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Tesla Emerges Victorious in Autopilot Crash Lawsuit - Tesla's 11-Day Winning Streak Shakes Short Sellers
Tesla

Tesla Rides High on Q3 Delivery Projections and Robotaxi Promise

Deutsche Bank analyst Edison Yu has maintained a Buy rating on Tesla (TSLA) with a price target of $295.00, according to a report from TipRanks. This optimistic outlook stems from Tesla’s anticipated strong performance in Q3 2024 and exciting developments in its robotaxi program. Robust Q3 Delivery Forecast Yu projects Tesla’s Q3 2024 deliveries to…

BMW Takes the Lead in Climate Innovation at NYC Event
BMW

BMW Takes the Lead in Climate Innovation at NYC Event

BMW’s Urban-X platform stole the show at Climate Week NYC 2024, showcasing cutting-edge solutions for urban sustainability. The automaker’s initiative, born from its MINI subsidiary, is tackling the infrastructure gap hindering widespread EV adoption head-on, reports Design Boom. BMW, long known for its luxury vehicles, is proving it’s just as committed to solving climate challenges.…

Volvo

Volvo Taps the Brakes on All-Electric Ambitions, Citing Market Realities

In a surprising turn of events, Volvo, once a trailblazer in the electric vehicle revolution, is now easing off the accelerator on its ambitious all-electric plans. This strategic shift comes as the Swedish automaker grapples with a market that’s not quite as enthusiastic about EVs as initially anticipated, according to a recent report from The…

Porsche Macan EV Charges Ahead with Impressive EPA Range and Cutting-Edge Tech
Elon Musk

EV Sales Hold Steady as Overall Auto Market Slows

Battery-electric vehicles (BEVs) are maintaining their foothold in the US auto market, defying a broader slowdown in new vehicle sales. According to estimates from S&P Global Mobility, BEVs claimed 8% of new vehicle sales in June and July, with September expected to surpass that benchmark. This resilience comes at a time when the overall auto…

Tesla

US Proposes Sweeping Ban on Chinese Tech in Cars, Citing National Security Concerns

The US Commerce Department has proposed a far-reaching rule that could effectively ban Chinese-developed software and connectivity-related hardware in cars sold in the United States. This move, reported by The New York Times, is part of a broader effort by the Biden administration to limit Chinese influence in the automotive sector, particularly in the rapidly…

Tesla's Charging Network Becomes Gold Standard
Make

New Cathode Discovery Could Make EVs Cheaper Than Gas Cars

A groundbreaking discovery by researchers at Georgia Tech could revolutionize the electric vehicle industry. The team has developed a new cathode material for lithium-ion batteries that costs just 1-2% of traditional materials with similar capacity. This breakthrough, reported by The Independent, has the potential to significantly reduce EV costs and accelerate the transition to clean…

EV Giant Nio Plans Drastic Job Reductions Amid Rivalry
NIO

Chinese EV Giant Nio Pushes Back Against US, EU Tariffs

Nio Inc., a leading Chinese electric vehicle manufacturer, is voicing strong opposition to recent tariff measures proposed by the United States and European Union on Chinese EVs. This pushback comes amidst rising trade tensions and debates over fair competition in the global EV market. Nio Founder Calls Tariffs ‘Unreasonable’ According to a Bloomberg News report,…

Siemens Spins Off EV Charging Biz to Juice Up Growth
Tesla

Siemens Spins Off EV Charging Biz to Juice Up Growth

Siemens is carving out its electric vehicle (EV) charging business, aiming to charge up growth in this booming sector. The German industrial giant announced on Monday that it plans to separate its Siemens eMobility unit, combining it with recently acquired DC fast-charging specialist Heliox under a new legal structure. Riding the EV Wave The EV…

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