Monday, 24 February 2025

Spotlight: Tesla

FILE PHOTO: The Tesla factory is seen in Fremont, California, U.S. June 22, 2018. REUTERS/Stephen Lam/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla rises ahead of Q2 deliveries report

Tesla shares gained nearly 6%, after Wall Street brokerage added the stock to its watch list ahead of their Q2 production and delivery...

FILE PHOTO: A staff member looks at Tesla's new Model 3 sedan displayed next to Model X SUV at the China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 2, 2023. REUTERS/Florence Lo/File Photo
BusinessElectric Vehicles (EVs)EmissionsManufacturingNews

Tesla deliveries set to fall for second straight quarter

The electric vehicle maker is facing stiff competition from China.

FILE PHOTO: A Nikola Hydrogen Fuel Cell EV is displayed during the press day preview of the Los Angeles Auto Show in Los Angeles, California, U.S. November 16, 2023. REUTERS/David Swanson/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FuelHydrogenNews

Walmart Canada adds Nikola’s hydrogen fuel cell-powered electric semi-truck to fleet

Nikola has delivered a hydrogen fuel cell-powered electric semi-truck to Walmart Canada, marking the first major retailer in the country to add such...

FILE PHOTO: A view shows a second-generation R1S at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Rivian says lower-cost second generation EVs to help in push for profitability

Rivian shareholders will seek details on the company's upcoming models and progress in cutting costs at an investor day event on Thursday

FILE - A Model X sports-utility vehicle sits outside a Tesla store in Littleton, Colo., June 18, 2023. An air quality board has ordered electric car manufacturer Tesla to stop illegally polluting the air in the San Francisco Bay Area. (AP Photo/David Zalubowski, File)
Electric Vehicles (EVs)EmissionsManufacturingNewsRegulations

Tesla ordered to stop releasing toxic emissions from San Francisco Bay Area plant

Tesla's EV manufacturing facility in the Bay Area has racked up over 100 violations for allegedly releasing emissions into the atmosphere over the...

FILE PHOTO: The Rivian name and logo are shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. REUTERS/Mike Blake/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Rivian jumps as $5 billion Volkswagen investment signals ‘vote of confidence’

Rivian Automotive surged 36% premarket on Wednesday after a $5 billion investment from Volkswagen bolstered the loss-making startup

FILE PHOTO: A technician works on the final inspection of an electric Volkswagen ID. 4 car model at the production plant of the Volkswagen Group in Zwickau, Germany, April 26, 2022. REUTERS/Matthias Rietschel/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsTransport

Volkswagen stock slips on cost, implications of Rivian JV; Rivian soars

VW shares fell on Wednesday as investors worried about the cost and uncertainties of a joint venture with U.S. EV maker Rivian

FILE PHOTO: Visitors walk past a BYD logo at the Beijing International Automotive Exhibition, or Auto China 2024, in Beijing, China, April 25, 2024. REUTERS/Tingshu Wang/File Photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNews

Berkshire Hathaway accelerates sales of China’s BYD

BEIJING/NEW YORK (Reuters) – Warren Buffett’s Berkshire Hathaway has accelerated its selling of shares in BYD, China’s largest seller of electric vehicles. Berkshire...

FILE PHOTO: A Tesla Cybertruck is pictured parked in the Manhattan borough of New York City, U.S. June 23, 2024. REUTERS/Agustin Marcarian/File Photo
BusinessElectric Vehicles (EVs)ManufacturingNewsTransport

Tesla recalls Cybertrucks over wiper, trim issues in latest setback

In a further blow for the electric vehicle giant, an issue with a windshield wiper, which could lead to reduced visibility, has been...

Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez
AutomotiveBusinessElectric Vehicles (EVs)FinanceManufacturingNews

EV maker Rivian simplifies output, cuts costs, aiming for first profit

Rivian has removed over 100 steps from the battery-making process, 52 pieces of equipment from the body shop and over 500 parts from...

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