If it were up to iconic investor and short-seller George Soros to pick the winners of automotive electrification, General Motors (GM) – Get General Motors Company Report would have a lot to wor...
Tag: electric vehicles
Will Apple Come to The Rescue of a Struggling Tesla Rival?
The next few months will be decisive for Canoo (GOEV) – Get Canoo Inc. Class A Report, the upstart manufacturer of electric vehicles. Its horizon, like that of most car manufacturers, is curre...
George Soros Backs Bet on Rivian as Ford Delivers Bad News
Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report got scared but the electric vehicle maker made up for it well. The young manufacturer of electric SUVs and pickups has just cleared s...
Tesla CEO Elon Musk dismisses hydrogen as tool for energy storage
Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during a discussion with reporters at the Automotive News World ...
Tesla’s China Sales Take A Pounding As Covid Lockdown Drags On
A driver in PPE moves a new Tesla passenger car from Shanghai off a cargo ship in the port in Yantai in China’s Shandong province on April 25, 2022. Future Publishing via Getty Images Tesla’s El...
VW is looking to bring back the Scout brand as an electric vehicle
This image, from 2019, is of a refurbished Scout. The brand was originally built by International Harvester between 1961 and 1980. Future Publishing | Future Publishing | Getty Images Volkswagen is pl...
Lucid Makes a Bold Decision to Solve A Big Problem
Lucid Group (LCID) – Get Lucid Group, Inc. Report tries to send positive signals. The electric vehicle manufacturer, whose main shareholder is Saudi Arabia’s sovereign wealth fund Public...
Ford Might Have Very Bad News for Rivian
The first quarter was very tough for Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report and its shareholders. The latter saw the value of their stake melt away as shares of the upstart...
Embattled Electric Truck Maker Nikola Delivers Good News
Nikola (NKLA) – Get Nikola Corporation Report just kept a promise. The electric truck manufacturer has just taken an important step in its young history. And it’s a step that could chang...
Fisker Says It’s Targeting An Overlooked EV Feature: Affordability
The electric Fisker Ocean crossover goes into production at a Magna plant in Graz, Austria, in November 2022. Fisker Inc. Six months before Fisker Inc. starts delivering its first electric SUVs, CEO H...
Nikola (NKLA) earnings Q1 2022
Nikola Motor Company Source: Nikola Motor Company Electric heavy-truck maker Nikola said Thursday it shipped its first semitrucks to customers in April, and that it now has purchase orders and letters...
Governor Gavin Newsom Ordered An End Gas-Powered Cars Sales In California & President Biden Is Under Pressure To Do Same For Entire Nation
Gavin Newsom has been promoting electric vehicles for a long time. This is Newsom when he was San … [+] Francisco mayor back in 2010, holding a power cable before test driving a Toyota Prius (Ph...
Rivian Has News That May Ease Concern Among Investors
Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report is trying to break a bad streak. As athletes well know, a few subpar performances can undermine morale. They train, repeat that they&...
Ex-Tesla Engineer Building Silicon Anode Plant As U.S. Amps Up EV Battery Production
Sila cofounder and CEO Gene Berdichevsky is developing anode materials that can improve energy density and the lower costs of EV batteries. Sila Sila, a battery materials startup cofounded by one of T...
Tesla Has Some Bad News for Its Investors and Fans
Tesla’s (TSLA) – Get Tesla Inc Report investors and fans will have to wait — patiently or not. Many of them had May 2 marked on their calendars as the date on which the manufacture...
Profit Falls At World’s Largest EV Battery Maker CATL Even As Sales Soar 136% In First Quarter
Solar panels stand in front of Contemporary Amperex Technology’s headquarters building in China in … [+] 2020. Photographer: Qilai Shen/Bloomberg © 2020 Bloomberg Finance LP Rising global ...
Elon Musk Has an Original Way to Outshine Warren Buffett
Elon Musk is the new Oracle. This title which is accompanied by the respect of both Wall Street and Main Street was previously attributed to the legendary investor Warren Buffett, 91, who is called t...
Amazon and Ford Have a Big Problem They Can’t Control
Amazon (AMZN) – Get Amazon.com, Inc. Report and Ford (F) – Get Ford Motor Company Report operate in two different sectors. The first is in online commerce, streaming, sport and, above a...
Musk Makes a Big Promise After Selling Millions of Tesla Shares
It’s a promise that will delight Tesla (TSLA) – Get Tesla Inc Report fans and investors. After days of wondering about their hero Elon Musk’s intentions regarding Tesla, they can n...
Autos CEO warns of battery supply scarcity as EV competition heats up
In 2021, Volvo Cars said it planned to become a “fully electric car company” by the year 2030, a move which will require it to have a consistent and secure supply of batteries for its vehi...
Electric Vehicle Manufacturers: Don’t Be Like Tesla
Inside a Tesla factory Photo by Martin Geiger on Unsplash The big news item this week is that Elon Musk will officially be buying Twitter TWTR after threatening to do so for weeks. As with all of Musk...
Tesla Snatches a Coveted Relic from GM and Ford
The automotive sector is upside down. While it is clear that the new path is electrification, it is still difficult to say which carmakers will be the winners except for Tesla (TSLA) – Get Tes...
Fisker CEO Deletes Twitter Account On Concerns About Elon Musk’s Control Of His Free Speech
Car designer Henrik Fisker is targeting younger buyers with the Ocean SUV, with leases priced from $375 a month. Fisker Henrik Fisker, CEO of electric-car maker Fisker Inc., was a high-profile Twitter...
The $150 Billion Road Electric School Buses Can Ride To Create American Jobs And Protect Kids’ Health
Anyone who has gone to school in the United States remembers the smell of diesel exhaust from riding the iconic yellow school bus, but few realize the danger of breathing those fumes. Thankfully, our ...
Can We Feed The Clean Energy Beast With Raw Materials Using Fewer Imports?
SOROWAKO, SOUTH SULAWESI, INDONESIA – 2019/03/28: Nickel ore seen being processed at the PT Vale … [+] Indonesia plant. Nickel mining by the PT Vale Indonesia, a nickel plant in Soroako, S...
Elon Musk Brings Internet Service Someplace Surprising
Last month, Jonathan Hofeller, vice president of Starlink commercial sales at SpaceX, Elon Musk’s aerospace company, declared that “connectivity on airplanes is something we think is ripe ...
Tesla Quarterly Profit Soars To $3.3 Billion As Supply Chain, Covid Woes Cloud Outlook
Tesla CEOElon Musk speaks at the opening of the electric carmaker’s Giga Texas plant on April 7, 2022 in Austin. AFP via Getty Images Tesla Inc., the world’s leading producer of electric vehicle...
Shanghai’s Covid Lockdown Deals A Blow To Elon Musk’s Tesla Production Goals
Workers at Tesla’s Shanghai Gigafactory build a Model 3 electric sedan. Newscom Tesla looks set for a year of dramatic growth amid spiking demand for its electric vehicles and the addition of tw...
Ford Confirms an Important Decision That May Not Please Customers
Jim Farley really wants to make Mustangs. The Ford (F) – Get Ford Motor Company Report CEO laid out the company’s goals for Mustang Mach-E, the electric version of the classic pony car in...
BP deal sends Nasdaq-listed EV charging stock Tritium surging
The need for new charging infrastructure in the U.K. is likely to become increasingly pressing in the years ahead, not least because authorities want to stop the sale of new diesel and gasoline cars a...