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The Latest Breaking News from electric vehicle

Road user charges loom for hybrid and EV owners

The new transport minister has received recommendations for how to charge hybrid and electric vehicle owners for road usage, but whoever is in government after October 14 will likely decide, reports Jo Moir

Newsroom.co.nz

XPeng EV Sales Returned To Five Digits In July 2023

XPeng global electric vehicle deliveries in July amounted to 11,008 units, which on one hand is a 4.5% decrease year-over-year.

InsideEVs

Ford F-150 Lightning Production Resumes: Annual Run Rate At 150,000

Ford has completed extensive retooling at its Rouge Electric Vehicle Center and this will allow the automaker to make 150,000 Ford F-150 Lightnings per year.

InsideEVs

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Ford Shares Slide As Jefferies Downgrades, Citing Worsening EV Losses

Jefferies analyst downgrades Ford to Hold, lowers price target amid concerns over electric vehicle unit losses.

Zenger

3 Auto Stocks That Investors Should Watch This Month

The auto industry is well-positioned for solid growth driven by the easing of supply chains and inflation, changing consumer preferences, rise in disposable income, and growing adoption of EVs. To that end, it could be wise to add fundamentally strong auto stocks Ford Motor Company (F), General Motors (GM), and…

StockNews.com

Tesla Shares Fall To About 12% Since The Electric Vehicle Maker Reported Its Second-quarter Results

If Tesla continues to move lower on decreasing volume, the stock is likely to print a bullish reversal candlestick.

Zenger

Australian electric vehicle sales in first half of 2023 already higher than all of 2022, report says

Lack of official vehicle efficiency standards blamed for low supplies as demand for electric cars continues to exceed availability

The Guardian - AU

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Electric Cars Are Not “Zero-Emission Vehicles”

The notion that electric vehicles are “zero-emission” is rooted in a deceptive narrative

Zenger

Battery power: how China could take charge of the electric vehicle market

The country’s manufacturers are starting to dominate not just sales charts, but also supply chains for crucial materials

The Guardian - UK

2 Auto Stocks You Should Start Buying, 1 to Sell Immediately

The automotive industry has set up a new trend with the usage of Electric Vehicles (EVs) worldwide. Thus, investing in fundamentally sound stocks Volkswagen AG (VWAGY) and Suzuki Motor Corp. (SZKMY) could be favorable. However, as the macroeconomic backdrop remains arduous, fundamentally weak stock Rivian Automotive (RIVN) could be best…

StockNews.com

European Automakers Forge Partnerships In China To Drive EV Dominance

Volkswagen teams up with XPeng while Audi plans collaboration with SAIC to capture China's booming electric vehicle market

Zenger

Ford expects to bleed $4.5 billion on electric cars this year

Ford earlier projected that its electric vehicle division would lose $3 billion this year.

Fortune

GM reverses its plans to halt Chevy Bolt EV production

WEKU

Looking for a new car? Don’t expect prices to drop just yet

Electric vehicles have seen price cuts, but so far the trend has stayed within that small segment of the market.

Chicago Sun-Times

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WEKU

Big carmakers unite to build a charging network and reassure reluctant EV buyers

A lack of fast chargers for road trips is a major deterrent for would-be electric vehicle purchasers. In response, big automakers are following Tesla's playbook — and teaming up in an unusual way.

The Independent UK

Major automakers unite to build electric vehicle charging network they say will rival Tesla's

Seven major automakers say they’re joining forces to build a North American electric vehicle charging network that would rival Tesla’s and nearly double the number of fast-charging plugs in the U.S. and Canada

Motor1

Ship Carrying 3,000 Mercedes And Other Cars Burns Off Dutch Coast, One Death Reported

The fire allegedly started near an electric vehicle.

The Independent UK

Stellantis profits soar 37% in first half of the year as electric vehicle sales rise

U.S.-European carmaker Stellantis has reported a 37% boost in earnings in the first half of the year

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Zenger

Porsche Taycan 4S Cross Turismo Sets EV Record On Thailand-Singapore Journey

Porsche's electric vehicle completes fastest single trip, adhering to speed limits and utilizing Shell's charging network.

StockNews.com

Rivian Automotive (RIVN) vs. Stellantis (STLA): Which Stock is Revving Up?

Rising demand for electric vehicles and auto parts should bolster long-term growth in the auto industry. While leading auto stocks Rivian Automotive (RIVN) and Stellantis (STLA) stand to benefit from the industry tailwinds, let us explore which of these stocks is the better buy.

The Guardian - AU

A post-servo highway? How electric vehicles are changing the Australian roadscape

EVs are heralding a new kind of driving culture, from friendly chats at charging stations to reshaping where and how long we stop on road trips

Kiplinger

Stock Market Today: Nasdaq Spirals After Disappointing Netflix, Tesla Earnings

While the Nasdaq slumped today, the Dow extended its longest win streak in years on solid Johnson & Johnson earnings.

Newcastle Herald

Newcastle can bid for electric vehicle kerbside charger grants

'It's especially good for Newcastle with people living in units.'

Chicago Sun-Times

London calling? Pritzker gives UK trip update — hints Illinois in ‘final throes’ of electric vehicle deals

In a call with reporters Wednesday, the governor said he is actively pursuing Illinois partnerships with electric vehicle companies and original equipment manufacturers.

StockNews.com

Is Ford Motor (F) a Better Stock Than Tesla (TSLA)?

With the surging popularity of Electric Vehicles (EVs) and the gradual improvement in supply chains, the automotive industry is getting back on track for rapid growth. So, let’s examine automotive stocks, Ford Motor (F) and Tesla (TSLA), to ascertain which could yield better returns amid the improving landscape. Read on….

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