Denso, Fuji Electric get government aid for power chips
Japan’s Ministry of Economy, Trade, and Industry (METI) has agreed to provide subsidies worth up to JPY70.5bn (US$470m) to Denso Corporation, Toyota Motor Corporation's main auto…
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electric
EV maker Lion Electric wins temporary creditor relief, halts US factory
ELECTRIC bus manufacturer Lion Electric is temporarily laying off about 400 workers and halting operations at its Illinois factory to save cash after receiving a short-term lifeline from…
Study shows electric and petrol car prices narrowing in Germany
A man plugs an ID.5 GTX into the charging station. The price gap between electric cars and comparable combustion engine models in Germany is narrowing, according to a new car market study…
Hyundai unveils big electric SUV in fast-growing market
HYUNDAI Motor unveiled its first three-row electric SUV on Wednesday (Nov 20), pushing into a market for big family cars that global automakers hope will one day be a profit powerhouse.…
Ford reduces working hours at German electric car manufacturing site
US vehicle manufacturer Ford is implementing a reduced work regime in the western German city of Cologne due to weak demand for electric cars. "The significantly lower than expected demand…
Archer Aviation Brings Electric Air Taxis to Japan in Deal with Japan Airlines
In offering electric air taxi services in Japan, Archer Aviation (NYSE:ACHR) has teamed with Soracle Corporation, a joint venture between Japan Airlines and Sumitomo Corporation. Archer's…
GM recalls some Chevrolet Bolt electric SUVs for a second time
GENERAL Motors (GM) is recalling some Chevrolet Bolt battery-powered electric vehicles (EVs) because they are at risk of catching fire, three years after a larger callback of the…
Ethiopia bans imports of gas-powered private vehicles, but the switch to electric is a bumpy ride
ADDIS ABABA, Ethiopia (AP) — As the price of fuel soared in Ethiopia earlier this year, Awgachew Seleshi decided to buy an electric car. That aligned with the government's new efforts to…
Ratan Tata leaves an unfulfilled dream behind: The Nano electric vehicle
3 min read Last Updated : Oct 11 2024 | 12:13 AM IST From Tetley Tea to Jaguar Land Rover and Air India, Ratan Tata has checked off almost every item on his bucket list. However, one that…
EU to Impose Tariffs Up to 45% on Chinese Electric Vehicles
(Bloomberg) -- The European Union voted on Friday to impose tariffs as high as 45% on electric vehicles from China in a move set to increase trade tensions with Beijing. Most Read from…
EU countries pave way for major new tariffs on Chinese electric cars
European Union countries on Friday paved the way for additional tariffs of up to 35.3% on battery-powered electric vehicles imported from China, EU diplomats told dpa. The European…
EU tariffs on Chinese electric vehicles are part of an 'economic cold war,' Hungary's Orbán says
BUDAPEST, Hungary (AP) — The European Union risks entering an “economic cold war” with China, Hungary's prime minister said on Friday, pledging to vote against an EU plan to impose higher…
Germany to vote against EU tariffs on Chinese electric vehicles: sources
GERMANY on Friday (Oct 4) will vote against the introduction of European Union tariffs on Chinese electric vehicles, sources with knowledge of the matter said on Thursday. Germany…
Toyota Motor plans to invest $500 mn in electric air taxi company
The investment will be made in the form of cash for common stock, with the first tranche set to close later in 2024 and the second next year. | Photo: Shutterstock 1 min read Last Updated…
Tesla sales perk up after China boosts electric vehicle subsidy
TESLA is expected to post its first quarterly sales increase this year after car buyers in China, the world’s largest electric vehicle (EV) market, seized on a sweetened government…
Infosys, Swedish electric car maker Polestar to set up tech hub in B'luru
Infosys (Photo: Shutterstock) 1 min read Last Updated : Sep 25 2024 | 8:51 PM IST IT major Infosys has collaborated with Swedish electric performance car brand Polestar to create a base…
EU and China trade negotiators fail to strike deal on electric vehicle imports
The top trade officials from the European Union and China failed to reach a deal on ending a bitter dispute over electric vehicles during talks in Brussels on Thursday. However, the sides…
Cyprus says progress seen in talks with Greece on multi-billion electric cable link
NICOSIA (Reuters) - There has been progress in talks between Cyprus and Greece on the creation of a high-speed electric cable network linking Europe to the Middle East across the…
New car sales decline in Germany as demand for electric cars drops
Sales of new cars in Germany declined sharply in August compared to the same month last year, largely as a result of weak demand for electric vehicles, figures released by the Federal…
Volvo becomes latest carmaker to scale back electric ambitions, eases goal to at least 90% by 2030
FRANKFURT, Germany (AP) — Sweden-based Volvo Cars has eased off on its pledge to stop selling cars with internal combustion motors by 2030, saying slow rollout of places to charge up and…
VW's Electric GTI Will Be More Exciting Than Gas GTIs, Exec Says
In spite of the slower pace of electrification efforts across the automotive world, Volkswagen still appears to be on track to launch its electrified replacement of the iconic Golf GTI —…
China's naval commandos rode electric skateboards into a combat exercise with drones disguised as birds, then left in a pickup truck
Chinese state TV showed armed commandos riding electric skateboards in a combat exercise. The naval special forces also deployed drones designed to flap like an eagle and a sparrow. The…
Uber’s Plans with This Electric Vehicle Maker Are a Big Deal
Uber and BYD reveal plans for the ride-hailing company to offer some 100,000 EVs produced by the Chinese automaker to its drivers in a number of regions. The ride-hailing company says it…
VW markets new electric brand for China to compete with BYD
German carmaker Volkswagen is putting a new electric car range on the market in China. The vehicle under the brand name "ID. Unyx" is to hit showrooms this summer, a spokesman said on…