The sales numbers are in for the first half of 2018 and more new car buyers than ever are choosing an electric vehicle (EV). Through June, over 123,000 new EVs were registered in the US, compared to 91,000 in the first half of 2017, an impressive increase of 35 percent. And it’s more than double the sales from just 3 years ago.
September 6, 2018 10:55 AM EDT
July 26, 2018 1:25 PM EDT
Tesla is at a crossroads. Earlier this month the California company hit the limit for the electric vehicle (EV) federal tax credit, meaning the full $7,500 credit will only be available to those who are delivered a Tesla before the end of 2018. As a result, Tesla’s already expensive vehicles are set to get even more expensive, especially compared to other EVs that still qualify for the tax credit. I don’t want to predict what exactly will happen to Tesla. Instead, I can detail why Tesla may succeed or fail irrespective of the broader EV industry, which is set to overtake gasoline-powered vehicles over the next decade. Read more >
September 14, 2017 1:46 PM EDT
Automakers and their advocates have been busy in the halls of Congress and Department of Transportation. The U.S. House of Representatives passed legislation that will make it easier for self-driving cars to hit the road, the Department of Transportation replaced an Obama-era self-driving vehicle policy with a more industry-friendly approach, and the Senate had a hearing on a bill that would also speed the deployment of self-driving vehicles, including trucks.
August 21, 2017 3:35 PM EDT
Last week, investment bank Morgan Stanley was quoted as claiming electric vehicles are responsible for more global warming emissions than gasoline cars. The firm’s report says Tesla isn’t a ‘green’ company because of this (incorrect) conclusion. There are likely plenty of reasons to invest in the electric car and solar panel maker, and certainly many reasons not to bet on Tesla, but the false claim of dirty cars isn’t one of them. Why did Morgan Stanley get the wrong answer? Read more >