electric vehicle

Business, Technology

Tesla’s Elon Musk Blames Panasonic Battery Lines for Low Model 3 Output

Tesla Odin Jaeger/Bloomberg News

Tesla Inc. CEO Elon Musk said Panasonic Corp. cell lines at the electric-car maker’s Nevada battery factory have been holding up production of its Model 3 sedans.

April 15, 2019
Government, Business, Technology

Electric-Vehicle Tax Credits Get Bipartisan Boost in Senate

Tesla Alex Kraus/Bloomberg News

A bipartisan group of senators introduced legislation April 10 that would extend a lucrative tax credit for electric vehicles that could benefit companies such as Tesla Inc. and General Motors Co.

Ari Natter | Bloomberg News
April 10, 2019
Business, Technology

Tesla Plunges as Delivery Drop Deepens Demand Concerns

Tesla Jasper Juinen/Bloomberg News

Tesla Inc. shares plummeted as a record decline in deliveries during the first quarter stoked concern of slackening demand for the Model 3 sedan that started selling less than two years ago.

Dana Hull | Bloomberg News
April 4, 2019
Business, Technology, Logistics

Tesla’s Model 3 Shatters Record in Electric Car-Crazy Norway

Tesla Patrick T. Fallon/Bloomberg News

Just weeks after Tesla Inc. started rolling out its Model 3 in Europe, the electric-car manufacturer has beaten the monthly sales record in its key Norwegian market by a wide margin.

Mikael Holter | Bloomberg News
March 26, 2019
Government, Technology, TCA

Maine to Give $5.1 Million in Subsidies for EV Purchases

Electric Vehicle Chevy Bolt (David Zalubowski/Associated Press)

Maine will provide a $5.1 million subsidy and add at least 50 public vehicle charging stations to encourage residents and companies to buy all-electric vehicles.

Peter McGuire | Portland (Maine) Press Herald
March 21, 2019
Business, Technology, TCA

Chattanooga VW Will Source EV Batteries From New Georgia Factory

vw Krisztian Bocsi/Bloomberg News

Volkswagen’s Chattanooga, Tenn., electric vehicle assembly plant will use batteries produced at a $1.67 billion factory in Georgia.

Mike Pare | Chattanooga (Tenn.) Times Free Press
March 20, 2019
Business, Technology, Autonomous

VW to Cut Jobs, Costs in Transition to Electric, Autonomous Cars

Volkswagen Logo Krisztian Bocsi/Bloomberg News

Volkswagen AG’s main car brand plans to deepen cost cuts and ax more jobs as profits slip in the industry’s shift to electric and self-driving cars.

Christoph Rauwald | Bloomberg News
March 13, 2019
Business, Technology

VW Boosts EV Push to 22 Million Cars as Porsche, Audi Slip

Diess VW CEO Herbert Diess (Krisztian Bocsi/Bloomberg News)

Volkswagen AG aims to produce almost 50% more electric cars than it targeted previously, boosting a bet that has already strained profit margins.

Christoph Rauwald | Bloomberg News
March 12, 2019
Business, Technology

How the Cobalt Market Fell Victim to Allure of Electric Cars

Cut cobalt cathodes Cut cobalt cathodes, owned by Cobalt 27 Capital Corp., in a stack in Rotterdam, Netherlands. (Jasper Juinen/Bloomberg News)

Cobalt prices were surging so much last year that thieves were carrying out elaborate heists at warehouses in Europe’s busiest port. Now, prices are in free fall, and mining companies are taking the financial hit.

Mark Burton | Bloomberg News
March 1, 2019
Business, Technology, Equipment

Tesla’s Model 3 Dominated Global Electric-Car Market in 2018

Tesla Tesla Model 3 Sedans (David Paul Morris/Bloomberg News)

Tesla Inc.’s Model 3 sedan took command of the global electric-car market last year, outselling the nearest competitor by about 50%.

Craig Trudell | Bloomberg News
February 25, 2019