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The Latest Breaking News from electric vehicle

Ford projects a $3B loss from its EV division in 2023

Ford is trying to break into the EV market and capture market share from competitors like Tesla and General Motors.

Fortune

Ford's $3B EV loss shows gas cars are still the profit engine

Gas-powered cars, trucks and SUVs are still paying the bills for automakers as they pile money into electric vehicles.

Axios

Ford reveals EV losses as it rolls out new financial reporting

Ford Motor Co. is set to lose $3 billion on its electric vehicle business this year — but it expects losses to reverse in the coming years as volumes of plug-in vehicles grow.

Tribune News Service

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Hackney wants to have the most electric vehicle charging points in the country

It is hoped that an increase in the availability of charging points will cut pollution and decarbonise transport

Evening Standard

Ford says EV unit losing billions, should be seen as startup

Ford’s electric vehicle business has lost $3 billion before taxes during the past two years and will lose a similar amount this year as the company invests heavily in the new technology

The Independent UK

County to install 10,000 chargers by 2030 in big boost for electric vehicle network

Surrey looking to lead the way after concerns that growth in the charging network is failing to keep up with demand for EVs

Wales Online

Boost for electric vehicle network as county to install 10,000 chargers by 2030

Surrey County Council and charge point provider Connected Kerb intend to install the new chargers.

The Independent UK

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Lithium Prices Nosedive Amid Weaker Demand

Key material for EV batteries drops by half since November as end to China’s subsidies slams demand for electric vehicles

Caixin Global

Hyundai Motor Group Presents Automatic Charging Robot For EVs

Hyundai Motor Group presents its newly developed automatic charging robot (ACR) for electric vehicles, which is expected to support humans in the near future.

InsideEVs

7-Eleven Launches New Electric Vehicle Charging Network 7Charge

7-Eleven launches its new electric vehicle charging network 7Charge in four states with CHAdeMO and Combined Charging System (CCS) plug-in options.

RideApart

The end of thermal cars: why electric vehicles aren’t a silver bullet

On 8 June 2022, the European Parliament voted to ban the sale of new internal-combustion engine cars in Europe in 2035. This measure is part of European objectives to reduce greenhouse gas (GHG) emissions by 55% by 2030 and be carbon neutral by 2050.

The Conversation

Electric car-charging fees rise as energy prices bite

A third electric vehicle charging network is raising the price of recharging cars but experts say there are still ways for savvy drivers to avoid them.

AAP

VinFast Says Three Executives Have Left The Company

Vietnamese electric vehicle company VinFast has lost three of its sales executives, marking another potential setback for the EV startup that’s trying to ramp up deliveries to the United States – its first overseas market.

InsideEVs

Australia's electric vehicle numbers doubled last year. What's the impact of charging them on a power grid under strain?

The number of electric vehicles (EVs) in Australia doubled in 2022 and Tesla’s Model 3 emerged as the best-selling mid-size car, the first time an EV has held this title. Despite these headlines, Australia is off to a slow start with electric vehicles. They accounted for only 3.8% of all…

The Conversation

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Daily Record

Massive £5.4 million electric vehicle charging network unveiled in major expansion of Ayrshire sites

East Ayrshire councillors will be asked to consider new charging points across the authority as part of an Ayrshire-wide programme.

Wales Online

EV owners could save £1,000 under new smart charging plan

Drivers could even make a profit, according to experts

InsideEVs

China: Tesla Increased Retail EV Sales And Exports In February 2023

Tesla continues to expand its electric vehicle business in China, increasing both local car sales and export of Made-in-China (MIC) Model 3/Model Y.

Tribune News Service

Auto review: The 2023 Lexus RZ 450e is good, but is it good enough?

Naysayers have criticized Toyota and Lexus for not getting into the electric vehicle space as quickly as some of its rivals. Yes, EV market share in the U.S. nearly doubled last year to 5.6 percent from 3.1 percent. But that still leaves nearly 95% of U.S. consumers choosing cars powered…

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AAP

Australia could become 'superpower' in electric cars

Australia has the potential to become a 'global superpower' in the electric car industry and could make vehicles again, an event has heard.

The Independent UK

Oregon halts electric vehicle rebates due to demand, money

Oregon will temporarily suspend rebates for buying or leasing an electric vehicle for a year starting in May

Bangkok Post

Incentives to spur EV sales

Thailand will remain the largest electric vehicle market in Southeast Asia going forward as prospects of consumer-focused incentives will supplement existing incentives for automakers to produce EVs locally.

The New Daily

Drivers face shocking fines for ‘ICEing’ electric cars

Motorists face fines of up to $3200 for parking in electric vehicle charging spots after law changes in four states and territories.

AAP

Drivers face shocking fines for 'ICEing' electric cars

Australian motorists face fines of up to $3200 for parking in electric vehicle charging spots after changes to laws in four states and territories.

InsideEVs

Ford F-150 Lightning Production Restarted Today

After several weeks of shut down, the Rouge Electric Vehicle Center resumed production of the all-electric Ford F-150 Lightning pickup on March 13, 2023.

The Independent UK

Volkswagen to build electric vehicle battery plant in Canada

Volkswagen says it plans to build an electric vehicle battery plant in Canada

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