Record Sales Push Tesla To 2nd Straight Quarterly ProfitTesla shares have more than tripled in value since May of last year, pushing the company’s market value above giant German automaker Volkswagen as well as the combined values of General Motors and Ford.
GM To Invest $2.2B To Build Electric VehiclesGM said in a statement that the factory will start building the company's first electric pickup late in 2021, followed by a funky-looking self-driving shuttle for GM's Cruise autonomous vehicle unit.
Tesla 2019 Sales Rise Over 50% From Previous YearThe electric car maker delivered a record of about 112,000 vehicles in the fourth quarter and about 367,500 for the full year.
Volkswagen Raises Forecast For Electric Car ProductionThe Wolfsburg-based automaker said its core Volkswagen brand would turn out a million battery-only cars by the end of 2023 instead of 2025, and would reach 1.5 million by the end of 2025.
Electric Pickup Truck Company Rivian Raises $1.3 BillionRivian, the company making electric vehicles for Amazon and Ford, just got a big influx of cash.
Electric Vehicle Sales On The Rise, But More Charging Stations Needed To Keep The Trend GoingCBS 2 Morning Insider Vince Gerasole hit the road with Adam Fendelman, a kind of gadget head addicted to his electric vehicle, a Tesla Model 3.
Amazon Invests In Electric Pickups, Production Starts In Normal In 2020Rivian unveiled an all-electric pickup and an SUV at the 2018 Los Angeles Auto Show in November and plans to begin production of the vehicles in a factory in Normal, Illionois, next year. The company is headquartered in Plymouth, Michigan, not far from Detroit.
Lyft Offers Electric Vehicle Options For Riders, Drivers"It will be interesting to see from a consumer perspective, if you want to be picked up by an electric vehicle, what if the wait's 10 minutes longer? Because not everyone's going to be driving one of those."
Route 66 Gets Electric Charging Stations In IllinoisThe project will allow drivers of electric cars to zoom along the 300-mile stretch from Lake Michigan to the Mississippi River near St. Louis.
Small Cars Don't Fare Well In New Crash TestsOnly one of 12 vehicles earns "good" rating in Insurance Institute for Highway Safety test.
Electric Vehicle Owners Getting More Places To Charge UpChicagoans soon will be able to juice up their electric cars at charging stations at Willis Tower, five local tollway oases, O’Hare and Midway airports and at select I-GO, Zipcar, grocery store and shopping mall parking lots.