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Business

Tesla CEO Elon Musk dismisses hydrogen as tool for energy storage

Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during a discussion with reporters at the Automotive News World Congress, the electric vehicle magnate described hydrogen fuel cells as “extremely silly.” JimWatson | AFP | Getty Images Tesla CEO Elon […]

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Economy

Blackrock to vote for fewer climate provisions in 2022 than 2021

Laurence “Larry” Fink, chairman and chief executive officer of BlackRock Inc., pauses as he speaks during the BlackRock Asia Media Forum in Hong Kong, China. Justin Ching | Bloomberg | Getty Images BlackRock, the largest asset manager in the world, said it will likely vote to support fewer climate proposals from companies in its investment […]

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Business

Rivian (RIVN) Q1 2022 earnings

Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC Electric vehicle maker Rivian Automotive on Wednesday maintained its 2022 production target, saying it’s still on track to build 25,000 vehicles this year, as it reported a jump in reservations and a first-quarter […]

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Business

How electric pickups stack up in price, range

SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electric pickup truck. That may seem obvious given it looks like a truck and has electric motors and a battery pack instead of an engine, but it needs to be said. why? Because a successful battery-powered pickup is a critical step in the EV transition, […]

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Business

VW is looking to bring back the Scout brand as an electric vehicle

This image, from 2019, is of a refurbished Scout. The brand was originally built by International Harvester between 1961 and 1980. Future Publishing | Future Publishing | Getty Images Volkswagen is planning to resurrect the iconic “Scout” brand as an electric vehicle in the United States. In a report late Tuesday, the Wall Street Journal […]

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Business

Tesla Shanghai production lags due to parts shortages

Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. US electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, with a designed annual production capacity of 500,000 units. DingTing | Xinhua News Agency | Getty Images Tesla reduced vehicle production at […]