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The Latest Breaking News on Ford U.S. EV Sales Decreased 11% In January 2024

4 Auto Stocks with the Highest Growth Potential

After remaining under pressure since last year, the auto industry is expected to rebound this year. To capitalize on this opportunity, one could consider buying auto stocks Hyundai Motor Company (HYMTF), Mazda Motor (MZDAY), Modine Manufacturing Company (MOD), and Hyster-Yale Materials Handling (HY), given their high-growth potential. Read more….

StockNews.com

BYD Earnings Soar In Q4, 2022 But Tesla Archrival Is Feeling The Heat

Investors tuning into BYD earnings will watch auto margins after the end of subsidies and an ensuing EV price war in China.

Investors Business Daily

Tesla's Price War May Lead To Automakers Closing Up Shop In China

Tesla's price cuts in China have made some models 50% cheaper than they are in the States. At this rate, some automakers in the country stand to be destroyed.

InsideEVs

From analysis to the latest developments in health,
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Ford's $3B EV loss shows gas cars are still the profit engine

Gas-powered cars, trucks and SUVs are still paying the bills for automakers as they pile money into electric vehicles.

Axios

Cheapest Tesla Model 3 May No Longer Qualify For US Tax Credit Soon

Currently, most EVs in the US qualify for the credit, but that may change very soon. Tesla reportedly told employees the "base" Model 3 won't remain eligible.

InsideEVs

Tesla EV Tax Credit May Go Away For Its Cheapest Model; TSLA Stock Rebounds

The Tesla EV tax credit, worth $7,500, may be going away for its cheapest vehicle, whose batteries are built in China.

Investors Business Daily

Volkswagen To Become Global EV Battery Supplier, Invest In Mining

Interestingly, just last week VW Group's new CEO Oliver Blume noted that its EV partnership with Ford is "intensifying," and now we have more details about how.

InsideEVs

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Tesla Reached 50-Percent Growth In European Registrations Last Month

Registrations of Tesla EVs in the European Union rose to 19,249 units in February 2023 compared to 12,860 in the same month last year.

InsideEVs

Tesla's Monumental Delivery Wave Makes Its Way To Europe

There isn't enough room at some delivery centers in Europe for Tesla orders to be unloaded and stored, so new owners are taking delivery off the trucks.

InsideEVs

Tsunami Of BEVs Is Already Here: Nearly 40 Models Available

The number of BEV models, available in the United States, nearly doubled from 20 in the 2021 model year to 38 in the 2022 model year.

InsideEVs

Tesla Model 3 Sees Biggest Discount Among All Cars On Used Market

If you're considering an EV but fear you can't afford it, check the used market now. Tesla Model 3 sedans are selling at a huge discount, even with FSD beta.

InsideEVs

Australia's electric vehicle numbers doubled last year. What's the impact of charging them on a power grid under strain?

The number of electric vehicles (EVs) in Australia doubled in 2022 and Tesla’s Model 3 emerged as the best-selling mid-size car, the first time an EV has held this title. Despite these headlines, Australia is off to a slow start with electric vehicles. They accounted for only 3.8% of all…

The Conversation

Tesla Rivals Cutting Prices Amid Major Sales Slump In China

Some say Tesla has started a price war, and now it appears it's hitting the EV maker's rivals in China, the world's biggest auto market and a hot spot for EVs.

InsideEVs

Electric Car Prices Are Coming Very Close To Gas Car Prices

There are many barriers to EV adoption, but the most obvious is affordability. It doesn't matter how much you want an electric car if you can't afford one.

InsideEVs

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InsideEVs

Polestar 3 Officially Goes On Sale In China, Gets $30k Price Cut

The Polestar 3 has officially gone on sale in China with prices starting at 698,000 yuan ($101,350).

InsideEVs

US: All-Electric Car Sales Surged In January 2023 - 7% Market Share

Electrification of cars in the United States significanly accelerated in early 2023, according to the latest reports for the month of January.

InsideEVs

Tesla Prepping Fremont For Huge End-Of-Quarter Delivery Frenzy

It seems Tesla has had record sales over the last few months thanks to big price cuts. How many EVs will it deliver in the quarter as a whole?

Fortune

Elon Musk’s $25,000 car for the masses was just unveiled—by Volkswagen

The entrepreneur, however, is unlikely to be worried that Tesla’s planned lower-cost car will be bested by the affordable ID2—at least not yet.

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StockNews.com

1 Auto Stock to Avoid at All Costs in 2023

NKLA’s shares have declined more than 77% over the past year. The company’s revenue missed analyst estimates in the fourth quarter. Since EV sales are expected to remain under pressure this year due to high inflation and economic challenges, it could be wise to avoid fundamentally weak Nikola (NKLA). Keep…

InsideEVs

Young Car Shoppers Drawn To Legacy Brands Thanks To New EVs

As automakers bring new electric cars to market, young people are taking notice. BMW, Cadillac, Mini, Subaru, and Volvo EVs are getting their attention.

InsideEVs

Here's How Tesla Aims To Cut Manufacturing Costs In Half

Tesla hopes to increase its production numbers even more than it has in the last few years, and ultimately reduce its manufacturing costs in the coming decade.

InsideEVs

Tesla Leads US Luxury Car Sales Yet Again, Per January 2023 Figures

Not long ago, Tesla was still considered a niche automaker and an unprofitable startup. Now, it's selling more cars than BMW, Mercedes, Lexus, and others.

InsideEVs

Europe: Tesla Model Y Outsold All Other Electric Cars In January 2023

The European passenger car market continued its rebound in January, thanks to the growing popularity of SUVs and all-electric cars.

Bangkok Post

BYD launches four EV models in Jordan, eyes further expansion in Middle East

BYD, the world's largest electric-vehicle (EV) maker, has taken the first steps to tap the Middle East market by launching four models in Jordan and forming a partnership with a local dealer.

InsideEVs

Tesla Must Reduce Prices More In China, Says Morgan Stanley

The firm believes that the most recent pricing reductions needed to be more aggressive to have a sizable impact, due mostly to the fact that rivals followed suit and cut prices as well

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