BYD, China’s leading electric vehicle manufacturer, has climbed to the seventh spot in global auto sales rankings, outpacing industry stalwarts Honda and Nissan in the April-June quarter. This significant shift in the automotive landscape is largely attributed to BYD’s focus…
Toyota is set to test a massive gigacasting machine at its Japanese plant, adopting a technique pioneered by Tesla to streamline electric vehicle (EV) production and reduce costs. This move signals Toyota’s commitment to advancing its EV manufacturing capabilities, according…
Toyota, the world’s largest automaker, is considering a bold move that could reshape its product lineup and the automotive industry at large. According to a recent report from Reuters, the company is evaluating the possibility of converting most, if not…
US and EU Throw Up Roadblocks, but Automakers Grow Closer to China The US and Europe are erecting barriers to keep Chinese cars out of their markets, but at the corporate level, automakers are growing ever closer to China. President…
Chairman Akio Toyoda Highlights the Need for Diverse Solutions in Achieving Carbon Neutrality Toyota Motor’s Chairman, Akio Toyoda, recently shared insightful commentary on the state of the electric vehicle (EV) industry, emphasizing the necessity for a varied approach in the…
In a significant move, Toyota Motor, the world’s sales leader in the automotive world, announced a shift in strategy. Starting in 2025, Toyota will incorporate Tesla’s North American Charging Standard (NACS) for its battery-electric vehicles (BEVs). “This decision reflects our…
As the world continues to charge towards an electric future, leading automaker Toyota is making significant strides. Partnering with battery giant LG Energy Solution (LGES), Toyota prepares to supercharge its US-based electric vehicle (EV) production. A Power-packed Partnership The recent…
In a surprising turn of events, Vietnamese electric car manufacturer, Vinfast, saw its shares soar by 21% this Monday. This follows a spectacular debut on Wall Street earlier this month, pushing its market value to an astonishing $160 billion. With…
The unprecedented 13-day winning streak of Tesla shares, which propelled the company’s valuation by a whopping $200 billion, met its conclusion on Wednesday. The meteoric rise, which added more than 40% to Tesla’s share value, ceased with a slight dip,…
In the heart of California, the Tesla Model 3 may be more affordable than the average sedan. An entry-level Tesla Model 3, tagged at $40,240, may now be acquired by Californians for a steal, thanks to a stack of state…
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