electric vehicle News Updates

BusinessTechnologyFuel

Toyota Will Join Tesla’s EV Charging Network

Owners of Toyota and Lexus electric vehicles in North America will be able to charge on Tesla’s network starting in 2025, and the Japanese automaker also will start using Tesla’s EV connector.

October 19, 2023
BusinessTechnologyFuelAutonomous

Tesla Sets Nov. 30 for Cybertruck Delivery

Tesla Inc. is sticking with its full-year production forecast and promising its new Cybertruck by Nov. 30, even as it reported worse-than-expected earnings last quarter.

October 18, 2023
BusinessEquipmentFuel

GM Delays Electric Pickup Truck Expansion Amid Slower Growth

General Motors Co. will delay the opening of its second electric truck plant in Michigan to preserve capital amid a slowdown in sales growth for electric vehicles.

October 17, 2023
BusinessEquipmentFuel

Tesla Taps European Stainless Steel Producer for Cybertruck

Tesla Inc. is sourcing some stainless steel panels for the exterior of its new Cybertruck from Finnish supplier Outokumpu Oyj, which has worked to accommodate the electric vehicle’s unconventional design, according to people familiar with the matter.

October 11, 2023
BusinessTechnologyEquipment

China’s CATL, BYD Dominate EV Battery Market

Chinese companies are expanding their share of the U.S. and European electric car battery markets thanks to lower prices, cementing their domination of the industry globally.

October 11, 2023
BusinessTechnologyEquipment

The Future of Electric Vehicles Looms Over UAW Strike

WAYNE, Mich. — On the picket lines at a Ford factory west of Detroit, many striking workers don’t think the electric vehicle revolution is coming for their jobs — at least not in the near future.

October 10, 2023
BusinessTechnologyEquipmentFuel

Tesla’s Price Cuts Make It Competitive With Gas-Powered Cars

Tesla Inc.’s top-selling electric vehicles now compete directly with gasoline cars on price after the latest round of price reductions, but that could cost the company $1.2 billion a year.

October 9, 2023
GovernmentBusinessEquipmentFuel

In the Race to Electrification, Buses Are Leading the Pack

All over the world, buses are quickly and quietly going electric.

October 6, 2023
GovernmentBusinessTechnologyEquipment

Eligible EV Buyers Will Get Tax Credits Immediately in 2024

DETROIT — Starting next year, people who want to buy a new or used electric or plug-in hybrid vehicle will be able to get U.S. government income tax credits at the time of purchase.

October 6, 2023
GovernmentBusinessTechnology

Senators Propose EV Fee for Highway Trust Fund

Legislation to ensure electric vehicles contribute to a federal highway funding account was recently introduced in the U.S. Senate.

October 5, 2023