Text size Canada Pension Plan’s manager scooped up Apple stock in the first quarter. Punit Paranjpe/AFP via Getty Images Canada’s largest public pension was more upbeat on iPhones than electric vehicles in the first few months of 2023. Canada Pension Plan scooped up Apple stock (ticker: AAPL), and slashed positions in EV makers Tesla (TSLA),… Read More »
Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I’m turning the wheel over to Rebecca Bellan next week, and she’s mostly steering things this week (I had to add a few of my thoughts in here cuz… Read More »
Text size Can Nvidia’s incredible stock performance take some eyeballs, and investment dollars, away from EV leader Tesla? William West/AFP/Getty Images Well, that was a surprise. Nvidia (ticker: NVDA) blew away current quarter sales guidance off the strength of its artificial intelligence-related business. The stock is on pace for a truly epic gain. For Tesla… Read More »
Ford’s (F) transformation into three business units —focusing on gas-powered cars, electric vehicles, and commercial customers — is less than two quarters old. And investors still have a lot of questions for the 120-year-old automaker and how CEO Jim Farley intends to push profitability. “I think this is a chance for investors to go deep… Read More »
Bhopal Raja Bhoj airport (Photo: Wikipedia) The AAI asked the airport authorities to start replacing the vehicles with with EVs. In a move to contribute to a pollution-free environment, and make the campus a zero carbon emission zone, the Airport Authority of India (AAI) in Bhopal’s Raja Bhoj airport introduced two electric vehicles. It is… Read More »
Many automakers have already announced when they’ll stop selling cars equipped with combustion engines, but Toyota is not on that long list. Instead, the Japanese automaker has been quite vocal about not rushing the demise of the ICE as it believes the world just isn’t ready to go fully electric. In fact, Chief Scientist Gill… Read More »
TOKYO (Reuters) – A lack of resources means battery electric vehicles (BEV) cannot be the auto sector’s only answer to climate change, Toyota Motor Corp’s top scientist said Thursday, warning that focusing on BEVs could lead some drivers to hold onto polluting vehicles. Some investors and environmental groups have long criticised Toyota for being slow… Read More »
CHANDIGARH: The UT administration has received Rs 15 crore for paying incentives to buyers of electric vehicles (EVs) for this fiscal year, raising the budget three times as compared to Rs 5 crore allotted last year from September when the new EV policy was launched.The amount – earmarked in the 2023-2024 budget of the administration… Read More »
It’s premature to declare any winners in the electric vehicle competition, Warren Buffett said on Saturday. There’s just too much uncertainty in the sector. “You will see a change in the vehicles, but you won’t see anyone that owns the market because they changed the vehicles,” Buffett said at Berkshire Hathaway’s (BRK-A, BRK-B) annual meeting.… Read More »
Costco (COST) members looking for a stylish Volvo electric vehicle will need to act fast for a big discount. The membership warehouse club is currently offering $2,500 off the price of new 2023 or 2024 Volvo XC40 Recharge and C40 Recharge SUVs. These two models are currently the only full EVs Volvo has on offer,… Read More »
In recent months, the Government has launched a handful of new consultations to streamline the motoring industry and boost efficiency. As the cost of living crisis continues to hammer millions of Britons, it is hoped these consultations will lead to changes to save money for drivers. MOT test changes Proposals for new MOT test rules… Read More »
Union Commerce and Industry Minister Piyush Goyal. (File pic: News18) The government is inviting the industry for suggestions on testing infrastructure and in case of a requirement for modern testing infrastructure, it would help to set it up Union Minister of Commerce & Industry Piyush Goyal said Prime Minister Narendra Modi is against “chalta hai”… Read More »
Union Commerce and Industry Minister Piyush Goyal. (File pic: News18) Regarding imports from other countries, the Union Minister told News18 that the government has no intention of restricting the process since it is a free market, but the Indian component industry should start making good quality components with competitive prices Union Minister of Commerce & Industry,… Read More »
Published By: Paras Yadav Last Updated: May 03, 2023, 11:18 IST Zypp Electric (Photo: IANS) Zypp further plans to install 100+ Gogoro battery swapping stations at its Bengaluru hubs in the next 12-18 months EV-as-a-service platform Zypp Electric on Tuesday announced the deployment of 2,000 electric scooters in Bengaluru and aims to deploy 8,000 more… Read More »
Investing.com — Here is your weekly Pro Recap of the past week’s biggest headlines in the electric vehicle space: Tesla’s lofty capex and labor law violations; the end of the Chevy Bolt at GM; a muddy lawsuit for Rivian; layoffs at Stellantis; and Mullen’s probe into “improper trading” in its shares. Get news like this… Read More »
Maruti Suzuki India Ltd. (MSIL) has revealed that it is all set to launch a brand-new 7-seat hybrid SUV in the Indian market in the next two months. It has also been confirmed that the premium SUV will make use of Toyota’s strong-hybrid system. While details about the upcoming vehicle are scarce for now, we… Read More »
Euler Motors, founded nearly half a decade back in 2018, is an emerging electric commercial vehicle manufacturer, headquartered in New Delhi. The brand recently launched its first product in the form of the HiLoad EV in the Indian market. Recently, we had the opportunity to speak with Gaurav Kumar, Head of Supply Chain & Manufacturing,… Read More »
Electric-vehicle start-up Fisker can start delivering cars to customers. Investors are happy. Fisker (ticker: FSR) on Wednesday announced its Ocean SUV has been certified for sale by European regulators. Deliveries will start May 5.
Oando Clean Energy Limited (OCEL) has made an inroad into the transportation business in Lagos State, acquiring and taking delivery of undisclosed number of electric vehicles from Chinese carmaker, Yutong Bus. OCEL is the clean energy arm of Oando Plc, largely owned by Wale Tinubu. His company signed a Memorandum of Understanding (MoU) with the… Read More »
The new Mercedes-Benz E-Class debuted yesterday with carryover engines from its predecessor but generally speaking, this isn’t a path the automaker will continue to follow in the coming years. Instead, Mercedes will focus on electric vehicles as it finds them “technically superior” to combustion engines, even if they work on e-fuels. The company’s CEO, Ola… Read More »
Skoda held a press conference today to announce plans for a veritable EV onslaught with no fewer than six models coming by 2026 to cover various segments of the market. Leading the way will be a “Compact” model scheduled to go on sale next year as the Elroq. It’s being developed as an electric successor… Read More »
GM Earnings preview: More sales, more profit and a spotlight on EVs
Tesla (TSLA) CEO Elon Musk this past week reminded investors of a growing challenge in the US when it comes to the electric vehicle industry — securing refined lithium for EV batteries. “The choke point is much more on refining capacity than it is on mining. Lithium is actually is very common throughout the world,… Read More »
Rise of EVs Drives Mining Deals to Decade High
Bullish on electric mobility MG Motor India expects 30 percent of its sales to accrue from the electric vehicle segment this year as it gears up to introduce its second offering in the vertical next month, according to the company’s President and Managing Director Rajeev Chaba. The company, which currently sells ZS EV in the… Read More »