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, 2019electric vehicle News Updates
Tesla Plunges as Delivery Drop Deepens Demand Concerns
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, 2019Maine 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, 2019Chattanooga 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, 2019VW 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, 2019VW 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, 2019How 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, 2019Tesla’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, 2019VW 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, 2019Tesla 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, 2019Follow Us
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