The Lordstown Endurance electric pickup will be hitting the road this fall, but it will be going off road before then. (Lordstown Motors) The Ohio-based startup is entering one of its trucks in the SCORE International San Felipe 250 race across Baja, Mexico in April. Lordstown Motors CEO Steve Burns told Fox News Autos in… Continue reading @niche: Press Lordstown Endurance electric pickup entering San Felipe 250 off-road race000640
Tag: Tesla
Ryder says EV startup Chanje owes millions for undelivered vans
Truck rental company Ryder says it’s owed nearly $4 million from EV startup Chanje after it failed to deliver 100 of the 125 vans promised back in 2017, according to a previously unreported lawsuit in Florida. The lawsuit comes as a massive shift toward electric propulsion is underway in the commercial vehicle space, with new… Continue reading Ryder says EV startup Chanje owes millions for undelivered vans
Volkswagen brand expects its 2021 electric car deliveries to double
By Bartosz Dabrowski 2 Min Read (Reuters) – Volkswagen expects to double electric vehicle deliveries and increase profits for its core brand this year after the world’s second-largest carmaker stepped up its switch to fully electric vehicles. Slideshow ( 2 images ) The brand will deliver more than 450,000 electric cars this year, the company… Continue reading Volkswagen brand expects its 2021 electric car deliveries to double
Volkswagen abruptly pulls plug on South Korean battery makers
By Heekyong Yang, Yilei Sun and Christoph Steitz SEOUL/BEIJING/FRANKFURT: Days before Volkswagen AG held an event to announce a major ramp-up in its electric vehicle production, the German car maker abruptly told its South Korean battery suppliers their current technology would be largely excluded from those plans. The decision by the world’s second largest automaker… Continue reading Volkswagen abruptly pulls plug on South Korean battery makers
Electric vehicles could cost less than $5,000 some day, Morgan Stanley analysts predict (GM, TSLA)
A new electric car could eventually cost as little as $3,000, Morgan Stanley analysts said. The bank expects electric-vehicle prices to continue to drop for the next decade at least. Plummeting EV prices could render gas-powered cars completely obsolete, they said. See more stories on Insider’s business page. The cheapest electric car for sale in… Continue reading Electric vehicles could cost less than $5,000 some day, Morgan Stanley analysts predict (GM, TSLA)
Retail investors accelerate Volkswagen’s U.S. share spike
By Danilo Masoni, Aaron Saldanha 3 Min Read (Reuters) – U.S. retail investors are buying the American depositary receipts of German automaker Volkswagen AG, some market participants said, accelerating a rally spurred by well-received VW announcements on its efforts to overtake Tesla Inc in the electric vehicles market. FILE PHOTO: A Volkswagen logo is seen… Continue reading Retail investors accelerate Volkswagen’s U.S. share spike
Nissan chases car shoppers with one-stop online buying
TOKYO — Car shoppers looking to buy a Nissan will need to reach no farther than their smartphones, with the automaker’s online program accommodating the preferences of coronavirus-weary consumers seeking to avoid the showroom and younger people making big-ticket purchases on the internet. Nissan Motor began rolling out a proprietary online system this February at… Continue reading Nissan chases car shoppers with one-stop online buying
Xpeng CEO Bought Shares In Rival Nio During 2019 Low
TipRanks These 2 EV Stocks Have Over 40% Upside Potential, Say Analysts Everyone wants to be part of the next big thing, and right now, in the automotive industry, that’s looking more and more like electric vehicles (EVs). A combination of social and political pressures are promoting EVs, and manufacturers – both legacy automakers like… Continue reading Xpeng CEO Bought Shares In Rival Nio During 2019 Low
Hubject & ev.energy join forces to simplify home and public EV charging through one app.
PRESS RELEASE — Berlin | London, March 15th, 2021: Hubject & ev.energy join forces to simplify home and public EV charging through one app. ev.energy and Hubject have signed a partnership deal to enable users of ev.energy’s home smart charging app and platform to get access to Hubject’s intercharge platform, the world’s largest cross-provider charging… Continue reading Hubject & ev.energy join forces to simplify home and public EV charging through one app.
Elon Musk’s Tesla lobbied UK to raise tax on petrol and diesel
Elon Musk’s Tesla lobbied the UK government to raise taxes on petrol and diesel cars in order to fund bigger subsidies for electric vehicles, alongside a ban on hybrids. The US electric car pioneer called for a rise in fuel duty and a charge on petrol and diesel car purchases to pay for grants and… Continue reading Elon Musk’s Tesla lobbied UK to raise tax on petrol and diesel