EV laggard Toyota says its next-gen EVs will have over 600 miles range

Toyota plans to introduce a high-performance lithium-ion battery to its next-generation electric vehicles by 2026, part of the automaker’s new technology roadmap revealed Tuesday. The batteries wl deliver quicker charging and around 620 mes (1,000 kometers) of range, which would put Toyota

Pebble Mobility wants to build the iPhone of electric RVs

Bingrui Yang knows a thing or two about hardware, software and how people interact with them — skills picked up during stints at Apple, Zoox and Cruise. Now he’s applying those tricks of the trade to RVs with Pebble Mobility, a California-based EV startup he founded that aims to change the

Nobody is happy with NYC's $18 delivery worker minimum wage

New York City has established a new minimum wage for food delivery workers who deliver for platforms like Uber Eats, DoorDash, Grubhub and Relay. It should be a historic win for gig workers, but both delivery workers and companies are unhappy with it. Many workers, labor rights activists and even t

GM, Samsung deal for EV battery plant in Indiana increases to $3.5B

The battery belt — a region stretching from Michigan down into Georgia where the bulk of EV and battery manufacturing is concentrated — has yet another project. GM and Samsung SDI finalized a deal to build a battery cell factory in Indiana as part of a joint venture. The two had planned to spe

The 2024 Polestar 2 features more power and range

Polestar today announced the US pricing and availability of the 2024 Polestar 2, which features significant upgrades to its power and range, along with styling changes and interior improvements. The bad news? It’s more expensive. The 2024 Polestar 2 comes in two variants. Starting with this m

EV charger networks are turning to Tesla standard as support accelerates

Support for Tesla’s charging connector and charge port — called the North American Charging Standard — has accelerated in the days since Ford and GM announced plans to integrate the technology into its next-generation of EVs and sell adapters for current EV owners to gain access. More tha

Nio said not to join China’s EV price war. Now it’s cutting $4K across all models

Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday. The news came as EV makers enter a price war in the world’s largest auto market, where BYD, the 28-yea

Tesla fuels an EV charging standards war

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Carvana crashes back down to earth

Carvana’s big rally is now looking more like a blip on the radar. Shares in the online-car retailer soared Thursday, closing up by 56% from the prior day on news that it expected to post $50 million worth of adjusted EBITDA in the current quarter, powered by stronger per-car sales profitabil

GM and Ford could help spark a charging standards war by teaming up with Tesla

Seven months ago, when Tesla announced it would share its EV charging connector design to encourage automakers to adopt the technology and help make it the new standard in North America, few, if any, predicted competitors would bite. Now, with Ford and General Motors agreeing to integrate Tesla ch

Lordstown Motors plans to sue its one-time savior Foxconn

Lordstown Motors is preparing to sue Foxconn, the Taiwanese manufacturer once considered a savior to the beleaguered EV maker. Lordstown said Friday in a regulatory filing that it will sue Foxconn if the company pulls out of an investment agreement and fails to buy nearly 10% of the EV company̵

Carvana nirvana? Shorted stock surges 56% as company predicts record profits

On Thursday, online car retailer Carvana announced an especially rosy outlook (i.e., forecasted record profits) for the second quarter of 2023, and investors responded by driving the company’s stock price up 56% before the market closed. The company closed the day worth $4.58 billion, accordi

GM follows Ford’s lead and adopts Tesla chargers

General Motors will integrate Tesla’s electric vehicle charging standard in its future EVs, CEO Mary Barra said Thursday during a Twitter Spaces with Tesla CEO Elon Musk. The agreement between the erstwhile rivals comes less than two weeks after Ford announced a similar partnership, and signa

The Porsche Mission X dreams of a faster, electric sports car future

Porsche kicked off its 75th anniversary Thursday with an electrifying reveal: a battery electric hypercar concept the automaker described as a “technology beacon for the sports car of the future.” For Porsche, that means more than splashy details like an “E” on the rear that