Latest Electric vehicles News

Stock market today: Wall Street heads higher as Nvidia shines; Japan's Nikkei 225 breaks 1989 record

Feb. 22, 2024 07:46 AM EST

Wall Street continued to push higher overnight and into Thursday morning as chipmaker Nvidia issued another strong earnings report, while Japan’s Nikkei 225 benchmark surged to an all-time high. Tokyo’s benchmark closed at 39,098.68 on Thursday. Its previous record was 38,915.87,...

Lucid Group: Q4 Earnings Snapshot

Feb. 21, 2024 17:15 PM EST

NEWARK, Calif. (AP) — NEWARK, Calif. (AP) — Lucid Group, Inc. (LCID) on Wednesday reported a loss of $653.8 million in its fourth quarter. The Newark, California-based company said it had a loss of 29 cents per share. The results missed Wall Street expectations....

Edmunds: Five things you need to know before buying a used EV

Feb. 21, 2024 07:56 AM EST

Buying any car is complicated. Want to make it even more complicated? Consider buying a used electric vehicle. There are good reasons to consider a used electric vehicle. Perhaps you want an EV as an additional household vehicle — for your teenager who just started to drive,...

Editorial Roundup: Michigan

Feb. 19, 2024 15:02 PM EST

Traverse City Record-Eagle. February 16, 2024. Editorial: Jail diversion corrects the systems A young man overdoses, and is so far gone that six doses of Narcan are required to bring him back to life. That night, the 21-year-old cried for hours because...

Biden admin providing $1.5 billion to GlobalFoundries to make computer chips in New York and Vermont

Feb. 19, 2024 05:36 AM EST

WASHINGTON (AP) — The Biden administration said Monday that the government intends to provide $1.5 billion to the computer chip company GlobalFoundries to expand its domestic production in New York and Vermont. The announcement is the third award of direct financial support for a...

Maryland Gov. Wes Moore unveils $90M for environmental initiatives

Feb. 16, 2024 14:48 PM EST

ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore highlighted $90 million on Friday as a down payment to help reach the state's ambitious goal to reduce greenhouse gas emissions to fight climate change. The money is set aside for three distinct initiatives, including $17 million to buy...

Legislature and New Mexico governor meet halfway on gun control and housing, but paid leave falters

Feb. 15, 2024 22:25 PM EST

SANTA FE, N.M. (AP) — New Mexico's Democrat-led Legislature delivered on a handful of the governor's major priorities in her calls for public safety reforms, gun control, housing construction and the use of incentives to forge new solutions to climate change as lawmakers adjourned their 30-day...

Ford CEO says company will rethink where it builds vehicles after last year's autoworkers strike

Feb. 15, 2024 17:40 PM EST

DETROIT (AP) — Last fall's contentious United Auto Workers' strike changed Ford's relationship with the union to the point where it will “think carefully” about where it builds future vehicles, Ford's top executive said Thursday. CEO Jim Farley told the Wolfe Research Global...

Carmaker Stellantis CEO wary of Chinese offensive as market moves into electric vehicles

Feb. 15, 2024 16:16 PM EST

MILAN (AP) — Stellantis CEO Carlos Tavares has his attention fixed on Chinese competitors as the automaker amps up the launch of its electric vehicle strategy. Stellantis will launch 18 new electric vehicles this year, eight of those in North America, increasing its global EV...

Volkswagen-backed Scout Motors, in nod to past, toasts start of construction of electric SUV plant

Feb. 15, 2024 14:12 PM EST

BLYTHEWOOD, S.C. (AP) — Scout Motors celebrated the start of construction on its $2 billion electric SUV plant in South Carolina on Thursday not with a line of people in suits with shovels but with a nod to the company's gasoline-powered past. A fleet of old Scout vehicles drove a...