Tesla casts doubt on the quest for a Model T of EVs
Sources tell Reuters that Elon Musk is putting aside the idea of bargain-priced Tesla for the masses in favor of self-driving robo-taxis.
Tesla scraps low-cost car plans amid fierce Chinese EV competition: sources
Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker: Reuters
Tesla reports drop in auto sales, while Toyota sees US surge
Tesla reported sharply lower first-quarter auto sales on Tuesday amid an underwhelming demand outlook for electric vehicles, while legacy players including Toyota rode...
China’s competitive car market at heart of EV revolution
China is the biggest electric vehicle market in the world, a battle royale featuring both established carmakers as well as upstarts such as...
China’s Xiaomi enters car market with new electric vehicle
Chinese consumer tech giant Xiaomi launched its first electric vehicle in Beijing on Thursday, injecting itself into a fiercely competitive sector in the...
China commerce minister to head to Europe to make EV case
PARIS/SHANGHAI (Reuters) – China’s commerce minister will travel to Europe in April for discussions about the European Commission’s investigation into whether China’s electric...
Hyundai to invest more than $50 bn in South Korea in major EV push
Hyundai on Wednesday revealed plans to invest more than $50 billion in South Korea by 2026, with a huge chunk dedicated to boosting...
Chinese EV giant BYD announces record annual profit for 2023
Chinese battery and automotive giant BYD achieved a record profit in 2023, annual results showed Tuesday, despite fierce competition in the country as...
Chinese EV makers challenge market leaders at Bangkok car show
BANGKOK (AP) — Chinese electric vehicle makers are showcasing their latest models, including a flying car, as they take on global rivals at...
Vietnamese automaker VinFast to enter Thai EV market
BANGKOK (AP) — Vietnamese automaker VinFast announced Tuesday that it plans to sell its electric vehicles in Thailand and said it had tied...
