Tesla shares rise on delivery forecast
Tesla will report their latest quarterly deliveries on Sunday. Barclays Senior Autos Analyst Dan Levy expects the electric vehicle maker to exceed the 420,000-unit consensus forecast.
European Union bans sales of CO2 emitting cars by 2035
The EU gave the green light on a new law that bans the sale of CO2-emitting vehicles by 2035 in an effort to cut emissions and clamp down on climate change.
Biden's EV push will benefit bicoastal elites more than middle class or poor: study
President Biden's push for Americans to buy electric vehicles continues to hit the barrier of the average person's wallet — a reality highlighted by a new report out of California.
Biden touts tax credits for Canadian-assembled electric vehicles during Ottawa visit
President Biden lauded the Inflation Reduction Act for offering U.S. tax credits on Canadian-assembled electric vehicles during a speech at the Canadian Parliament in Ottawa Friday.
Get used to 'new era of high energy prices,' expert says
High energy prices are likely here to stay as supply and demand continues to tighten, according to energy expert and FOX Business contributor Phil Flynn.
Oregon puts rebates for electric vehicles temporarily on hold
Oregon is suspending a program that gives rebates to purchasers and leasers of electric vehicles for a year as the popular program is running out of money.
Honda recalls nearly 500K vehicles over seat belt issue
Honda is recalling nearly 500,000 vehicles because of a safety issue with seat belt buckles that could prevent seat occupants from being properly restrained during a crash.
Tesla hit with antitrust class action lawsuits over monopolization of repairs, replacement parts
Tesla is facing a pair of class action lawsuits that accused the company of making it more difficult for drivers to seek maintenance or replacement parts from independent repair shops.
Volkswagen introduces its first affordable all-electric vehicle, set for release in 2025
Volkswagen announced plans on Wednesday to release the first of 10 vehicles on a modular electric platform by 2026, at a cost of 25,000 euros, or $27,000.
Feds suspect Tesla was using automated driving system in fatal firetruck crash
The feds suspect that a Tesla was using the automated driving system when it crashed into a firetruck last month. The California crash killed the driver and injured the passenger.
Iran claims discovery of massive lithium deposit
Iran claims to have discovered a massive lithium deposit for the first time ever as demand for the raw material sores as the world races to go electric.
Georgia thieves busted by cops when they stopped to charge getaway Tesla
Two thieves in Georgia were apprehended for stealing gaming systems after officers found them charging their getaway electric vehicle, according to police.
Mississippi bill restricting electric car dealerships could close state's only Tesla store
Mississippi's governor could sign a bill into law restricting electric car manufacturers from opening dealerships unless they comply with laws required of traditional automakers.
English Premier League's Tottenham Hotspur announces 15-year partnership with Formula 1
English Premier League soccer club Tottenham Hotspur has announced a 15-year partnership with Formula 1 racing that includes building an in-stadium go kart track.
Ban electric vehicles from evacuation routes? Florida Republican concerned about cars running out of charge
A Florida Republican floated the idea of banning electric vehicles from state evacuation routes, raising concerns that EVs could become roadblocks if they run out of battery.
China beating Tesla, US in African lithium rush
China has beat out Tesla in a bid for a lithium mine in Nigeria as top nations race to go electric amid growing concerns over climate change.
Feds seeking information from Tesla on crash into fire truck that left driver dead
The National Highway Traffic Safety Administration is seeking information from Tesla about a fatal crash in Contra Costa County, California on Feb. 18.
Tesla takes Biden's $7.5B subsidy, agrees to open up charging network, White House says
The White House on Wednesday announced that Tesla has committed to expand its electric vehicle charging network and meet the Department of Transportation's new universal charging standards.
Ford halts production of electric pickup after ‘potential’ battery issue
The Ford Motor Company has announced the halt of production and delivery of its electric pickup truck, F-150 Lightning due to battery issues.
Ford cutting 3,800 European jobs in EV push
Ford will cut around 3,800 jobs in product development and administration in Europe as the U.S. automaker cuts global costs to expand more in electric vehicle market.