Latest Electric vehicles News

Surveys show Chinese economy growing but at modest pace

Jul. 01, 2024 04:48 AM EDT

BANGKOK (AP) — Surveys of Chinese factory managers showed a mixed outlook for the world's second-largest economy in June, with growth steady but not picking up much steam. The China Federation of Logistics and Purchasing's official purchasing managers index, or PMI, remained at...

Swedish police investigate three unexplained deaths at an electric vehicle battery plant

Jun. 27, 2024 07:21 AM EDT

COPENHAGEN, Denmark (AP) — Police in northern Sweden said Thursday they were looking into the unexplained deaths of three men who had died within a short period after working at an electric vehicle battery plant in the Arctic. They want to find out whether the deaths are linked, whether a crime...

Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers

Jun. 27, 2024 07:05 AM EDT

WASHINGTON (AP) — It's a scenario that terrifies America's auto industry. Chinese carmakers set up shop in Mexico to exploit North American trade rules. Once in place, they send ultra-low-priced electric vehicles streaming into the United States. As the Chinese EVs...

Prospect of low-priced Chinese EVs reaching US from Mexico poses threat to automakers

Jun. 27, 2024 03:04 AM EDT

WASHINGTON (AP) — It's a scenario that terrifies America's auto industry. Chinese carmakers set up shop in Mexico to exploit North American trade rules. Once in place, they send ultra-low-priced electric vehicles streaming into the United States. As the Chinese EVs...

Tesla ordered to stop releasing toxic emissions from San Francisco Bay Area plant

Jun. 26, 2024 20:27 PM EDT

FREMONT, Calif. (AP) — Tesla must fix air quality problems at its electric vehicle manufacturing facility in the San Francisco Bay Area after racking up more than 100 violations for allegedly releasing toxic emissions into the atmosphere over the last five years, an air quality board said...

How major US stock indexes fared Wednesday, 6/26/2024

Jun. 26, 2024 16:41 PM EDT

Stocks drifted to a mixed close near the all-time highs they set last week. The S&P 500 index edged up 0.2% Wednesday. The Nasdaq composite rose 0.5%, and the Dow Jones Industrial Average edged up less than 0.1%. The majority of stocks in the S&P 500 fell. ...

General Mills, Worthington fall; FedEx, Rivian rise, Wednesday, 6/26/2024

Jun. 26, 2024 16:22 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Wednesday: FedEx Corp., up $39.81 to $296.19. The package delivery service's fiscal fourth-quarter financial results beat Wall Street forecasts. General Mills Inc., down...

Rivian shares soar on massive cash injection from Volkswagen, starting immediately with $1 billion

Jun. 26, 2024 08:46 AM EDT

Shares of Rivian soared 40% before markets opened Wednesday after Volkswagen vowed to invest $1 billion in the struggling electric vehicle maker immediately, and a potential total of up to $5 billion as part of a software development agreement. Rivian's market value soared close to...

Don't want a hybrid? Edmunds picks SUVs that will still save you money at the pump

Jun. 26, 2024 06:27 AM EDT

Driving a new SUV and saving money at the pump is possible, and you don’t need to get a hybrid or electric vehicle. From small crossovers to large traditional SUVs, there are fuel-efficient models on sale now that don’t require paying a premium for electrification. Based on...

Massachusetts Senate approves bill to expand reliance on renewable energy

Jun. 25, 2024 21:52 PM EDT

BOSTON (AP) — The Massachusetts Senate approved a bill Tuesday aimed at expanding the adoption of renewable energy in a bid to help Massachusetts meet its climate goals, including reaching net zero greenhouse gas emissions by 2050. Supporters say the proposal will help lower...