electric vehicle
EV Mania Turns Battery Makers Into Power Brokers
The SK Battery America facility is seen under construction in Commerce, Ga., on Oct. 22. (Elijah Nouvelage/Bloomberg News)
Automakers are investing billions of dollars to bring new electric vehicles to consumers in the U.S. and other global markets, but their success hinges on securing the most critical and expensive component: the battery.
October 23, 2020Continental Is Said to Explore Sale of Turbocharger Business
(Andrey Rudakov/Bloomberg News)
Continental AG is exploring a sale of its turbocharger unit as the German auto-parts maker conducts a major restructuring to stem losses, according to people familiar with the matter.
October 22, 2020GM to Plan Third EV Plant in Big Plug-In Bet
An employee works on a Chevrolet Sonic vehicle at the GM plant in Orion Township, Mich., in June 2017. (Jeff Kowalsky/Bloomberg News)
General Motors Co. is investing more than $2 billion in six U.S. plants, including a makeover of a former Saturn plant in Tennessee into its third factory to produce electric models.
October 20, 2020Tesla to Start Exporting China-Made Model 3 Cars to Europe
A woman walks past a Tesla car being charged in Beijing, China, in January 2019. (Ng Han Guan/Associated Press)
Tesla Inc. will start exporting Model 3 cars made at its gigafactory on the outskirts of Shanghai to Europe later this month, the automaker said in a statement sent via WeChat.
October 19, 2020Workhorse Falls on Short-Seller Claim It Misled Investors
The short-seller report alleges Workhorse's postal-truck prototypes were plagued with problems. (Workhorse Group)
Workhorse Group Inc. shares fell briefly after a short seller published a report accusing the startup electric-vehicle manufacturer of “misleading investors” and alleging it’s unlikely to win a key contract to supply postal trucks.
October 8, 2020Q and A With Hyliion CEO Thomas Healy: ‘We Were Fortunate on Timing’
In a screenshot from a video, Hyliion CEO Thomas Healy, center, is seen behind the NYSE opening bell Oct. 5. (NYSE via Twitter)
Thomas Healy was secretly arranging a deal to turn his Texas-based truck electrification startup into a publicly traded company when the coronavirus pandemic struck.
October 5, 2020Tesla Inches Near Annual Goal With Record Sales in Quarter
New Tesla vehicles sit on the dockside after being imported to the Port of Southampton in the United Kingdom. (Luke MacGregor/Bloomberg News)
Tesla Inc. delivered a record number of cars worldwide in the third quarter, smashing analysts’ estimates and maintaining its dominance in electric-vehicle sales — making a difficult year-end sales goal slightly more attainable.
October 2, 2020Nikola Postpones Forum Where Electric Pickup Was to Debut
A promotional photo for the Nikola Badger electric pickup truck. (Nikola Motor Co.)
Nikola Corp. is rescheduling its in-person Nikola World conference, where it was planning to show its electric pickup truck, as the company regroups in the wake of a stock sell-off and the departure of its chairman.
September 30, 2020Nikola Pushes Back on Skeptics by Showcasing In-House Technology
A Nikola Two prototype. (Nikola Motor Co.)
Nikola Corp. wants to put allegations of deception behind it with a push to showcase its own innovations and detail how it plans to get its clean-powered trucks to market.
September 29, 2020Electrifying California Cars Could Crush the Grid, or Save It
Tesla vehicles sit in a lot at a Tesla store in Colma, Calif., on Sept. 24. (David Paul Morris/Bloomberg News)
Electrifying all new cars in California could be an immense burden on the state’s struggling power grid — or a whole new line of defense against blackouts.
September 28, 2020