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Electric Vehicles

Chief Legal Officer sells 50,575 shares

QuantumScape Corp (NYSE:QS), a leader in developing solid-state lithium-metal batteries for electric vehicles, reported an insider sale, according to a recent SEC filing. The company’s Chief Legal Officer, MCCARTHY MICHAEL O III, sold 50,575 shares on August 21, 2024. Following…

Ford puts the brakes on electric trucks and SUVs and focuses on hybrid and commercial vehicles • Carbon Credits

Ford Motor Company has announced a significant change in its electric vehicle strategy that will impact its production plans and financial outlook. The automaker is postponing the launch of a next-generation all-electric pickup truck and halting development of a new…

Tesla cuts down 500,000 trees at its Berlin plant despite protests

500,000 trees were felled for this purpose. – Photo: Soeren Stache/picture alliance (Getty Images) Between 2020 and 2023, Tesla cut down more than 500,000 trees on the outskirts of Berlin to make room for its German gigafactory. If they had…

Biden’s IRA promotes half a trillion dollars investment in green technology

The introduction of the Biden administration’s Inflation Reduction Act (IRA) has led to a rapid acceleration of the green transition, supported by high levels of domestic manufacturing and a rapid increase in the country’s renewable energy capacity. The IRA is…

NTSB launches battery safety investigation after Tesla semi-trailer fire in California

CBS News Sacramento Live EMIGRANT GAP – The National Transportation Safety Board, in coordination with the California Highway Patrol, says it has launched a safety investigation into the crash and fire involving a Tesla semi-trailer truck in Placer County. The…

Ford postpones plans for electric trucks and replaces electric 3-row SUVs with hybrids

In this story Ford Motor Co. (F) announced Wednesday that the company would abandon plans for its all-electric SUVs with three rows of seats and delay the release of its large electric truck, citing the need to focus on affordability…

Ford says a pickup truck will be the first electric vehicle built on its low-cost platform

The first vehicle to be built on Ford’s secretly developed low-cost electric vehicle platform will be a mid-size pickup truck scheduled to launch in 2027, the automaker announced Wednesday morning. The news is part of a much larger overhaul of…

Tesla invests in huge tree planting project after fierce backlash against Gigafactory: “An amazing project”

Tesla is leading by example and making the planet greener – literally. The electric car brand has become a household name over the years – not only because of its revolutionary electric cars, trucks and charging stations, but now because…

GMC aims to take the lead in electric trucks against Tesla, Ford and Rivian

2024 Sierra EV Denali Edition 1 Source: General Motors MILFORD, Mich. — General Motors’ Premium brand GMC aims to become the market leader in sales of fully electric trucks for US consumers with the launch of its new electric pickup…

Trump targets Biden’s tax incentives for electric cars

If Donald Trump is elected president in November, he will end subsidies for electric cars of up to $7,500 per car. “Tax credits and tax incentives are generally not a very good thing,” said the Republican candidate told Reuters in…