Latest Electric vehicles News
After years-long effort, IndyCar is ready to unveil its hybrid engine system this weekend in Ohio
INDIANAPOLIS (AP) — On the second floor of an upscale steakhouse in downtown Indianapolis, just days before their engines would be put to the test against each other in the Indianapolis 500, engineers from Chevrolet and Honda sat side-by-side and shared a toast. In a collaboration...
Chinese firms eye Morocco as way to cash in on US electric vehicle subsidies
TANGIERS, Morocco (AP) — After the United States passed new subsidies designed to boost domestic electric vehicle production and cut into Beijing’s supply chain dominance, Chinese manufacturers began investing in an unlikely place: Morocco. In the rolling hills near Tangiers and...
Hurricane season 2024 is here. Here's how to stay prepared
WEST PALM BEACH, Fla. (AP) — Hurricane season is upon us, known for disastrous flooding and high-speed winds in coastal areas of the United States and in the Caribbean and Central America, and emergency management officials are urging people to stay prepared. Unlike previous...
Tesla sales fall for second straight quarter despite price cuts, but decline not as bad as expected
DETROIT (AP) — Tesla's global sales fell for the second straight quarter despite price cuts and low-interest financing offers, another sign of weakening demand for the company's products and electric vehicles overall. The Austin, Texas, company said Tuesday that it sold 443,956...
US new-vehicle sales barely rose in the second quarter as buyers balked at still-high prices
DETROIT (AP) — U.S. new-vehicle sales rose only slightly in the second quarter, despite larger discounts and slightly lower prices. But brisker sales could be on the horizon: Auto industry analysts say they expect prices to drop further and there's a possibility of interest-rate...
Tesla, Archer Aviation rise; Eli Lilly falls, Tuesday, 7/2/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday: Paramount Global, up 58 cents to $10.72. Digital-media conglomerate IAC is reportedly considering a bid to take control of the owner of CBS and Paramount Studio. ...
Maryland hikes vehicle registration fees and tobacco taxes
ANNAPOLIS, Md. (AP) — Maryland vehicle registration fees and tobacco taxes rose Monday to help pay for transportation projects and education. State lawmakers approved the vehicle registration hikes this year to help boost the state's Transportation Trust Fund. Lawmakers also...
Surveys show Chinese economy growing but at modest pace
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
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
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...
