BYD Is Overtaking Tesla, But Its EV Dream Skips The US For Now
A Chinese electric vehicle brand that’s rarely spotted in the U.S. is quickly catching up to Tesla’s dominance of the global EV market. BYD, which started in Shenzhen 28 years ago, delivered 547,917 passenger EVs, including hybrids, a category it’s known for,…
Stellantis Considers Tesla’s Charging Standard for North America
Stellantis is reportedly considering adopting Tesla’s North American Charging Standard (NACS) connector for its future electric vehicles (EVs). While Stellantis has not yet committed to the move, the company’s evaluation of the NACS connector signifies a potential shift towards establishing it as…
The White House Is Trying To Persuade Tesla To Keep The US’s EV Charging Standard Alive
The Biden administration is opening up federal subsidies to Tesla charging stations—but only if they carry US’s own fast-charging standard for electric vehicles. On Friday (June 9), the White House said that EV charging stations using Tesla’s standard plugs—the North American Charging…
GM’s Electric Vehicles Will Gain Access To Tesla’s Vast Charging Network
Electric vehicles made by General Motors will be able to use much of Tesla’s extensive charging network beginning early next year under an agreement the two companies announced Thursday. In addition, GM will adopt Tesla’s connector, the plug that links…
US Confirms All Tesla Model 3 Vehicles Qualify for $7,500 Tax Credit
The Biden administration confirmed Tuesday that all Tesla Model 3 vehicles now qualify for $7,500 electric vehicle consumer tax credits after two versions saw credits fall in half. In April, new battery sourcing rules went into effect that lowered the…
SK Set To Produce Faster EV Chargers Than Tesla In US
South Korea’s SK Signet Inc. is poised to produce electric vehicle chargers with the fastest charging speed in the US, targeting the ultra-fast charger market dominated by Tesla Inc. The SK Group unit on Monday completed construction on its state-of-the-art manufacturing plant for EV…
Jaguar Has Some Dangerous News For Its Electric Vehicle Owners
Tesla (TSLA) – Get Free Report CEO Elon Musk despises the term “recall” when it comes to an over-the-air software update or vehicle remote upgrade, but that’s the term Chinese regulators used for a recall of 1.1 million Teslas sold from Jan. 12, 2019 to…
Ford, Tesla ‘Blindside’ Industry With Charging Deal
On the eve of Memorial Day weekend, Ford CEO Jim Farley announced he would be joining Tesla CEO Elon Musk for a Twitter Spaces discussion, where the two would talk about “accelerating EV adoption,” and make an announcement. That announcement turned…
GM Deal Strengthens Its EV Supply Chain. The Stock Is Rising.
Traditional auto makers need supply chains full of batteries and the materials they’re made of if their electric-vehicles businesses are ever to catch the leader Tesla TSLA +3.11% . U.S. auto giant General Motors GM +3.82% has big EV ambitions and unveiled another deal to strengthen its supply chain on Friday. GM…
Tesla Jolts EV Charging Industry
Tesla’s proprietary charging network helped power its rise as the dominant US electric-car maker. Now it is opening that network to rival marques — a decision that will shake up a nascent roadside charging industry. The Supercharger network’s thousands of…