electric vehicle News

Verisk: A Shift to More EVs on The Road Could Have Far-Reaching Impacts

What emerging risks could electric vehicles present as they become more widespread? Verisk experts recently explored the current EV landscape and hypothesized what insurance concerns the vehicles could prompt in the future. During a webinar presentation, Greg Scoblete, a principal …

Ford Slows EV Plans, Delaying Pickup and Axing Three-Row SUV, to Cut Costs

Ford Motor on Wednesday said it was killing a planned three-row electric SUV and pushing back a new electric version of its best-selling pickup, the F-150, the latest delay by the U.S. automaker as it focuses on cutting costs to …

South Korean Battery Firms to Shoulder $1.2B of GM’s Bolt EV Recall Costs

SEOUL — South Korean battery firms LG Chem Ltd and LG Electronics Inc will be shouldering a combined $1.2 billion for General Motors Co’s Bolt electric vehicle recall – the lion’s share of the expected costs. GM in August expanded …

Thefts Of Catalytic Converters Spike Amid Pandemic

DENVER (AP) — All Rebecca Hayes wanted were some bagels from Rosenberg’s. But when got into her 2007 Prius on recently, the usual silence of an electric vehicle was replaced by what sounded like a Harley-Davidson. “I came out in …

Fatal Incident Halts Hyundai’s S. Korean Factory After Retooling for New EV

SEOUL — Production at Hyundai Motor’s factory in Ulsan, South Korea, was halted on Monday after a worker died in an accident, shortly after the plant was refitted to manufacture a new electric vehicle, a labor ministry official and union …

Hyundai Motor to Recall Kona EV in S.Korea Over Concern of Fire Risk

Hyundai Motor Co will voluntarily recall its Kona electric vehicles as a possible short circuit due to what may be faulty manufacturing of its high-voltage battery cells could pose a fire risk, South Korea’s transport ministry said on Thursday. Starting …

Tesla Investigates Video of Parked Model S Exploding in Shanghai

SHANGHAI — U.S. electric vehicle maker Tesla Inc. said it has sent a team to investigate a video on Chinese social media which showed a parked Tesla Model S car exploding, the latest in a string of fire incidents involving …