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One of the biggest problems facing Tesla these days is the fact there are plenty of other EV options to choose from By Hannah Elliott Tori Horowitz loved her 2021 Tesla Model S. “It worked for my life because I’m in my car all the time,” says the realtor, who drives weekly from Los Angeles …
Elon Musk Alone Can’t Explain Tesla’s Owner Exodus Read More »
China’s rapid adoption of electric trucks — which overtook gas-powered vehicle sales for the first time last year — is threatening a key source of demand for the country’s suppliers of the fossil fuel. Sales of heavy-duty trucks powered by batteries and other new energy sources hit a record in December, helping lift the full-year …
China’s Electric Truck Boom Poses New Threat to Demand for LNG Read More »
With EV incentives no longer available, hybrid vehicle sales are gaining speed Takeaways by Bloomberg AI Hybrid vehicles are in high demand, with nearly one in six new cars predicted to be a hybrid next year, according to CarGurus Inc. The EV market is slowing in the US, with sales expected to plunge 30% in the …
How Hybrid Models Are Helping Keep Automakers’ Electrification Plans Afloat Read More »
Automaker is cancelling a planned electric F-Series truck and shifting production toward gas and hybrid vehicles By Keith Naughton and Gabrielle Coppola Ford Motor Co. will take $19.5 billion in charges tied to a sweeping overhaul of its electric vehicle business after struggling for years to make it profitable. The majority of the charges will …
Ford to Take $19.5 Billion in Charges Tied to Sweeping EV Unwind Read More »
Musk and other executives blamed Tesla’s early-year sales shortcomings on transitioning the Model Y to a new design By Stefan Nicola Tesla Inc. posted some of its steepest sales declines this year in European markets, where the Elon Musk-led automaker is mired in a protracted slump. The most pronounced drop reported thus far was in …
Tesla Again Posts Steep Monthly Sales Declines Across Europe Read More »
The EV maker has a ‘range of different alternatives out there,’ including having more than one person run the company By Kara Carlson and Miguel Ambriz Tesla Inc. is prepared to name a new chief executive officer from inside the company if shareholders reject Elon Musk’s proposed US$1 trillion pay package and he steps down, …
Tesla Eyes Internal CEO Candidates if Musk Leaves Over Pay Vote Read More »
(Reuters) – Google has entered into the first corporate agreement to buy electricity from a U.S. power plant using carbon capture and storage in a deal to help fuel its data centers in the country’s Midwest region, the technology company said on Thursday. Big Tech’s plans to expand technologies like generative artificial intelligence, which will …
Google Backs US Gas Power Plant With Carbon Capture for Midwest Data Centers Read More »
EVs are no longer niche By Kyle Stock Americans bought 438,500 electric cars and trucks in the third quarter, as drivers raced to grab federal incentives before they expired Sept. 30. Those transactions, the highest number in a single quarter, comprised 11% of all new car sales, eclipsing the previous high point of 8.7%, according …
US Electric Vehicle Sales Hit a Record as Incentives Disappear Read More »
Despite coming off a record quarter of vehicle deliveries, Tesla’s global sales have fallen around six per cent year-to-date Bloomberg News While the company started building a more affordable model in June, they opted to put off production until after the U.S. phased out up to US$7,500 federal tax credits. Photo by Mike Stewart/AP Photo/Postmedia files …
Tesla Unveils Under-US$40,000 Versions of its Top-Selling EVs Read More »
(Reuters) – U.S. Energy Secretary Chris Wright said at a press conference in New York that his department would announce on Wednesday the return to the U.S. Treasury of $13 billion that was slated to subsidize wind, solar, batteries and electric vehicles. Reporting by Timothy Gardner; Editing by Mark Porter
