Tag: EV news
BMW expects future sales growth to come primarily from EVs
BMW has reached a turning point in its transition from gas-powered to electric vehicles, with its CFO, Walter Mertl, predicting that EVs will make...
Volkswagen sales jump 11.8% in 2023, EV volume breaks quarterly record
The Volkswagen Group maintained an impressive recovery pace throughout 2023, ending the year up 11.8% from 2022 in terms of sales across the company's...
Tesla market valuation sheds $94 billion in first weeks of 2024
Tesla saw its market valuation shed $94 billion over the first two weeks of 2024, marking one of the sharpest share price drops in...
Tesla boosts pay after UAW ramps up unionization efforts
Tesla will boost worker pay across the U.S. in an effort to keep wages competitive with market norms, several months after the United Auto...
Hertz reduces EV fleet by 20,000 vehicles, blames Tesla
The well-known rental car company Hertz Global Holdings announced that it would sell around one-third of its EV fleet since it depreciated faster than...
Polestar reports Q4 global deliveries, revealing a difficult end to 2023
The Swedish electric car manufacturer Polestar Automotive has released its global delivery figures for the fourth quarter of 2023.
The report revealed that the company delivered...
VinFast debuts midsize truck and electric utility vehicle at CES for...
Vietnamese automaker, VinFast, unveiled two cars at the Consumer Electronics Show (CES) in Las Vegas this year. A midsize pickup truck, similar to the...
White House to add 7,500 EV charging ports across the U.S.,...
Range anxiety is becoming more common as electric vehicles (EVs) become more prevalent on American roads. Unlike conventional vehicle owners who can easily find...
Tesla cuts driving range estimates as regulators revise testing rules
Tesla has slashed driving range estimates across its model lineup in response to new regulations aiming to improve transparency in the electric vehicle sector.
The...
Honda reveals innovative 0 Series EV concepts at CES
At the Consumer Electronics Show (CES) 2024 in Las Vegas, Honda unveiled two innovative, electric concept cars as part of its "0 Series." Set...
