Electric Vehicles

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From Oil to EVs, Here’s What a Trump Victory Means for Energy

Win empowers him to attack climate policies he’s dubbed a scam Republican will also push policies to produce more oil and gas Donald Trump’s victory promises to shake up US energy and environmental policy, with sweeping implications for oil production, offshore wind development and electric vehicle sales. The win empowers him to deliver on his …

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Struck by Lightning: Ford to Halt F-150 Lightning Production at Michigan Plant

While Lightning sales are up this year, they are far short of Ford’s ambitious expectations Bloomberg News Ford Motor Co. plans to shut down the Michigan factory that produces its F-150 Lightning plug-in pickup truck, its signature electric vehicle, through the end of the year as demand for EVs continues to wane. The move is the latest …

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China’s BYD Revenue Eclipses Tesla for First Time as EV Giants Go Head to Head

Both electric carmakers have emerged as breakout threats to legacy automakers Bloomberg News BYD Co. Ltd. notched up another win over Tesla Inc. on Wednesday, reporting quarterly revenue that beat Elon Musk’s carmaker for the first time since the pair have gone head-to-head in global electric vehicles sales. Revenue for China’s best-selling automaker soared 24 per cent year-on-year to 201.1 billion …

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Electric Shockwave: VW Seeks Unprecedented Plant Closings in Germany as Auto Crisis Deepens

Plans to cut thousands of jobs and slash wages as Europe’s biggest automaker tries to halt its tailspin Bloomberg News Volkswagen AG plans to close at least three factories, eliminate thousands of jobs and slash wages for tens of thousands of German workers as Europe’s biggest automaker tries to halt its tailspin. The proposals to fix …

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Tesla Posts Higher-Than-Expected Profit on Delivery Growth

Projects 50% growth next year over its 2023 production volumes Bloomberg News Tesla Inc. surpassed Wall Street estimates for earnings in the third quarter and projected a slight increase in deliveries for the current year, reflecting a rebound in demand for its electric vehicles. The company on Wednesday reported adjusted earnings of 72 cents per share for …

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Elon Musk Unveils $30,000 Tesla Cybercab with 2026 Production, but Details Lacking

Bloomberg News Elon Musk Showcases Tesla’s Autonomous ‘Robocab’ and ‘Robovan’ as Company Pivots to Robotics Elon Musk’s unveiling of self-driving taxi prototypes let down some Tesla Inc. investors, with many expecting more particulars on how the carmaker can possibly pull off his latest robocar predictions. Tesla might currently be riding the failures of the Cybertruck, but the company’s …

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GM Hints at Cheaper Electric Truck With 350-Mile Range

The Detroit-based automaker is working to secure a supply of lithium iron phosphate batteries General Motors Co. hinted that it’s developing a lower-cost electric pickup truck that could boast a 350-mile range. The Detroit-based automaker is working to secure a supply of lithium iron phosphate batteries in North America, said Kurt Kelty, GM’s vice president …

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‘It’s Not Range Anxiety, It’s Change Anxiety’: Ford Offers Free EV Chargers and Installation Worth $2,300

Bloomberg News Ford Motor Co. is offering free home chargers and installation to buyers of its electric vehicles in a bid to boost sales and overcome range anxiety among mainstream car shoppers. The incentive program will begin Tuesday and run through the end of the year, Ford officials said in a briefing with reporters. It’s available on the …

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Emissions-Free Truck Prices Need to Drop by 50% to Compete With Diesel, Study Says

By Reuters FRANKFURT, Sept 11 (Reuters) – Prices of emissions-free trucks need to fall by as much as half to make them an affordable alternative to diesel models, a study by consultancy firm McKinsey published on Wednesday said, a necessary step to help achieve European Union climate targets. Less than 2% of the EU’s heavy freight …

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Thieves Hunting for Copper are Vandalizing EV Chargers

Nearly 20% of U.S. public charging attempts ended in failure, with roughly 10% of those aborted sessions were due to a damaged or missing cable Bloomberg News Rick Wilmer spends most of his work days at the office. But every so often, the chief executive officer of ChargePoint Holdings Inc. will make his way to …

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