Green Car Stock Archives - Page 3 of 116

TuesdayMar 11, 2025 10:00 am

Tesla Reportedly Gamed Rebate Program in Canada to Make Last-Minute $30M Claim

Tesla has been accused of gaming the Canadian electric vehicle rebate program after 4 dealerships reportedly sold a whopping 8,600 vehicles in just three days. The sales spree saw the four stores sell an average of 2 vehicles per minute and claim $30 million worth of grants just before Canada's EV rebate program ended. Although Teslas are among the most popular electric cars in Canada, the last-minute surge in sales at the four dealerships and the subsequent $30 million in claims have left many wondering whether the sales were legitimate. Each of the 4 dealerships would have had to sell…

FridayMar 07, 2025 10:00 am

EU Automakers Get Pollution Targets Breather as EV Sales Falter

The European Commission has granted carmakers in the EU more breathing room to achieve the regional bloc’s mandated pollution target amidst a widespread drop in electric vehicle sales. Commission president Ursula Von der Leyen says European carmakers that sell too many fossil fuel-powered cars in 2025 will be granted a two-year grace period where they can compensate by selling more clean energy vehicles. Although the move is ostensibly meant to support carmakers who have been struggling to sell their EVs amidst a slump in demand, environmental groups argue that the grace period is tantamount to rewarding ‘laggard’ carmakers. The proposal…

ThursdayMar 06, 2025 10:00 am

Why Some Electric Vehicle Buyers Aren’t Getting the Expected Federal Tax Credit

Last year, the U.S. amended its federal EV tax credit system to make it so that drivers could access the tax credit at the point of sale instead of paying full price and waiting months for the tax credit to kick in. However, while this change was praised for making the federal EV incentive much more accessible to buyers, it may have made it difficult for some buyers to have their EV purchase subsidized. A small number of buyers have been unable to access the tax credit due to missteps on the dealerships’ side even though they did everything as…

TuesdayMar 04, 2025 10:00 am

Expert Says Chinese EV Industry is Booming Due to Support from the West

Despite the litany of import tariffs placed on Chinese electric vehicle exports, recent data has revealed that Chinese auto companies are making a killing. China's EV industry is booming and some experts say that the ongoing boom is thanks to support from the West. According to one auto industry expert, China is now the largest vehicle manufacturer on the globe. Last year, UK drivers purchased close to 100,000 cars that were manufactured in China, a sure sign that Chinese-made cars have more than ample demand in Europe. According to Tycho de Feijter, the rapid growth of China's auto sector is…

FridayFeb 28, 2025 10:00 am

Why EV Fires Pose Unique Challenges to Firefighters

Combating battery electric vehicle (BEV) fires poses several new challenges for firefighters due to the energy-dense battery packs that power electric cars. EV fires burn much hotter than regular fires and require several times more water to put out, making them a harrowing experience for any firefighter who has come face to face with a combusting electric car. Internal combustion engine (ICE) vehicle fires are already quite destructive. Still, an EV fire has the potential to cause significantly more property damage as it is a lot harder to put out. On average, an EV fire burns at a whopping 5,000…

ThursdayFeb 27, 2025 10:00 am

The US GSA Starts Closing its EV Chargers

The United States General Services Administration (GSA) has begun shutting down its battery electric vehicle (BEV) chargers after the Trump administration instructed states to stop using federal funds to build public EV chargers. Tasked with managing federal government-owned buildings, the GSA has declared that EV chargers are ‘non mission critical’ and is actively closing hundreds of EV chargers across the country. The GSA is also in charge of managing the federal government’s vehicle fleets and is currently trying to sell off the government’s newly acquired electric cars. This move doesn’t bode well for America’s nascent electric vehicle industry and will…

TuesdayFeb 25, 2025 10:00 am

Nikola’s Troubles Reach Tipping Point, Firm Files for Bankruptcy Protection

Troubled EV maker Nikola Corporation has filed for Chapter 11 bankruptcy protection several months after the company revealed that there was a strong likelihood that it would be short on cash in the first half of this year. The Arizona-based firm now wants to sell or auction off its business. How did this promising company descend to this point? Nikola was seen as a rising star by Wall Street. However, the company and its founder got embroiled in scandal leading to the 2022 conviction of Trevor Milton on charges of misleading investors about the firm’s technology. During the founder’s trial,…

FridayFeb 21, 2025 10:00 am

Tesla Sales Nosedive Amid Slowing EV Demand

Recent sales data shows that Tesla is selling far fewer electric vehicles amidst a nationwide drop in EV demand and CEO Elon Musk’s forays into politics. The Texas-based automaker saw its valuation spike after President Donald Trump was elected, likely due to the president’s seemingly close ties to Musk, but this hasn’t translated into actual sales. Since Tesla dominates most Western automakers in the electric vehicle segment, its poor performance may not bode well for the West’s nascent battery electric vehicle (BEV) sector. After nearly two decades in the EV game, Tesla was starting to run out of customers who…

ThursdayFeb 20, 2025 10:00 am

How Battery Age, Weather Impact Your EV

On average, a battery electric vehicle (BEV) will lose a portion of its battery capacity over its lifetime. However, technological advancements have allowed BEVs to retain more capacity after several years of use. Electric cars manufactured from 2017 to 2018 will retain 93% of their battery capacity while even newer models from 2019 to 2023 will still have 96-97% of their original capacity. Even so, age typically causes electric vehicle battery performance to decline while cold weather can impact battery performance and reduce your vehicle’s efficiency. Although internal combustion engine (ICE) vehicle performance is also affected by weather, EV batteries…

FridayFeb 14, 2025 10:00 am

EV Adoption Helps Worldwide Transport Emissions Peak 25 Years Earlier

Recent data has revealed that global emissions from transport have peaked 25 years earlier than predicted thanks to electric vehicle adoption. Fully electric cars first hit the market more than one and a half decades ago and soon became the main alternative for countries looking to replace their carbon-emitting fleets of internal combustion engine (ICE) vehicles with cleaner alternatives. Although electric vehicles still make up a minute portion of total vehicle sales, EV adoption has surged significantly over the past several years. As a result, the International Council on Clean Transportation estimates that worldwide emissions from road transportation could peak…

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