Latest Electric vehicles News

Renault, Nissan to invest $26B in future electric vehicles

Jan. 27, 2022 04:46 AM EST

TOKYO (AP) — The French-Japanese auto alliance of Renault and Nissan plans to invest 23 billion euros ($26 billion) in electric vehicle technology over the next five years, the companies said Thursday. The alliance, which also includes smaller Japanese automaker Mitsubishi Motors...

Tesla posts record profit, won't produce new models in 2022

Jan. 26, 2022 19:46 PM EST

DETROIT (AP) — Tesla Inc. on Wednesday posted record fourth-quarter and full-year earnings as deliveries of its electric vehicles soared despite a global shortage of computer chips that has slowed the entire auto industry. Although the company predicted it would be able to build...

Biden cancels lease renewals for proposed Minnesota mine

Jan. 26, 2022 17:47 PM EST

The Biden administration on Wednesday canceled a move by former President Donald Trump to renew mineral rights leases for a proposed Twin Metals copper-nickel mine in northeastern Minnesota. Trump had signed an order a month before the 2020 presidential election declaring a national...

UK's Bentley pouring billions into electric car overhaul

Jan. 26, 2022 06:04 AM EST

LONDON (AP) — Luxury automaker Bentley said Wednesday it is pouring billions into upgrading manufacturing to accelerate its electric vehicle development plan, joining other auto brands shifting away from gasoline engines. U.K.-based Bentley Motors said that it's investing 2.5...

GM to spend nearly $7B on EV, battery plants in Michigan

Jan. 25, 2022 15:18 PM EST

LANSING, Mich. (AP) — General Motors is making the largest investment in company history in its home state of Michigan, announcing plans to spend nearly $7 billion to convert a factory to make electric pickup trucks and to build a new battery cell plant. The moves, announced...

GM to spend $6.5B, add 4,000 jobs at Michigan EV factories

Jan. 21, 2022 20:27 PM EST

LANSING, Mich. (AP) — General Motors is poised to announce next week major electric-vehicle investments in Michigan, with plans to spend $6.5 billion and create up to 4,000 new jobs at two plants. The state's economic development board is expected to approve an incentives package...

GM renovating NY factory so it can make electric motor parts

Jan. 21, 2022 13:33 PM EST

LOCKPORT, N.Y. (AP) — General Motors says it will spend about $154 million to revamp an aging factory near Buffalo, New York, so it can make a key part for electric vehicle motors. The automaker says it will add about 230 jobs at the factory in Lockport, about 30 miles (48...

Serbia scraps planned Rio Tinto lithium mine after protests

Jan. 20, 2022 15:07 PM EST

BELGRADE, Serbia (AP) — Trying to defuse large protests by environmentalists, Serbia’s populist government said Thursday that it was canceling all licenses for mining giant Rio Tinto to open a lithium mine in the Balkan country. “We have fulfilled all the requests of the...

North Carolina manufacturer to close, puts 475 out of work

Jan. 20, 2022 13:32 PM EST

GREENVILLE, N.C. (AP) — A North Carolina manufacturing plant which makes small engines for windshield wipers, electric windows and other car parts says it is shutting down, putting nearly 500 people out of a job. DENSO Manufacturing told local economic development officials on...

Michigan governor releases plan draft for carbon neutrality

Jan. 20, 2022 12:48 PM EST

LANSING, Mich. (AP) — Michigan will build clean energy infrastructure and invest in green programs over the next 30 years with the goal of becoming carbon neutral by 2050 to confront climate change, a draft of a state plan says. Gov. Gretchen Whitmer committed Michigan to the 2050...