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Drivers are being 'ill-served by underwhelming EVs,' says boss of Tesla rival Lucid

Lucid CEO Peter Rawlinson told the Cars and Culture podcast that the problem with EVs in the US was…

Tom Carter   


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1 min read

Toyota and BMW are the latest casualties in China's evolving EV market

Toyota and BMW reported sinking profits on Wednesday, with sales in China slumping as both face gro…

Tom Carter   


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Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central …

Kelly Cloonan   


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3 mins read

Why Tesla's sales are slipping in California, and what it means for Elon Musk's car company

Tesla is losing ground in its home state of California. That signals more trouble ahead for Elon Mu…

Nora Naughton   


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Swiggy IPO subscribed to 2.13 times on last day of the offer

Swiggy's IPO closes today, having received strong interest from QIB and employees. The company aims…

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1 min read

Tesla surges 13% as market sees Donald Trump's presidency benefiting key ally Elon Musk

Tesla stock soared 13% on Wednesday after the election result. CEO Elon Musk was among Trump's most…

Kelly Cloonan   


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Tesla hits a $1 trillion market cap after the stock rallies 27% following Trump's election win

While Trump's election win is seen as potentially negative for the broader electric vehicle sector,…

Matthew Fox   


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1 min read

Indian consumers shift gears toward luxury and sustainability in the auto sector: Survey

Consumers in India show a growing interest in premium and sustainable vehicles, with 85% leaning to…

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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

Tesla stock has 40% upside as a 'top pick' as it corners the EV-credit market, Morgan Stanley says

"We see potential for the Tesla Energy business to be worth more than the autos business," Morgan S…

Matthew Fox   


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Skoda plans to launch an updated electric vehicle in India in 2025

Skoda Auto will roll out its electric vehicle in the Indian market in 2025. In an exclusive interac…

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4 mins read

Shares of Ola Electric have tapered down from their record-highs. Is this a good time to buy in?

Around 18.18 crore shares, or about 4% of company's outstanding shares were eligible for trading in…

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1 min read

China's EVs are fueling a big oil demand slowdown

China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …

Kelly Cloonan   


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Rivian's CEO explains why there won't be just one winner in the EV market

Rivian CEO RJ Scaringe explained at the Atlantic Festival 2024 why a thriving EV industry needs man…

Benjamin Zhang   


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3 mins read

Why Musk supports Trump getting rid of EV tax credits

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devasta…

Graham Rapier   


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7 mins read

How is Ola Electric Mobility faring post its IPO?

Ola Electric announced the launch of Roadster electric motorcycle, which will be available in three…

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3 mins read

Japanese carmakers are losing ground as China surges ahead in the EV race

Toyota, Honda, and Nissan recently reported underwhelming earnings, pressured by China's competitiv…

Tom Carter   


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Tesla Cybertrucks have joined the growing number of luxury EVs that can now be leased

Tesla's Cybertruck is now available for lease a year after the company made its first deliveries.

Lloyd Lee   


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1 min read

Traders betting against clean energy stocks have made $1.3 billion since Trump's election win

Renewable energy stocks have tumbled since Trump won the election, as markets eye the potential for…

Kelly Cloonan   


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China and Europe's EV fight just stepped up a notch

The Chinese commerce ministry said on Monday it will file a lawsuit with the WTO against the EU's t…

Tom Carter