Electric Cars News

California To End Sales Of Gasoline-Only Cars By 2035
California Governor Gavin Newsom first announced the plan to phase out vehicles that run only on gasoline by 2035 in September 2020.

Tesla Shares Close Lower After 3-1 Stock Split
Aug 29, 2022 11:05 PM
The stock opened at $302 and closed at $296.07 as the split allowed investors to get two additional shares for each they owned as of Aug. 17

Mercedes Set To Lead India's Luxury EV Market As Tesla Stays Out
Aug 29, 2022 11:04 PM
Mercedes-Benz will launch three new electric cars this year, be the first company to assemble a luxury EV, and will set up a fast-charging network nationwide

Australia To Target Vehicle Emissions To Boost Electric Car Supply
Aug 29, 2022 10:57 PM
Australia's government said it plans to introduce new regulations targeting vehicle carbon emissions to boost the uptake of electric cars, as it looks to catch up with other developed economies.

EV Maker Nikola Beats Revenue Estimates On Higher Deliveries
Aug 29, 2022 10:56 PM
Nikola Corp exceeded market estimates for quarterly revenue as the electric-vehicle maker delivered more semi trucks after a production ramp-up, sending its shares 6% higher in trading before the bell.

U.S. Lawmakers Urge Joint Use Of Funds For Broadband, EV Charge Stations
Aug 29, 2022 10:56 PM
A group of 10 U.S. House Democrats asked President Joe Biden's administration to build electric vehicle charging stations together with broadband internet infrastructure under the $1 trillion infrastructure law approved in November 2021.

Toyota Doubles Down On Its Hybrid Bet In India
Aug 29, 2022 10:55 PM
Toyota is rebooting its strategy for India, doubling down on a bet that emerging markets will learn to love its hybrids, as long as the price is right.

Indian Ride-Hailing Firm Ola Plans To Start Producing Electric Cars In 2024
Aug 29, 2022 10:53 PM
Indian ride-hailing firm Ola Electric plans to start producing electric cars in India in 2024 with a range of up to 500 km (310 miles), Chief Executive Bhavish Aggarwal said.

EU, South Korea Say U.S. Plan For EV Tax Breaks May Breach WTO Rules
Aug 29, 2022 09:52 PM
The European Union and South Korea have raised concerns about proposed U.S. tax credits for purchases of electric vehicles, saying they may discriminate against foreign-made vehicles and breach World Trade Organization (WTO) rules.

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