Mercedes-Benz is pulling out of China’s electric vehicle market, selling its remaining stake in premium EV maker Denza. This move comes as luxury spending in the world’s largest auto market takes a hit, according to a recent report from The…
BYD, China’s leading electric vehicle (EV) maker, is making a bold move into Europe, with its first assembly plant set to open in Hungary. This strategic decision comes as the European Union considers raising tariffs on EVs imported from China,…
Electric vehicle (EV) batteries are on track for a major sustainability upgrade, potentially revolutionizing the industry’s environmental impact and supply chain. According to a recent report from The Economist, most EV batteries could soon be made by recycling old ones,…
BMW is taking a big step towards a more sustainable future by partnering with Redwood Materials to recycle lithium-ion battery packs from its electrified vehicles. This move is part of BMW’s broader strategy to create a closed-loop supply chain for…
Investors in Asia’s electric vehicle (EV) battery sector are keeping a close eye on the US presidential race, with even unexpected factors like Taylor Swift’s potential endorsements making waves. This heightened interest comes from the significant impact the election outcome…
The BMW i4 is making waves in the electric vehicle market, proving to be a formidable competitor to the Tesla Model 3. This stylish four-door EV is not just a pretty face – it’s got the performance and range to…
The UK government has confirmed that sales of some new hybrid cars will be allowed until 2035, while maintaining its commitment to ban new petrol and diesel-only vehicles from 2030. This news comes from a recent report by The Guardian.…
Volkswagen, once a titan of the auto industry, is now facing a triple threat that’s putting its EV ambitions in jeopardy. According to a recent report from POLITICO, the German carmaker is grappling with challenges from China, a lagging EV…
The electric vehicle landscape is evolving rapidly, and Porsche’s latest entry is making waves. Sawyer Merritt recently broke the news about the Porsche Macan EV receiving its official EPA range rating, and the numbers are turning heads in the automotive…
BMW’s recent announcement about cutting its profit margin forecast due to sluggish demand in China is just the tip of the iceberg. According to analysts, electric vehicles (EVs) are shaking up auto sales in the world’s biggest market, leaving foreign…
Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China’s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from…
Panasonic Energy has just announced that it’s all set to start mass-producing its 4680 electric vehicle (EV) batteries. The company’s renovated plant in Kinokawa, Wakayama prefecture, Japan, is geared up to be the main hub for these new cells, which…
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