electric vehicle News Updates

BusinessTechnology

Toyota Sees Electric Cars ‘Down the Road,’ but Future is Now for VW

Toyota Motor Corp. may have kicked off the green-car movement with its Prius hybrid more than 20 years ago, but the company is not nearly as bullish as rivals about the American consumer embracing EVs.

April 17, 2019
BusinessTechnology

Tesla’s Elon Musk Blames Panasonic Battery Lines for Low Model 3 Output

Tesla Inc. CEO Elon Musk said Panasonic Corp. cell lines at the electric-car maker’s Nevada battery factory have been holding up production of its Model 3 sedans.

April 15, 2019
GovernmentBusinessTechnology

Electric-Vehicle Tax Credits Get Bipartisan Boost in Senate

A bipartisan group of senators introduced legislation April 10 that would extend a lucrative tax credit for electric vehicles that could benefit companies such as Tesla Inc. and General Motors Co.

April 10, 2019
BusinessTechnology

Tesla Plunges as Delivery Drop Deepens Demand Concerns

Tesla Inc. shares plummeted as a record decline in deliveries during the first quarter stoked concern of slackening demand for the Model 3 sedan that started selling less than two years ago.

April 4, 2019
BusinessTechnologyLogistics

Tesla’s Model 3 Shatters Record in Electric Car-Crazy Norway

Just weeks after Tesla Inc. started rolling out its Model 3 in Europe, the electric-car manufacturer has beaten the monthly sales record in its key Norwegian market by a wide margin.

March 26, 2019
GovernmentTechnologyTCA

Maine to Give $5.1 Million in Subsidies for EV Purchases

Maine will provide a $5.1 million subsidy and add at least 50 public vehicle charging stations to encourage residents and companies to buy all-electric vehicles.

March 21, 2019
BusinessTechnologyTCA

Chattanooga VW Will Source EV Batteries From New Georgia Factory

Volkswagen’s Chattanooga, Tenn., electric vehicle assembly plant will use batteries produced at a $1.67 billion factory in Georgia.

March 20, 2019
BusinessTechnologyAutonomous

VW to Cut Jobs, Costs in Transition to Electric, Autonomous Cars

Volkswagen AG’s main car brand plans to deepen cost cuts and ax more jobs as profits slip in the industry’s shift to electric and self-driving cars.

March 13, 2019
BusinessTechnology

VW Boosts EV Push to 22 Million Cars as Porsche, Audi Slip

Volkswagen AG aims to produce almost 50% more electric cars than it targeted previously, boosting a bet that has already strained profit margins.

March 12, 2019
BusinessTechnology

How the Cobalt Market Fell Victim to Allure of Electric Cars

Cobalt prices were surging so much last year that thieves were carrying out elaborate heists at warehouses in Europe’s busiest port. Now, prices are in free fall, and mining companies are taking the financial hit.

March 1, 2019