Electric vehicles

The big picture

Electric vehicles are coming, but no one is sure how fast

Their adoption is one variable affecting the future of oil demand and carbon emissions.

Dec 19, 2019 - Energy & Environment
Tesla ushers in the electric pickup moment

Analysts remain in the dark about the future of the vehicles.

Nov 22, 2019 - Technology
Transportation's looming overhaul

"It’s a gamble based on what you think will happen, but if you don’t do anything, then for sure you’re out of business."

Oct 18, 2019 - Energy & Environment
Deep Dive: The great auto disruption

Few changes in modern life will hit in more radical ways than how we get around.

Oct 27, 2018 - Energy & Environment

All Electric vehicles stories

Here's why we should hope self-driving tech is ready soon

Waymo's self-driving minivans. Photo: Courtesy of Waymo

This week during several automated driving demonstrations in Arizona I was reminded why we should all hope self-driving technology is ready soon.

Why it matters: Self-driving cars don't get drunk, tired, distracted — or do things that are just plain stupid — behaviors I saw in spades on the roads in and around Phoenix and Tuscon.

Tesla raises more than $2 billion in secondary stock offering

Photo Illustration: Sarah Grillo/Axios. Photo: Jörg Carstensen/picture alliance via Getty Images

Tesla raised $2.03 billion in a secondary stock offering, pricing at $767 per share. That's a 4.6% discount to yesterday's closing price, and an 86.2% premium to where CEO Elon Musk infamously tweeted that he had "funding secured."

Why it matters: Momentum floats apparently are a thing now, as this comes just two weeks after Musk said on an earnings call that "it doesn’t make sense to raise money because we expect to generate cash."

Amazon grants first look at Rivian's electric delivery vehicles

Model of Rivian's electric delivery van for Amazon. Photo courtesy of Amazon

Amazon is sharing new info about its late 2019 vow to buy 100,000 electric delivery vehicles from Rivian.

Why it matters: It's among the most aggressive moves in the fleet electrification space and, if indeed it proceeds, will cement Rivian's prominence among electric vehicle startups.

Tesla stock continues meteoric rise while Exxon's at a decade-low

Data: Money.net; Chart: Naema Ahmed/Axios

Two of the most important companies on the energy beat are having very different weeks.

The big picture: Tesla's shares went bananas again Tuesday, spending much of the day well above $900 before falling at the trading close and continuing its fall early Wednesday. Meanwhile, Exxon's stock has been on a downward trajectory all year that picked up speed with Friday's disappointing earnings report — eventually reaching a decade-low.

Electric vehicle ads make up fraction of overall spending despite Super Bowl splash

Screenshot from Audi's Super Bowl ad for the e-tron Sportback

Last night's Super Bowl featured splashy electric car ads for Audi's e-tron Sportback, GMC's Hummer and Porsche's Taycan.

Why it matters: The ads are the latest sign of the growing volumes of electric models becoming available or in the offing, but the New York Times notes that just 0.3% of the $8.6 billion that the auto industry spent on local and national advertising last year promoted electric vehicles.

Corporate clients could provide a lower-cost path to electric vehicles

Illustration: Sarah Grillo/Axios

Carmakers are compelled to introduce electric vehicles to meet rising emissions standards, but the transition is expensive and fraught with risk, and consumers aren't yet on board.

The state of play: There's another potentially faster and cheaper path to electric vehicle adoption: electric delivery fleets. They could catch on faster, especially with new approaches to design and production, and provide a large-scale proof of concept for consumers.

The great electric pickup production race

GMC Hummer's grille and the Tesla cybertruck. Photos courtesy of General Motors and Tesla

Automakers are competing to make the buzziest, strongest, fastest electric truck that would fare well in a dystopian future — albeit one with a reliable grid and eco-conscious drivers.

Driving the news: OK I'm being flip (it's Friday!), but yesterday brought news that GM is indeed reviving the gas-guzzling Hummer as a fully electric and powerful "super truck" with seriously gaudy specs.

Big corporate players launch new electric vehicle group

Illustration: Lazaro Gamio/Axios

Amazon, AT&T and IKEA are a few members of a new corporate alliance launched Wednesday that's aimed at deploying more electric vehicles in corporate fleets.

Why it matters: The players in the Corporate Electric Vehicle Alliance are big. And corporate fleets are seen as ripe for more EV adoption, given the advantages of centralized charging, bulk purchases and more.

Go deeperArrowJan 23, 2020

Sluggish sales throw the future of electric vehicles into uncertainty

Illustration: Aïda Amer/Axios

The flurry of high-profile electric vehicle rollouts lately makes it easy to look past a big problem for the sector: tepid consumer demand means it's unclear when the EV age will begin in earnest, at least in the U.S.

Driving the news: Several recent stories underscore how drivers remain cautious about ditching gas pumps for plugs — even as automakers make big bets on bringing a slew of new models to market.

Go deeperArrowJan 22, 2020

Volkswagen projected to be largest EV manufacturer by end of decade

Data: Wood Mackenzie; Chart: Andrew Witherspoon/Axios

Volkswagen won't meet its electric vehicle targets, but it'll come close enough to become the world's largest EV manufacturer by decade's end, a new analysis finds.

Why it matters: The new projections from the consultancy Wood Mackenzie offer a piece of the puzzle as to how the increasingly competitive EV market will shake out this decade.

Go deeperArrowJan 14, 2020
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