Tesla demonstrated its advanced autonomous driving capabilities at the recent We, Robot event, as reported by Ashok Elluswamy from Tesla’s Autopilot Department. The electric vehicle manufacturer conducted over 1,300 fully autonomous trips without any issues, highlighting the progress of their…
Tesla’s stock saw a modest uptick on Tuesday, rising 0.2% to $219.57, as investors and analysts weighed in on the company’s recent robotaxi updates. This news comes from a Barron’s article by Al Root, detailing the market’s response to Tesla’s…
A groundbreaking study from the University of Toronto has uncovered significant population-level health benefits associated with the widespread adoption of electric vehicles (EVs). The research, published in the Proceedings of the National Academy of Sciences, used computer simulations to predict…
Chinese electric vehicle manufacturers made a bold statement at this year’s Paris Auto Show, showcasing their latest models despite recent EU tariffs. According to reporting from The New York Times, a record number of Chinese automakers unveiled cutting-edge EVs, seemingly…
Global sales of electric vehicles (EVs) and plug-in hybrids jumped 30.5% year-over-year in September, according to data from market research firm Rho Motion. This surge was primarily driven by China’s record-breaking numbers and a return to growth in Europe. China…
The CEO of BMW, Oliver Zipse, has cautioned that the European Union’s plans to ban traditional combustion engines by 2035 may no longer be realistic and could lead to a significant contraction of the automotive industry. This warning came during…
The Tesla Cybertruck has stunned industry watchers by becoming the third best-selling electric vehicle in the U.S. for Q3 2023, despite its hefty price tag. This surprising development was reported by Cox Automotive, which owns Kelley Blue Book (KBB). Cybertruck’s…
In a stunning reversal of fortune, Germany’s automotive powerhouses are finding themselves outpaced and outmaneuvered in the world’s largest car market. A recent Bloomberg report paints a sobering picture of how Volkswagen, BMW, and Mercedes-Benz are desperately scrambling to catch…
A new rule proposed by the U.S. Commerce Department is set to effectively ban Chinese electric vehicles from the American market. This regulation, reportedly justified on national security grounds, aims to prohibit Chinese-designed or produced hardware and software in vehicle…
MG looks set to expand its electric vehicle lineup in Australia, with a camouflaged SUV resembling the popular MG4 spotted testing in Victoria. The sighting, shared on social media by EV enthusiast Andrew M, has fueled speculation about MG’s next…
Volkswagen’s banking on affordable electric vehicles to revive its flagging sales in Europe and China, echoing a strategy from the 1970s oil crisis. According to Fortune, the German automaker plans to roll out eight new budget-friendly EVs by 2027. From…
Tesla’s unveiling of a sporty, two-seater robotaxi dubbed Cybercab has left experts puzzled and investors worried, according to a recent report from Reuters. The reveal, which took place at a hyped event near Los Angeles on October 10, 2024, presented…
Tesla’s much-hyped robotaxi unveiling failed to impress investors, leading to an 8% drop in the company’s stock price and erasing about $60 billion in market value. The event, held in Hollywood, was reported by The Guardian. Cybercab: Big on Promises,…
Polestar, the struggling electric vehicle manufacturer, is changing tactics to boost sales after reporting a significant drop in deliveries. According to a Bloomberg report, the company’s new CEO is pushing for a more traditional sales approach by selling cars through…
Volkswagen Group reported a complex picture for its electric vehicle (EV) sales in the third quarter of 2024, according to a recent press release. While overall deliveries declined, there were bright spots in certain markets and segments. Global EV Deliveries…
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