Gov. Holcomb announces largest EV investment in state history attracting a more than $3B battery plant
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General Motors (GM) and Ford (F) executives comment on rebound of US consumer demand
June 15, 2023 2:39 PM EDTTop executives from General Motors (NYSE: GM) and Ford Motors (NYSE: F) commented Thursday that new vehicle demand from U.S. retail and commercial customers is outpacing expectations.
Their comments highlight an optimistic report released by The U.S. Commerce Department indicating a surprising increase in retail sales for May as a growing number of Consumers are purchasing vehicles and various other goods.
"If the consumer remains at this strength, we could significantly outperform what we said" about full-year performance, General Motors Chief... More
Elon Musk encourages Toyota (TM) to join EV charging revolution, embrace NACS connector
June 14, 2023 2:27 PM EDTTesla (NASDAQ: TSLA) CEO Elon Musk suggested on Twitter Wednesday that he would welcome Toyota (NYSE: TM) into the coalition of automakers that have already adopted his companys charging connector, known as the North American Charging Standard (NACS).
Over the past several weeks, numerous automakers and charging companies have already committed to adopting the NACS connector.
The moves were started by Ford... More
Tesla (TSLA) aims to extend record win streak to 14 consecutive sessions
June 14, 2023 9:37 AM EDTShares of electric vehicle company Tesla Inc. (NASDAQ: TSLA) continue to rise in pre-market trading Wednesday morning, increasing the possibility of a 14-day win streak for the companys stock price.
Tesla's shares ended Tuesday with a 3.55% increase, setting a new milestone for the company with a remarkable 13th consecutive session of gains. This achievement surpasses... More
Stellantis (STLA) is evaluating Tesla (TSLA) NACS charging connectors
June 14, 2023 9:10 AM EDTStellantis (NYSE: STLA) revealed Tuesday that the Franco-American automaker continues to evaluate Tesla's (NASDAQ: TSLA) charging standard after Ford Motor Co (NYSE: F) and General Motors Co (NYSE:... More
EnviroSpark Announces Integration of Tesla's (TSLA) NACS Connectors
June 13, 2023 3:08 PM EDTEV charging solutions startup, EnviroSpark announced Tuesday that the company will integrate Tesla-designed (NASDAQ: TSLA) North American Charging Standard (NACS) connectors into its nationwide, EnviroSpark-owned charging network.
"We've already installed and maintained thousands of NACS connectors for partners since our founding in 2014, and in light of the... More
General Motors (GM), Samsung to build $3B EV battery plant in Indiana
June 13, 2023 1:56 PM EDTOn Tuesday, Indiana Governor Eric Holcomb revealed that automaker General Motors (NYSE: GM) and Korean battery manufacturer, Samsung will build a more than $3 billion EV battery cell plant in Indiana scheduled to begin operations in 2026 and is projected to generate 1,700 jobs.
Back in April, both companies pledged to... More
