Thursday, 23 January 2025

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Tesla electric vehicles are lined up at a dealership in Durango, northern Spain, October 30, 2023. REUTERS/Vincent West/File Photo
BusinessElectric Vehicles (EVs)News

Tesla expected to post lower profit margin amid doubts on growth, product strategy

Tesla is expected to report its lowest gross profit margin in more than six years on Tuesday after a chaotic week that included...

The Honda logo is displayed at the 44th Bangkok International Motor Show in Bangkok, Thailand, March 23, 2023. REUTERS/Athit Perawongmetha/File Photo
BusinessEconomyElectric Vehicles (EVs)NewsPolitics

Honda to build electric vehicles and batteries in Canada’s Ontario: source

Honda will build electric vehicles and their parts in Ontario with financial support from the Canadian and provincial governments under a plan to...

FILE PHOTO: Scott Ostfeld, managing partner and portfolio manager with  JANA Partners LLC., speaks during the 13D Monitor's Active-Passive Investor Summit in New York City, U.S., October 17, 2023. REUTERS/Brendan McDermid/File Photo
BusinessElectric Vehicles (EVs)FinanceNews

Activist Jana Partners urges Wolfspeed to eye sale, other strategic alternatives

Despite Wolfspeed's differentiated manufacturing capabilities and critical role as a U.S. supplier supporting the energy transition, every current shareholder appears to have lost...

FILE PHOTO: An electric vehicle is plugged into a charging station in Bilbao, Spain, February 15, 2023. REUTERS/Vincent West/File Photo
AutomotiveBiofuelsEconomyElectric Vehicles (EVs)EmissionsHydrogenLegislationNewsPoliticsRegulations

EU’s 2050 net-zero goals at risk as EV rollout faces setbacks: external auditor

The EU needs to rethink its policies to make a 2035 ban on new petrol car sales feasible as electric vehicles remain unaffordable...

FILE PHOTO: A Tesla Model X is shown at a Tesla service center in Costa Mesa, California, U.S., October 20, 2020.   REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)News

Tesla shares drop on price cuts in run-up to earnings

As investors wait for quarterly earnings report, market trading dips after $2,000 cuts to electric vehicle models.

FILE PHOTO: A BYD's electric vehicle (EV) Qin moves on a street in Beijing, China October 31, 2023. REUTERS/Tingshu Wang/File Photo
BusinessElectric Vehicles (EVs)News

Prices of EVs fall in Chinese city of Shenzhen, state planner says

Electric cars and hybrids are popular in the southern Chinese metropolis, where manufacturers have cut prices up to 10%.

FILE PHOTO: Electric vehicles are displayed at a shopping mall in Beijing, China, Nov. 3, 2023. REUTERS/Tingshu Wang/File Photo
AutomotiveElectric Vehicles (EVs)ElectricityInfrastructureNews

Automakers hope for a cut as two-way EV charging becomes real

Motoring brands pursue bidirectional, or vehicle-to-grid (V2G), EV charging that lets owners charge at overnight off-peak rates then sell power back to grids...

FILE PHOTO: The logo of BYD is seen outside a BYD car dealer in Reze near Nantes, France, March 27, 2024. REUTERS/Stephane Mahe/File Photo
AutomotiveElectric Vehicles (EVs)NewsTransport

China’s BYD names electric pickup truck BYD Shark

SHANGHAI – Chinese electric vehicle maker BYD said on Monday its electric pickup truck will be called BYD Shark and will feature a...

BusinessElectric Vehicles (EVs)News

Tesla cuts prices in China, Germany and around globe after US cuts

Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States, as...

A Tesla Model 3 vehicle is shown using the Full Self Driving Beta software (FSD) while navigating a city road in Encinitas, California, U.S., February 28, 2023. REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)News

Tesla cuts price of Full Self-Driving software by a third to $8,000

Tesla self-driving technology still a top goal for Elon Musk's electric car company.

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