Industry

Tesla fined $2.2M in South Korea for exaggerating driving range of EVs

SEOUL — South Korea’s antitrust regulator said it would impose a 2.85 billion won ($2.2 million) fine on Tesla for failing to tell its customers about the shorter driving range of its electric vehicles in low temperatures. The Korea Fair Trade Commission (KFTC) said that Tesla had exaggerated the “driving ranges of its cars on

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Tesla Q4: Record deliveries but the 405,278 cars delivered misses the target

Tesla Inc. delivered 405,278 cars worldwide in the fourth quarter, eking out a record despite rising interest rates, inflation and crimped production in China. The results, posted Monday, missed expectations. In an effort to clear inventory, Tesla dangled discounts of $7,500 to U.S. consumers who took delivery in the last days of December. Tesla delivered

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Energy Information Agency: What’s really going on with the grid

What it is: Each month, the U.S. Department of Energy’s Energy Information Agency compiles a running amalgam of statistics on electricity generation, transmission, usage and costs. The data highlights both current usage, nationally and regionally, as well as overall trends. Where it comes from: The Energy Department collects the data from regulated utilities and grid

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U.S. Postal Service fleet gets greener, with 66,000 EVs arriving through 2028

Efforts to push and prod the U.S. Postal Service into ensuring electric vehicles make up a greater portion of its new mail truck fleet have delivered. The agency said Tuesday it will purchase more EVs through 2028 than initially anticipated. In total, 66,000 EVs will be included in the Postal Service’s overall plans to buy

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