Rebecca Bellan
All new Tesla Model 3 vehicles will now qualify for the full $7,500 federal EV tax credit, according to a change in Tesla’s website.
The EV tax credits were mandated by Congress last August as part of the Inflation Reduction Act, with the goal of ending U.S. reliance on China...
Toyota will spend an additional $2.1 billion to build a new battery plant in North Carolina, the latest sign that the automaker is attempting to catch up with an industry that has embraced the move to electric vehicles.
The Japanese automaker also announced Wednesday it will build its first...
Volvo is continuing to drip-feed more information about its upcoming electric Volvo EX30 small SUV.
Last week the automaker promised the new EV would have the smallest carbon footprint of any previously made Volvo vehicle. Now, Volvo is hyping up the use of Scandinavian design skills to optimize space...
Elon Musk suggested Thursday during a Twitter Spaces with Ford CEO Jim Farley that Tesla might open up some of its automotive operating system code to other automakers.
“In the same way that maybe Android is helpful to the phone industry as sort of a general standard, like we...
Embark Trucks, the autonomous trucking company that recently cut 70% of its workforce, is being acquired by Applied Intuition, a simulation and software provider for autonomous vehicle development. The all-cash transaction has an equity value of about $71 million, according to the companies.
Embark went public in 2021 via...
California is urging the Biden administration to grant approval for its proposal that mandates all new vehicles sold within the state by 2035 to be exclusively electric, hydrogen-powered or plug-in electric hybrids (PHEVs), according to a letter seen and reported on by Reuters.
The California Air Resources Board (CARB)...
Ford has reversed its decision to build new vehicles without AM radio after pressure from lawmakers.
CEO Jim Farley wrote in posts on Twitter and LinkedIn Tuesday that AM radio will be included on all 2024 Ford and Lincoln Motor vehicles, a decision the executive came to “after speaking...
Shared micromobility company Bird’s share price fell 10.8%, or about two cents, in after-hours trading after the company said it would issue a reverse stock split. The move is Bird’s attempt to get back into compliance with the New York Stock Exchange after it received a delisting notice...
Tesla, a company that has long eschewed conventional advertising, is going to “try” out the scheme, CEO Elon Musk said Tuesday during the automaker’s 2023 annual meeting of shareholders.
Tesla doesn’t pay for traditional advertising like other automakers. And it hasn’t really needed to. The company has become incredibly popular...
Tesla CEO Elon Musk teased two new electric vehicles Tuesday at the automaker’s 2023 annual shareholder’s meeting. The billionaire executive even claimed that Tesla is already in the process of building a new product.
“I just want to emphasize that we are actually building a new product,” said Musk....
