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3 mins read

Marc Andreessen says US carmakers need to make a $20,000 EV if they don't want to 'lose the auto industry' to China

Marc Andreessen and Ben Horowitz said Chinese electric vehicles from companies like Xiaomi are beat…

Jaures Yip   


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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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2 mins read

Tesla stock rises as carmaker unveils full self-driving plans for China and Europe ahead of next month's Robotaxi reveal

If it receives regulatory approval, Tesla is on track to release its full self-driving technology i…

Jennifer Sor   


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2 mins read

India has potential to be in Maserati's top 10 global markets in mid term: Co-official

Italian luxury carmaker Maserati believes India has the potential to be among its top ten global ma…

PTI   


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1 min read

Tesla executive who led Cybertruck manufacturing leaves carmaker

The director who helped launched Tesla's Cybertruck is leaving the company.

Grace Kay   


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4 mins read

EV-iction notice: Why are electric vehicle owners switching back to petrol and diesel (ICE) cars?

Despite the largely successful worldwide push for EV adoption, many drivers are thinking about retu…

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1 min read

A Vietnamese electric carmaker is now worth $85 billion - almost as much as Ford and General Motors combined

Shares in VinFast soared more 250% in a Spac-led debut Tuesday, leaving founder Pham Nhat Vuong wor…

Joseph Wilkins   


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1 min read

Veteran short-seller Jim Chanos calls soaring electric carmaker VinFast a '$200 billion meme stock'

Monday's close saw the Vietnamese EV firm's market capitalization hit an eye-watering $190 billion …

Joseph Wilkins   


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3 mins read

Tesla electric vehicles entry into India will be "natural progression", says Elon Musk

In a significant development for India's electric vehicle (EV) industry, EV maker Tesla has lately …

ANI   


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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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1 min read

Warren Buffett sells $47 mn worth stake in Chinese EV firm BYD

There is widespread speculation that Buffett will soon sell out his entire stake in BYD. Th…

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2 mins read

An EV pricing war could be just what electric car-makers — and buyers — need right now

Today's pricing war, coupled with new federal EV tax credits, could boost EV demand, helping automa…

Alexa St. John   


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2 mins read

Expect India to be third largest market among 118 countries: Mercedes-Benz

India is the fifth largest market in the region after Japan, South Korea, Australia and Turkey.…

PTI   


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2 mins read

Europe shouldn't be afraid of Chinese electric cars, says Mercedes-Benz CEO

Ola Källenius rallied against protectionism in an interview with the Financial Times, arguing that …

George Glover   


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3 mins read

Electric car-makers have found a legal loophole to get their customers an extra $7,500 tax credit

Requirements for the new EV tax credits mean a lot of EVs won't qualify. Automakers may look to get…

Alexa St. John   


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1 min read

Lucid Motors is helping oil-rich Saudi Arabia go electric in its ambitious plan to become a carmaking powerhouse

Saudi Arabia is tapping Tesla rival Lucid to help it become a hub for making electric cars, part of…

Zahra Tayeb   


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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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4 mins read

Fisker's electric SUV got a terrible review. It's turned into a whole saga.

After Marques Brownlee roasted Fisker's Ocean SUV, a video of a phone call with someone claiming to…

Grace Kay   


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1 min read

Auto Expo 2023: Chinese electric carmaker BYD India to launch luxury sedan in 2023's last quarter

Chinese electric carmaker BYD India on Wednesday unveiled its new luxury sedan BYD Seal which, it s…

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1 min read

Zahra Tayeb