement in politics and the automotive industry. What Happened: Recall how Tesla was excluded from an electric vehicle (EV) summit held on Aug. 5, 2021 at the White House.

Benzinga

Dead Man Reawakening? Defunct Rise Education Reborn as EV Charging Company

Key Takeaways: Shares of the former Rise Education soared as it completed a reverse takeover merger with the electric vehicle charging business of Newlink The new company, NaaS Technology, provides software to help China’s growing legions of EV owners use the country’s vast charging network more efficiently

StockNews.com

4 Companies That Are Integral Parts of the EV Supply Chain

The Electric Vehicle (EV) industry is expected to register solid growth in the coming years owing to an increased focus on sustainable transportation and favorable government initiatives. Given this backdrop, we think companies that are an integral part of the EV supply chain Albemarle (ALB), Vale S.A. (VALE), Freeport-McMoRan (FCX),…

Daily Record

Soaring diesel and petrol costs 'fuelling switch to EVs'

High forecourt prices are causing a surge of interest in buying electric vehicles, say automotive industry experts.

Benzinga

Tesla Model 3 Tops List Of Most Loved Cars By Customers Globally In New Study

Tesla Inc (NASDAQ: TSLA) ranks first among a list of 50 top-selling cars across the globe that tracks the happiness index of owners, according to Zutobi, a Swedish online driver education firm.

Evening Standard

London must lead electric vehicle charge

Capital tops 10,000 vehicle charge points, but thousands more needed

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