Elon Musk Criticizes US Tariffs on Chinese Electric Vehicles
Elon Musk has recently spoken out against US government tariffs on Chinese electric vehicles, calling them “not good” and market-distorting.
Hertz's Tesla Bet Is A Cautionary Tale
A few years back, Hertz took a bold step by purchasing 30,000 Teslas, aiming to electrify 20% of its rental fleet.
Tesla Rehires Supercharging Team After Initial Layoffs
Tesla Inc. is making headlines again, this time for rehiring members of its Supercharging team, including key manager Max de Zegher, following a surprising round of layoffs initiated by CEO Elon Musk last month.
California's New Fixed Utility Charge Has Sparked A Heated Debate
Two years ago, California lawmakers quietly passed a complex energy bill that transformed how residents are billed for electricity.
South Korea Welcomes U.S. Extension on EV Tax Credits
South Korea has welcomed the U.S. decision to extend electric vehicle tax credits for cars containing Chinese graphite until 2026.
Porsche Drives Sustainability with New Electric Trucks and Alternative Fuels
Porsche is ramping up its sustainability efforts in logistics by rolling out six new electric trucks across its Zuffenhausen, Weissach, and Leipzig facilities.
U.S. Adjusts EV Tax Credit Rules, Sparks Controversy
The U.S. Treasury Department recently updated the rules for electric vehicle (EV) tax credits under the 2022 Inflation Reduction Act, stirring up a bit of a storm.
NHTSA Concludes Tesla Autopilot Safety Probe and Initiates New Investigation
The National Highway Traffic Safety Administration (NHTSA) recently wrapped up an extensive probe into Tesla’s Autopilot system that started back in 2021.
Hertz Faces Financial Strain from EV Strategy
Hertz's recent earnings report reveals a continued financial strain due to its ambitious shift towards electric vehicles.
Navigating the Bumps on the Road to Electric Vehicle Adoption
As the U.S. pushes harder towards electric vehicles (EVs), several experts are pumping the brakes, voicing concerns over numerous challenges that could impede this transition.
U.S. Residential Electricity Bills in 2023 Rose Less Than Rate of Inflation
In 2023, the average monthly electricity bill for U.S. homes nudged up by 2% to $138, which was actually less dramatic compared to the overall inflation rate of 4.1%.
TSMC Adjusts Expectations Amid Growing Challenges
On Friday, TSMC's shares in Taipei took a significant hit, dropping by 6.7% following their first-quarter earnings report.
Major Investment in Texas Samsung Chip Manufacturing by Biden Administration
The Biden administration has committed up to $6.4 billion to help Samsung Electronics set up a major computer chip manufacturing hub in Texas.
TSMC's Strategic Expansion into the U.S. Market
Taiwan Semiconductor Manufacturing Company (TSMC) is making a significant move by bringing its most advanced technology to America, aligning with U.S. President Joe Biden’s goals for a secure tech supply chain.
TSMC's Arizona Expansion Boosted by U.S. Government Funding
Taiwan Semiconductor Manufacturing Co. (TSMC), a global leader in semiconductor fabrication, is set to receive a significant boost in the U.S. with up to $6.6 billion in funding from the U.S. government.
Taiwan Earthquake Shakes Up Semiconductor Supply Chain
A massive 7.2-magnitude earthquake rocked Taiwan's eastern coast last Wednesday, causing not only tragic loss of life but also significant ripples in the semiconductor industry.
Taiwan Earthquake Shakes Up Semiconductor Industry
Taiwan's biggest quake since 1999 could jolt the semiconductor supply chain across Asia.
Nikola's Legal Drama with EMBR Over Trevor Milton's Involvement
So, Nikola Corp, the electric-vehicle maker, is in a bit of a legal tussle with EMBR.
New Era in Trucking As Biden Pushes for Electric Heavy Vehicles
The Biden administration just rolled out a regulation that’s all about boosting the sales of electric or zero-emission heavy vehicles, like school buses and cement mixers.
Tesla Faces Turbulence With Slowing EV Demand and Market Pressures
Tesla's shares are struggling, down 28% this year, while the S&P 500 Index gained 10%.