Nio’s Comeback: Narrowing Losses Signal Rising Hope Nio, China’s prominent electric vehicle (EV) maker, saw its shares reportedly jump by 4% following a report of narrower-than-expected losses, signaling a potential turnaround for the company. Amidst a fiercely competitive EV market…
Tesla’s Insurance Woes: Lawsuit Over Inflated Premiums Tesla’s insurance unit is reportedly embroiled in a prospective class-action lawsuit, a development that adds to the slew of legal challenges the electric automaker, led by Elon Musk, has faced recently. Ricky Stephens,…
The EV Dilemma: China’s Dominance Meets U.S. Resistance As the world convenes in Dubai to address carbon emissions, the shift from gas-powered to electric vehicles (EVs) hits a geopolitical impasse, according to Axios. Two-thirds of the world’s EVs are made…
BYD Enhances Reward System to Counter Smear Campaigns China’s leading electric vehicle manufacturer, BYD, announced on Sunday that it is making its tipster reward system permanent. This initiative offers up to 5 million yuan ($700,918) to individuals who provide credible…
Nio Secures Key Position in China’s EV Industry In a significant development for the electric vehicle (EV) sector, Nio, a prominent EV maker, has been added to a Chinese industry ministry database, authorizing companies to manufacture vehicles in China. This…
Tesla’s Sales Dip in China Amidst Intensifying EV Competition Tesla, the renowned U.S. automaker, experienced a significant 17.8% drop in sales of its China-made electric vehicles (EVs) this November, marking the largest decline since December 2022. The China Passenger Car…
Photo Gallery: Tesla’s Groundbreaking Cybertruck Tesla’s much-anticipated Cybertruck was the star of the show at its launch event in Austin, Texas. The photo gallery released alongside the event captures the Cybertruck in various settings, showcasing its unique design and electric…
In a highly-anticipated Cybertruck launch event in Austin, Texas, Tesla’s CEO Elon Musk personally delivered the first Cybertrucks to customers, marking a significant milestone in the electric vehicle (EV) industry. “Finally, the future will look like the future,” Elon said.…
A New Contender in the EV Market, the 2024 Fiat 500e The 2024 Fiat 500e, set to re-enter the U.S. market, is poised to become one of the most affordable electric vehicles (EVs) available. With a starting price under $33,000,…
A Shift in Strategy for Zeekr Zeekr, Geely’s premium electric vehicle (EV) brand, has recently put its U.S. initial public offering (IPO) on hold. This move reportedly stems from a valuation mismatch and ongoing global financial market volatility, as per…
A Night to Remember at Vermo Race Track On a crisp November evening, the Vermo race track in Espoo, Finland, witnessed a spectacular event that lit up the night sky. A total of 687 Teslas, in an array of models…
Tesla Offers Attractive Deals on Model Y, But Shareholders May Have Concerns Tesla, the electric-vehicle leader, has recently introduced new discounts on its Model Y vehicles, creating a stir among consumers and investors alike. While these price cuts might be…
Cybertrucks: Tesla’s Limited Initial Release Sparks Curiosity Tesla’s Cybertruck, a revolutionary electric vehicle (EV), has been the talk of the town since its announcement in 2019. Now, Tesla fans are on the edge of their seats as the company prepares…
Bollore’s New Advisory Role Bedeo, a prominent UK electric vehicle supplier, announced the appointment of Thierry Bollore, the former CEO of Renault and Jaguar Land Rover (JLR), to their advisory board as a strategic advisor. This move comes as Bedeo…
Market Debut Challenges for Foxconn’s EV Unit Foxconn’s foray into electric vehicles encountered a bumpy start as Foxtron Vehicle Technologies, its dedicated EV unit, stumbled in its market debut. Despite recovering from an initial 9% drop, shares reportedly closed down…
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