electric vehicle News Updates

GovernmentBusinessTechnologyTCA

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
BusinessTechnology

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
BusinessTechnologyLogistics

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
BusinessTechnology

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
BusinessTechnology

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
BusinessTechnology

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
BusinessTechnology

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
BusinessTechnologySafetyAutonomous

CEO Elon Musk Makes Self-Driving Technology Tesla鈥檚 Costly New Calling

Tesla Inc.鈥檚 calling used to be bringing affordable electric cars to the masses. Elon Musk is now ripping up the script, vowing to pair self-driving technology with a sharing service that will make it crazy for consumers to buy other cars.

April 23, 2019
BusinessTechnology

Toyota Sees Electric Cars 鈥楧own the Road,鈥 but Future is Now for VW

Toyota Motor Corp. may have kicked off the green-car movement with its Prius hybrid more than 20 years ago, but the company is not nearly as bullish as rivals about the American consumer embracing EVs.

April 17, 2019
BusinessTechnology

Tesla鈥檚 Elon Musk Blames Panasonic Battery Lines for Low Model 3 Output

Tesla Inc. CEO Elon Musk said Panasonic Corp. cell lines at the electric-car maker鈥檚 Nevada battery factory have been holding up production of its Model 3 sedans.

April 15, 2019