Electric Car News Electric Car Demand Slumps To Four Year Low

Tesla's China sales fall to 3-year low amid tepid demand

Tesla's sales in China dropped to 26,006 vehicles in October, their lowest in three years, as the U.S. electric vehicle maker struggles with tepid demand in the hyper-competitive market. Read More

G.M. Will Cut 1,750 Jobs in Electric Vehicle Business

The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars. Read More

Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion

General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets. By Neal E. Boudette The slowdown in electric car sales ... Read More

Ferrari Lifts the Hood on EV Tech in Maiden Electric Car

MARANELLO, Italy (Reuters) -Ferrari has unveiled the technology which will power its hotly-anticipated first electric car, the Elettrica, as the 78-year-old luxury Italian sportscar maker looks to add ... Read More

Ferrari shares drop on weak forecast ahead of electric car launch

Ferrari’s shares fell 15% on Thursday on disappointment over the luxury carmaker’s new long-term financial targets, taking the shine off the unveiling of the technology behind its first electric car. Read More

Electric car sales soar to record heights as Labour claims victory for launching £650m grant

September saw records broken for the largest amount of new electric vehicles sold in a month, according to new data, with Labour celebrating the impact of the new £650million Electric Car Grant. New ... Read More

Ferrari lifts the hood on EV tech in maiden electric car

Showcases Elettrica's tech at Capital Markets Day First EV marks milestone and completes powertrain line-up Ferrari developed bespoke sound system Model integrates 60+ patents, recycled aluminium ... Read More