Tesla investors lose bid for new US trial over Musk’s 2018 tweets
A U.S. appeals court upheld a verdict clearing Elon Musk and Tesla of liability in the 2018 "funding secured" tweet case.
Lyft inks deals with Mobileye, others to bring robotaxis to ridehail platform
Lyft partners with Mobileye, May Mobility, and Nexar to advance self-driving taxis and compete with Uber in the robotaxi market.
EV maker Rivian may report first quarterly revenue drop since IPO
EV maker Rivian's plight comes amid a broader slowdown in electric vehicle demand due to cheaper hybrids.
Musk now says it’s ‘pointless’ to build a $25,000 Tesla for human drivers
Elon Musk suggests Tesla dropped plans for a human-driven $25K EV, instead focusing on a fully autonomous "Cybercab" by 2026.
Tesla’s Oct China-made EV sales fall 5.3%
Tesla reported a 5.3 per cent decline in October EV sales in China. Meanwhile, Chinese rival BYD hit a record 500,526 units.
More govt support and public exposure to EVs needed: Polestar UK boss
Polestar’s UK boss calls for more government incentives and exposure to EVs to drive sales and reduce charging concerns.
China’s BYD boosts production and hiring amid Q3 growth
The Chinese EV maker posted an 11.5% rise in third-quarter net profit.
Panasonic’s battery unit Q2 operating profit rises 42%, keeps forecast
TOKYO (Reuters) -Japan’s Panasonic Holdings said on Thursday second-quarter operating profit rose 42% at its battery-making energy unit, as stronger sales of energy...
Chinese EV giant BYD beats Tesla in quarterly revenue for first time
China's BYD reported surging sales, surpassing Tesla in quarterly revenue for the first time as it expands into overseas markets.
Chinese automaker Geely steps up challenge to BYD with new hybrid tech
Geely’s new Leishen hybrid tech outperforms BYD in fuel efficiency with 2.62L/100km and 2,390 km range, boosting hybrid competition.
