Exclusive-Tesla standard: BTC Power joins move to add to EV chargers
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Tesla (TSLA) said to be acquiring wireless charging company, Wiferion
June 22, 2023 3:55 PM EDTTesla (NASDAQ: TSLA) is said to be in the midst of acquiring Wiferion, a Germany-based electric vehicle (EV) wireless charging company. An acquisition that could pave the way for Tesla to introduce a wireless home charging solution in the future.
The German edition of Business Insider, citing an anonymous source, reports that Wiferion is set to transfer its business to Tesla International BV. The... More
Rivian (RIVN) owners poll shows overwhelming support for NACS adoption
June 22, 2023 1:09 PM EDTAmerican electric vehicle maker Rivian (NASDAQ: RIVN) announced earlier this week that the company will be joining fellow automakers Ford (NYSE: F) and General Motors (NYSE: GM) in adopting Teslas (NASDAQ: TSLA) North American Charging Standard (NACS).
A look at the companys owners forum reveals a strong consensus among owners and enthusiasts of the electric vehicle manufacturer's trucks in... More
Tesla (TSLA) takes top 4 spots on Cars.com 2023 AMI rankings
June 21, 2023 9:35 AM EDTCars.com released their American-Made Index ranks on Wednesday for vehicles built and bought in the U.S. for 2023. For the third year (Second in a row), Tesla (NASDAQ: TSLA) topped the list with their Model Y SUV claiming the number one spot. The electric automakers Models 3, X, and S rounded out... More
A Railcar shortage is slowing auto deliveries
June 21, 2023 8:55 AM EDTA recent report from the Detroit Free Press highlighted the challenges faced by automobile manufacturers in delivering new vehicles, attributing the constraints to difficulties in sourcing rail cars. According to the article, by the end of May, approximately 70,000 new vehicles were awaiting shipment from production facilities across the industry. Additionally, due to the widespread challenges, the stall in production resulted in the... More
EVs gain as China extends tax breaks
June 21, 2023 8:25 AM EDTShares of Chinese electric vehicle companies NIO Inc (NYSE: NIO), Li Auto (NASDAQ: LI) and XPeng (NYSE: XPEV) are up by nearly 3% in pre-market trading on Wednesday after China extended a tax exemption policy for new energy vehicles (NEV).
According to the policy, jointly... More
Texas will be first state to require Tesla (TSLA) standard on federally funded EV chargers
June 21, 2023 7:55 AM EDTShares of Tesla (NASDAQ: TSLA) are up 1.21% in pre-market trading Wednesday after the Texas Department of Transportation announced late Tuesday that the state would require electric vehicle charging companies to include both Tesla's standard as well as the nationally recognized CCS if they want to be part of a state program to electrify highways using federal dollars.
Texas is the first state that will mandate Tesla's... More
BTC Power joins rivals in adopting Tesla's (TSLA) NACS
June 20, 2023 2:43 PM EDTIn an exclusive story, Reuters reports Tuesday that privately-owned BTC Power will add Tesla's (NASDAQ: TSLA) North American Charging Standard (NACS) connection to its electric vehicle chargers starting next year.
The move follows several rival charging companies like ChargePoint (NASDAQ:... More
