Tesla hiked prices across its models as recently as June, increasing the cost of its Model Y long-range from $62,990 to $65,990. Go to Source
Author: CNBC Online news
General Motors will build a network of EV fast chargers at Pilot travel centers along U.S. highways
GM and EVgo will install EV fast chargers at 500 Pilot and Flying J locations along U.S. highways, enabling coast-to-coast travel. Go to Source
Hyundai unveils new Ioniq 6 EV — an ‘electrified streamliner’ with unique design
The Ioniq 6 will be Hyundai’s third all-electric vehicle in the U.S. following the Kona and Ioniq 5 crossovers. Go to Source
Tesla AI leader Andrej Karpathy announces he’s leaving the company
Big changes are afoot within Tesla’s Autopilot unit as AI leader Andrej Karpathy announces he’s no longer working for the company. Go to Source
Americans are paying record-high prices for new vehicles
If investors are looking for signs of a recession or weakening consumer spending, they can skip over new vehicle prices, which reached a new record in June. Go to Source
Panasonic reportedly building new factory in Kansas to produce batteries for Tesla and rest of EV industry
The Panasonic plant will reportedly supply Tesla, whose demand for batteries is increasing as it ramps up production. Go to Source
Polestar says it’s still on track to deliver 50,000 vehicles this year despite Covid-19 disruptions
Polestar’s first-half deliveries were hurt by China’s Covid-19 lockdowns, but the electric vehicle maker still expects to meet its full-year guidance. Go to Source
Shares of Tianqi Lithium fell as much as 10% in first day of trading in Hong Kong
Shares of Tianqi Lithium fell as much as 10% in their Hong Kong market debut Wednesday before closing flat. Go to Source
Electric vehicle startup Lordstown Motors names new CEO following Foxconn deal
Veteran engineer Edward Hightower will lead Lordstown as it transitions to product development. Go to Source
Shares of EV maker Canoo surge after Walmart agrees to buy 4,500 electric delivery vans
Walmart will buy at least 4,500, and up to 10,000, of Canoo’s electric delivery vans. Go to Source