Electric vehicles

XPeng leads investment in $200 million fund focused on ‘frontier’ tech

A new Xpeng P7 car is shown in the Xpeng Motors flagship store in a shopping mall. Xpeng P7 is one of the two popular models of Xpeng motors.Zhang Peng | LightRocket | Getty ImagesChina's XPeng said Thursday it...

Tesla hikes China-made Model Y price again — by more than $2,000

Customers experience new energy electric vehicles at a Tesla store in Shanghai, China, On December 4, 2021.Future Publishing | Future Publishing | Getty ImagesTesla raised the price for its cheapest Model Y car in China by 15,060 yuan ($2,372)...

VW and Goldman Sachs-backed Northvolt plans German gigafactory

A lithium-ion prismatic cell battery from Northvolt, photographed on Feb. 17, 2022.Mikael Sjoberg | Bloomberg | Getty ImagesNorthvolt said Tuesday it would look to build a gigafactory in Germany, with the firm hoping the facility's first batteries will be...

Tesla hikes car prices in the U.S., China after Musk inflation warning

Tesla CEO Elon Musk speaks at a delivery ceremony for Tesla China-made Model 3 in Shanghai, east China, Jan. 7, 2020.Ding Ting | Xinhua News Agency | Getty ImagesTesla has hiked the prices of its electric vehicles in the...

Ford says it will ramp up EV offering in Europe

A Ford facility in Cologne, Germany, photographed in February 2021.Oliver Berg | AFP | Getty ImagesFord has laid out plans to roll out three new passenger electric vehicles and four new commercial EVs in Europe by 2024, with the...

Aston Martin inks deal to develop batteries with Britishvolt

The Aston Martin Rapide E electric vehicle on display at the Auto Shanghai 2019 show in Shanghai, China.Qilai Shen | Bloomberg | Getty ImagesAston Martin is to work with Britishvolt on the development of "high performance battery cell technology,"...

Sony and Honda team up to develop electric cars with goal of sales beginning in 2025

Kenichiro Yoshida, Chairman, President and CEO of Sony Group Corporation, speaks as he introduces the VISION-S 02, an SUV prototype vehicle, as the VISION-S 01, announced in 2020, is on display during a Sony press event for CES 2022...

Why Tesla and GM want to be big in the car insurance business

A Tesla dealership in Colma, California, on Wednesday, Jan. 26, 2022.David Paul Morris | Bloomberg | Getty ImagesFor consumers who have found that costlier insurance is just one of the expenses that make electric cars trickier to love, this...

Tesla FSD Beta users show CNBC how the system works — and doesn’t

Tesla CEO Elon Musk has been promising customers a driverless vehicle since at least 2016.While the company hasn't delivered on that promise, Tesla lets thousands of employees and customers try new and unfinished driver assistance features on public roads...

EVs dominated Super Bowl ads, but only 9% of passenger car sales

Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker's showroom in Beijing, China January 5, 2021.Tingshu Wang | ReutersSix of the seven car brands who ran an ad during...
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