Electric Vehicles

Ford outlines EV investment structure for its dealers as it chases Tesla-like profit

Ford outlines EV investment structure for its dealers as it chases Tesla-like profit

Ford CEO Jim Farley poses next to a model of the all-new Ford F-150 Lightning electric pickup truck at the Ford Rouge Electric Vehicle Center in Dearborn, Michigan, April 26, 2022. Rebecca Cook | Reuters LAS VEGAS – Ford Motor is asking its nearly 3,000 dealers to invest upward of $1 million in upgrades to …

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Nikola founder Trevor Milton stands trial on fraud charges, capping a stunning rise and fall

Nikola founder Trevor Milton stands trial on fraud charges, capping a stunning rise and fall

CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and hydrogen fuel-cell battery trucks in partnership with CNH Industrial, at an event in Turin, Italy December 2, 2019. Massimo Pinca | Reuters The founder of electric semitruck maker Nikola Motor is standing trial on fraud charges related to statements …

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EV startup Harbinger, founded by Canoo and QuantumScape veterans, aims to shake up medium-duty truck market

EV startup Harbinger, founded by Canoo and QuantumScape veterans, aims to shake up medium-duty truck market

Harbinger EV truck Jack Schroeder | Harbinger A new Los Angeles-based electric vehicle startup founded by veterans of Canoo and QuantumScape said Wednesday it’s preparing to shake up the medium-duty truck market with a ready-to-build electric truck platform coming next year. The company, called Harbinger, has developed two EV platforms it says are optimized for …

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Almost Nothing Can Stop Porsche's IPO, Say Executives

Almost Nothing Can Stop Porsche’s IPO, Say Executives

Image: Porsche Porsche and Volkswagen are dead-set on the former’s stock-market debut, Honda is making the supply chain partnerships it needs, and the Bronco accessory business is booming. All that and more in The Morning Shift for Tuesday, September 6, 2022. 1st Gear: Well, Porsche Seems Determined While your friends who run The Morning Shift …

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Elon Musk Says Full Self-Driving Will Be ‘Self-Driving’ This Year, Maybe

Elon Musk Says Full Self-Driving Will Be ‘Self-Driving’ This Year, Maybe

Photo: Odd Andersen / AFP (Getty Images) Elon Musk is sure that this is the year Tesla’s Full Self-Driving system finally learns to self-drive, Honda is investing $4.5 billion in a U.S. battery plant, and France will offer EV leasing for as little as $100 a month. All this and more in The Morning Shift …

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Cash is king for EV makers as soaring battery prices drive up vehicle production costs

Cash is king for EV makers as soaring battery prices drive up vehicle production costs

Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC In the transition from gas-powered vehicles to electric, the fuel every automaker is after these days is cold hard cash. Established automakers and startups alike are rolling out new battery-powered models in an …

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Tesla and Musk Will Soon Enter a New Lucrative Industry

Elon Musk Says the World Has a Bigger Problem than Global Warming

If there is one point on which critics and fans of Elon Musk agree, it is that the billionaire is a defender of the environment. Musk co-founded Tesla, a company whose goal is to help build a sustainable world. “Tesla is to protect life on Earth, SpaceX to extend life beyond,” the serial entrepreneur said …

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