electric vehicle News Updates

Business, Technology

GM鈥檚 Mark Reuss: Electric Cars Will Be Average Cost 鈥 and Profitable

General Motors Co. is making a big claim about its future electric cars: The automaker will be able to sell them at 鈥渧ery average transaction prices鈥 and be profitable, GM President Mark Reuss said in a presentation June 5.

June 5, 2019
Government, Technology, Autonomous, TCA

Texas, Other States Look to Boost Fees on EVs to Fund Highway Maintenance

Texas is considering whether to impose additional registration fees on electric and hybrid vehicles, following nearly half the states that assess higher fees on battery-powered vehicles to compensate for lost gasoline taxes used to maintain roads and highways.

May 24, 2019
Business, Technology

VW鈥檚 ID.3 Seen as Direct Challenge to Tesla鈥檚 Supremacy in Electric Market

Volkswagen AG is about to find out whether consumers will back its 30 billion-euro strategy to topple Tesla Inc. as the electric-car leader. The German auto giant is taking 1,000-euro deposits to secure one of the first in a new range of battery-powered models.

May 8, 2019
Government, Business, Technology, TCA

Bill Aims to Boost Electric-Car Battery Mineral Production

A group of U.S. senators is introducing legislation to boost domestic production of 鈥渃ritical minerals鈥 that are often imported from China to make electric car batteries.

May 6, 2019
Business, Technology

Electric Cars, Solar Compete for Same Parts

Electric vehicles and solar tend to get lumped together as partners in the climate-friendly push to phase out fossil fuels. Now they鈥檙e competing head-to-head for high-tech components that have been in short supply.

May 3, 2019
Business, Technology, Logistics

Tesla CEO Elon Musk Correctly Called European Slump for April

Tesla Inc.鈥檚 deliveries in key European markets slumped in April after booming the previous month, lending credence to CEO Elon Musk鈥檚 prediction for 鈥渓umpy鈥 results.

May 3, 2019
Business, Technology

VW Creates Buzz Before EV Launch

Volkswagen AG is seeking to create buzz months before deliveries start for its first ID. electric car, following the footsteps of Tesla Inc.鈥檚 Elon Musk, whose promotion of the Model 3 generated reservation lines around the block.

May 2, 2019
Business, Technology

Tesla to Raise $2 Billion to Counter Cash Drain

Tesla Inc. plans to raise about $2 billion through debt and stock offerings, after CEO Elon Musk overestimated the ability of the Model 3 sedan to generate enough cash for the company to be self-sustaining.

May 2, 2019
Business, Technology

Tesla Reintroduces Lower-Priced Model S After Deliveries Drop

After a record decline in vehicle deliveries in the first quarter, Tesla Inc. is introducing lower-priced versions of several models, effectively offering consumers a discount.

April 24, 2019
Business, Technology

Ford Partnership With EV Manufacturer Rivian Includes $500 Million Funding

Ford Motor Co. will invest $500 million in Rivian Automotive Inc., aligning the maker of the industry-leading F-Series pickup line with an upstart that鈥檚 electrifying gas-guzzling trucks and SUVs

April 24, 2019