2024 Ford Mustang Source: Ford Convertibles — once a sign of open-air freedom, road trips and summer adventures — are fading away as the auto industry shifts to all-electric cars and more rugged sport...
Tag: electric vehicles
Your Car Will Likely Be More Expensive
For more than two years now, buying a new car has cost a small fortune. And receiving it has become almost a luxury because it is difficult to know when it will arrive. The delivery times given by ca...
Electric Vehicles Sales And The New Electric Economy Have Arrived
| 3D rendering of a modern electric car. Getty Images Key Takeaways Electric vehicles are gaining popularity and market share. In Q2 2022, EV sales accounted for 5.6% of the total auto market (up from...
More Lithium Mining, Wells Running Dry In California And EV Charging Infrastructure
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. Forbes This past week we held the inaugur...
Electric vehicle (EV) sales set to hit an all-time high in 2022, IEA says
Tesla electric cars photographed in Germany on March 21, 2022. According to the International Energy Agency, electric vehicle sales are on course to hit an “all-time high” this year. Sean ...
Charging EVs At Home Overnight May Not Be The Cheapest Option For Much Longer
Researchers at Stanford University say that recharging electric vehicles at home overnight will begin to stress the grid by late this decade unless energy-generation capacity is increased. JAMES LIPMA...
GM to sell up to 175,000 electric vehicles to Hertz through 2027
General Motors has agreed to sell up to 175,000 electric vehicles to Hertz Global over the next five years, the companies announced Tuesday. The deal calls for GM to start supplying electric vehicles ...
Biden Delivers Big Money to EV Industry (There May Be a Problem)
The U.S. government and automakers seem to be on the same page about transforming the country’s car culture from one based on an internal combustion engine to one based on battery-powered electr...
A National Charging Network, Ethereum’s Going Green And How Electric Cars Could Protect The Grid
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. Getty Images for Alok This Monday marks t...
Biden Frees Up First Funds For National EV Charging Network
President Joe Biden drives an electric Cadillac Lyriq during a tour of the Detroit Auto Show on … [+] Sept. 14. AP Photo/Evan Vucci He liked the gasoline-powered Chevrolet Corvette the best, but...
How The Inflation Reduction Act Could Cause A Lithium Crunch
This aerial view shows the Salton Sea near Calipatria, California. Huge reserves of lithium are … [+] fostering hope among the communities around California’s largest lake. (Photo by Robyn...
Elon Musk Reiterates His Worst Nightmare for The Economy
The markets are slumping as investors worry about the consequences of the Federal Reserve’s aggressive interest-rate hikes, designed to fight an inflation rate that’s the highest in 40 yea...
Ford asks dealers to invest in EVs as it chases Tesla-like profit
Ford CEO Jim Farley poses next to a model of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, April 26, 2022. Rebecca Cook | Reut...
Volvo starts series production of heavy-duty electric trucks
This image shows workers at Volvo Trucks’ plant in Sweden. Volvo Trucks Volvo Trucks said Wednesday that production of three heavy duty electric truck models was now underway, with its president...
Nikola founder Trevor Milton stands trial on fraud charges
CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy ...
Elon Musk Predicts the Near Death of These Cars
Elon Musk undoubtedly has helped change the face of the automobile industry. In less than 20 years, Tesla (TSLA) , which he co-founded, has become the benchmark for what all other carmakers aspire to...
Tesla May Be Set to Build a New Plant – but Not the One You Think
Elon Musk, chief executive of Tesla (TSLA) , has promised that this year he’ll announce the locations of the electric-vehicle manufacturer’s next factories. The list should probably incl...
GM’s Affordable Electric Car, Crypto’s Energy Impact And Rotary’s Battery Recycling
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. Los Angeles Times via Getty Images Earlie...
Amazon-Backed Rivian And Mercedes-Benz Are Partnering To Make Electric Vans
Rivian and Mercedes-Benz are planning a joint venture to produce electric vans, including a new production line at a Mercedes facility in Europe. Rivian Rivian, the electric vehicle startup backed by ...
Mercedes-Benz, Rivian partner on EV commercial vans in Europe
Production of electric Amazon delivery vans on April 11, 2022 at Rivian’s plant in Normal, Ill. Michael Wayland / CNBC Mercedes-Benz and Rivian said Thursday they are planning a joint venture to...
Jeep announces all-electric Wrangler-inspired SUV, new EVs by 2025
Electric Jeep Recon SUV Jeep DETROIT – Jeep plans to launch four new all-electric SUVs in North America by 2025, including a luxury Grand Wagoneer and a Wrangler-inspired off-road vehicle called the R...
Harbinger EV startup medium trucks NAIAS 2022
Harbinger EV truck Jack Schroeder | Harbinger A new Los Angeles-based electric vehicle startup founded by veterans of Canoo and QuantumScape said Wednesday it’s preparing to shake up the medium-...
Nio reports wider second-quarter loss despite increase in EV shipments
Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio had a loss of $409...
Here’s Where Ford Stock May Find Strong Support
Auto stocks like Ford (F) made a stellar move off the lows. In fact, Ford stock rallied 57.2% off its 2022 low to last month’s high. Even though Tesla (TSLA) seems to get all the attention, the mo...
As Elon Musk backs fossil fuels, one strategist sends warning over EV sales
The uptake of electric vehicles has increased in recent years, as countries around the world attempt to reduce the environmental effects of transportation. Simonskafar | E+ | Getty Images Recent comme...
Volkswagen and Porsche Take a Huge Risk With a Big Bet
Nothing stops Volkswagen (VLKAF) . Not Russia’s energy war on the European Union. Moscow has decided to cut gas supplies to Europe before the cold autumn and winter months because of the countr...
What California’s Ban On Gasoline Car Sales Means For Clean Tech
Getty Images Key takeaways The California gas car ban outlaws the sale of new gas-powered vehicles in or after 2035 The rule intends to push the state toward climate-friendlier transportation options ...