3+ hour, 21+ min ago   (580+ words) By Kara Carlson, Bloomberg After a brutal year for the US electric-vehicle industry, Rivian Automotive Inc. handed investors a rare reason for optimism. The EV manufacturer reported better-than-expected fourth-quarter results and its first-ever annual gross profit, a key milestone after…...

1+ week, 2+ day ago   (859+ words) Gov. Gavin Newsom's office unveiled details about reviving California's rebate program for zero-emission vehicles. It includes providing a dollar-to-dollar match between the state and automakers, plus extending the plan to include used vehicles. The proposed incentives, however, would be restricted…...

2+ week, 7+ hour ago   (668+ words) By Ed Ludlow, Dinesh Nair, Loren Grush and Kiel Porter, Bloomberg SpaceX is considering a potential merger with Tesla Inc., as well as an alternative combination with artificial intelligence firm xAI, according to people familiar with the matter, a sign…...

2+ week, 2+ day ago   (770+ words) By BERNARD CONDON | Associated Press NEW YORK " Tesla's annual profit plunged to its lowest level since the pandemic five years ago as it lost the title of the world's biggest electric vehicle maker to a Chinese rival and boycotts hammered…...

2+ week, 2+ day ago   (197+ words) By Dana Hull, Gabrielle Coppola and Mark Chediak, Bloomberg California's top environmental regulator lauded a trade deal Canada struck to import electric cars from China as a win in the global effort to replace gas vehicles. "I'm excited to see…...

3+ week, 5+ day ago   (594+ words) With the debut of its fifth generation four years ago, the Kia Sportage surpassed six-figure sales for the first time in its now 33-year history. It's remained among the top compact crossover sport utility vehicles in a crowded segment of…...

1+ mon, 6+ hour ago   (830+ words) Gov. Gavin Newsom's state budget proposal includes setting aside $200 million to revive California's rebate program for the sale of electric vehicles, on the heels of the U.S. Congress and the Trump administration eliminating federal tax credits for EVs. Details " including how…...

1+ mon, 6+ day ago   (398+ words) (Bloomberg/Dana Hull and Richard Clough) " A US lawmaker is proposing legislation that would require manual door releases in new cars, a move to address growing safety concerns with the type of electrically powered handles popularized by Tesla Inc. The…...

1+ mon, 3+ week ago   (474+ words) (Bloomberg/Sagarika Jaisinghani, Julien Ponthus and Isolde MacDonogh) " There's been no dearth of sell signals for Tesla Inc. It's facing a potential sales halt in California, an electric vehicle slowdown across the US and is losing market share in China…...

2+ mon, 1+ week ago   (283+ words) LOS GATOS " The era of driverless cars in Santa Cruz County is starting small. The California Department of Motor Vehicles has given autonomous vehicle company Waymo the green light to pursue expanded operations in Southern California and the Bay Area,…...