Electric Cars

The growth of fuel-efficient and electric cars means Americans are paying fewer gas taxes. States, which use gas taxes to pay for road repairs and public transit, are raising taxes on about one in three drivers in America to make up for lost revenue.
Behrouz Mehri/AFP/Getty Images via CNN
July 01, 2019 - 4:21 pm
By Chris Isidore, CNN Business (CNN) -- The growth of fuel-efficient and electric cars means Americans are paying fewer gas taxes. States, which use gas taxes to pay for road repairs and public transit, are raising taxes on about one in three drivers in America to make up for lost revenue. A total...
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In this file photo dated Thursday, March 28, 2019, the Ford Motor company logo at the auto show in Denver.
David Zalubowski/AP Photo
June 27, 2019 - 9:46 am
By David McHugh, AP Business Writer FRANKFURT, Germany (AP) — Carmaker Ford said Thursday it is shedding 12,000 jobs in Europe to increase profitability, part of a global trend of cost cuts by automakers facing shifting consumer tastes and heavy investments in electric cars. The job losses amount...
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FILE - In this Feb. 9, 2019, file photograph, buyers look over a Model 3 in a Tesla store in Cherry Creek Mall in Denver.
David Zalubowski/AP Photo, File
February 28, 2019 - 9:28 pm
SAN FRANCISCO (AP) — Tesla will only sell its electric cars online as it accelerates its cost cutting so it can realize its long-running goal of selling a mass-market sedan for $35,000. The change announced Thursday will allow the Silicon Valley automaker to begin selling its Model 3 for $35,000 —...
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Dreamstime
Hadas Kuznits
February 10, 2019 - 4:00 am
PHILADELPHIA (KYW Newsradio) -- Drivers of electric cars are being warned that the cold weather could cause you to need to charge up more frequently, and that could be dangerous. Jana Tidwell with AAA Mid-Atlantic says as more people are going greeen and driving electric cars, but driving on an...
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General Motors CEO Mary Barra speaks to reporters after a meeting with Sen. Sherrod Brown, D-Ohio, and Sen. Rob Portman, R-Ohio, to discuss GM's announcement it would stop making the Chevy Cruze at its Lordstown, Ohio, plant.
AP Photo/J. Scott Applewhite
December 10, 2018 - 9:17 am
WASHINGTON (AP) — General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation's largest automaker tries to deal with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers. Preserving the $7,500 tax incentive...
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A number of electric vehicles were on hand for test drives.
Dan Wing/KYW Newsradio
Dan Wing
September 21, 2018 - 12:46 pm
PHILADELPHIA (KYW Newsradio) — About 250 experts from the auto industry, government, and power companies gathered at an all-day forum hosted by PECO at the Please Touch Museum on Friday. The discussion centered on the past, present and future of transportation electrification. "Folks are focusing...
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Telsa Motors CEO Elon Musk (center)
AP Photo/Cathleen Allison, File
August 25, 2018 - 8:53 am
DETROIT (AP) — Electric car and solar panel maker Tesla Inc. will remain on the public stock exchanges after CEO Elon Musk said Friday that investors have convinced him the company shouldn't go private. The eccentric and sometimes erratic CEO wrote in a late-night statement that he made the...
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Elon Musk
AP Photo/Kiichiro Sato, File
August 07, 2018 - 2:59 pm
NEW YORK (AP) — Tesla CEO Elon Musk announced Tuesday that he is considering taking the electric car maker private, causing the company's stock to spike. In keeping with his unorthodox style, Musk made the out-of-the blue announcement in a terse tweet. He said he may take the company private at $...
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Tesla reported making 28,578 Model 3s from April through June, according to its quarterly production release.
AP Photo/David Zalubowski, File
July 02, 2018 - 4:08 pm
DETROIT (AP) — Tesla Inc. made 5,031 lower-priced Model 3 electric cars during the last week of June, surpassing its often-missed goal of 5,000 per week. But the company still only managed to crank out an average of 2,198 per week for the quarter. Tesla reported making 28,578 Model 3s from April...
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Children were found working alongside adults at cobalt operations in the Democratic Republic of Congo.
CNN
May 01, 2018 - 10:03 am
By Alanna Petroff (CNN Money) -- Car and tech companies are scrambling for supplies of cobalt, a mineral they need to power electric vehicles and smartphones. But they have a problem: Much of the cobalt used in lithium-ion batteries comes from a country where children work in mines. A CNN...
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