HSBC cuts European and U.S. EV penetration, raises China estimates

Ford (F) unveils Mach-E Rally electric SUV at Goodwill Festival

Ford (NYSE: F) made a surprise unveiling of its Mustang Mach-E Rally at the Goodwood Festival of Speed Friday, marking the first time in nearly 60 years that a Mustang has been associated with rallying.

While specific details surrounding the vehicle are still unknown, we... More

Tesla (TSLA) begins sale of Model Y in South Korea

Tesla (NASDSAQ: TSLA) opened sales for their Model Y rear wheel drive electric vehicle in South Korea Friday. A move that is expected to further accelerate the adoption of electric vehicles in the country.

As per the company's website, the listed price for the Model... More

Tesla (TSLA) Model Y registrations surging in U.S. says Kelly Blue Book

Kelly Blue Book, one of the most trusted automotive valuation and research companies, released the results of a study Wednesday showing that registrations for the Model Y, Teslas (NASDAQ: TSLA) least expensive SUV, grew by 103% between January and May. The Model Y currently starts at... More

U.S. Congress members urge EPA to enforce stricter emissions cuts

Nearly 100 U.S. lawmakers Thursday are insisting President Bidens administration finalize stricter emissions limits.

A handful of Democratic senators joined nearly 80 House members in urging the Environmental Protection Agency (EPA) to firm up regulations on tailpipe emissions. Their objective is to establish revised limits that would lead to 69% of newly manufactured vehicles being electric by 2032,... More

Tesla (TSLA) in talks to build factory in India

According to reports buy the Times of India, Thursday, Tesla (NASDAQ: TSLA) is discussing an investment proposal with the Indian government to set up a factory with an annual capacity to produce about half a million electric vehicles.

According to the report, the vehicles will have a starting price of 2 million rupees... More

Tesla (TSLA) Model 3 tax credits likely reduced after Dec. 31

According to information posted on Tesla's (NASDAQ: TSLA) website on Tuesday evening, the federal tax credits of $7,500 for Tesla's Model 3 electric vehicles are expected to decrease after December 31.

The move comes as the U.S. government prepares to implement stricter regulations on batteries next year, with the aim of promoting domestic production of this essential... More