California Charging Infrastructure Lags Behind Targets
Concerns are growing that California is falling behind in its ability to provide enough electric vehicle charging options to meet its own aggressive targets.
Tesla to Supply Hilton Hotels With 20,000 EV Chargers
Hilton Worldwide Holdings Inc. is partnering with Tesla Inc. to install 20,000 universal electrical vehicle chargers at 2,000 of its hotels in the U.S., Canada and Mexico.
VinFast Surges Above $200 Billion
Unprofitable Vietnamese electric vehicle maker VinFast Auto Pte Ltd. is now worth more than the likes of Goldman Sachs Group and Boeing Co.
BYD’s Growth Slows as China’s Auto Price War Takes Its Toll
BYD Co. reported its weakest revenue growth in more than a year in a potential sign of the damage discounting has done in China, the world’s biggest auto market.
San Francisco Tests Out Driverless EV Shuttle
San Francisco has launched an autonomous shuttle service less than a week after California regulators approved the expansion of robotaxis despite traffic and safety concerns.
Proterra’s Bankruptcy Illustrates Challenges for EV Startups
Electric bus maker Proterra Inc. is one of the highest-profile EV company casualties in recent years, but analysts say to expect more.
EV Maker VinFast Soars in Nasdaq Debut
VinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. as traders flipped shares of the electric vehicle maker.
Lordstown Settles Karma Lawsuit for $40 Million
Lordstown Motors Corp. has agreed to pay $40 million to settle a Karma Automotive lawsuit alleging that the company lifted designs and technology to develop its flagship Endurance truck.
Proterra Got Millions in US Aid Before Bankruptcy
Proterra Inc., the electric bus maker touted by President Joe Biden that filed for bankruptcy this week, was the recipient of millions of dollars in COVID relief government aid.
August 9, 2023Electric Vehicle Tech Maker Proterra Files for Bankruptcy
Proterra Inc., which makes heavy-duty electric vehicle components like chargers and batteries, filed for bankruptcy on Aug. 7.