Volvo reverses goal to make only EVs in 2030
Volvo announced that it is moving away from its goal of making only electric vehicles by 2030 and is now aiming for 90% to 100% of its vehicles to be fully electric EVs plus hybrids.
Harris campaign says Dem nominee 'does not support' electric vehicle mandate in attempt to flip the script
Vice President Kamala Harris' campaign team claimed the Democratic presidential nominee "does not support" a vehicle mandate despite her history.
Maryland farm at risk of losing 'millions' from PJM's 70-mile, 500,000-volt electrical transmission project
Gaver Farm, a family-owned and operated farm in Maryland, says the impact of the Maryland Piedmont Reliability Project would have a severe financial impact on their business.
Ford unveils new Mustang, Bronco-inspired electric bikes
Ford has announced the release of two new electric bikes inspired by its Bronco and Mustang vehicles that are available for purchase now with deliveries expected later in 2024.
Tesla halts orders for $61,000 Cybertruck, cheapest version now $100,000
Tesla stopped taking new orders of the $61,000 version of its Cybertruck, leaving a variant that costs about $100,000 as the cheapest available model of the futuristic EV pickup.
Martha Stewart loves EVs: does she prefer Tesla or Rivian?
Businesswoman Martha Stewart recently discussed electric vehicle (EV) makers Tesla and Rivian in a CNBC interview. She said she was 'getting the Rivian truck.'
California city rolls out all-electric police fleet, first in US
South Pasadena, California, officially ditched gas-powered police cars and made the switch to a fully electric fleet for its police department, the city said.
Analyst had to intervene to keep Tesla's Full Self-Driving mode from crashing
A financial analyst who tested Tesla's Full Self-Driving mode on the roads of suburban New York was forced to take control to avoid an accident and had to intervene on other occasions.
GM CEO Mary Barra on EV strategy as 2024 election heats up
GM CEO Mary Barra said she's comfortable with the automaker's EV strategy as the looming presidential election creates uncertainty about the next administration's view of EV regulations.
Tesla's quarterly results miss estimates after price cuts hit bottom line
Tesla's second quarter results missed analysts' estimates for its margin after the company's price-cutting push to stimulate demand had an impact on its bottom line.
GM, Ford may see profit hit amid cooling EV demand, US dealer software problems
GM and Ford may post smaller quarterly profits this week after slowing consumer demand for EVs and a cyberattack on a critical software system used by dealerships disrupted sales.
Porsche says EV transition is taking 'longer than we thought'
Luxury automaker Porsche said that the transition to electric vehicles is taking longer than expected after it previously set a goal for 80% of its sales to be all-electric by 2030.
Starbucks, Mercedes team up in EV charging network expansion
Mercedez-Benz High-Power Charging plans to install electric vehicle charging stations at 100 Starbucks locations in the U.S., starting at the Interstate 5 corridor.
Biden admin ramps EV spending in swing states as election nears
The Biden administration announced $1.7 billion in grants for EV projects and retooling auto manufacturing facilities in eight states, including several critical swing states.
Texas residents turn to Whataburger app to track power outages amid Hurricane Beryl devastation
Texas residents on social media say they are using the app from the fast food restaurant Whataburger to track where power is on and off following the devastation of Hurricane Beryl.
Fisker recalling 7,500 SUVs in US, citing issue with water pump
Over 7,500 of Fisker’s Ocean SUVs are being recalled in the U.S. The company is offering a free replacement water pump as a fix for the problem.
Biden wants to 'ram EVs down the throats' of Americans: Virginia AG Jason Miyares
Virginia Attorney General Jason Miyares addresses the 26 states suing the Biden administration over EV mandates on 'The Bottom Line.'
Tesla deliveries may disappoint...again
Elon Musk-led automaker Tesla is expected to announce that deliveries declined for the second consecutive quarter amid tough competition in China and U.S. consumers turning to hybrids.
Volkswagen to invest $5B in Rivian, form joint venture
Volkswagen and Rivian said Tuesday they will create a joint venture together, with the electric vehicle startup expected to receive up to $5 billion from the German automaker.
Nearly half of American EV owners want to switch back to gas-powered vehicle, McKinsey data shows
New findings from consulting firm McKinsey & Co. show a significant share of Americans who own electric vehicles have buyer's remorse. Nearly half want to switch back to gas.