George Soros seems to have picked his winners in the race for electric vehicles. In any case, the emblematic investor is placing his pawns while car manufacturers are fighting with thunderous announc...
Tag: electric vehicles
Ice Caps Are Melting Faster, Nikola-Tesla Rivalry Heats Up And Making Green Hydrogen
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. NurPhoto via Getty Images Researchers at ...
Struggling Electric-Truck Maker Nikola Makes a Major Change
Nikola (NKLA) , the electric- and hydrogen-truck producer, is making a change and not just any change. The company, which says it is “driven to revolutionize the economic and environmental impa...
Tesla Rival Rivian is Being Held Back by a Big Problem
The quarters follow each other and look alike for Rivian (RIVN) : Does the young electric vehicle manufacturer have a future? This crucial question is often asked of any new vehicle manufacturer whe...
Rivian (RIVN) earnings Q2 2022
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle maker Rivian Automoti...
Inflation Reduction Act EV tax credits could hurt sales
Tesla cars charge next to a traditional Texaco gas station on July 17, 2022 in Nephi, Utah. With more electric cars on the road, lack of charging infrastructure is becoming more of a problem for EV ow...
Ford CEO doesn’t expect electric vehicle battery costs to drop soon
Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters WAYNE, Mich. – Ford Motor CEO Jim Farley does not expect the costs of r...
Nikola CEO Mark Russell to retire at the end of the year
Mark Russell, chief executive officer of Nikola Corp., left, during a media briefing at the unveiling of the Iveco-Nikola electric truck plant in Ulm, Germany, on Wednesday, Sept. 15, 2021. Andreas Gr...
Inflation Reduction Act extends $7,500 tax credit for electric cars
David Madison | Photodisc | Getty Images A federal tax break that’s available to car buyers for going electric may work differently starting next year. Under the Inflation Reduction Act — which ...
Amazon’s Carbon Footprint Increases, How Tesla Lost The Affordable Electric Vehicle Race And Generac’s Home Microgrids
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. A 750,000-square-foot Amazon fulfillment ...
How Tesla Lost The Race For Affordable EVs To An Unexpected Rival
Sixteen years ago, Tesla CEO Elon Musk announced his goal of building the first truly low-cost electric family car. Now General Motors has beaten him to it. INAugust 2006, before Tesla had built its f...
GKN Automotive Hits Multi-Million Electric Drive Milestone
GKN Automotive is the official partner of the Jaguar TCS Formula E race team. Jaguar TCS Racing The combination of rising popularity of electrified vehicles and partnership with Jaguar’s e-racin...
Lordstown Motors (RIDE) Q2 2022 earnings and production
Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors assembly plant in Ohio. Michael Wayland | CNBC Embattled electric truc...
Hyundai to export heavy-duty hydrogen electric trucks to Germany
An XCIENT Fuel Cell truck photographed in South Korea on Nov. 10, 2021. A number of firms in the trucking sector are exploring ways to develop vehicles that use hydrogen. SeongJoon Cho | Bloomberg | G...
Fisker Says It’s Got More Than $300 Million Worth Of Preorders For Its Electric SUV
The first batch of Fisker Oceans will be high-end models selling for about $70,000. ©2021 Fisker Inc. Fisker Inc., a Los Angeles-based electric vehicle startup led by designer Henrik Fisker, says it h...
Fisker (FSR) Q2 2022 earnings
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Be...
Lucid (LCID) Q2 2022 earnings and production forecast
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capi...
Nikola shareholders vote to issue new stock over Trevor Milton’s objection
Nikola Motor Company Source: Nikola Motor Company Electric truck maker Nikola has finally won shareholder approval to issue new stock, the company said on Tuesday. Nikola has been trying for two month...
Electric Vehicle Tax Credits Likely To Get New Life And A Manchin Makeover
Sen. Joe Manchin talks with the media after a hearing on hydrogen pipelines CQ-Roll Call, Inc via Getty Images In a major win for automakers and future electric vehicle buyers, tax credits for the pur...
Manchin-Schumer Compromise Is A Watershed Moment For U.S. Energy
WASHINGTON, DC – JULY 20: Sen. Joe Manchin (D-WV) talks to reporters as he leaves the the Senate … [+] Democrats weekly policy luncheon at the U.S. Capitol on July 20, 2021 in Washington, ...
Nikola NKLA to acquire Romeo Power RMO
Nikola Motor Company Two truck Source: Nikola Motor Company Electric heavy truck maker Nikola said Monday that it struck a $144 million deal to acquire battery pack supplier Romeo Power, giving the co...
Under ESG Investor Ideanomics, Electric Motorcycle Maker Energica Looks Just Beyond Building Bikes
The new Energica Experia electric motorcycle is fast, but trades away some horsepower for longer … [+] range from its large battery. Energica American ESG and electric transportation investment ...
Ford CEO Farley outlined plans for automaker’s electric vehicle shift
Electric vehicle batteries are in short supply, and costs for materials such as nickel and cobalt are surging. Yet legacy automaker Ford Motor says it plans to be profitably building millions of EVs a...
The Summer Of Extreme Weather, GM’s Plans For One Million EVs And Turning Trash Into Cash
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Anadolu Agency via Getty Images Earlier t...
Tesla Makes More Money Than GM and Ford
Tesla (TSLA) – Get Tesla Inc. Report is further tightening its grip on the U.S. auto sector. The list of trophies won by the manufacturer of premium electric vehicles continues to grow. Elon M...
Ford F earnings Q2 2022
Ford CEO Jim Farley at the company’s Dearborn, Michigan, plant where it’s building the electric F-150 Lightning on April 26, 2022. CNBC | Michael Wayland Ford Motor Company will report its...
Ferrari CEO shrugs off concerns about EV performance
A Ferrari photographed in Switzerland on March 2, 2015. The Italian company plans to launch a fully electric vehicle in 2025. Harold Cunningham | Getty Images News | Getty Images The CEO of Ferrari on...
Driving And Charging The Ford Mustang Mach-E GT In The Redwoods
2022 Ford Mustang Mach-E GT Sam Abuelsamid One of the great things about living in North America is that the land mass is so vast that there are large stretches with very low population density where ...
GM electric vehicle chat tool aims to fill the ‘EV knowledge gap’
GM launched ‘EV Live,’ a free online platform that connects electric vehicle owners or consumers who have questions about zero-emissions cars and trucks with an expert who can answer them....
New way to short Tesla with AXS Investments ETF
Investors have a new way to make bullish and bearish bets on large-cap stocks. AXS Investments launched eight of 18 approved single-stock leveraged ETFs this month. The funds aim to increase exposure ...