Tesla price cuts: Flagging demand or tactic to boost sales?
In explaining why Tesla Inc. keeps cutting prices on its electric vehicles, the auto industry is pretty much divided into two camps.
Mar 6, 2023
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Business
Page 3 - News tagged with electric vehicle market
Engineering
Institute develops device to test friction, wear associated with EV fluids
A Southwest Research Institute team has developed a mechanical testing device to analyze fluids and lubricants formulated for electric vehicles. The team modified a commercial tribology testing device to give it the capability ...
Mar 6, 2023
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Automotive
Renault boosts profitability but Russia exit pushes it into loss
French automaker Renault said Thursday it boosted manufacturing profitability in 2022 but the sale of its operations in Russia pushed the company into a net loss.
Feb 16, 2023
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Automotive
CES 2023: Stellantis preps cost cuts due to higher EV prices
Stellantis CEO Carlos Tavares says his company has to work on cutting costs globally in order to keep electric vehicles affordable for the middle class.
Jan 6, 2023
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Business
Elon Musk tells investors he'll pause on Tesla stock sales
CEO Elon Musk says he won't sell any more shares in Tesla for 18 months or more, likely an attempt to comfort shareholders of the electric vehicle company who have watched the stock lose nearly half of its value since Musk's ...
Dec 23, 2022
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Automotive
Rivian, Mercedes pause joint European electric van plant
Electric vehicle maker Rivian is setting aside its planned partnership with Mercedes-Benz to produce electric vans in Europe so that it can focus on its existing commercial and consumer business.
Dec 12, 2022
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Business
Electric car sales drive toward cleaner air, less mortality
Electric cars—and their continued sales growth—are expected to have a greener, cleaner influence on air pollution and reduce human mortality in most, if not all, U.S. metropolitan areas, according to Cornell University ...
Dec 8, 2022
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Automotive
Competitors chip away at Tesla's US electric vehicle share
New electric vehicle models from multiple automakers are starting to chip away at Tesla's dominance of the U.S. EV market, according to national vehicle registration data.
Nov 29, 2022
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Automotive
Italian EV startup takes on US, Chinese rivals with design
Elon Musk's Tesla paved the way nearly two decades ago. Now, the global transition to fully electric vehicles is littered with startups, inspired by a new era in mobility and drawn by the lower cost of building EVs compared ...
Nov 8, 2022
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Automotive
Defying turmoil, Porsche to go 'full throttle' with blockbuster IPO
Luxury sports carmaker Porsche will debut on the Frankfurt stock exchange Thursday in one of Europe's biggest listings in years, hoping its brand power can attract investors despite market turbulence.
Sep 29, 2022
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