Electric Vehicle News Updates

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Tesla sales surge 98%; company boosts margins on its less-costly models

Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them

jul 27 2021 5:35pm
mixed News : Mixed
Next step for EVs? Design batteries to add strength and extend range

Automakers and battery manufacturers are racing to develop new electric-vehicle batteries that can reinforce body structures and open the door to breakthroughs in driving range

jul 23 2021 6:37pm
mixed News : Mixed
Mercedes vows to be ready for car markets going electric-only

Daimler AG's Mercedes-Benz is accelerating its electric-vehicle push to defend its position as the world's best-selling luxury-car maker through a historic industry transformation

jul 22 2021 4:25pm
mixed News : Mixed
SA shoppers express more interest in electric cars

South Africans shopping for cars are beginning to show a stronger interest in electric vehicles (EVs). AutoTrader's midyear industry report shows a 211% increase in searches for battery-powered cars on its website during the first six months of 2021

jul 22 2021 4:25pm
mixed News : Mixed
Suzuki and Daihatsu join Toyota EV venture

Suzuki Motor Corp and Daihatsu are joining a commercial electric vehicle coalition led by Toyota Motor Corp, the carmakers announced on Wednesday, helping the Japanese alliance expand its focus from trucks to smaller cars

jul 21 2021 5:02pm
mixed News : Mixed
EU proposes effective ban on new petrol and diesel cars from 2035

The European Commission proposed on Wednesday an effective ban on the sale of new petrol and diesel cars as of 2035 which, as part of a broad climate package, will accelerate a switch to zero-emission electric vehicles

jul 14 2021 9:55pm
mixed News : Mixed
Spain to invest 4.3bn in electric vehicle production

Spain will invest 4.3 billion (roughly R73,599,939,973) to kick-start the production of electric vehicles and batteries as part of a major national spending programme financed mostly by European Union recovery funds, the government said on Monday

jul 12 2021 10:26pm
mixed News : Mixed
Polestar in talks to go public by merger with SPAC

Polestar, the premium electric vehicle maker owned by China's Geely and Volvo Cars, is in talks to go public through a merger with blank-cheque firm Gores Guggenheim Inc, Bloomberg News reported on Thursday

jul 9 2021 6:35pm
mixed News : Mixed
Biggest lithium maker ups game in race to power electric cars

Albemarle Corp, the world's biggest producer of lithium, is fast-tracking advanced forms of the metal that could result in better batteries for electric vehicles

jul 1 2021 10:06pm
mixed News : Mixed
Volvo Cars EV road map includes better batteries, longer range

Sweden's Volvo Cars on Wednesday laid out an extensive road map to becoming a fully electric car maker by 2030, including plans to sell 600,000 battery electric vehicles at mid-decade and build a European battery gigafactory in 2026

jul 1 2021 10:14am
mixed News : Mixed