Electric

General Electric (NYSE: GE) has had a great year, with the stock price up 96% over the past 52 weeks. That run looks likely to continue with the spinoff of GE Vernova, set for April 2. That's the view of Wells Fargo analyst Matthew Akers,…

© Reuters. FILE PHOTO: Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo (Reuters) -Tesla said on…

Despite mounting pressure from the automotive industry, the latest Budget failed to incorporate a proposed 50% reduction in VAT for electric cars, leaving many disappointed.This measure, if implemented, could have significantly lowered…

© Reuters. PHOENIX - GreenPower Motor Company Inc. (NASDAQ: GP) (TSXV: GPV), known for manufacturing all-electric medium and heavy-duty vehicles, has recently delivered its first all-electric BEAST school bus to the Phoenix…

Vauxhall’s parent company, Stellantis, has announced plans to commence electric vehicle production at its Luton factory, securing the long-term future of the plant and 1,500 jobs.The decision follows concerns about Brexit-related…

Sean Justice/The Image Bank via Getty Images General Electric (NYSE:GE) this week rose 7.1% for the biggest decline among large-cap industrial stocks. The Industrial Select Sector SPDR ETF (NYSEARCA:XLI), whose holdings include some of…

The head of Britain’s post-Brexit trade watchdog has indicated readiness to follow Brussels in investigating Chinese companies flooding the electric car market. However, despite this preparedness, the government has yet to request such…

© Reuters. The logo of the BYD Auto company is seen on a BYD SEAL electric vehicle during a BYD store opening at the car dealership Sternauto in Berlin, Germany January 31, 2024. REUTERS/Annegret Hilse (Reuters) -China's BYD Co (SZ:)…

By Victoria Waldersee and Christina AmannBERLIN (Reuters) - BMW has passed the tipping point for combustion engine vehicle sales and now generates most sales growth from electric cars, its chief financial officer said in a media…

The number of new cars registered in the UK has jumped by nearly 18% but electric vehicle demand is flatlining, prompting the industry to call for a VAT cut to stimulate sales. Annual figures released by the Society of Motor…