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Bloomberg News Tesla Inc. may be headed for a gloomy milestone as waning demand for electric vehicles and elevated interest rates take a toll on sales. Analysts rapidly lowered their projections for this week’s deliveries report as the quarter came to a close. Some on Wall Street are even braced for Tesla’s first sales decline since the early …
Tesla Has Wall Street Worried About How Many Cars it Just Sold Read More »
CEO says company will have to cut costs to make EVs affordable for the middle class The Associated Press DETROIT — Jeep maker Stellantis NV is laying off about 400 white-collar workers in the United States as it deals with the transition from combustion engines to electric vehicles. EV price gap needs closing to spur demand The company …
Stellantis Lays Off About 400 Workers to Cut Costs in EV Transition Read More »
GM’s EV transition has been fraught with delays, including automation issues and software glitches Bloomberg News General Motors Co. is racing to fix problems in its electric vehicle business to make good on promises chief executive Mary Barra made five years ago. It still has a long way to go. Fresh off exiting major markets like Europe …
The Struggling Battery Factory Behind GM’s Electric Vehicle Broblems Read More »
Calculation scores fuel efficiency of electric vehicles Requirements attempt to balance automakers, environmentalists The Biden administration is setting a new estimate of the fuel efficiency of electric vehicles that’s meant to better reflect the real world and is likely to further drive sales of emission-free cars. The so-called petroleum equivalency factor established in a final …
Biden Drops Mileage Score for Electric Cars in Bid to Spur Sales Read More »
EPA expected to finalize tailpipe emission limits within days Formula for calculating electric vehicle fuel use also coming The Biden administration is preparing to roll out the toughest-ever limits on pollution from the nation’s cars and light trucks after making changes likely to mollify some automakers. Emissions limits set to be finalized by the Environmental …
Bloomberg News U.S. officials want to speed the adoption of zero-emission 18-wheelers and other trucks used to haul goods across the country. PHOTO BY USTIN SULLIVAN/GETTY IMAGES The Biden administration is rolling out its plan for deploying electric vehicle charging and hydrogen fuelling infrastructure on the nation’s freight corridors — part of a bid to decarbonize U.S. supply …
Automakers now have one fewer competitor to worry about in a crowded and uncertain arena Bloomberg News The sudden demise of Apple Inc.’s electric-vehicle program is a bleak sign for the car market. It’s also a welcome boon for automakers themselves. Apple Pulls Plug on Electric Car Plans Apple Inc. is canceling a decade-long effort to build an …
Apple’s Electric-Vehicle Wind Down Offers Reprieve to Tesla, Detroit Rivals Read More »
Ford Motor Co. has halted shipments of its F-150 Lightning plug-in pickup for an undisclosed quality issue just weeks after cutting production of the battery-powered model due to slowing sales. The automaker said in a statement late Friday it stopped shipping the Lightning on Feb. 9 “to ensure quality.” It did not say when it expects to resume delivering the …
Ford Stops Shipping Electric F-150 Pickup Due to Quality Issue Read More »
Ford Motor Co. has halted shipments of its F-150 Lightning plug-in pickup for an undisclosed quality issue just weeks after cutting production of the battery-powered model due to slowing sales. The automaker said in a statement late Friday it stopped shipping the Lightning on Feb. 9 “to ensure quality.” It did not say when it expects to resume delivering the …
Ford Stops Shipping Electric F-150 Pickup Due to Quality Issue Read More »
As EV sales climb, more companies are embarking on wireless-charging pilot projects. But hurdles remain before powering up without a plug can go commercial. Bloomberg Someday soon, plug-in cars may no longer need a plug. Electric car drivers would simply pull into a specialized parking space when it’s time to power up, wait for a …
Wireless Charging for Electric Cars Is Inching Closer to Reality Read More »
