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.
China’s BYD, the world’s leading electric vehicle (EV) manufacturer, is preparing to make a bold move into one of the most distinct corners of Japan’s car industry — the $18 billion kei
More
Tesla’s dominance in Europe’s electric vehicle (EV) market is showing deep cracks, as new data reveals the automaker’s sales across the continent fell by nearly half in April — even as the
More
Toyota is taking a major step into the high-stakes automotive software arena with the launch of its in-house operating system, Arene, which will debut in the next-generation RAV4 sport utility vehicle by
More
Volvo Cars is cutting around 3,000 office jobs — roughly 15% of its white-collar workforce — in a sweeping $1.9 billion restructuring effort, as falling electric vehicle (EV) demand and geopolitical pressures
More
Shares of Contemporary Amperex Technology Co. Ltd (CATL), the world’s largest electric-vehicle battery manufacturer, surged 12.6% on Tuesday as it launched the biggest public offering globally so far this year. The secondary
More
Thousands of Chinese workers launched coordinated strikes at BYD-owned electronics factories from March 28 to April 2, in one of the largest recent displays of industrial unrest in China’s manufacturing sector. The
More Toyota’s hydrogen chief has issued a stark warning that hydrogen-powered vehicles could suffer the same fate as electric cars if other countries fail to ramp up investment in the technology. Mitsumasa Yamagata,
More
Tesla has suspended new orders for its premium Model S and Model X vehicles in China, in a dramatic response to mounting tensions between the United States and China following a sharp
More
Elon Musk’s push to shrink the federal workforce, via his so-called Department of Government Efficiency, has led to significant job cuts at the National Highway Traffic Safety Administration (NHTSA), raising alarm about
More India’s ongoing caution towards China is evident as it has announced restrictions on Chinese electric vehicle (EV) maker BYD Co., despite efforts to attract investments from US-based Tesla Inc. This move underscores
More