Tesla’s shares experienced a significant surge of over 6% during trading on Wall Street on Monday, following the announcement of impressive second quarter delivery numbers by the company’s CEO, Elon Musk. Thanks to Musk’s price reductions, Tesla managed to deliver a total of 466,140 vehicles in the April to June period, marking a 10% increase …
The immediate effects of the policy were evident, with industry groups sounding the alarm about the enormous effort that would be required. The SMMT emphasized the need to reassure consumers that they can afford new technologies, that these technologies can meet their mobility needs, and most importantly, that recharging electric vehicles will be as convenient …
Alef Aeronautics, a California-based company, is now accepting preorders for its flying electric car, which has received a Special Airworthiness Certification from the Federal Aviation Administration (FAA). This certification allows the company to conduct road and air tests of the vehicle. The fully-electric car, which also has a hydrogen option for a higher price, is …
In a recent survey conducted by Churchill, the opinions of 500 fleet drivers were gathered. The findings are deemed relevant for everyday motorists as well due to widespread supply issues in the industry. For certain models, the waiting time can be even more prolonged. Ginny Buckley, the founder of car website Electrifying.com, mentioned that individuals …
Customers were initially attracted to the idea of a high upfront cost that would eventually be offset by cheaper charging. However, the recent increase in natural gas prices due to Russia’s attack on Ukraine has caused electricity costs to soar. Additionally, petrol prices have slightly decreased in recent months, narrowing the advantage of electric cars. …
The partnership between Aston and Lucid presents a solution to Aston’s need to offer electric models to meet customer demands, while providing Lucid with much-needed financial support. As part of the deal, Lucid will acquire $100m (£79m) worth of Aston shares and receive $132m in cash over the coming years. Aston, a venerable 110-year-old brand, …
It is important to note that certain providers offer a subscription-based service. For instance, BP Pulse, a charge point provider, offers prices between 44p and 67p per kWh for members, and between 57p and 69p per kWh for guests or contactless users. Additionally, some EV operators, such as the Tesla Supercharger Network, provide free or …
David Smallman, a 77-year-old resident of Hampshire, originally reserved a petrol car from Hertz’s Newcastle Airport branch. However, upon his arrival, he was informed that only electric vehicles (EVs) were available. “Hertz has been my preferred car rental company for many years,” Smallman stated. “I informed them that this wasn’t what I had booked, but …
Ford CEO Jim Farley criticized Tesla’s Cybertruck, stating that it is designed for “Silicon Valley people,” while Ford’s F-150 Lightning is meant for “real people who do real work.” Despite the criticism, Ford recently partnered with Tesla to provide access to Tesla Superchargers for F-150 Lightning drivers. Farley mentioned that Ford is the market leader …
In a remarkable shift, petrol cars accounted for less than 50% of total sales last month, as Tesla, the electric car giant, emerged as the best-selling brand in the UK. Data from transport researchers New AutoMotive reveals that new electric cars comprised just over a quarter of the total vehicles sold in December, while the …