Investor Lawsuit Against Elon Musk and Tesla Goes to a Jury
The case centers on whether investors lost money because they believed Mr. Musk’s social media posts about taking Tesla private in 2018.
Shoppers get some clarity on tax-credit price caps and SUVs like the Tesla Model Y. Volvo aims more EVs for China. VW reportedly approved a smaller EV for the U.S. And Ford is aiming to keep it simple and scale up with its EVs. Sound familiar? This and more, here at Green Car Reports. Ford CEO Jim Farley on Thursday revealed that the company will...
The U.S. Treasury Department on Friday announced an update on how vehicles will qualify as a car or an SUV under the revamped EV tax credit, now known as the clean vehicle tax credit. For EV shoppers it’s good news, as it will clear up a confusing and seemingly arbitrary dividing line in which some versions of certain models—like the...
Volkswagen has approved an EV slotting below the ID.4 for the North American market, and it's considering a battery plant in Ontario, according to German business daily Handelsblatt. The report notes five recent entries in the Canadian province's Registry of Lobbyists for VW, including one that mentions CEO Oliver Blume, who last year said that...
Volvo is planning to expand its EV lineup at the behest of parent company Geely, Reuters reported Thursday. The automaker plans to launch six new EVs through 2026, according to the report, which cites two anonymous sources with knowledge of Volvo's product plans. Volvo was already no slouch in the transition. It was one of the first brands to...
Ford CEO Jim Farley has already upped F-150 Lightning production to 150,000 a year, and he’s pressing production of its Mustang Mach-E toward 200,000 a year, effectively reengineering it along the way. At the same time, this ramp has been part of a heavy lift at Ford—literally airlifts of parts at times—that’s costing the...
A group helps map out the federal EV charging network. Kansas looks at taxing charging. And will EV range keep getting longer as batteries improve? This and more, here at Green Car Reports. Will future EVs keep offering longer range than previous models? Consider the CEO of Mazda in the U.S. as among many executives who aren’t planning on...
Jeffrey Guyton, the president and CEO of Mazda USA, isn’t sold on the EV range race. Guyton told Green Car Reports at the 2024 Mazda CX-90 reveal that while electric vehicle buyers today are looking for 300 miles of range, the future's not ever-longer range. Consumers will find they don’t really need even that much, he said...
A Kansas House bill calls for a tax on public EV charging—but not home charging. The proposed tax of 3 cents per kilowatt would go to a Kansas highway repair fund reliant on revenue, according to the Kansas Reflector, but it could force EV drivers to pay more than other drivers. Any tax on public charging would effectively be "double...
Meeting federal goals for a national charging network will require 1,104 EV fast-charging stations along major corridors, according to a new Great Plains Institute study. The Bipartisan Infrastructure Law set aside $7.5 billion to build a national EV charging network of 500,000 charging sites, with $5 billion of that amount to be distributed to...
Toyota’s change at the top likely doesn’t change its position on EVs. GM says it’s flexible on battery format; read into that what you will. And the Hyundai Ioniq 6 pushes efficiency and range to new heights. This and more, here at Green Car Reports. The Hyundai Ioniq 6 beats the Tesla Model 3 in range and efficiency, with an...
GM has built a strong argument around the idea that one specific battery cell format, co-developed with LG, is a key for the company realizing certain economies of scale as it ramps up EV production. But recent reports have suggested that GM is shopping around, and may be considering a shift to cylindrical cells for some upcoming vehicles. And...
A leadership change at Toyota doesn't seem to have changed the automaker's EV strategy. Akio Toyoda recently announced a step over to chairman after 14 years as CEO of the automaker founded by his grandfather, with Koji Sato anointed as the next Toyota CEO. But the automaker's stance on EVs—that they're not the only solution to addressing...
The 2023 Hyundai Ioniq 6 is EPA-rated at up to 361 miles of range and 140 MPGe combined, Hyundai confirmed Tuesday. Those figures apply to the Hyundai Ioniq 6 SE RWD Long Range model with the larger 77.4-kwh battery pack (a 53.0-kwh pack is the base offering). Opting for all-wheel drive results in 316 miles of range and 121 MPGe. Note that the SE...