Europe car sales gain most in 15 months as consumers warm to EVs
Europe’s new-car market rose the most in 15 months in July, as consumers shrugged off concerns over the global economy to splash out on fully electric and hybrid models. Registrations…
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EVs
BYD ships first made-in-Thailand EVs to Europe
Just over a year after Chinese auto giant BYD invested nearly half a billion dollars in a new plant in Thailand’s Rayong province, the company has shipped its first 900 made-in-Thailand…
Ford is reinventing the assembly line to make more affordable EVs, starting with a $30,000 electric truck
Over a century ago, Henry Ford’s assembly line helped mass-produce the Model T, setting a new standard for how to manufacture vehicles. Now, at its Louisville Assembly Plant in Kentucky,…
China’s Chery to supply tech to help India’s JSW launch own EVs
China’s Chery Automobile will supply technology and components to billionaire Sajjan Jindal’s JSW Group to help launch a new-energy vehicle brand in India by 2027, according to sources…
Tesla set to open India showrooms in July with made-in-China EVs
Tesla is set to open its first showrooms in India in July, sources familiar with the discussions said, kicking off formal operations in the world’s third-biggest automobile market as the…
Ship carrying EVs abandoned in Pacific after catching fire
A ship carrying about 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire on Tuesday (Jun 3), highlighting a growing risk to the transportation of…
Crew rescued after ship carrying cars and EVs catches fire
The crew of a cargo ship carrying 3,000 vehicles to Mexico, including 800 electric vehicles, abandoned ship after they could not control a fire in waters off Alaska’s Aleutian island…
Why Cadillac can only make two of its new $340,000 EVs per day
“I’ve had more caviar since starting work on the Celestiq than I have during the entirety of my career at General Motors,” Erin Crossley, Cadillac’s design director for color and trim,…
Why this startup is mining seaweed to power EVs
On farms off the coast of Alaska and in Mexico, a company called Blue Evolution grows seaweed used in food and skincare products. But five years ago, while studying the potential for…
This company is making a system that converts EVs into hybrids
Electric vehicles have seen a lot of success in recent years, but there are still some concerns—from range anxiety to insufficient charging infrastructure—that limit their overall…
Toyota meets “aggressive” Apac entry of China carmakers with more EVs – but also combustion engines
Facing fierce regional competition from Chinese carmakers, Japanese automotive giant Toyota is banking on a strategy of continuing to offer combustion engine cars alongside ramped-up…
China’s SAIC, Huawei to partner in developing new smart EVs
CHINESE automaker SAIC Motor said on Friday (Feb 21) it would partner with tech company Huawei to develop new “globally competitive” smart electric vehicles. The tie-up sees yet another…
Porsche warns pullback from EVs will drag on profit this year
PORSCHE will take an 800 million euros (S$1.1 billion) hit linked to revamping its lineup this year, further pinching the sports-car maker’s already disappointing profit margins. Expenses…
15 million new Chinese EVs to have self-driving features this year
About 15 million new cars taking to mainland China's roads - even models priced below 100,000 yuan (US$13,914) - will be fitted with preliminary autonomous-driving technology this year as…
Honda unveils first US-made EVs, plans for high-performance chip
HONDA Motor debuted prototypes of its two latest electric vehicles (EVs) – a sedan and an SUV – with a new software operating system that will be built at its plant in Ohio and sold…
Tesla sells 21,900 EVs in China in first week of December, the highest in Q4
US automaker Tesla sold 21,900 electric vehicles in China in the first week of December, the highest weekly sales in the fourth quarter of 2024, according to Tesla China on Wednesday (Dec…
IEA says oil demand growth weakness to continue on China and EVs
GLOBAL oil demand growth will continue to weaken due to China’s economic slowdown and the rapid uptake of electric vehicles, according to the International Energy Agency (IEA). “This year,…
VW, BMW and Mercedes are getting left in the dust by China’s EVs
RYAN Xu was a dream customer for Germany’s automakers. The Guangdong-based entrepreneur and her husband own a Porsche 911 and a Mercedes-Benz G-Class and were among the first buyers of the…
Indian EV market may grow 'strongly, steadily' till 2030: Hyundai India MD
3 min read Last Updated : Oct 11 2024 | 3:39 PM IST The Indian electric vehicle (EV) market is expected to grow "strongly and steadily" through 2030 as many companies turn their focus to…
China targets EU brandy with tariffs in tit-for-tat over Chinese EVs
China announced on Tuesday that it had imposed provisional tariffs on European brandy, after the bloc recently approved new tariffs on the import of electric cars from China. The Ministry…
China's stimulus package has EV makers talking 'best golden week' in years
An estimated 80 per cent of Chinese traveling during Golden Week chose to drive, with roughly 1.53 billion trips taken | Bloomberg Image 4 min read Last Updated : Oct 08 2024 | 9:11 AM IST…
Arkam Ventures targets middle India: GenAI, space tech, EVs among key areas
Premium As far as the Arkam portfolio is concerned, we are looking more at IPO exits than M&A, Srinivasa said. 8 min read Last Updated : Oct 02 2024 | 7:46 PM IST Started in 2020 by two…
BYD recalling 97,000 top-selling EVs on steering component fault, regulator says
SHANGHAI (Reuters) - BYD has informed the Chinese regulator it is recalling nearly 97,000 electric vehicles (EVs) for a manufacturing fault involving a steering control unit that could…
EVs are starting to overtake gas-powered cars in a surprising place
Long lines have been forming at gas stations in Ethiopia’s capital, Addis Ababa, amid fuel shortages and a price spike in recent months. But electric vehicle driver Mikial Belayneh avoids…