electric vehicle News Updates

Business, Technology, Equipment, Fuel, TCA

EVs Lose Range When Carrying Added Weight, AAA Test Shows

Electric vehicles lose a significant amount of range when loaded with heavy cargo, according to a new AAA study released June 13.

June 13, 2023
Business, Technology, Fuel

More Charging Companies Plan to Be Compatible With Tesla

Tesla Inc.’s charging technology won more backers as a handful of players in the electric vehicle power industry said they would offer compatible equipment.  

June 12, 2023
Business, Technology, Equipment, Fuel

Medium-Duty Segment Offers Entrée to Fleet Electrification

With its potential use and broader recharging capabilities, the medium-duty truck market will adopt battery-electric vehicles faster than the heavy-duty one will, experts say.

June 11, 2023
Business, Technology, Equipment, Fuel

Tesla Eyes $3 Billion Boost From Chargers at Rivals’ Expense

Tesla Inc. may earn as much as $3 billion by 2030 thanks to deals with Ford Motor Co. and General Motors Co. for their electric vehicles to use its charging network, according to one analyst.

June 9, 2023
Government, Business, Fuel

Lordstown Motors to Sue Foxconn Over Stalled Investment

Lordstown Motors Corp. intends to sue backer Foxconn Technology Group as the companies remain at odds over a stalled investment in the EV startup.

June 9, 2023
Business, Equipment, Fuel

GM’s EVs Will Gain Access to Tesla’s Charging Network

DETROIT — Electric vehicles made by General Motors will be able to use much of Tesla’s charging network beginning early next year under an agreement the two companies announced June 8.

June 8, 2023
Business, Technology, Fuel

EV Sales Are Soaring as Oil Use Is About to Peak

The share of electric vehicles in sales of new passenger vehicles is set to more than double globally in the next few years — to 30% in 2026.

June 8, 2023
Government, Business, Fuel

Kentucky Pauses Incentives for Microvast Over China Concerns

NASHVILLE, Tenn. — Kentucky officials say they are pausing $21 million in economic incentives to Microvast for a proposed electric vehicle battery facility.

June 5, 2023
Government, Business, Technology

Tesla, Battery Partner Get $1.8 Billion From Biden’s IRA

Elon Musk is getting more firepower for his electric vehicle price war thanks to President Joe Biden’s signature climate legislation.

June 2, 2023
Government, Business, Fuel

Rivian May Lose Nasdaq Spot After 90% Selloff

Rivian Automotive Inc. may get pushed out of the Nasdaq 100 Index as early as this month after plunging more than 90% from its record high, according to JP Morgan Securities.

June 1, 2023