Charging points at an underground car park in England. The number of EVs on our roads is increasing. Peter Titmuss/UCG | Universal Images Group | Getty Images Driving is changing. Today, hybrids and pure electric vehicles are a common sight around the world, and the overall size and heft of cars — whether they’re fully… Continue reading As EV sales surge and cars get heavier, parking garages will have to change
Author: CNBC Online news
Rivian reports better-than-expected EV deliveries for the third quarter
Mike Blake | Reuters Rivian Automotive on Monday reported record third-quarter electric vehicle deliveries and said it remains on track to produce 52,000 EVs in 2023. The company said it delivered 15,564 vehicles during the period, up 23% from the second quarter of 2023 and ahead of Wall Street estimates. Analysts surveyed by FactSet had… Continue reading Rivian reports better-than-expected EV deliveries for the third quarter
Tesla reported 435,059 deliveries for the third quarter, and production of 430,488 vehicles
Tesla vehicles waiting to be loaded on board a cargo vessel at Nangang port, in Shanghai, China, on Sept. 6, 2023. Vcg | Visual China Group | Getty Images Tesla posted its third-quarter vehicle production and delivery report for 2023 on Monday. Here are the key numbers from the electric vehicle maker: Total deliveries Q3 2023: 435,059 Total production… Continue reading Tesla reported 435,059 deliveries for the third quarter, and production of 430,488 vehicles
CNBC Daily Open: Oversold in September, bounce in October?
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to… Continue reading CNBC Daily Open: Oversold in September, bounce in October?
How Tesla is at the center of the UAW strikes
The UAW strikes hitting the Detroit Three automakers — GM, Ford and Stellantis — could widen the electric vehicle gap between them and Tesla, which already controls 60 percent of the EV market. The three Detroit automakers all use union labor, and those workers are represented by the United Auto Workers union — Tesla does… Continue reading How Tesla is at the center of the UAW strikes
Ford CEO says UAW is ‘holding the deal hostage’ over EV battery plants
Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT — The United Auto Workers union is holding up negotiations with Ford Motor over future electric vehicle battery plants, Ford CEO Jim Farley said during a press… Continue reading Ford CEO says UAW is ‘holding the deal hostage’ over EV battery plants
UAW announces new strikes at GM and Ford plants, spares Stellantis citing ‘momentum’ in talks
watch now DETROIT – The United Auto Workers union will expand strikes against General Motors and Ford Motor to two U.S. assembly plants at noon ET, UAW President Shawn Fain said Friday. The additional strikes will target Ford’s Chicago Assembly Plant in Illinois, which produces the Ford Explorer and Lincoln Aviator SUVs, and GM’s Lansing… Continue reading UAW announces new strikes at GM and Ford plants, spares Stellantis citing ‘momentum’ in talks
A big EV purchase decision that’s not about the car model you buy
Tesla electric car in driveway being charged at a home with an EV charger in residential neighborhood, Moscow, Idaho. Ucg | Universal Images Group | Getty Images As all-electric vehicles become more popular and incentives for renewable energy proliferate, many early EV adopters may be reconsidering their home charging needs. The decision to upgrade from… Continue reading A big EV purchase decision that’s not about the car model you buy
Automakers grow frustrated over pace of UAW negotiations as new strike deadline looms
Striking members of the United Auto Workers (UAW) picket outside the GM’s Willow Run Distribution Center, in Bellville, Wayne County, Michigan, U.S., September 26, 2023. Evelyn Hockstein | Reuters DETROIT – Tensions are rising and accusations are flying between the Detroit automakers and United Auto Workers, as the union threatens to expand U.S. plant strikes… Continue reading Automakers grow frustrated over pace of UAW negotiations as new strike deadline looms
EEOC sues Tesla, alleging widespread racist harassment of Black workers, retaliation against those who spoke out
Vehicles pass the Tesla Inc. assembly plant in Fremont, California, on May 11, 2020. David Paul Morris | Bloomberg | Getty Images The U.S. Equal Employment Opportunity Commission has sued Tesla, accusing Elon Musk’s electric car maker of violating “federal law by tolerating widespread and ongoing racial harassment of its Black employees and by subjecting… Continue reading EEOC sues Tesla, alleging widespread racist harassment of Black workers, retaliation against those who spoke out