Electric and autonomous vehicle ETF falls 15% in September

Electric and autonomous vehicle ETF falls 15% in September

GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images A key ETF for electric and autonomous vehicle stocks suffered an ugly month in September, falling nearly 15% amid fears a recession could slow revenue for the automakers. The Global X … Read more

EV Batteries Could Stop Power Outages In California and US

EV Batteries Could Stop Power Outages In California and US

Photo: justin sullivan (Getty Images) California is going all-in on EVs within the next decade. In light of its recent power grid woes, the state’s EV schedule seems rushed. Heat waves are straining the power grid in the Golden Stateraising the question of how it plans to power EVs when there’s little power to begin … Read more

Ford CEO Jim Farley reveals why 2024 Mustang is staying gas-powered

Ford CEO Jim Farley reveals why 2024 Mustang is staying gas-powered

Ford Chair Bill Ford and President and CEO Jim Farley converse in front of newly revealed Mustang Dark Horse at The Stampede in downtown Detroit on Sept. 14, 2022. Ford DETROIT – Ford Motor CEO Jim Farley was in his element Wednesday night, surrounded by gearheads and the automaker’s new 2024 Mustang models, including a … Read more

Here’s Why Toyota Isn’t Going All-In On Electric Vehicles

Here’s Why Toyota Isn’t Going All-In On Electric Vehicles

While many automakers have committed billions of dollars in recent years to develop all-electric vehicles, Toyota has approached the technology with far more caution – opting instead to continue investing in a portfolio of hybrid “electrified” vehicles, such as the Prius. And while the Japanese automaker was a darling of US environmentalists and ‘eco-conscious’ consumers … Read more

Volvo starts series production of heavy-duty electric trucks

Volvo starts series production of heavy-duty electric trucks

This image shows workers at Volvo Trucks’ plant in Sweden. Volvo Trucks Volvo Trucks said Wednesday that production of three heavy duty electric truck models was now underway, with its president telling CNBC that the news represented “a big moment” for the firm. In a statement, Volvo Trucks said the electrified Volvo FM, Volvo FMX … Read more

Elon Musk Is Being Investigated Like a Mob Boss

Elon Musk Is Being Investigated Like a Mob Boss

The face of a man that has everything totally, completely, under controlPhoto: ANGELA WEISS/AFP (Getty Images) Elon Musk’s cryptocurrency woes are mounting, more countries are voicing their concern over Biden’s Inflation Reduction Actand Tesla is getting things moving in China. All that and more in The Morning Shift for Thursday, September 8, 2022. 1st Gear: … Read more

Elon Musk Has a Controversial Idea Against the Russian Threat

Elon Musk Has a Controversial Idea Against the Russian Threat

Elon Musk is a global CEO with a keen interest in geopolitical affairs. Since the invasion of Ukraine by Russia on Feb. 24, the co-founder and chief executive officer of Tesla (TSLA) has closely followed the evolution of the war, which has already caused many deaths and the displacement of millions. The Russian bombings have … Read more

Australian bank to scrap loans for new diesel and gasoline cars

Australian bank to scrap loans for new diesel and gasoline cars

Cars and buses in Sydney, Australia, on Monday, May 25, 2020. Authorities in the country are looking to set up a National Electric Vehicle Strategy. Brendon Thorne | Bloomberg | Getty Images An Australian bank plans to stop giving loans for new diesel and gasoline cars as the country tries to encourage the use of … Read more

UK Charging Infrastructure Is Struggling To Keep Up With Soaring EV Sales

UK Charging Infrastructure Is Struggling To Keep Up With Soaring EV Sales

By City AM – Aug 18, 2022, 2:00 PM CDT Electric vehicle adoption is on the rise in the UK. Charging infrastructure is lagging behind the boom in EV sales. The AA is calling for an urgent boost in on-street charging to help the 40 percent of households without a driveway. Just 107 local authorities … Read more

New ETF gears up to attract hesitant investors

New ETF gears up to attract hesitant investors

Risk-averse investors have a new option to make safer bets on Tesla. Innovator ETFs launched the Innovator Hedged TSLA Strategy ETF (TSLH) – among other defined outcome products – last month. According to the ETF’s CEO Bruce Bond, it gives investors exposure to the stock while largely steering clear of volatility and valuation risks by … Read more