electric vehicle News Updates

Government, Business, Technology, Fuel

Election Outcome Could Stir Up Electric Vehicle Industry

Both of the major-party presidential candidates have said they support electric vehicles, but a Joe Biden win could bring changes to significantly speed up the adoption of cars and trucks built by the likes of Tesla Inc. and Nikola Corp.

November 2, 2020
Business, Technology, Fuel

Top Electric-Car Battery Maker Wins Approval for Company Split

South Korea’s LG Chem Ltd. won shareholder approval to hive off its superstar battery business, with investors betting the division has a better chance to thrive as a stand-alone entity.

October 30, 2020
Government, Business, Technology, Fuel, Logistics

EV Mania Turns Battery Makers Into Power Brokers

Automakers are investing billions of dollars to bring new electric vehicles to consumers in the U.S. and other global markets, but their success hinges on securing the most critical and expensive component: the battery.

October 23, 2020
Business, Technology, Equipment

Continental Is Said to Explore Sale of Turbocharger Business

Continental AG is exploring a sale of its turbocharger unit as the German auto-parts maker conducts a major restructuring to stem losses, according to people familiar with the matter.

October 22, 2020
Business, Technology, Fuel

GM to Plan Third EV Plant in Big Plug-In Bet

General Motors Co. is investing more than $2 billion in six U.S. plants, including a makeover of a former Saturn plant in Tennessee into its third factory to produce electric models.

October 20, 2020
Business, Technology, Fuel, Autonomous

Tesla to Start Exporting China-Made Model 3 Cars to Europe

Tesla Inc. will start exporting Model 3 cars made at its gigafactory on the outskirts of Shanghai to Europe later this month, the automaker said in a statement sent via WeChat.

October 19, 2020
Business, Technology, Fuel

Workhorse Falls on Short-Seller Claim It Misled Investors

Workhorse Group Inc. shares fell briefly after a short seller published a report accusing the startup electric-vehicle manufacturer of “misleading investors” and alleging it’s unlikely to win a key contract to supply postal trucks.

October 8, 2020
Business, Technology, Equipment, Fuel

Q and A With Hyliion CEO Thomas Healy: ‘We Were Fortunate on Timing’

Thomas Healy was secretly arranging a deal to turn his Texas-based truck electrification startup into a publicly traded company when the coronavirus pandemic struck.

October 5, 2020
Business, Technology, Fuel, Autonomous

Tesla Inches Near Annual Goal With Record Sales in Quarter

Tesla Inc. delivered a record number of cars worldwide in the third quarter, smashing analysts’ estimates and maintaining its dominance in electric-vehicle sales — making a difficult year-end sales goal slightly more attainable.

October 2, 2020
Business, Technology, Fuel

Nikola Postpones Forum Where Electric Pickup Was to Debut

Nikola Corp. is rescheduling its in-person Nikola World conference, where it was planning to show its electric pickup truck, as the company regroups in the wake of a stock sell-off and the departure of its chairman.

September 30, 2020