US Government

Ev Giant Nio Plans Drastic Job Reductions Amid Rivalry

Nio Faces Headwinds as China’s EV Price War Intensifies

Premium EV maker Nio reported disappointing third-quarter results as intense price competition in China’s electric vehicle market continues to squeeze margins and impact sales targets, reports Bloomberg. Revenue Growth Overshadowed by Losses The Chinese automaker posted revenue of 18.7 billion…

Tesla'S Charging Network Becomes Gold Standard

Nevada’s Bumpy Road to EV Charging Infrastructure

Nevada’s journey to build out its electric vehicle (EV) charging network has been slow and disjointed, according to a report by The Nevada Independent. Despite ambitious plans and significant funding, the state has struggled to create a comprehensive EV charging…

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.

BYD’s EV Empire Expands: Workforce Tops 900,000

China’s electric vehicle giant BYD is on a hiring spree, pushing its workforce past the 900,000 mark. This massive expansion, reported by Reuters, underscores the company’s ambitious growth plans and the booming EV market in China. Workforce Explosion BYD’s hiring…

Harris Drops Support For Ev Mandate: A Political Pivot?

Harris Drops Support for EV Mandate: A Political Pivot?

Vice President Kamala Harris, once a staunch supporter of federal rules mandating electric vehicle (EV) production, has seemingly changed her stance. According to a recent report by Alex Thompson and Ben Geman of Axios, Harris’ campaign stated that she “does…

Zeekr'S New Ev Batteries Promise World'S Fastest Charging

Zeekr’s New EV Batteries Promise World’s Fastest Charging

Chinese electric vehicle manufacturer Zeekr has unveiled new battery technology that claims to offer the world’s fastest charging speeds, potentially addressing key consumer concerns about EV adoption. This development was reported by CNBC on Tuesday, August 13, 2024. Record-Breaking Charging…

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…