A lithium-ion prismatic cell battery from Northvolt, photographed on Feb. 17, 2022. Mikael Sjoberg | Bloomberg | Getty Images Northvolt said Tuesday it would look to build a gigafactory in Germany, wi...
Tag: Autos
Starbucks, Volvo test EV charging network at coffee giant’s stores
Volvo will install as many as 60 Volvo-branded, ChargePoint DC fast chargers at up to 15 Starbucks locations along a 1,350-mile route from the Denver area to the coffee company’s Seattle headqua...
Volkswagen VOW VWAGY 2022 annual meeting EV updates
A technician fixes a VW sign in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021. Matthias Rietschel | Reuters Volkswagen said Tuesday that ...
GM to begin production next week brand’s first EV
An undated handout photo shows the new Cadillac Lyriq, one of the electric vehicles that General Motors Co said on October 20, 2020, that its Spring Hill, Tennessee, factory will begin to produce. Gen...
NIO XPEV LI trading down on delisting fears
Nio’s et5 electric sedan is set to begin deliveries in Sept. 2022. Nio U.S.-listed shares of Chinese electric vehicle makers opened sharply lower on Monday, under pressure with other Chinese com...
Nikola wants to increase shares by 200 million
San Pedro, CA – December 17: The first two zero-emissions electric trucks, from an order of 100 vehicles, delivered from the Nikola Corporation to Total Transportation Services at the Port of Lo...
Ford Stock Is Down For a Very Odd Reason. No, Production Guidance Wasn’t Cut.
Auto investor nerves are frayed as they deal with Russia, inflation and the persistent chip shortage. Scott Olson/Getty Images Text size Automotive News incorrectly reported over the weekend that Ford...
Electric Last Mile shares plummet to $1 after company confirms SEC probe
The ELMS Urban Delivery, anticipated to launch later this year, is expected to be the first Class 1 commercial electric vehicle available in the U.S. market and will be produced at the Company’s...
Ford says it will ramp up EV offering in Europe
A Ford facility in Cologne, Germany, photographed in February 2021. Oliver Berg | AFP | Getty Images Ford has laid out plans to roll out three new passenger electric vehicles and four new commercial E...
GE Builds 350-Ton Turbines at Its Power Facilities. Here’s What We Found on a Tour.
Text size 7HA.03 gas turbine in GE’s Greenville, S.C., factory. Courtesy GE Power General Electric led a tour of one of its South Carolina gas power facilities as part of its Investor Day on Thursday—...
Your 2019 leased car could now be worth $7,200 more than expected
Fg Trade | Istock | Getty Images If your three-year auto lease is coming to an end soon, be aware that your car may be worth far more than you realize. The 2022 average trade-in value for 2019 model-y...
U.S. clears way for driverless vehicles without steering wheels
DETROIT – Federal vehicle safety regulators have cleared the way for the production and deployment of driverless vehicles that do not include manual controls such as a steering wheel or pedals. The U....
Rivian Stock Slumps After Earnings. Wall Street Says Buy the Dip Of Course.
Text size Courtesy Rivian If we learned anything from Rivian Automotive earnings and the reaction of the stock, it’s that the company’s production ramp-up isn’t happening fast enough for the market. W...
Ford and PG&E partner on electric F-150 powering homes, grid
2022 Ford F-150 Lightning Ford Ford Motor will collaborate with Pacific Gas and Electric Co. in California to evaluate the bidirectional charging capabilities of the electric F-150 Lightning to power ...
Nio completes Hong Kong stock debut without raising new capital
Nio’s et5 electric sedan is set to begin deliveries in Sept. 2022. Nio Shares of Chinese electric-vehicle maker Nio began trading on Hong Kong’s exchange on Thursday, after the company cho...
Rivian changing battery cells to LFP, following Tesla, and high-nickel
R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 20...
Rivian (RIVN) earnings Q4 2021
Rivian signage at the Nasdaq on their IPO day, November 10, 2021 in New York. Source: Rivian Shares of Rivian Automotive tumbled in after-hours trading Thursday after the company missed Wall Street...
BMW says 2021 profit surged as it favored higher-margin vehicles during chip shortage
Spencer Platt | Getty Images News | Getty Images German automaker BMW AG said Thursday its revenue and net profit hit all-time highs in 2021, despite increased spending on research and development rel...
Here’s what investors should look for
A Rivian R1T electric pickup truck during the company’s IPO outside the Nasdaq MarketSite in New York, on Wednesday, Nov. 10, 2021. Bing Guan | Bloomberg | Getty Images Rivian Automotive’s...
Tesla’s China Sales Dropped. Tesla Stock Rose Anyway.
Text size Tesla delivered 56,515 vehicles from its Chinese plant in February. Sam Yeh /AFP via Getty Images Tesla sales from its plant in Shanghai fell in February from January, following the pattern ...
Tesla Bears, Watch Out. How the Stock Could Rise Like Apple’s Did.
Text size Tesla’s factory in Fremont, Calif. Josh Edelson/AFP via Getty Images Anyone bearish on Tesla stock should consider this: A lot of portfolio managers are underweight Tesla stock. Correc...
Rivian Earnings Are Coming. Wall Street Is Cutting Price Targets in Preparation.
Text size The average analyst target price for Rivian is down to about $116 a share from $133 over the past month. Courtesy Rivian Electric truck maker Rivian Automotive reports fourth-quarter numbers...