EV & Battery

BYD Sells Record Half a Million Plug-In Cars in Blowout Month

BYD Co. kicked off the final quarter of the year with record monthly sales, continuing its strong performance in what is typically a peak season for auto purchases in China. The manufacturer’s global passenger-car sales jumped 66% to a record 500,526 units in October, it said Friday. While BYD reached the half-million milestone earlier than …

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Project Green Schools and Brockton High School Awarded $900k to Advance Electric Vehicle Education, Provide EV Technician Training

BOSTON, Nov. 1, 2024 /PRNewswire/ — Project Green Schools (PGS) is proud to announce its involvement in a groundbreaking new initiative aimed at advancing clean energy education and career training at Brockton High School. Supported by a grant from the Massachusetts Clean Energy Center, the initiative will advance electric vehicle education as part of the school’s new Clean Automotive Technology Center …

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LG Energy Solution’s profits plummet nearly 40% amid sluggish EV demand

LG Energy Solution reported a significant operating profit drop of nearly 40% for the third quarter, attributing the decline to sluggish demand for electric vehicles (EVs). For the three months ending September 30, the South Korean battery maker’s operating profit stood at 448.3 billion won ($323 million), slightly exceeding analyst expectations but down 39% from the previous …

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Tesla faces another US investigation: Unexpected braking

DETROIT (AP) — U.S. auto safety regulators have launched another investigation of Tesla, this time tied to complaints that its cars can stop on roads for no apparent reason. The government says it has 354 complaints from owners during the past nine months about “phantom braking” in Tesla Models 3 and Y. The probe covers …

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NR Can announces next round of funding for EV awareness

Scott Nordlund The Minister of Natural Resources Canada announced another round of funding from the federal government for EV awareness. Natural Resources Canada will provide more than $450,000 split between two organizations to support zero-emission vehicle awareness projects. Electric Autonomy Canada receives $176,375 to develop and launch an awareness initiative for light and medium-duty fleets. The project will …

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Nissan to stop making new gas engines in all markets except U.S.: report

Nissan Motor Co Ltd plans to stop developing new internal combustion engines in all its major markets except the United States and focus on making electric vehicles, the Nikkei business daily reported on Monday. The automaker will continue limited development of its gasoline engines for its U.S. market, mainly for pickup trucks, according to Nikkei, which …

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See what the future of charging stations for electric cars could look like, according to the winners of an international design competition

Grace Kay A new design competition took a stab at what the future of electric vehicle charging could look like. On Tuesday, news outlet Electric Autonomy announced the winners of its international competition that sought to reimagine EV charging stations. Parkland, a fuel retailer and the competition’s lead sponsor, said it plans to implement the winning design …

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News Roundup: Record Tesla deliveries, Jeep 4xe, electric original Minis and more

Also in the news this week: a 77-km Range Rover PHEV is coming soon and the Mercedes-Benz EQS is at dealers. In the news this week, Tesla reports record deliveries, delays Cybertruck, Semi, and Roadster, Jeep prices the Grand Cherokee PHEV, a 77-km Range Rover PHEV is coming soon, the Mercedes-Benz EQS is at dealers, …

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Lobby Wrap: Automotive industry wants training as EV sales increase

By Janet E Silver. Published on Jan 31, 2022 11:34am As fuel prices across the country increase more Canadians are looking to electric vehicles as their next automotive purchase. New Transport Canada data shows that about 130,000 consumers across the country took advantage of the $5000 federal incentive to purchase an electric vehicle since the program began in …

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National Bank of Canada buys over $600M worth of shares in Tesla (TSLA) and NIO (NIO)

Canada’s sixth largest commercial bank, National Bank of Canada, has made a large investment into electric vehicle (EV) makers Tesla and NIO. According to a 13F filing from January 24, 2022, the bank purchased and held 567,413 TSLA shares as of December 31, 2021. The filing discloses the total value of the investment at $599,661,000, equating to an …

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