EV

Toyota Motor North America has weighed in on California’s ambitious new electric vehicle (EV) mandates, calling the goals “impossible” given the slow growth of EVs in America. Currently, only 9% of U.S. car buyers choose EVs and in many states, the adoption rates of EVs are even...

Waymo, the autonomous driving technology subsidiary of Alphabet Inc. (NASDAQ:GOOG, NASDAQ:GOOGL), recently reached a valuation exceeding $45 billion in a new fundraising round. The company, which operates driverless cars in San Francisco, Phoenix, Los Angeles and Austin, raised $5.6 billion in the...

Researchers at the Dalian Institute of Chemical Physics in China have achieved a major breakthrough in battery technology, which could potentially influence the future of electric vehicles (EVs). The team, led by professors Zhang Changkun and Li Xianfang, developed new naphthalene-based organic...

Lael Brainard, the director of the National Economic Council, visited Detroit on Monday to discuss how the Biden administration's policies aim to protect the U.S. auto industry from China's growing influence in electric vehicles, focusing on tariffs and domestic investment in EV battery production....

Electric vehicle (EV) sales continue to rise globally, but the limited infrastructure may slow further expansion, according to Stephanie Link, chief investment strategist at Hightower Advisors. Speaking at the Benzinga AutoRevolution: The Future of Mobility and EVs event, Link stressed that...

Electric cars continue to sell, but the industry must address critical infrastructure issues to support wider adoption, according to Erin Keating, executive analyst at Cox Automotive. Speaking at Thursday’s AutoRevolution: The Future of Mobility and EVs virtual event, Keating discussed the...

At Benzinga’s AutoRevolution: The Future of Mobility and EVs virtual event, Ideal Power CEO Dan Brdar introduced the company's breakthrough in power semiconductor technology. With its B-TRAN semiconductor switch, Ideal Power aims to transform electric vehicle (EV) efficiency and address some...

Shares of NIO Inc. (NYSE:NIO) may continue to rally. Some potentially bullish dynamics have appeared on the chart. Markets don't go in straight lines. They are more like a series of trading ranges that could look like a staircase. If the market is trending lower, what was the bottom of one trading...

People say that nothing is guaranteed in the stock market. But they are wrong. There is one thing that is always true. Markets are always trending. They are either going up, down, or sideways. And it's guaranteed that sooner or later the trend will end. Rivian Automotive, Inc. (NASDAQ:RIVN) has...

The EV slowdown has been in the air since the year began. Even Tesla Inc (NASDAQ: TSLA) warned of a sharp sales slowdown this year or more precisely, a notably lower growth.  Tesla even ended 2023 being overtaken by its Chinese rival BYD (OTC: BYDDY) during the last quarter. But when...

The latest earnings reports from Rivian Automotive (NASDAQ: RIVN) and Lucid Group Inc (NASDAQ: LCID) made two things clear. The first is that pure play EV makers are continuing to struggle, burning a ton of cash along the way. The second is that having wealthy backers makes the...

U.S. equities were little moved on Tuesday as investors continued to assess the potential for interest rate cuts following the latest economic data and comments from Fed Chair Jerome Powell. Speaking at the European Central Bank (ECB) forum in Portugal, Powell welcomed recent progress on...

Tesla Inc. (NASDAQ:TSLA) is set to announce a new lineup of vehicles in the coming weeks, and initial analyst estimates once again support Elon Musk‘s vision of targeting new consumer segments and expanding the growth potential of the EV maker. At its annual shareholder meeting on June 13,...

NIO Inc. (NYSE:NIO) shares are trading higher in the premarket session on Tuesday. According to Benzinga Pro, NIO stock has lost over 34% in the past year.  Over the weekend, the company reportedly achieved a milestone by delivering its 200,000th ES6, coinciding with the...

New staffing adjustments are reportedly underway within XPeng Inc.‘s (NYSE:XPEV) sales team, signaling challenges in the company’s shift to a more dealer-dependent model. Gu Yuanqin, former XPeng vice president of financial platform operations and management, has assumed the role of...