🔋 Tesla vehicle deliveries slow to a crawl after months of supply chain disruptions affecting manufacturing in China.
In Q2, the electric vehicle manufacturer delivered 310,000 less than they had delivered in Q1. Shanghai’s Tesla factory was shut down due to coronavirus restrictions for several months and the development of Germany and Texas production plants has caused major delays.
A few years back, Hertz took a bold step by purchasing 30,000 Teslas, aiming to electrify 20% of its rental fleet.
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.
Two years ago, California lawmakers quietly passed a complex energy bill that transformed how residents are billed for electricity.
South Korea has welcomed the U.S. decision to extend electric vehicle tax credits for cars containing Chinese graphite until 2026.
Porsche is ramping up its sustainability efforts in logistics by rolling out six new electric trucks across its Zuffenhausen, Weissach, and Leipzig facilities.
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.
The National Highway Traffic Safety Administration (NHTSA) recently wrapped up an extensive probe into Tesla’s Autopilot system that started back in 2021.
Hertz's recent earnings report reveals a continued financial strain due to its ambitious shift towards electric vehicles.
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.
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%.
On Friday, TSMC's shares in Taipei took a significant hit, dropping by 6.7% following their first-quarter earnings report.
The Biden administration has committed up to $6.4 billion to help Samsung Electronics set up a major computer chip manufacturing hub in Texas.
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.
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.
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's biggest quake since 1999 could jolt the semiconductor supply chain across Asia.
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.
President Biden has announced America's strictest vehicle exhaust emissions regulations yet, aiming to push the auto industry towards all-electric cars.
Energy giant Shell is shifting gears, planning to sell off some of its gas stations to make room for more electric vehicle charging stations.
In the past year, over a million fully electric cars, trucks, and SUVs were sold in the U.S., marking a record in the country's shift away from gas-powered vehicles.
Apple has called it quits on its ambitious Apple car project, known internally as 'Project Titan', reallocating its 2000-strong workforce.
The US Department of Energy (DOE) is investing $30 million to bolster the electric vehicle battery supply chain in the country.
The EV market is experiencing some shifts: Tesla, Ford, and General Motors are adjusting strategies.
Rivian Automotive Inc. saw its shares bounce back slightly on Monday after a tough week marked by disappointing earnings.
Starting a new automaker is no easy feat, and it's been a rarity in the last four decades. It's not just about designing a car but also establishing the necessary infrastructure.
Arrival, the UK startup once hailed as an EV trailblazer with its micro-factories producing delivery vans for companies like Uber and UPS, is now in dire straits
Three major medium- and heavy-duty truck manufacturers - Daimler Truck North America (DTNA), Navistar Inc., and Volvo Group North America - have teamed up to create Powering America’s Commercial Transportation (PACT), an initiative aimed at advancing electric truck infrastructure.
Elon Musk has recently spoken out against US government tariffs on Chinese electric vehicles, calling them “not good” and market-distorting.