Electric Vehicles

Factbox - Tesla Investor Day Gives a Rare Look at Executive Bench

More than a dozen Tesla executives took the stage at the company’s Investor Day on Wednesday, a departure from its previous such events where Elon Musk tended to dominate. The move, a first for Tesla, appeared to be aimed at showcasing the depth of its executive bench as at a time when investors have worried […]

Elon Musk’s Challenge: Stay Ahead of the Competition

Elon Musk will confront a critical challenge during Tesla’s Investor Day on March 1: Convincing investors that even though rivals are catching up, the electric-vehicle pioneer can make another leap forward to widen its lead. Tesla Inc was the No. 1 EV maker worldwide in 2022, but China’s BYD and others are closing the gap […]

U.S. Manufacturers See Big Boost from Government Subsidies and Tax Breaks

A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars. The two Ohio […]

Uber to Introduce 25,000 EVs in India Amid Clean Car Push

Uber Technologies will introduce 25,000 electric vehicles (EVs) in India for ride-sharing over three years, its country head said on Monday, its first move to adopt clean cars. The EVs will be bought by Uber’s fleet partners from Tata Motors, India’s biggest electric carmaker, Prabhjeet Singh, president, Uber India and South Asia told Reuters. “We […]

Ex-US VP Gore's Fund Among ABB Car Charging Business' New Investors

ABB has sold more of its electric vehicle (EV) charging business to four investors including a fund linked to former U.S. Vice President Al Gore, the Swiss engineering company said on Wednesday. The investors paid 325 million Swiss francs ($355 million) for a combined 12% stake in the E-Mobility business in a second and final […]