Electric Cars
Reuters
Oct 27, 2022, 1:45 PM
Chief Executive Elon Musk told analysts on a conference call there was excellent demand in the fourth quarter, addressing investors' concerns that buyers could be discouraged by the weak global economy and high prices for Tesla vehicles.
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Reuters | Oct 27, 2022China's CATL Slows Battery Investment Plan For U.S., Mexico - ReportThe world's largest battery maker, which supplies one of every three electric vehicles, has been considering opening new plants in the United States and Mexico since earlier this year3 mins read
Reuters | Oct 27, 2022Automakers To Double Spending On EVs, Batteries To $1.2 Trillion By 2030Automakers have forecast plans to build 54 million battery electric vehicles in 2030, representing more than 50% of total vehicle production2 mins read
Reuters | Oct 27, 2022Biden Awards $2.8 Billion To Boost U.S. Minerals Output For EV BatteriesThe grants, which are going to projects across at least 12 states, mark the latest push by the Biden administration to help reduce the country's dependence on China and other nations for the building blocks of the green energy revolution.3 mins read
Reuters | Oct 27, 2022Automakers Need More Time To Meet U.S. Minerals Requirements For EVs - ExecsThe Inflation Reduction Act, as currently written, requires automakers to have 50% of critical minerals used in EV batteries come from North America or U.S. allies by 2024, rising to 80% by the end of 2026.4 mins read
Reuters | Oct 27, 2022Tesla Investors To Focus On Demand Issues In Earnings ReportDecades-high inflation, rising energy bills in Europe and signs of a weakening China market have raised doubts among some analysts about whether Tesla can buck an economic slowdown and continue to raise prices without hurting its sales.2 mins read
Reuters | Oct 27, 2022Tesla Tops Battery-Electric Vehicle Registrations In Germany, Beating VolkswagenAs per federal data, Tesla topped registrations of battery-electric vehicles in Germany in the first nine months of this year at nearly 38,500 beating the Volkswagen brand by around 6,000 vehicles.1 min read
Reuters | Oct 27, 2022Stellantis Eyeing Two More North American Battery Plants By 2030The automaker has already announced two joint-venture battery plants - one in Indiana and the other in Canada.1 min read
Reuters | Oct 27, 2022Vietnam's VinFast Recalls A Third Of Its Sold EVs To Replace SensorsVinFast, which began operations in 2019, is a unit of Vietnam's biggest conglomerate Vingroup and has sold 2,208 EVs in total since its launch late last year.1 min read
