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Akash Sriram

The Fisker logo is shown on the back of a Fisker Ocean electric SUV vehicle at one of the company’s sales, service ands delivery centers in Vista, California, U.S., May 22, 2024.   REUTERS/Mike Blake/file photo
AutomotiveBusinessElectric Vehicles (EVs)News

EV startup Fisker files for bankruptcy

Fisker has been trying to ramp up production of its Ocean SUV, which has had software and hardware issues.

FILE PHOTO: Tesla CEO Elon Musk and his security detail depart the company's local office in Washington, U.S. January 27, 2023.  REUTERS/Jonathan Ernst//File Photo
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Musk says Tesla shareholders voting in favor of his $56 billion pay package

Tesla shareholders were set to approve Elon Musk's $56 billion pay package in what is being seen as a thumbs-up to his leadership...

FILE PHOTO: A parking lot of predominantly new Tesla Model 3 electric vehicles is seen in Richmond, California, U.S. June 22, 2018. Picture taken June 22, 2018. REUTERS/Stephen Lam/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla drops annual goal of 20 million vehicles in impact report

Tesla impact report makes no mention of aspiration to sell 20 million cars a year by 2030, as company shifts its focus to...

FILE PHOTO: U.S. power chip maker Wolfspeed’s silicon carbide 200mm wafer is seen on display at Wolfspeed’s Mohawk Valley Fab in Marcy, New York, U.S., April 2022. REUTERS/File Photo
BusinessElectric Vehicles (EVs)News

Chipmaker Wolfspeed revenue below estimates as EV sales growth slows

Wolfspeed forecast current-quarter revenue below estimates as automakers grapple with high inventory levels due to slow EV sales growth

FILE PHOTO: Elon Musk, CEO of SpaceX and Tesla and owner of X, formerly known as Twitter, gestures as he attends the Viva Technology conference on innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo
AnalysisAutomotiveBusinessElectric Vehicles (EVs)InfrastructureNewsTransmissionUtilities

Musk disbands Tesla Supercharger team, leaving customers in the dark

Analysis: Elon Musk's abrupt decision to lay off employees who ran Tesla's charging business blindsided automakers gearing up to equip new EVs for...

A logo is pictured on an electric car at the Tesla Inc. vehicle facility in Costa Mesa, California, U.S., November 1, 2023.     REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)News

Tesla’s California registrations down second quarter in a row

Globally, Tesla's quarterly deliveries fell for the first time in nearly four years as price cuts and incentives proved insufficient in drumming up...

FILE PHOTO: People visit a Ford booth at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Ford’s first-quarter adjusted profit falls, sees increase in hybrid vehicle sales

Ford CEO Jim Farley says he has walked back some of the company’s EV ambitions to better match consumer demand. Hybrids are a...

FILE PHOTO: The logo of car manufacturer Tesla is seen at a dealership in London, Britain, May 14, 2021. REUTERS/Matthew Childs/File Photo
BusinessElectric Vehicles (EVs)News

Tesla’s quarterly revenue falls for the first time since 2020

Tesla's revenue fell in the first quarter as it handed over fewer electric vehicles to customers due to slowing demand and intense competition...

Tesla electric vehicles are lined up at a dealership in Durango, northern Spain, October 30, 2023. REUTERS/Vincent West/File Photo
BusinessElectric Vehicles (EVs)News

Tesla expected to post lower profit margin amid doubts on growth, product strategy

Tesla is expected to report its lowest gross profit margin in more than six years on Tuesday after a chaotic week that included...

BusinessElectric Vehicles (EVs)LabourNews

EV-maker Rivian cuts 1% of workforce in second job cut this year

Electric-vehicle maker Rivian said on Wednesday it cut about 1% of its workforce as it reduces cost amid a broader slowdown in EV...

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