Tag: electric vehicles

April 14, 2021

Sustainability has made its way onto the dashboard of many company executives, and the money is set to follow — particularly in the electric vehicle space, if investment trends and research and development commitments are anything to go by. “ESG […]

April 2, 2021

Tesla says it delivered nearly 185,000 electric vehicles in the first quarter despite a shortage of computer chips that has hit the global auto industry. The number was more than double the deliveries for the same period last year. And […]

March 10, 2021

Tesla holds a sizable lead over competitors when it comes to paying less for lithium-battery cells and having the lowest cost EV battery packs, according to a new report from Cairn Energy Research Advisors. What’s more, Tesla is expected to […]

February 4, 2021

DETROIT – Ford Motor CEO Jim Farley is promising something Wall Street has been asking from the storied American car manufacturer for years: A clear and decisive plan as the auto industry transitions to electric vehicles. In the coming months, […]

November 2, 2020

The German government may give the country’s crucial auto industry billions more euros to shift to a future of self-driving cars that don’t burn fossil fuels. On Monday, as Germany reentered partial lockdown, both Reuters and Handelsblatt reported a plan […]

September 3, 2019

Global electric-car sales fell for the first time in modern history in July after China scaled back purchase subsidies, highlighting the role government assistance is having on the burgeoning market. Monthly sales worldwide fell 14% to about 128,000 plug-in passenger […]

March 13, 2019

Volkswagen (VLKPF, -1.89%) is to cut up to 7,000 jobs by 2023 so that it can increasingly focus on electric vehicles and production automation. Handelsblatt reports the move — which will primarily hit administration workers in Germany — will free […]

March 1, 2018

GERMAN carmakers have much in common with the self-confident roadhogs who favour their vehicles. The cars they produce, with sleek design, doors that close with a satisfying thunk and roomy interiors swagged with leather and technology, are the dominant force […]

June 12, 2017

General Motors is moving up the national debut of its Bolt electric car to August, a month earlier than originally planned in what may be a counter move to Tesla starting to ship its rival Model 3 vehicle this summer. […]

June 5, 2017

Toyota says it has fully divested its stake in electric carmaker Tesla Motors. The Japanese giant was an early investor in the American upstart and the companies worked together to produce an electric version of one of Toyota’s most popular […]

January 3, 2017

On Tuesday, Ford CEO Mark Fields unveiled an ambitious plan for the carmaker to spend $4.5 billion over five years to introduce 13 new electric vehicles, some with self-driving capabilities. As part of the strategy, Ford said that it would […]