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Automakers Embrace EVs, but What About Buyers?

DETROIT — The world’s major automakers have made something abundantly clear: They believe electric vehicles will dominate their industry in the years ahead. But do customers feel the same way?

March 15, 2021

Tesla Names Jerome Guillen President of Heavy Trucking

Tesla Inc. said Jerome Guillen, who’s been president of automotive since September 2018, transitioned last week to president of Tesla heavy trucking.

March 15, 2021

Tesla Shares Drop After Fire at EV Maker’s California Plant

Tesla Inc. shares fell a day after firefighters responded to an incident at the company’s factory in Fremont, Calif., containing a blaze in an area of the property under construction.

March 12, 2021

Minnesota Proposal Would Tax Electricity as Fuel

As gas tax revenue declines because more people are buying electric vehicles, a Minnesota lawmaker has proposed a bill that would tax electricity as fuel at charging stations for electric vehicles.

March 3, 2021

VW’s Electric Car Stacks Up Well Against Tesla, Analyst Says

A teardown of Volkswagen AG’s first dedicated electric vehicle found it measures up favorably with Tesla Inc. models in several key aspects, sending the German carmaker’s shares to levels last seen before its diesel emissions scandal.

March 3, 2021

Workhorse Passed Over as Oshkosh Wins USPS EV Contract

Electric-vehicle maker Workhorse Group Inc. plunged on Feb. 23, triggering multiple trading halts, after a key U.S. Postal Service contract that some had expected it to win went to rival Oshkosh Corp. instead.

February 24, 2021

Tesla Stock Wipes Out Gains for the Year

Tesla Inc. shares wiped out their year-to-date gains Feb. 23 and briefly traded below the level where they were when the electric carmaker entered the S&P 500 Index in December.

February 23, 2021

Nikola Two Truck Will Run 900 Miles on Tank of Hydrogen, Company Says

Nikola Corp. announced updates on its zero-emission hydrogen fuel-cell electric commercial truck program as the company vied for attention beside other truck makers in an increasingly crowded space it helped create in 2016 with its introductory announcement.

February 23, 2021

Xos to Go Public and Expand Battery-Electric Vehicle Production

Xos Inc., a 5-year-old truck maker focused on delivering battery-electric commercial vehicles in Classes 5-8, announced a definitive agreement to go public through a business combination with NextGen Acquisition Corp., a publicly traded special purpose acquisition company based in Boca Raton, Fla.

February 22, 2021