Stay informed, stay ahead.
Chinese electric vehicle (EV) makers have quickly dominated Brazil’s car market. Chinese brands now control over 80% of all EV sales there. This marks a huge, decisive shift in South America’s largest car market. This rapid success is due to strategic, affordable pricing. For instance, models like the BYD Dolphin Mini are significantly cheaper than…
Tesla announced it will debut its long-anticipated autonomous vehicle Cybercab at the (CIIE) in Shanghai, running from November 5–10. The electric carmaker shared the news via a post on social media by one of its executives, marking a key milestone in the company’s push into the Chinese market. The Cybercab is part of Tesla’s move…
Shares of Volvo Cars experienced a massive surge today. The stock is currently on track for its best day ever on the public market. This impressive rally follows the company’s release of its latest earnings report. Volvo announced that its quarterly profit significantly beat analyst estimates. The key driver behind the profit success was strong…
Chinese automaker BYD is leaning toward Spain for its third European plant, following factories in Hungary and Turkey, sources told Reuters. The new facility would strengthen BYD’s footprint across Europe as demand for electric vehicles (EVs) continues to surge. Spain’s low manufacturing costs, clean energy network, and strong industrial base make it a leading contender….
Washington, D.C. — Electric vehicle (EV) sales in the United States have reached record highs, but the industry’s rapid growth may be short-lived as key government incentives come to an end. More than 1.2 million battery-powered cars were sold in the U.S. last year — over five times the number sold four years earlier. Hybrid…
Despite record sales this year, the US remains far behind Europe and China in the shift to electric vehicles (EVs). More than 1.2 million battery-powered cars were sold in the US last year — five times the number from four years ago — and EVs reached a record 10% of total sales in August, according…
The family of 19-year-old Krysta Tsukahara has filed a wrongful-death lawsuit against Tesla, alleging that a flaw in the Cybertruck’s door design prevented her from escaping after the vehicle caught fire following a crash. According to the court filing in Alameda County Superior Court, the Cybertruck crashed at high speed into a tree in Piedmont,…
