Electric Vehicles

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NY State Public Service Commission Approves 29 Power Projects, Valued at $636.2 Million

Electric Vehicles, Electricity Grid, Emission Reduction, Energy Topics & Technology, Latest, US News / By

June 12 (Reuters) – The New York State Public Service Commission approved 29 infrastructure projects worth $636.2 million, enabling 642 megawatts of electrification upgrades, the commission said on Thursday. These projects were proposed by Consolidated Edison (ED.N), Niagara Mohawk Power Corporation, New York State Electric & Gas Corporation (NYSEG), and Rochester Gas and Electric Corporation …

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Tesla Hit With Pair of Downgrades Amid Fallout From Trump Feud

Electric Vehicles, Energy Topics & Technology, Latest, US News / By

Shares are down about 27 per cent in 2025, making it the weakest performer of the so-called Magnificent Seven stocks Bloomberg News Tesla Inc. received a pair of downgrades on Monday, with analysts warning that Elon Musk’s electric-vehicle company is facing a highly uncertain outlook, especially on the political front. The stock fell 1.1 per cent in …

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Musk Departs U.S. Government With Business Empire in Flux

Electric Vehicles, Energy Topics & Technology, Latest, US News / By

By law, Musk’s status as a temporary government official was set to run out as soon as May 30 By Gregory Korte, Jennifer A. Dlouhy and Dana Hull Billionaire Elon Musk said Wednesday that his time as formal adviser to United States President Donald Trump is coming to a close, raising questions about the future …

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Tesla’s Monthly Sales in Europe Plunge by Half, Signalling Musk Backlash Runs Deep

CDN and International News, Electric Vehicles, Energy Topics & Technology, Latest / By

Tesla has been reeling from protests and boycotts over Musk wading into politics, but it also faces other factors The Associated Press Tesla’s monthly sales in Europe plunge by half, signalling Musk backlash runs deep Tesla sales across Europe plunged by half last month even as growth in the electric car market picked up pace, according to data released Tuesday. …

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Panasonic CEO Says Battery Plans Align With Slower EV Demand

Batteries, Electric Vehicles, Energy Topics & Technology, Latest, US News / By

  Panasonic’s decision not to expand battery production capacity has been validated by slower global demand for electric vehicles. The company is preparing to start production at a second US-based factory in Kansas, but has frozen plans for a third plant, and may benefit from having US factories as Tesla and others seek to reduce …

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GM, LG to Make New, Lower-Cost Cells for Future EVs

Electric Vehicles, Energy Topics & Technology, Latest, US News / By

By Kalea Hall DETROIT, May 13 (Reuters) – General Motors (GM.N) and battery partner LG Energy Solution (373220.KS) are planning to start commercial production of lower-cost cells for future electric vehicles at a U.S. facility starting in 2028, the companies said on Tuesday. The cells will have a lithium manganese-rich (LMR) chemistry, which GM says …

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GOP to Phase Out Biden Energy Credits to Pay for Tax Cuts

Electric Vehicles, Energy Topics & Technology, Latest, US News / By

By Ari Natter House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives to develop clean-energy projects to help pay for President Donald Trump’s massive tax package. The incentives put in place by former President Joe Biden’s signature climate law have been ripe targets for lawmakers looking for trillions …

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Panasonic to Slash 10,000 Jobs in Shift to Data, Energy Storage

Batteries, Electric Vehicles, Energy Storage, Energy Topics & Technology, Latest, US News / By

Panasonic shares are up only five per cent since the start of the year, hurt by fears about EV sales and U.S. tariffs By Yuki Furukawa Panasonic Holdings Corp. is slashing headcount by 10,000, or more than 4 per cent, part of a push to cull non-growth operations and boost profitability. The supplier of lithium-ion …

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Tesla Chair Denies Reported CEO Search, Backs Elon Musk

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Musk acknowledged during Tesla’s earnings call that there had been “some blowback” over his time leading DOGE Tesla Inc.’s chair denied a report that said board members started a search for a chief executive to succeed Elon Musk, saying directors are “highly confident” in his abilities. The Wall Street Journal reported late Wednesday that unidentified …

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