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Posted on November 10, 2021

Tesla is losing US EV market share but gaining luxury share, now outselling Mercedes-Benz

2021 Tesla Model S PlaidTesla's overall EV market share in the United States—the portion of the EV market that it commands—is shrinking; but its share of the luxury segment is growing, according to research firm Experian. The Silicon Valley automaker's share of the overall U.S. EV market fell from 79.5% through the second quarter of 2020 to 66.3% for the same...
Posted on November 10, 2021

2017-2018 Kia Optima Hybrid, 2017 Hyundai Sonata Hybrid recalled for engine issue

2017 Kia Optima HybridRecalls of 2017-2018 Kia Optima Hybrid and 2017 Hyundai Sonata Hybrid sedans are underway to address an issue with the affected vehicles' gasoline engines. Both models share a basic platform and powertrain, the latter being the cause of the recall. Affected vehicles may have connecting rod bearings that can be easily damaged, according to National...
Posted on November 10, 2021

Pete Buttigieg Says U.S. ‘Focused’ on Reducing Auto Emissions

At the Glasgow climate summit, the transportation secretary said the U.S. would not join a global pledge to phase out gas- and diesel-powered cars.
Posted on November 10, 2021

Wireless inductive charging could sell more EVs, concludes study for tech leader

Wireless charging in parking building  -  WiTricityWireless charging firm WiTricity is making the case that its tech will help sell more electric cars. The company on Wednesday released results of a study it commissioned showing that availability of wireless charging could nudge consumers into taking the plunge. "EV considerers" who haven't committed to purchasing an EV indicated that their intent...
Posted on November 10, 2021

In France, the People COP26 Forgot Seethe Over Rising Energy Prices

In one area of France, worries about rising energy prices trump anxiety about rising temperatures, raising fears of a resurgence of the Yellow Vest social uprising.
Posted on November 10, 2021

Rivian prices its I.P.O., valuing the electric-vehicle maker at nearly $70 billion.

The company, backed by Amazon and Ford, has delivered only 156 trucks so far, but its market worth approaches that of Ford.
Posted on November 10, 2021

6 Automakers and 31 Countries Say They’ll Phase Out Gasoline Car Sales

Ford, G.M. and Mercedes agreed to work toward selling only zero-emissions vehicles by 2040. But Toyota, Volkswagen and Nissan-Renault did not join the pledge.
Posted on November 10, 2021

6 Automakers and 31 Countries Say They’ll Phase Out Gasoline Car Sales

Ford, G.M. and Mercedes agreed to work toward selling only zero-emissions vehicles by 2040. But Toyota, Volkswagen and Nissan-Renault did join the pledge.
Posted on November 9, 2021

Behind Elon Musk’s Twitter Poll Is a Tax Bill Coming Due

He asked whether he should sell 10 percent of his stock, and Twitter voters said yes. Stock options he was granted in 2012 are “a ticking tax time bomb,” one expert said.
Posted on November 9, 2021

Tesla shares slide again as Musk’s stock-sale tweet continues to reverberate.

Tuesday’s losses put Tesla’s stock down more than 11 percent this week.

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