Latest Electric vehicles News
Plug it in: Electric car charging station numbers are rising
DETROIT (AP) — When the electric car revolution arrives, will there be enough places to plug in? There are now 26,000 electric vehicle charging stations open to the public in the U.S., with more than 84,000 plugs. But the country, and the world, will need thousands more if drivers are going to adopt...
Tesla makes $104M profit in 2Q despite factory shutdown
DETROIT (AP) — Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter. It was the electric car and solar panel maker’s fourth-straight profitable quarter, qualifying it to be included in the S&P...
Tesla picks Texas site for second US vehicle assembly plant
Electric car maker Tesla Inc. has picked the Austin, Texas, area as the site for its largest auto assembly plant employing at least 5,000 workers. The new factory will build Tesla’s upcoming Cybertruck pickup and will be a second U.S. manufacturing site for the Model Y small SUV, largely for distribution...
Tesla's spent a year terrifying, electrifying Wall Street
DETROIT (AP) — Tesla's losses were mounting last summer, massive debt payments were looming, and both Wall Street and federal regulators had run out of patience with the erratic behavior of CEO Elon Musk. One year ago this week, shares plunged 14% after Tesla posted another quarterly loss, this one for...
States set goals to jump-start transition to electric trucks
ALBANY, N.Y. (AP) — A coalition of states is following California’s lead in setting goals to jump-start a transition to electric-powered trucks, vans and buses in order to reduce greenhouse gas emissions and improve air quality for communities choked by diesel fumes. The 15 states, plus Washington,...
Hyundai recalls 272K US cars; electrical outlet can overheat
DETROIT (AP) — Hyundai is recalling more than 272,000 cars in the U.S. because the electrical socket in the dashboard can overheat and cause a fire. The recall covers certain 2011 and 2012 Elantra compacts and Sonata midsize cars, and the 2012 Accent subcompact and Veloster hatchback. Hyundai says the...
Europe's shift to electric cars picks up despite recession
FRANKFURT, Germany (AP) — The coronavirus has cancelled business plans all over the world but Europe's push into electric cars isn't one of them. Sales of battery-powered and hybrid cars have held up better than the overall market amid a deeply painful recession, mainly thanks to the action of governments....
Nissan rolls out new electric crossover, aims to boost image
TOKYO (AP) — Nissan unveiled an electric crossover vehicle Wednesday, the Japanese automaker’s first major all-new model since getting embroiled in the scandal surrounding its former chairman, Carlos Ghosn. At its global premiere in Yokohama, Japan, the new vehicle, “Ariya" was billed as...
Electric vehicle startup Rivian gets $2.5B in added funding
DETROIT (AP) — Electric vehicle startup Rivian says it has raised another $2.5 billion in funding from accounts advised by investment firm T. Rowe Price. The company has a contract with Amazon to build 100,000 electric delivery vans starting next year at its factory, a former Mitsubishi plant in Normal,...
Citroen unveils new hatchback as virus pushes event online
FRANKFURT, Germany (AP) — PSA Group unveiled one of its most important new models Tuesday with 20 people physically present and 2,600 watching online - a marketing configuration that the coronavirus seems likely to accelerate across the industry now that next year's Geneva auto show was cancelled. The...
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