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The Latest Breaking News from electric vehicle

North East well placed to lead batteries charge but investment in skills required, say industry experts

This week sees the start of oral evidence in a parliamentary inquiry into what is holding UK electric vehicle production back

Birmingham Post

Excise requests extra B3bn for EV subsidy

The Excise Department plans to ask for an additional government budget of 3 billion baht to subsidise the use of electric vehicles (EVs) in the state EV subsidy scheme, in line with the rising sales volume, says deputy director-general Kriengkrai Pattanaporn.

Bangkok Post

Warren Buffett wary of investing in electric vehicle makers in U.S., says auto industry is ‘just too tough’

"The electric vehicle is coming big time [but] it's imposing huge capital costs and huge risks,” said Buffett’s right-hand man Charlie Munger.

Fortune

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read the most diverse news in one place.

I’m glad you’ve bought an electric vehicle. But your conscience isn’t clean

First, you’ve got to drive a long way before you overcome your EV’s embedded carbon debt. And then there’s the trouble with the minerals in its battery…

The Guardian - UK

China’s Hozon to make EVs in Thailand

Hozon New Energy Automobile Co of China is preparing to start production in Thailand, becoming the latest electric vehicle maker to begin building a supply chain in the region’s top auto-manufacturing hub.

Bangkok Post

The 2 Best Automotive Stocks to Buy in May

On the backs of growing demand for Electric Vehicles (EVs), the automobile sector is poised to thrive in the foreseeable future. Therefore, automotive stocks Daimler Truck Holding (DTRUY) and REV Group (REVG), with strong fundamentals, could be wise portfolio additions in May. Read on to find more….

StockNews.com

Council could face £55m bill to replace fleet of 1,000 vans and lorries with electric vehicles

Councillors were told that electric vans cost on average £9,000 more petrol or diesel ones but that powering them was cheaper

Wales Online

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Calif. could use EVs to stop blackouts

The state might require every electric vehicle to be capable of powering your home — and the grid

Salon

The Electric Vehicle Revolution Could Hurt Low-Income Neighborhoods

A new study found that electric vehicle adoption could bring worse air quality to low-income neighborhoods.

Inverse

Act Now: Sell These 3 EV Stocks Before It's Too Late

As investors fret over a potential recession and falling car sales, it could be wise to steer clear of some of the fundamentally weak Electric Vehicle (EV) stocks XPeng (XPEV), Canoo Inc. (GOEV), and Faraday Future Intelligent Electric (FFIE) before things get much uglier. Read more….

StockNews.com

BoI woos Chinese EV battery giant

Thai authorities are in talks with China-based CATL, the world’s biggest electric vehicle battery maker, and others to build production facilities in the country to fuel its EV production hub ambitions, according to the head of the Board of Investment (BoI).

Bangkok Post

My advice to Toyota? Build electric vehicles and Australians will buy them

It’s strange that a company with a reputation for innovation, customer satisfaction and continual improvement is dragging its feet on electrification

The Guardian - AU

2023 Toyota bZ4X: Competitive Pricing, But So-So EPA Range

Continuing our overview of the all-electric vehicles available in the United States, today we will take a look at the 2023 Toyota bZ4X.

InsideEVs

Toyota says it’s too early for electric car transition

Australia's top-selling car maker says it is too early for electric vehicles to replace all cars, arguing some motorists could be left behind in the move.

The New Daily

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InsideEVs

NIO Electric Car Sales Increased In April 2023 By 31%

NIO once again increased its global electric vehicle deliveries in April. Last month, the Chinese premium EV start-up delivered 6,658 cars (up 31%).

Barchart

Rivian Automotive Struggles to Compete in Electric Vehicle Market

Shares of Rivian Automotive (RIVN ) have lost 93% of their value since their initial public offering in 2021. The company’s market capitalization has fallen to less than $12 billion today from $150 billion realized after its public trading debut in 2021. Rivian Automotive is struggling to compete in a...

InsideEVs

2023 Volkswagen ID.4: EPA Range And Price Overview

In 2023, the Volkswagen ID.4 happens to be one of the most interesting all-electric crossover/SUV model on the market in the United States.

ABC News

Cottage industry emerges for mechanics as classic car owners convert petrol vehicles to electric

As the take-up of electric vehicles continues to gather pace, so too has a cottage industry for mechanics converting traditional petrol and diesel-powered cars into EVs.

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Daily Record

Food chain giants Burger King and Starbucks lined up for proposed Perth development

The latest plans submitted to Perth and Kinross Council also include business units and an electric vehicle charging hub at Broxden

Reuters

Canada's Trudeau suggests China uses slave labor in lithium production

Canadian Prime Minister Justin Trudeau on Friday suggested that China uses slave labor in the production of lithium as he discussed Canada's efforts to ramp up production of the critical metal used in electric vehicle and other batteries.

InsideEVs

Top Electric Car OEMs By Sales In Q1 2023: Tesla Ahead Of BYD, But Where Is VW?

During the first quarter of 2023, Tesla strengthened as the world's largest player in the battery electric vehicle (BEV) segment.

Insider UK

Electric vehicle top-up stations: an opportunity to charge

As the drive to double the size of Scotland’s charging network becomes more pressing, landowners stand to benefit

Reuters

Chile's lithium takeover plan faces technical, political challenges

While Chile's plan to take control of its lithium industry has caused global shockwaves, state-led production of the metal used to make electric vehicle batteries is seen by analysts as likely years away given technical and political challenges.

ABC News

Electric vehicle manufacturers push for fuel efficiency standards to increase uptake of cars, hit net zero by 2050

Car manufacturers say Australia needs to urgently adopt fuel efficiency standards in line with other countries to help promote the uptake of electric vehicles, warning it will otherwise be unable to reach net zero emissions by 2050.

Bangkok Post

MGC-Asia bullish on revenue outlook

Car dealer Millennium Group Corporation (MGC-Asia) is aiming for double-digit growth in revenue this year thanks to a significant recovery in the automotive industry, with plans to invest more in the electric vehicle (EV) segment.

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