Electric

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.

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 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.

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 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.

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.

Two thieves in Georgia were apprehended for stealing gaming systems after officers found them charging their getaway electric vehicle, according to police.

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.

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 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.

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.

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 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.

Department of Transportation requirements for generous electric vehicle subsidies may pressure Tesla to open its proprietary charging stations to other models.

Shares of billionaire Elon Musk's Tesla are rallying above $200 marker in 2023 after underperforming last year and early January.

The Treasury Department said Friday it was modifying how it classifies electric vehicles subject to certain price caps set under the Inflation Reduction Act.

Netflix and General Motors announced a partnership on Thursday to put more electric vehicles in movies and TV shows produced by the streaming giant.

Electric vehicle maker Rivian Automotive announced that it will lay off about 6% of its workforce amid a push to cut costs and reach profitability in a competitive EV market.

Noted Tesla investor and Future Fund managing partner, Gary Black joined Neil Cavuto on Fox Business to discuss the carmaker’s stock and competition in 2023.