Electric vehicles

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The BYD of Vietnam just reported a huge loss for 2023—a whopping $2.4 billion
Tech

The BYD of Vietnam just reported a huge loss for 2023—a whopping $2.4 billion

By
February 23, 2024
A Polestar new energy vehicle store in Shanghai
Finance

Volvo is ditching most of its stake in struggling Tesla rival Polestar

By Rafaela Lindeberg and Bloomberg
February 23, 2024
Elon Musk says Rivian needs to ‘cut costs massively’ and its execs should ‘live in the factory’ for the struggling Tesla rival to survive
Tech

Elon Musk says Rivian needs to ‘cut costs massively’ and its execs should ‘live in the factory’ for the struggling Tesla rival to survive

By
February 23, 2024
Rivian founder RJ Scaringe
Tech

Tesla competitor Rivian predicts zero growth this year as founder blames the Fed for making him cut a tenth of his staff

By
February 22, 2024
Mercedes CEO warns that EVs are ‘many years away’ from costing the same as traditional cars amid cooling demand for vehicles with a plug
Tech

Mercedes CEO warns that EVs are ‘many years away’ from costing the same as traditional cars amid cooling demand for vehicles with a plug

By Wilfried Eckl-Dorna, Tom Mackenzie and Bloomberg
February 22, 2024
Tesla’s price cuts are driving down car values so much that EV makers are sending checks to leasing firms to compensate them
Finance

Tesla’s price cuts are driving down car values so much that EV makers are sending checks to leasing firms to compensate them

By Elisabeth Behrmann, Wilfried Eckl-Dorna and Bloomberg
February 21, 2024
Ford CEO Jim Farley holding his hands together, as if he was praying for people to buy more Mach-E cars
Tech

Ford is slashing prices for electric cars after sales took a nosedive last month

By Keith Naughton and Bloomberg
February 20, 2024
Xpeng CEO He Xiaopeng
Tech

China’s EV rush into Western markets risks ending in a ‘bloodbath’ for the industry, warns founder of Tesla rival Xpeng

By
February 20, 2024
fisker ceo henrik fisker standing beside a black car
Finance

Tesla rival Fisker could be run off the road after receiving an NYSE notice and safety concerns over some of its cars rolling away

By
February 20, 2024
The Yangwang U8 from BYD
Tech

Fresh from eclipsing Tesla in EV sales, BYD plans raft of new upscale models to grab leading share of luxury car market

By
February 19, 2024
German companies are pouring a record amount of investments in the U.S. as Germany’s tight economic relationship with China wobbles
Finance

German companies are pouring a record amount of investments in the U.S. as Germany’s tight economic relationship with China wobbles

By
February 19, 2024
Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Elon Musk’s Tesla
Tech

Stellantis CEO says Chinese EVs are ‘possibly the biggest risk’ facing his carmaker and Elon Musk’s Tesla

By
February 17, 2024
Elon Musk said it was ‘time to move on’ from hybrids years ago—but a windfall from them will help Japanese carmakers challenge Tesla in EVs
Tech

Elon Musk said it was ‘time to move on’ from hybrids years ago—but a windfall from them will help Japanese carmakers challenge Tesla in EVs

By
February 16, 2024
Scout Motors
Tech

Volkswagen-backed Scout Motors is ‘relaunching an American icon’ with a $50,000 electric SUV model

By Jeffrey Collins and The Associated Press
February 16, 2024
Ford CEO, who’s been worrying about China’s EV dominance for years, says ‘the world has changed’ and he’d work with rivals on a cheaper battery
Tech

Ford CEO, who’s been worrying about China’s EV dominance for years, says ‘the world has changed’ and he’d work with rivals on a cheaper battery

By
February 15, 2024

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