Wednesday, 23 April 2025

Spotlight: Tesla

FILE PHOTO: A Polestar 2 electric car is seen in Stockholm, Sweden in this undated photo obtained February 27, 2019. Polestar/Handout via REUTERS
BusinessElectric Vehicles (EVs)NewsPoliticsTrade

Polestar posts loss, plans steps to offset tariffs on China-made EVs

The Swedish company currently makes all its electric vehicles in China.

FILE PHOTO: A car is shown for sale at a car lot in National City, California , U.S., June 15, 2022. REUTERS/Mike Blake/File Photo
AutomotiveBusinessNews

US second-quarter new vehicle sales growth slows after CDK cyber attack

By Nathan Gomes (Reuters) -Top U.S. automakers posted slower sales growth for the second quarter as a cyberattack at software systems provider CDK...

FILE PHOTO: A person walks next to BYD Seal car in a BYD Auto company and Autotorino store in Milan, Italy, March 20, 2024. REUTERS/Claudia Greco/File Photo
BusinessElectric Vehicles (EVs)FinanceNews

China’s BYD posts 21% jump in quarterly EV sales, closes gap with Tesla

BEIJING (Reuters) -China’s BYD posted a 21% rise in second-quarter electric vehicle sales, closing the gap with Tesla after handing back the world’s...

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

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