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The Latest Breaking News from electric vehicle

Alibaba, Nio, EV Stocks Buck Broader Slide: What's Weighing On Hong Kong Markets Today

E-commerce giant Alibaba Holding, Inc. (NYSE: BABA) and some major Chinese electric vehicle stocks bucked a broader slide in Hong Kong equities on Wednesday morning amid mostly weak global cues.

Benzinga

US: Toyota Plug-In Cars Sales Collapsed In Q2 2022: Down 58%

In Q2 2022, Toyota's plug-in electric vehicle sales decreased by more than half in the US, despite new models being introduced.

InsideEVs

Forget Tesla, Wall Street Thinks These 2 EV Stocks Could Double

The electric vehicle (EV) industry is expected to grow exponentially this year, thanks to strong consumer demand and favorable government initiatives. However, the EV giant Tesla (TSLA) is currently grappling with supply chain issues and factory shutdowns. And we think EV stocks Xos (XOS) and Lion Electric (LEV) are worth…

StockNews.com

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Here's How Much $100 Invested In Tesla Today Will Be Worth If TSLA Reaches New All-Time High

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) is one of many stocks that have been hit hard in the first half of 2022. Here’s a look at what could be in store for Tesla and how much a $100 investment could be worth if new all-time highs are reached.

Benzinga

Australia plans to supply critical minerals to Indian electric vehicle makers, space and defence programmes

NEW DELHI

The Hindu

EV expos to be held in various divisions across Karnataka

Bengaluru After the first successful Electric Vehicle (EV) expo which was organised in Bengaluru, th

The Hindu

Electric Cars: Commercial And Private Sales Are Even In Europe

Businesses account for a majority of vehicle registrations in Europe, though electric vehicle registrations are an even split with private ownership.

InsideEVs

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Sick of $6 a gallon for gas? The state will give you money to buy an electric car

As gas prices soar, Illinois residents can apply for up to $4,000 in rebates for electric vehicles as part of a new climate-fighting clean energy law.

Chicago Sun-Times

Double Digits: General Motors Is Making Only This Many Hummer EVs Per Day

One of the largest traditional automotive companies has put forth a plan to increase its position in the electric vehicle industry, something that has drawn praise from President Joe Biden.

Benzinga

GM Holds ~95,000 Vehicles Manufactured Without Certain Components - Here's Why

General Motors Co (NYSE:GM) provided a business update for 2Q22 and said its vehicle wholesale volumes were impacted by the timing of certain semiconductor shipments and other supply chain disruptions. The company said it had approximately 95 thousand vehicles in its inventory, manufactured mostly in June, without certain components. GM expects to complete…

Benzinga

Hyundai, VW ID.AERO, Hillclimbs & Cadillac: Top EV News July 1, 2022

With electric vehicles catching on in a big way, there's plenty of news to share on a daily basis. Perhaps these interesting stories missed your feed.

InsideEVs

More Than Half Of UK Drivers Cite Low "Fuel" Cost As Benefit Of EVs

More than half of British drivers say the reduced fuel costs of an electric vehicle (EV) would tempt them to make the switch from petrol or diesel power.

InsideEVs

California Goes Ahead With Lithium Tax Despite Protests From EV Suppliers

California has approved a plan to tax the electric vehicle battery metal lithium to generate revenue for environmental remediation projects, Reuters reports. The tax is structured as a flat-rate per tonne and will go into effect in January. Funds generated from the tax will help restore the Salton Sea region from…

Benzinga

Electric cars: Are they cheaper to run than petrol and diesel models?

Cost of living crisis and rising energy bills placing households under strain and forcing consumers to take closer look at financial viability of green motoring

The Independent UK

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Daily Record

Electric vehicle surge embraced by Ayr United as charging points take off at Somerset Park

The club now has two EV charging points installed outside Somerset Park for public use.

Benzinga

Tesla Tracking Employees With In-Person Attendance Required: Here Are The Details

Electric vehicle company Tesla Inc (NASDAQ: TSLA) announced recently it would require remote workers to return to the office for in-person work. It appeared the company is pretty serious with a new report that stated workers were being tracked and then emailed if they hadn’t returned.

Benzinga

California's Lithium Tax Could Upset GM, Stellantis' EV Ambitions

A proposed flat-rate tax on lithium produced in California's Salton Sea region will shelve the electric vehicle battery metal deliveries to General Motors Company (NYSE: GM) and Stellantis N.V. (NYSE:

Benzinga

Hyundai, Affiliates Plan To Set Up New Company In US: Reuters

Hyundai Motor Co (OTC:HYMTF) is planning to launch a company along with its two affiliates in the U.S., Reuters reported. Through the move, the company plans to strengthen its presence in the U.S. by exploring business opportunities. In May, Hyundai said it would invest more than $10 billion in the U.S. by…

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Benzinga

Europe pushes for all EVs by 2035

A political and economic union in Europe is pushing forward with a plan to ban the sale of new vehicles that run on petrol and diesel by the year 2035. The European Union has five countries that are pushing back against the ban.

Caixin Global

Chinese Electric Vehicle Maker Li Auto to Sell $2 Billion of New Shares

‘At-the-market’ offering in U.S. will raise funds for EV technologies, new-model design and replenishing working capital

Benzinga

Better Tips For Uber Drivers, Consider Getting A Tesla

Ride-share drivers are turning to renting or buying electric vehicles. The move, which was being done to help combat high prices for gas at the pump, is turning into higher tips for some drivers as well.

Reason

Some Countries Are Having Second Thoughts About Electric Car Mandates

The United States should consider adopting a market-based strategy for increasing electric vehicle usage.

Benzinga

Nio Analyst Dismisses Short Seller Allegations: Why They're Bullish On Chinese EV Stock

Shares of Chinese electric vehicle maker Nio Inc - ADR (NYSE: NIO) were falling Wednesday following a new report by short seller Grizzly Research.

Benzinga

Here's Why Volkswagen CEO Thinks Tesla Is Weakening Itself Right Now

The battle for dominance in the electric vehicle market is heating up and Volkswagen AG (OTC: VWAGY) believes it can pass Tesla Inc (NASDAQ: TSLA) in the coming years.

Benzinga

Commercial Vehicle Group Predicts Favorable Impact From New Pricing & Business

Commercial Vehicle Group Inc (NASDAQ:CVGI) said it had finalized the renegotiation of new pricing agreements with several of its customers. The company expects the new pricing, effective July 1, to increase run-rate profits by more than $30 million and increase the cash flow as well. CVGI anticipates 2H22 to immediately benefit from…

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