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1 min read

Mercedes-Benz electric car sales plunge by a third as Chinese competition and stuttering demand hit home

The German carmaker said it had seen a 31% drop in sales of battery-powered cars from a year earlie…

Tom Carter   


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5 mins read

Tesla's earnings report will include refocusing on its car business, and it comes as competition heats up

GM's recent success puts pressure on Tesla as it fights to maintain its EV dominance ahead of today…

Dan DeFrancesco   


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3 mins read

Waiting for the festive season to buy an EV? Cabinet approves PM E-Drive subsidising most EVs, sans electric cars

India's PM E-Drive subsidy provides significant financial incentives for electric two- and three-wh…

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2 mins read

Forget the Robotaxi: Wall Street cares about Tesla's business basics

CEO Elon Musk's big Robotaxi event fell flat with Wall Street. But analysts liked Tesla's third-qua…

Kelsey Vlamis,Lloyd Lee   


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2 mins read

The China threat and the EV slowdown— 2 takeaways from a busy few weeks in auto news

EV leaders are facing roadblocks heading into the final quarter of 2024.

Nora Naughton   


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5 mins read

Remembering Ratan: Here are some of the boldest business decisions taken by the legendary Tata industrialist

During his tenure at the company, Ratan Tata made several bold decisions that significantly impacte…

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2 mins read

Tesla's energy storage business was the highlight of its blowout earnings, and Elon Musk says it's 'growing like wildfire'

Energy storage accounts for almost 10% of total Tesla revenue so far in 2024. Elon Musk sees it as …

Tom Carter   


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3 mins read

Electric F-150 owners used their trucks to run CPAP machines and a horse hospital amid hurricane power outages

Ford F-150 Lightning owners told Business Insider they have used their trucks to power everything f…

Nora Naughton   


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2 mins read

Inside Henrik Fisker's staff meeting, where the CEO announced more layoffs hitting his electric car company

Henrik Fisker had grim news for his staff when they logged on to a short all-hands meeting Wednesda…

Grace Kay   


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3 mins read

China has a problem with electric cars and that's bad news for Elon Musk

Ongoing price wars and a faltering economy have dampened Chinese demand for electric cars. That's h…

George Glover   


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5 mins read

BPCL planning Rs 1.7 lakh crore spend to expand core business, new energy foray over next five years

The firm is now implementing the first phase of a multi-decade aspirational journey in the form of …

PTI   


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4 mins read

Elon Musk is ready to make his biggest pitch yet that Tesla is more than just a car company

Elon Musk is set to unveil a new chapter in Tesla's history at Robotaxi Day as he attempts to pitch…

Hasan Chowdhury   


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2 mins read

BMW CEO: A 2035 gasoline ban will hit the European car industry 'in its heart' and make it reliant on Chinese batteries

BMW CEO Oliver Zipse said the EU's ban on gasoline cars could "threaten the European automotive ind…

Kwan Wei Kevin Tan   


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2 mins read

Bankrupt EV start-up Fisker wants to sell its 3,300 unsold electric vehicles at an 80% discount to a company that rents cars to NYC Uber and Lyft drivers

The failed EV manufacturer Fisker wants to sell its inventory to a company that leases vehicles to …

Jack Newsham   


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2 mins read

Big Oil is all in on electric cars

Heavyweights of the combustion-car era like Shell, Exxon Mobil, and BP could dominate the electric …

Tim Levin   


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4 mins read

China's BYD is the world's biggest electric car maker — but it's not coming to America anytime soon

BYD has overtaken Tesla as the world's top electric car maker. Here's why the Chinese company is un…

George Glover   


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2 mins read

A 'bifurcated economy' is keeping some car buyers out of the market

Wealthy buyers are willing to pay up for expensive cars, but another 10-20% of the market is sideli…

Nora Naughton   


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2 mins read

Hertz halts plan to buy 65,000 electric cars amid EV slump

The rental car giant is pausing plans to buy 65,000 electric cars from EV pioneer Polestar, accordi…

Tom Carter   


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1 min read

Ola Electric raises Rs 3,200 cr to fund EV business

The Bengaluru-based firm aims to accelerate its growth by ramping up its two-wheeler manufact…

PTI   


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2 mins read

Ola wants to re-enter the quick commerce business to take on Blinkit and Swiggy Instamart

Ola tried its hand in the quick commerce business with Ola Dash but failed to crack the market and …