AI data center stocks slide, renewables rally after Democratic US midterm sweep
Investors repriced power and clean energy names after Democrats swept the midterms, betting on policy tailwinds for renewables and headwinds for AI data center
Reuters · +14 outlets
Tesla China-made EV sales rise 10.3% y/y in October despite monthly dip
Tesla's Shanghai output reversed to year-over-year growth but slipped month over month, drawing competing reads on demand as China's NEV market expanded.
Serrari Group · +9 outlets
Ford October US sales slip as EV deliveries plunge 71%
Ford's EV volume collapsed year over year even as its truck business held up, underscoring the uneven US electric transition.
Seeking Alpha · +4 outlets
GM recalls more than 67,000 Cadillac and Chevy EVs over brake software defect
The recall covers a software glitch that can cause temporary loss of braking, a safety issue for GM's growing EV fleet.
Electrek · +8 outlets
Germany's EV share hits record 37% as BEVs top gas and diesel combined
Battery-electric registrations in Germany rose 79.5% year over year in October, the strongest share on record for Europe's largest auto market.
Electrek · +4 outlets
Ford Fathom EV pickup to start at $28,350, under $40,000 across trims
Ford positioned the Fathom among the cheapest EVs in the US, a bet on affordability to restart demand.
Electrek · +12 outlets
Utility Dive: APS expects sales to double by 2041, plans to extend coal use to 2038
Arizona Public Service projected about 3.4% annual demand growth driven by industry and data centers, pushing back coal retirement timelines.
Utilitydive · +1 outlets
Tesla accused of selling FSD in Korea to owners who cannot legally use it
A South Korean consumer group asked regulators to halt Tesla's Full Self-Driving marketing for cars that cannot lawfully run the feature.
Electrek · +11 outlets
Trump ban on foreign grid components raises industry concerns over cost and practicality
Stakeholders backed the grid security intent but warned that geography-based restrictions threaten investment and supply.
Utilitydive · +13 outlets
Lucid jumps 12%, Rivian climbs 6% as post-election rally lifts EV stocks; Tesla slides 3%
Pure-play EV shares diverged sharply after the midterms, with Tesla falling as smaller peers rallied.
24/7 Wall St. · +5 outlets
PJM revised data center backstop procurement cuts target to as little as 630 MW
Utilities lowered large-load forecasts, shrinking a planned procurement from an initial 6,800 MW target.
Utilitydive · +6 outlets
Caterpillar expands engine and turbine output as data center demand drives record quarter
The power equipment maker reported its highest sales quarter ever with a $78 billion backlog, nearly double a year earlier.
Utilitydive · +12 outlets
Electric utilities urge renewal of cybersecurity information-sharing law
CISA 2015, which gives liability protections for sharing cyber threat data, expires next month.
Utilitydive · +14 outlets
Sierra Club and analysts weigh incoming Democratic majorities' effect on clean energy policy
Fresh Democratic majorities and a blue Texas sweep are expected to shift federal energy and EV policy.
Cleantechnica · +1 outlets
Zero Motorcycles unveils $8K electric motorcycle and street-legal dirt bike at EICMA
Electric two-wheeler makers including Zero, Eli, ReBake and Yamaha rolled out new models at the Milan show.
Electrek · +1 outlets
Xiaomi humanoid robots complete a full 8-hour shift in its EV factory
Xiaomi said the robots sorted center console side covers autonomously and corrected their own mistakes.
Electrek · +8 outlets
BMW Q3: EVs reach 20% of deliveries as group profit tops €2 billion
Electric models accounted for one in five BMW deliveries in the quarter.
The EV Report · +1 outlets
Sunrun's Puerto Rico home batteries tapped for 18 straight days
The virtual power plant doubled participation to more than 60,000 customers and dispatched home batteries through October.
Electrek · +1 outlets