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The Latest Breaking News from electric vehicle

Mullen Buys Bankrupt ELMS And Its Indiana Plant For $240 Million

The former ELMS plant in Indiana that once made Hummer H2 trucks will provide Mullen with the capability to produce up to 50,000 electric vehicles per year.

InsideEVs

BMW investing $1.7B in S Carolina as automaker shifts to EVs

BMW will invest $1 billion in its sprawling factory near Spartanburg, South Carolina, to start building electric vehicles and an additional $700 million to build a electric-battery plant nearby

The Independent UK

Rising Inflation Keeps Pushing This EV Stock Further off the Road

Electric Vehicle (EV) maker Lucid Group (LCID) failed to translate its top-line growth to bottom-line improvement in the second quarter of fiscal 2022. While the company mentioned strong demand for its offerings, chip shortage, material price inflation, and supply chain challenges might weigh on its growth prospects. Shares of LCID…

StockNews.com

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More Aussies considering electric vehicles

Australians have been slow to switch to electric vehicles but more than half the people in a NRMA survey say they will consider taking the plunge next time.

AAP

EA rolls out EV mini truck

SET-listed Energy Absolute (EA), a renewable energy and electric vehicle (EV) developer and operator, has launched an electric mini truck as the company continues to expand its business in the commercial EV category.

Bangkok Post

This European Country Wants To Hit 1 Million EVs By 2027: Could Tesla Benefit?

While leading traditional automakers have their sights set on producing more than one million electric vehicles per year, they are still playing catch up to market leader Tesla Inc (NASDAQ: TSLA).

Benzinga

There’s lithium in them thar hills – but fears grow over US ‘white gold’ boom

The treasured mineral is critical for electric vehicles and could help slow global heating, but locals worry about the harmful extraction near tribal land

The Guardian - US

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Electric vehicles take center stage at pared-back Paris show

The Paris auto show is back

The Independent UK

Electric vehicles are still too expensive for some budgets, but are they worth it in the long run?

When Robyn Everist saw the petrol prices skyrocketing, she knew it was time to put a long-laid plan to purchase an electrical vehicle into action. Is an EV the way to go for you, too?

ABC News

Tax the rich for more EVs? California Democrats split

A California ballot measure that would tax the rich to pay for electric vehicle programs has divided Democrats

The Independent UK

'I'm Kind Of Excited To See What Elon Will Do,' Says Cathie Wood About Supporting Musk's Twitter Purchase

Ark Invest has been a big investor in electric vehicle leader Tesla Inc (NASDAQ: TSLA) and its CEO Elon Musk. The founder of Ark Invest shared thoughts on another company Musk could soon be leading.

Benzinga

Tesla Buyback Chatter Grows Louder Amid Stock Weakness, Lucid Weathers Supply Constraints In Q3, Nikola's Trevor Milton Convicted Of Fraud And More: The Week's Biggest EV Stories

Electric vehicle stocks came under selling pressure in the week ended Oct. 15, dragged by the broader market weakness. Market leader Tesla Inc.

Benzinga

BMW to axe UK production of electric Mini and relocate to China

Cowley factory on outskirts of Oxford not up to challenge of creating electric vehicles, says Mini boss

The Guardian - UK

Sony Honda Mobility Teases Its First EV Ahead Of CES 2023 Debut

Likely a preview of the company's first electric vehicle, the teaser video shows glimpses of a car's hood and rear lower door areas.

InsideEVs

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Tribune News Service

Expect more EV charging stations as states tap into federal dollars

When Colorado Department of Transportation officials recently learned that their plan to expand a network of electric vehicle charging stations across the state had gotten federal approval, it was welcome news.

The Independent UK

One in seven drivers plans switch to electric vehicle, survey finds

But the RAC said the cost of living is delaying many people from making the change.

The Guardian - UK

Inflation and soaring bills putting brakes on switch to electric vehicles in UK

RAC says one in seven drivers want EV as next car and one in three want hybrid model but cost of living crisis is delaying move

Benzinga

Nio Vs. Tesla: Nio CEO Says Tesla 'Will Quickly Be Pushed Out Of The Market,' Calls Out Elon Musk's Dance Moves

Chinese electric vehicle company Nio Inc - ADR (NYSE: NIO) is ramping up international expansion and has its eyes set on the U.S. market.

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RideApart

Honda And LG Announce Plan To Build $3.5 Billion EV Battery Plant In Ohio

Honda and LG announced that they'll be building a new plant in Ohio that will specifically be dedicated to manufacturing electric vehicle batteries.

The Guardian - AU

Electric vehicles just 3.39% of new Australian car sales despite sharp increase, report says

EV Council figures show uptake lags behind other countries with carmakers opting to send stock to faster-growing markets

Zenger

A Hotel For Electric Vehicle Owners Is A New Concept From This Automaker

Electric vehicle adoption has increased steadily in the US and other parts of the world as a transition to clean energy continues

The Guardian - US

California wants everyone to drive EVs. How will low-income people afford them?

The state has several programs in place to assist residents – but they’re already running out of funds

AAP

Australia-India trade deal 'significant'

Critical mineral exports could rise under Australia's coming trade deal with India, which has ambitions to become an electric vehicle manufacturing powerhouse.

Benzinga

Here's How Many Vehicles Lucid Group Produced, Delivered In Q3 — And How It Stacks Up To Rival EV Makers

Electric vehicle company Lucid Group Inc (NASDAQ: LCID) reported third-quarter production and delivery figures Wednesday morning. Here’s how the numbers stack up to guidance and rivals.

InsideEVs

FLO Installs 100th Curbside EV Charger In New York City

FLO installed its first electric vehicle curbside charging station in New York City in June 2021. This summer, the company installed its 100th charger.

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