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The International Energy Agency expects electric vehicle sales to rise sharply in 2024 with growth driven primarily by China.

Electric vehicle sales set to surge in 2024 despite affordability challenges

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Electric vehicle sales are projected to rise sharply in 2024 despite persistent challenges in some markets, according to the International Energy Agency (IEA). The group forecasts...
Tesla is cutting the price of its FSD service as it looks to bolster demand amidst a cooldown in electric vehicle sales.

Tesla heavily discounts FSD price as Q1 earnings report looms

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Tesla has drastically lowered the lifetime price of its Full Self Driving (FSD) service ahead of the company's quarterly earnings report scheduled to be...
EVs are progressing at varying rates depending on their (rural, urban, suburban) location, resulting in a noticeable difference in the usage.

Suburban areas expected to house majority of EVs by 2030, report...

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The electrification of vehicles is progressing at varying rates depending on their (rural, urban, suburban) location, resulting in a noticeable difference in the use...
GM and Ford have reduced expenses and delayed investments to pursue profit growth while focusing on their primary gasoline-powered cars.

GM and Ford prioritize gasoline cars in Q1 amidst EV challenges

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The market eagerly anticipates the first-quarter results of two leading U.S. automakers, General Motors (GM) and Ford. Despite facing challenges such as a slowdown...
On April 18, Republican attorneys general from 25 states filed a lawsuit against the U.S. Environmental Protection Agency (EPA).

Republican attorneys general sue EPA over emission standards

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On April 18, Republican attorneys general from 25 states filed a lawsuit against the U.S. Environmental Protection Agency (EPA). They claimed the agency had...
Tesla's Cybertruck recall for faulty accelerator pedal. 

Faulty accelerator pedal prompts recall of Tesla’s Cybertruck

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On Friday, April 19, the National Highway Traffic Safety Administration (NHTSA) issued a recall for Tesla's Cybertruck, Elon Musk's acclaimed 'best product ever ',...
Rivian is planning to reduce employment by a further 1% by the end of the year in an effort to increase profitability. 

Rivian announces second round of layoffs to boost profitability

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Rivian, the EV startup, is taking drastic measures to boost its profitability. The company is implementing a second round of layoffs this year, which,...
Tesla share prices continued to decline this week as shareholders grow increasingly worried over the company's future.

Tesla share price continues to plunge as Q1 earnings report looms

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Tesla share prices continued to fall this week after a leaked internal memo indicated the company planned to lay off more than 10% of...
The recent uptake of cars based on hydrogen fuel cell technology is declining in the United States, especially in California.

Hydrogen fuel cell car sales plummet amidst stiff competition from EVs

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The recent uptake of cars based on hydrogen fuel cell technology is declining in the United States, especially in California, where the availability of...
On April 17, the U.S. National Highway Traffic Safety Administration (NHTSA) made a significant announcement. It revealed that it had escalated its investigation into a serious issue- the abrupt activation of the automated emergency braking systems in approximately 3 million Honda Motor vehicles.

NHTSA investigates over 3 million Honda vehicles after 47 crashes reported

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On April 17, the U.S. National Highway Traffic Safety Administration (NHTSA) made a significant announcement. It revealed that it had escalated its investigation into...