General Motors Co. will delay the opening of its second electric truck plant in Michigan to preserve capital amid a slowdown in sales growth for electric vehicles.
October 17, 2023electric vehicle News Updates
GM Delays Electric Pickup Truck Expansion Amid Slower Growth
Tesla Taps European Stainless Steel Producer for Cybertruck
Tesla Inc. is sourcing some stainless steel panels for the exterior of its new Cybertruck from Finnish supplier Outokumpu Oyj, which has worked to accommodate the electric vehicle’s unconventional design, according to people familiar with the matter.
October 11, 2023China’s CATL, BYD Dominate EV Battery Market
Chinese companies are expanding their share of the U.S. and European electric car battery markets thanks to lower prices, cementing their domination of the industry globally.
October 11, 2023The Future of Electric Vehicles Looms Over UAW Strike
WAYNE, Mich. — On the picket lines at a Ford factory west of Detroit, many striking workers don’t think the electric vehicle revolution is coming for their jobs — at least not in the near future.
October 10, 2023Tesla’s Price Cuts Make It Competitive With Gas-Powered Cars
Tesla Inc.’s top-selling electric vehicles now compete directly with gasoline cars on price after the latest round of price reductions, but that could cost the company $1.2 billion a year.
October 9, 2023In the Race to Electrification, Buses Are Leading the Pack
Eligible EV Buyers Will Get Tax Credits Immediately in 2024
DETROIT — Starting next year, people who want to buy a new or used electric or plug-in hybrid vehicle will be able to get U.S. government income tax credits at the time of purchase.
October 6, 2023Senators Propose EV Fee for Highway Trust Fund
Legislation to ensure electric vehicles contribute to a federal highway funding account was recently introduced in the U.S. Senate.
October 5, 2023Nikola Celebrates Entry Into HFCEV Market
Hydrogen fuel cell electric vehicles will be delivered to customers within a few weeks, company says.
October 5, 2023Ford Electric F-150 Sales Drop 46% as Deliveries Delayed
Ford Motor Co. reported sales of its F-150 Lightning plug-in pickup fell 46% in the third quarter as the automaker expanded its factory and delayed delivery of trucks for “quality checks.â€
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