Chinese electric carmaker Nio has filed for an initial public offering to sell its stock in the U.S., according to a Reuters report Tuesday. The company, which has built a Formula E race car, an exotic electric sports car, and an electric SUV for China, is looking to ramp up production and build a smaller, more affordable SUV. It will trade on the...
Smaller, lighter cars always get the blame when politicians want to lower fuel-economy standards. They lobby that too many Americans will be driving lighter cars and that that will lead to more deaths on America's roadways. That's exactly the argument that the Trump administration made earlier this month in its proposal to weaken fuel economy...
Kids are getting ready to go back to school and many will need wheels. Yet many environmentally conscious youngsters—and parents—may no longer accept a gas-burning machine, or at least not one that has to burn gas everywhere it goes. Last week, we suggested seven plug-in cars that would make great back-to-school rides. CHECK OUT: The 7...
Executives are permitted to disclose market-moving information on social media. But Mr. Musk has provided regulators ample opportunity to re-examine the policy.
The VW TDI settlement nears completion. Elon Musk reveals more details about his privatization plan for Tesla. And Electrify America rolls out the "Jetstones" to promote electric cars. All this and more on Green Car Reports. Owners of 2.0-liter VW TDI models have until Sept. 1 to file for settlements with the company over the diesel emissions...
In a public letter to investors Monday morning, Tesla CEO Elon Musk expanded on details of his plan to take the company private. Musk announced Aug. 4 on Twitter that he was considering a privatization plan and had funding "secured." In the letter Monday, he revealed that he has been in discussions for almost two years with the sovereign wealth...
In a blog post, Mr. Musk, the electric carmaker’s chief executive, offered his fullest explanation yet for what he said were the circumstances behind a message that took Wall Street by surprise.
Time is running out for owners of 2.0-liter VW TDIs to file their claims against the company and receive a settlement that could be worth at least $5,100. All claims in the diesel emissions lawsuit must be filed by Sept. 1. So far, Volkswagen has bought back more than 350,000 TDIs and repaired another 57,000. CHECK OUT: VW TDI owners face deadline...
If regular automakers aren't advertising their electric cars well enough, maybe purveyors of electric-car infrastructure can fill in the gaps. Electrify America, VW's court-mandated effort to build a nationwide DC fast-charge network, is launching its first ad campaign Monday on behalf of all electric cars. Called the "Jetstones," the ad campaign...
Mining operations get a lot of flack for creating environmental problems around the world. Yet they provide much of the basic material that keeps the global economy humming. Some mining companies are drilling down in their efforts to clean up their acts. As the world’s fourth-largest gold mining company Goldcorp has received its share of...
