electric vehicle News Updates

Business, Technology

Tesla Plunges as Delivery Drop Deepens Demand Concerns

Tesla Inc. shares plummeted as a record decline in deliveries during the first quarter stoked concern of slackening demand for the Model 3 sedan that started selling less than two years ago.

April 4, 2019
Business, Technology, Logistics

Tesla’s Model 3 Shatters Record in Electric Car-Crazy Norway

Just weeks after Tesla Inc. started rolling out its Model 3 in Europe, the electric-car manufacturer has beaten the monthly sales record in its key Norwegian market by a wide margin.

March 26, 2019
Government, Technology, TCA

Maine to Give $5.1 Million in Subsidies for EV Purchases

Maine will provide a $5.1 million subsidy and add at least 50 public vehicle charging stations to encourage residents and companies to buy all-electric vehicles.

March 21, 2019
Business, Technology, TCA

Chattanooga VW Will Source EV Batteries From New Georgia Factory

Volkswagen’s Chattanooga, Tenn., electric vehicle assembly plant will use batteries produced at a $1.67 billion factory in Georgia.

March 20, 2019
Business, Technology, Autonomous

VW to Cut Jobs, Costs in Transition to Electric, Autonomous Cars

Volkswagen AG’s main car brand plans to deepen cost cuts and ax more jobs as profits slip in the industry’s shift to electric and self-driving cars.

March 13, 2019
Business, Technology

VW Boosts EV Push to 22 Million Cars as Porsche, Audi Slip

Volkswagen AG aims to produce almost 50% more electric cars than it targeted previously, boosting a bet that has already strained profit margins.

March 12, 2019
Business, Technology

How the Cobalt Market Fell Victim to Allure of Electric Cars

Cobalt prices were surging so much last year that thieves were carrying out elaborate heists at warehouses in Europe’s busiest port. Now, prices are in free fall, and mining companies are taking the financial hit.

March 1, 2019
Business, Technology, Equipment

Tesla’s Model 3 Dominated Global Electric-Car Market in 2018

Tesla Inc.’s Model 3 sedan took command of the global electric-car market last year, outselling the nearest competitor by about 50%.

February 25, 2019
Government, Business, Technology, Fuel

VW Targets Carbon-Neutral Production for First Electric Car

Volkswagen AG plans to save 1 million tons of carbon-dioxide emissions a year by making production of its first electric model carbon neutral, part of an effort to clean up its image in the aftermath of the diesel-cheating scandal.

February 15, 2019
Business, Technology

Tesla CEO Elon Musk Visits Norway to Address Service Capacity Issues

Tesla Inc. CEO Elon Musk visited Norway to accelerate a fix to service capacity in a key market for the carmaker after delays and bottlenecks angered customers in Scandinavia’s richest nation.

February 11, 2019