Electric vehicles (EVs) are expected to outsell traditional internal combustion engine (ICE) vehicles in China for the first time next year, marking a historic turning point for the world’s largest car market.
Ford Motor Company is preparing to launch a budget-priced electric vehicle line in the United States by 2027, aiming to compete directly with Chinese EV makers. The new EV, starting at $30,000—roughly
More
Taiwan has pushed back firmly against calls from Washington to move a large share of its semiconductor production to the United States, with the island’s top tariff negotiator saying it would be
More
Sales of fully electric cars surpassed those of petrol vehicles in the European Union for the first time in December, marking a symbolic milestone for the continent’s automotive transition even as policymakers
More
Tesla continued to lose significant market share in Europe in October, according to new industry data showing that the continent’s switch to electric vehicles remains sluggish despite rising climate targets. Across the
More
Billionaire Gautam Adani is preparing to launch one of India’s most ambitious clean energy projects — a multi-billion-dollar battery energy storage system in western India — as part of his group’s broader
More
The UK government is investigating a potential security loophole involving Chinese-made electric buses that could allow them to be remotely disabled while in operation. Officials are working with the National Cyber Security
More Tesla Inc. is grappling with a sharp downturn in its European business, posting some of its steepest sales declines of the year across key markets. The electric carmaker, led by Elon Musk,
More
BYD Co., the world’s largest electric-vehicle (EV) maker, reported a sharp decline in third-quarter profit as mounting domestic competition and heightened industry scrutiny weigh on its sales outlook. The Shenzhen-based automaker said
More
California Public Employees’ Retirement System (Calpers), the largest public pension plan in the United States, plans to vote against Elon Musk’s $1 trillion compensation agreement at Tesla Inc., Bloomberg reports. The pension
More
Beta Technologies Inc., the Vermont-based developer of electric aircraft, is seeking to raise up to $825 million in an initial public offering, proceeding with the plan despite the ongoing US government shutdown,
More