EV-Battery Rivals Prod Biden With Rare Trade Veto in Balance
Two of the world’s largest electric-vehicle battery-makers have hired top Washington insiders to hold near-daily meetings with the Biden administration in a battle that could affect the electrification plans of Ford Motor Co. and Volkswagen AG.
GM to Build Electric Pickup at Detroit Plant
General Motors Co. is about to enter the electric-pickup battle, announcing April 6 that it will build a battery-powered Chevrolet Silverado model at its Detroit-Hamtramck plant.
Tesla Deliveries Smash Expectations on Reception in China
Tesla Inc. delivered more cars than expected in the first quarter, a strong start to a year in which CEO Elon Musk will be scaling global operations and building two more factories.
EV Stocks Climbing Back on Biden’s ‘Green Tidal Wave’
Electric vehicle stocks, which were hit hard this year as investors shifted out of growth industries, are getting a boost as President Joe Biden mounts a major push to accelerate the adoption of battery-powered cars, and Chinese peers report strong March sales.
‘Chargers Everywhere’: Biden Maps $174 Billion Path for EV Boom
The U.S. auto industry sees President Joe Biden’s infrastructure package as accelerating a global shift toward electric vehicles, thanks to the $174 billion proposed for charging stations, planned consumer rebates for American-made EVs and a pledge to electrify the government’s fleet.
Senate Legislation Targets EV Charging Stations
The Securing America’s Clean Fuels Infrastructure Act, recently introduced by a bipartisan group of senators, would aim to boost investments, including extending current tax incentives for projects through 2029.
Frito-Lay Replaces All Diesel Vehicles at Facility With Cleaner Tech
Frito-Lay has largely completed the transformation of a snack food facility in California to use zero-emission and near-zero-emission technologies for production and transportation.
Tesla, Apple Trigger Wall Street Dreams of $3 Trillion Valuation
A growing chorus of Wall Street professionals is predicting that electric and autonomous vehicles sales will propel Tesla Inc. and Apple Inc. to $3 trillion each in market value by 2030.
EV Maker Lordstown Dips on SEC Look at Short-Seller Claims
Electric-truck startup Lordstown Motors Corp. fell in extended trading after reporting it received an inquiry on its operations from the Securities and Exchange Commission.
Lordstown Motors Sets Debut Report Without EV Pickups to Show Off
Lordstown Motors Corp.’s first-ever quarterly report is likely to be overshadowed by broader concerns about customer demand and progress on getting production going at the electric-vehicle startup.