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The Latest Breaking News from electric vehicle

Electric vehicles look poised for slower sales growth this year

Every year, BloombergNEF’s team of analysts pauses to reflect on what’s happened in our industry and make some predictions on what might be in store next. Each year presents its own challenges, and 2023 is no exception, with economic uncertainty riding high, geopolitical tensions rising and the policy landscape shifting.

Tribune News Service

Volkswagen, Sony/Honda EV, Benz And Charging: Top EV News Jan 13, 2023

VW is reaching EV delivery milestones and the Sony/Honda EV is coming, but we are facing a charging infrastructure shortage. Perhaps Mercedes can help.

InsideEVs

EV maker BYD expanding in Vietnam

HANOI: The Chinese electric vehicle (EV) maker BYD Auto Co is reportedly planning to build a plant in Vietnam to produce car parts, which would complement an EV production plant scheduled to open next year in Thailand.

Bangkok Post

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Tesla slashes prices on new electric vehicle models in the U.S.

The cuts add to the worries of a demand slowdown for Tesla at a time when investors are casting doubt on Musk’s leadership abilities.

Axios

Indonesia says talks with Tesla continuing

JAKARTA: Negotiations between Indonesia and Tesla are continuing, a senior minister said on Thursday, following a report that the US electric vehicle maker is nearing a preliminary deal to build production facilities with a capacity of one million units in the country.

Bangkok Post

China's 2022 auto sales rise 9.5% but growth weakening

An industry group says China’s auto sales rose 9.5% in 2022 as electric vehicle purchases nearly doubled, but demand slumped in December, foreshadowing weaker growth this year

The Independent UK

Federal safety watchdog concerned about EV weight, size in crashes

WASHINGTON — The chair of the National Transportation Safety Board said Wednesday that she's concerned about the safety risks of heavy electric vehicles.

Tribune News Service

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Investors mock Elon Musk's bid to move Tesla buyout trial

Lawyers for Tesla shareholders suing the electric vehicle maker’s CEO Elon Musk over a misleading tweet are urging a federal judge to reject the billionaire’s request to move an upcoming trial to Texas from California

The Independent UK

1 Stock You Shouldn't Buy Despite Its Cheap Price

Electric vehicle company Mullen Automotive (MULN) has witnessed a massive decline in share price over the past year. Let’s take a closer look at why the loss of value should not be confused with deep value in this case. Continue reading….

StockNews.com

Driving electric car can save $800 a year

Nine out of 10 drivers would save money by switching to an electric vehicle, according to US university research, but some motorists could miss out.

AAP

Funding electric public transit can reduce emissions and address economic inequality

Electric vehicles have the potential to address climate change by producing significantly less greenhouse gas (GHG) emissions and other air pollutants than conventional gasoline-powered vehicles.

The Conversation

Inside Tesla’s terrible year, and what comes next for the electric car giant

Elon Musk made Tesla what it was, but he could also be its undoing, Richard Hall reports.

The Independent UK

Call to accelerate electric car transition

The automotive industry is failing to move to electric vehicles fast enough to freeze climate change, a leading car executive has warned.

AAP

Tesla: what 2023 holds for the electric vehicle company and why it might be time for Musk to go

If share price is anything to go by, Tesla is in trouble. The market capitalisation of the electric vehicle (EV) company has fallen by 73% from its record high in November 2021, causing concern for investors.

The Conversation

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Tribune News Service

Stellantis secures manganese sulphate supply for EV batteries from Element 25

The maker of Jeep SUVs, Ram pickup trucks and other vehicles on Monday said it has secured supply of high-purity manganese sulphate monohydrate for electric vehicle batteries in a five-year agreement with Australian miner Element 25 Ltd.

WEKU

State transportation officials preparing to hear from EV charging station contractors

The Kentucky General Assembly is working to modify state spending for creation of a network of electric vehicle charging stations. It’s not expected to slow down the effort to power up more highway-adjacent hookups.

Tribune News Service

Commentary: It’s time to dump Twitter — and Elon Musk

There’s no longer any doubt: It’s time for anyone who’s not a QAnon believer or MAGA hat-wearing adherent of the far right to stop doing anything that boosts Elon Musk’s profit and power. If you’re on Twitter, leave. If you’re looking to buy an electric vehicle, don’t get a Tesla.

Bangkok Post

Shaking up the EV market

The entry of more Chinese electric vehicle (EV) producers into the Thai market is not only improving sentiment among buyers as they can choose from a wider variety of models, but it is also testing their brand loyalty.

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The Conversation

What you need to know for your next hybrid or electric vehicle purchase

As part of its goal to achieve net-zero emissions by 2050, Canada has introduced new regulations to mandate one-fifth of all vehicles sold in Canada be electric by 2026.

The Conversation

Climate change action could set off a copper mining boom: how Zambia can make the most of it

At last year’s US Africa leaders summit in Washington the US signed an historic memorandum of understanding with Zambia and the Democratic Republic of Congo to develop an electric vehicle battery supply chain.

InsideEVs

TOPDON PulseQ 40-Amp EV Charger Review

We offer a thorough review of the Topdon PulseQ, a 40amp, wifi-connected, electric vehicle smart charger.

InsideEVs

US: Ford Tripled BEV Sales In December, Doubled In 2022

In December, Ford significantly increased its electric vehicle sales in the US, setting new monthly record of 7,823 units. In 2022 sales exceeded 61,000 units.

WEKU

Buying an electric car? You can get a $7,500 tax credit, but it won't be easy

The government is offering a hefty tax credit to buyers of electric vehicles, but taking advantage of it is not straightforward. Here's what you need to know.

WEKU

The fate of America's largest lithium mine is in a federal judge's hands

West Coast Native American tribes are suing to stop the proposed lithium mine because they consider the land sacred. Proponents of the Nevada mine see it as vital for electric vehicle production.

AAP

Tesla cuts prices in electric car battle

Thousands of dollars have been cut from the price of Australia's two most popular electric vehicles as competition in the market grows.

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