Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Lucid Electric luxury vehicle maker Lucid Group...
Tag: electric vehicles
Honda’s new $4.4 billion EV battery plant will be built in Ohio
An employee inspects the door of a 2018 Honda Accord vehicle during production at the Honda of America Manufacturing Inc. Marysville Auto Plant in Marysville, Ohio, on Thursday, Dec. 21, 2017. Ty Wrig...
GM Energy launches to connect homes, businesses with EV chargers, energy storage
Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022. Scott Mlyn | CNBC General Motors on Tuesday said that it is forming a new business unit to offer stationary battery packs, so...
General Motors Launches New GM Energy Business Unit To Focus On EV Ecosystem Integration
General Motors is launching a new GM Energy business unit to provide bidirectional charging, fleet … [+] charging management and stationary storage General Motors Transportation requires much mo...
Rivian shares are set to slump after the company announced a big recall
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Shares of Rivian Automotive are set to open sharply lower Monday a...
How GM plans to convince car buyers to make the EV switch
Electric Chevrolet Silverado shown at the New York Auto Show, April, 2022. Scott Mlyn | CNBC When people think of electric vehicles, their minds typically jump to Tesla. But Elon Musk’s company ...
Tesla Challenger Polestar Looking to Deliver on Big Plans
Back in July, electric vehicle maker Polestar (PSNY) made a bold promise. The Gothenburg, Sweden-based company reported that it delivered 21,200 cars during the first six months of 2022, more than d...
Greener Industrial Chemicals, EV Fleet Challenges And Tesla’s Record Deliveries
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 In the 19...
Polestar confirms it will deliver 50,000 electric vehicles in 2022
Polestar, the Swedish electric performance car company, has announced that the world premiere of its next car, the Polestar 3 electric performance SUV, will be in October 2022. Polestar 3 is the compa...
U.S.-China tensions could ‘supercharge’ China’s innovation: JPMorgan
An employee works on the production line of semiconductor wafer at a factory of Jiangsu Azure Corporation Cuoda Group. China has stepped up investment into its chip industry in a bid to be self-relian...
Grid And Charging Speed Bumps Ahead As Amazon, FedEx And Transit Fleets Go Electric
Amazon is adding 100,00 electric Rivian delivery trucks to its fleet. Rivian AmazonAMZN , FedExFDX and other big fleet operators are moving fast to replace their vast fleets of exhaust-spewing deliver...
Rivian Stock May Finally be a Buy, But Let’s Look at the Chart
Ford (F) , Rivian (RIVN) and other auto stocks were all booming higher on Tuesday and it was a good day to be an automotive investor. That’s even if the most recent stretch of trading hasn’t ...
Mercedes-Benz CEO says EV transition will be helped by luxury drivers
A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters Mercedes-Benz CE...
Rivian 2022 EV production targets will mean a sharp ramp-up
A Rivian R1T truck body lowered onto a chassis in the assembly line at the Rivian electric vehicle plant in Normal, Illinois. Georgia is giving the company $1.5 billion in subsidies to bring a new $5 ...
Very Confusing Sustainability Choices In The Auto Industry
For those hoping to invest in environmentally-friendly companies, the automotive industry has a … [+] range of sustainability. But it’s hard to tell what green is truly green. getty “Clima...
Rivian production grows 67% in 3Q, confirms 2022 goals
Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Dav...
Dodge tries to convert its muscle car fans from V-8 engine to EV
Since the Dodge Charger was reintroduced in 2006, Dodge has been building a reputation for making muscle cars with big engines and bold and bright paint jobs. But it plans to discontinue the gas-power...
Tesla’s Quarterly EV Deliveries Jump 42%–But Miss Bullish Expectations
Workers at Tesla’s Giga Berlin plant inspect a recently built vehicle. Tesla Elon Musk’s TeslaTSLA reported its best quarterly deliveries of electric vehicles, up more than 100,000 units from a ...
Ford, Rivian, GM: Concern About Outlook for Carmakers Piles Up
Life for the car manufacturers is becoming tougher as the economic slowdown worsens. A perfect storm of prepandemic difficulties made worse by covid-19 appears to be forming. Demand for cars is likel...
A Billionaire From Clean Energy, Musk Vs Fisker And How To Get Sustainability Tax Breaks
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. In Pictures via Getty Images Among the pr...
Leadership Lessons From Ford’s CMO And Bet On The Electric F-150
Ford Motor Company unveils their new electric F-150 Lightning outside of their headquarters in … [+] Dearborn, Michigan on May 19, 2021. (Photo by JEFF KOWALSKY/AFP via Getty Images) AFP via Get...
Electric and autonomous vehicle ETF falls 15% in September
GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images A key ETF for electric and autonomous vehicle stocks suffere...
Elon Musk Revives a Grudge with a Familiar Foe
Elon Musk rarely forgets. And Tesla’s (TSLA) billionaire CEO certainly doesn’t forget those who have opposed him or his companies. To ensure they don’t keep a short memory, he rem...
Toyota CEO doubles down on EV strategy amid criticism it’s not moving fast enough
A Toyota bZ4X on display at the New York Auto Show, April 13, 2022. Scott Mlyn | CNBC LAS VEGAS – Toyota Motor is standing by its electric vehicle strategy, including hybrids like the Prius, following...
Lordstown Motors RIDE begins production of Endurance EV pickup
Lordstown Motors gave rides in prototypes of its upcoming electric Endurance pickup truck on June 21, 2021 as part of its “Lordstown Week” event. Michael Wayland / CNBC Lordstown Motors sa...
This ‘Cheap’ Car Brand Just Got Real Expensive
There are some brands of cars that naturally command a higher sticker price on the showroom floor: think BMW (BMWYY) , Mercedes Benz (DDAIF) , Volkswagen (VLKAF) -owned Audi (AUDVF) and its soon-...
Elon Musk Revives Tesla’s Old Spat With EV Rival Henrik Fisker
Tesla CEO Elon Musk has revived his 15-year-old feud with Fisker Inc.’s Henrik Fisker. NTB/AFP via Getty Images Early in Tesla’s formative period in Elon Musk sued Henrik Fisker, unsuccessfully,...
Hertz and BP installing EV chargers in US
Tesla Model 3 electric vehicles at a Hertz neighborhood location. Hertz Hertz is teaming up with oil giant BP to build a new network of electric vehicle charging stations throughout the United States....
EV drivers in Britain see jump in public charging cost
The U.K. has laid out plans to ramp up the number of electric vehicles on its roads over the next few years. Coldsnowstorm | E+ | Getty Images Electric car drivers in the U.K. have seen the cost of us...