United States

Ev Tensions Rise: Eu Launches Subsidy Probe, China Reacts Strongly

EU’s EV Tariff Hike on China Sparks Trade War Fears

The European Union’s decision to impose additional tariffs of up to 38.1% on electric vehicles imported from China has drawn criticism from Beijing and raised concerns about a potential trade war. The move follows an investigation into China’s state support…

Tesla Increases Model Y Price $250 Amid Rising Demand - Model Y. Photo Courtesy Of Tesla, Inc.

Tesla’s No-Refresh Model Y Strategy Sparks Interest

Tesla’s CEO Elon Musk has clarified that the company will not launch a refreshed Model Y this year, despite continuous improvements to the vehicle’s design and performance, reports Reuters. Musk’s Announcement On Saturday, Elon Musk took to social media platform…

China'S Dominance In Evs And Drones: A Parallel Rise

China’s Dominance in EVs and Drones: A Parallel Rise

The Electric Vehicle Revolution China has rapidly emerged as a global leader in the electric vehicle (EV) industry. Chinese automakers are not only dominating their home market but also expanding exports worldwide. BYD, a Shenzhen-based conglomerate, has overtaken Tesla as…

China'S Byd Has Overtaken Tesla As The World'S Best-Selling Maker Of Electric Cars. In The Final Quarter Of Last Year, Byd, Backed By Warren Buffett, Sold 526,409 Fully Electric Vehicles, Outpacing Tesla'S 484,507.

China’s EV Makers Set Sights on Global Domination

Chinese automakers target emerging markets as US and EU raise barriers In a strategic shift, Chinese electric vehicle (EV) manufacturers are focusing on emerging markets as the US and Europe impose tariffs and restrictions on Chinese imports. This move could…

Ford'S Electric Leap: A Record-Breaking 14% Rise In Ev Sales In Q3 2023

Electric Cars Becoming More Affordable as Prices Plummet

Increased Competition, Lower Costs, and Tax Credits Drive Down Prices Electric vehicles (EVs) are becoming more accessible to a wider range of consumers as prices fall due to increased competition, lower raw material costs, and more efficient manufacturing. Federal tax…

Nissan Shakes Up Ev Plans, Delays Sedans For Crossovers

Nissan Shakes Up EV Plans, Delays Sedans for Crossovers

Nissan is revising its electric vehicle (EV) strategy, delaying two planned EV sedans and prioritizing crossover production at its Canton, Mississippi plant. The automaker reportedly aims to adapt to changing market conditions and ensure the right products are launched at…

China’s Ev Market Thrives Despite Slump

China’s EV Market Thrives Despite Slump

China’s electric vehicle (EV) market continues to thrive, with manufacturers reporting strong sales growth in May, despite a general decline in consumer spending. This growth is driven by price cuts and new model launches, leading companies like BYD, Nio, and…

In A Fresh Move To Entice Car Enthusiasts, Tesla, The Renowned U.s. Automaker, Has Introduced An Updated Model Y In China.

Tesla’s Top Exec Heads Back to China as Sales Slump

Tesla is sending executive Tom Zhu back to China amid slumping sales and increased competition in the world’s largest electric vehicle market. Zhu, who was promoted to senior vice president of automotive in April 2023, previously led Tesla’s entry into…

Canada Urged To Hike Tariffs On Chinese Evs: Here’s Why

Canada Urged to Hike Tariffs on Chinese EVs: Here’s Why

Canadian lawmakers are facing mounting pressure from auto manufacturers, steel producers, and union officials to significantly increase tariffs on Chinese imports, reports Bloomberg. The push comes after US President Joe Biden announced substantial tariff hikes on Chinese goods, including a…

Nio'S New Luxury Powerhouse: The Et9 Executive Sedan Unveiled

NIO’s Skyrocketing May: Record Deliveries Fuel Share Surge

NIO is making headlines with its projected record-high vehicle deliveries in May. The Chinese electric-vehicle (EV) maker’s shares surged by 10% in Hong Kong, reaching 42.10 Hong Kong dollars (US$5.38), reflecting strong investor confidence, according to the WSJ. Record-Breaking Deliveries…