Latest Electric vehicles News

U.S. pushes for Ukraine aid, united front against China's trade practices at G7 finance meeting

May. 24, 2024 04:51 AM EDT

FRANKFURT, Germany (AP) — The U.S. sought to build support for squeezing more money for Ukraine out of frozen Russian assets and for uniting against China’s aggressive trade practices as finance ministers from the Group of Seven rich democracies opened a two-day meeting on Friday on the shores...

With Ukraine losing ground, allies debate how to squeeze cash for Kyiv out of frozen Russian assets

May. 23, 2024 13:01 PM EDT

FRANKFURT, Germany (AP) — Ukraine's allies are wrestling with how to squeeze money out of frozen Russian assets to support Kyiv's war effort, a debate getting more urgent as Russia gains territory on the battlefield and as the outlook for Ukraine’s state finances looks shakier. ...

Editorial Roundup: New York

May. 23, 2024 12:52 PM EDT

Jamestown Post-Journal. May 22, 2024. Editorial: The Reverse Robin Hood Of State’s EV Rebate Program Did Robin Hood get it wrong? Did the famous swashbuckling character created by Howard Pyle in the 1880s miss the boat when he robbed the rich to give...

EV maker Tesla breaks ground on Megapack energy storage battery factory in Shanghai

May. 23, 2024 06:30 AM EDT

BEIJING (AP) — Electric vehicle maker Tesla has begun construction of a factory in Shanghai to make its Megapack energy storage batteries, Chinese state media reported Thursday. The $200 million plant in Shanghai’s Lingang pilot free trade zone will be the first Tesla battery...

Average US vehicle age hits record 12.6 years as high prices force people to keep them longer

May. 22, 2024 17:15 PM EDT

DETROIT (AP) — Cars, trucks and SUVs in the U.S. keep getting older, hitting a record average age of 12.6 years in 2024 as people hang on to their vehicles largely because new ones cost so much. S&P Global Mobility, which tracks state vehicle registration data nationwide, said...

How is the violent unrest in New Caledonia impacting global nickel prices?

May. 22, 2024 06:57 AM EDT

JAKARTA, Indonesia (AP) — Global nickel prices have soared since deadly violence erupted in the French Pacific territory of New Caledonia last week. The overseas territory, which has been under French rule for over 170 years, is a major global producer of the critical material...

Edmunds: The Four Best Auto Deals for Memorial Day Weekend

May. 22, 2024 06:27 AM EDT

Memorial Day weekend is often considered to be the kick-start to summer and, for car shoppers looking for the best finance and lease deals, a great opportunity to take advantage of a marketplace finally returning to normalcy. “It’s time for car shoppers to dust off their old,...

Group of Tesla shareholders ask investors to vote against Musk's compensation package

May. 21, 2024 10:29 AM EDT

A group of Tesla shareholders is asking investors to vote against a compensation package worth more than $40 billion for CEO Elon Musk, saying that it's not in the electric vehicle maker's best interest. Tesla is struggling with falling global sales, slowing electric vehicle demand,...

Corn, millet and ... rooftop solar? Farm family’s newest crop shows China’s solar ascendancy

May. 20, 2024 21:10 PM EDT

JINAN, China (AP) — Shi Mei and her husband earn a decent enough living by growing corn and millet on their small farm in eastern China's Shandong province. In 2021, they diversified by investing in solar energy — signing a contract to mount some 40 panels on their roof to feed energy to the...

Company wins court ruling to continue development of Michigan factory serving EV industry

May. 20, 2024 12:59 PM EDT

GREEN TOWNSHIP, Mich. (AP) — A judge has ordered a Michigan community to stop blocking efforts to bring a major electric vehicle battery business to a rural region. Gotion, a China-based manufacturer, was granted a preliminary injunction Friday after arguing that Mecosta County's...