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Tesla sacrifices to stay ahead of rivals in EV race

Oct 16, 2023
For the first time, the electric vehicle maker's market share is under 50%.
Tesla reduced prices in the past year, putting roadblocks in the path of traditional carmakers competing in electric vehicles. Tesla's upcoming quarterly results may show whether its revenue has suffered.
John Keeble/Getty Images

EV tax credit will be simpler in 2024 with an instant rebate at dealership

Oct 11, 2023
The goal: Make buying an electric vehicle more attractive and simpler.
The instant rebate for electric vehicles coming in January is meant to make EVs like the Chevrolet Bolt, above, more attractive to buyers.
Justin Sullivan/Getty Images

As gas taxes dwindle, states seek ways to charge EVs

Sep 12, 2023
With electric vehicles becoming more common, some states, like Texas, are levying flat fees to make up the shortfall.
Some road maintenance is funded by gasoline tax revenue, so the increasing popularity of  electric vehicles may require new ways to bring in cash.
Frederic J. Brown/AFP via Getty Images

Will demand for oil slow or remain steady in 2024?

Aug 11, 2023
The International Energy Agency expects demand to grow, but more slowly than this year. OPEC expects it to stay about the same.
As oil demand grows around the world this year, agencies are divided on next year's demand projections.
Christopher Furlong/Getty Images

Some trucking companies in California are trying EVs, eyeing a state mandate down the road

Aug 8, 2023
In April, the state's Air Resources Board adopted a new mandate that would require companies with fleets of 50 or more trucks to start transitioning to electric vehicles.
Edwin Buenrostro is one of Quality Custom Distribution's first drivers behind the wheel of an electric truck. He delivers to Starbucks locations across Fontana.
Erin Stone/LAist

Could electric planes tempt Americans to fly short distances instead of driving?

Jul 26, 2023
Aviation company Surf Air Mobility is developing an electric engine to power planes during short jaunts. But the market is still untested.
Eviation's "Alice", the world's first all-electric commuter airplane, flew its first test flight last September. Companies are eyeing electric planes  to serve passengers taking short flights.
Mathieu Lewis-Rolland/Getty Images

Who will clean "thousands of tiny toxic waste sites all over our cities"?

Jul 19, 2023
Leaking gasoline storage tanks pose an environmental — and financial — risk to fueling stations across the country.
Photo Illustration by Miguel Villagran/Getty Images

For public good, not for profit.

Why prices of some EVs are falling

Jul 19, 2023
As companies announce price cuts on their electric vehicles, they hope to encourage more customers to shell out.
EVs still only make up 7% of the U.S. market, and price is a significant factor.
FREDERIC J. BROWN / Getty Images

EV prices are falling, but remain out of reach for many potential buyers

Jul 17, 2023
The industry may need to cut costs to bring down stickier prices.
Ford's F-150 Lightning electric pickup (above) is part of recent price drops in the electric vehicle space.
Spencer Platt/Getty Images

Toyota makes push for solid-state battery technology for EVs

Jul 6, 2023
If the carmaker is successful, it could revolutionize the electric vehicle industry and Toyota's place in it.
If successful, the technology will be a gamechanger. But Toyota says they're still a few years out from putting the new battery on the market.
Yuichi Yamazaki