electric vehicle News Updates

GovernmentBusinessTechnology

US Weighs More Tariffs on Chinese Goods, Including EVs

President Joe Biden’s administration is weighing a tariff increase on Chinese electric vehicles and other goods, according to people familiar with the matter.

December 21, 2023
BusinessFuelAutonomous

Tesla Analysts Eyeing EV Slowdown Turn More Cautious on 2024

Wall Street’s outlook on Tesla Inc. is darkening rapidly, with at least two analysts turning more cautious on the electric vehicle maker in as many days.

December 19, 2023
BusinessTechnology

EV Inventories Hit Record High in US as Cars Pile Up on Lots

Electric vehicle inventories on U.S. dealer lots reached a new high in December, with a 114-day supply that was more than double what it was a year ago.

December 15, 2023
BusinessTechnology

BMW Expects EV Sales to Keep Growing but at a Slower Pace

BMW AG remains bullish on battery-powered electric vehicles in the U.S., even though it’s expecting the sector’s market share gains to slow.

December 14, 2023
GovernmentBusinessTechnology

Maine Considering California-Esque EV Sales Incentives

Maine environmental regulators will decide next week whether the state should join others in adopting California-style regulations to limit the sale of new gas-powered vehicles.

December 13, 2023
BusinessTechnology

Ford Cuts Electric F-150 Plans in Ominous Sign for EV Market

Ford Motor Co. is cutting 2024 production goals in half for its F-150 Lightning plug-in pickup truck — its signature electric vehicle — due to slowing demand for battery-powered models.

December 12, 2023
BusinessEquipmentFuelLogisticsFor-Hire

Ryder Reveals First Two Companies in EV Fleet Program

Truck leasing and logistics company Ryder System identified its initial customers Dec. 5 for its RyderElectric+ turnkey electric vehicle fleet program.

December 7, 2023
GovernmentTechnology

House GOP Votes to Block EPA Tailpipe Emissions Rule

House Republicans approved a bill Dec. 6 to block strict new tailpipe pollution limits proposed by the Biden administration, calling the plan a back-door mandate for electric vehicles.

December 7, 2023
BusinessTechnologyAutonomous

Renault Taps AI to Cut EV Production Costs in Half by 2027

Renault SA is deploying artificial intelligence technology to help cut the cost of producing electric vehicles in half by 2027 as the race to make affordable mass-market cars intensifies.

December 7, 2023
GovernmentTechnologyTCA

Michigan Government Vehicle Fleet Going All-Electric by 2040

Every vehicle in Michigan state government’s fleet must be zero-emissions by 2040 after Gov. Gretchen Whitmer issued an executive order establishing the goal.

December 6, 2023