China will not cut subsidies for new energy vehicles (NEV) again in July, Miao Wei, its minister for industry and information technology, said on Saturday, in a move that could Continue Reading
For the first time, Tesla Inc’s stock market value has eclipsed the combined values of General Motors Co and Ford Motor Co ( F.N ). The Silicon Valley electric car Continue Reading
Tesla Inc beat Wall Street estimates for annual vehicle deliveries and met the low-end of its own target, sending shares to a record high in a vindication for Chief Executive Continue Reading
Sales doubled in 2019, but the industry’s tipping point — severing ties to the gas pump — still lies ahead. These cars will help make that happen. This was the Continue Reading
Hyundai Motor Group (HMG) will invest more than KRW100 trillion (US$87 billion) over next 5 years—KRW20 trillion (~US$17.4 billion) annually to enhance its leadership in vehicle electrification, autonomous driving and mobility services, Continue Reading
Öhringen lies deep in the automaking country, the homeland of Germany’s biggest industry and a source of national pride. And by most appearances, life is pretty good. The unemployment rate Continue Reading
Tesla has started delivering Model 3 electric cars built at its Shanghai factory in just under a year since it began work on the $2 billion plant, a record for Continue Reading
IN AN INDUSTRY caught flat-footed by the rise of Tesla and China’s skyrocketing vehicle-emissions mandates of the past decade, 2020 came to be seen as the horizon of reasonable expectations, Continue Reading
IN AN INDUSTRY caught flat-footed by the rise of Tesla and China’s skyrocketing vehicle-emissions mandates of the past decade, 2020 came to be seen as the horizon of reasonable expectations, Continue Reading
Turkey unveiled its first fully domestically-produced car on Friday, saying it aimed to eventually produce up to 175,000 a year of the electric vehicle in a project expected to cost Continue Reading
