Honda to invest $80M in Brazil by 2030, develop hybrid-flex vehicle
Japanese automaker Honda aims to develop a hybrid-flex vehicle in Brazil — the latest in a series of fresh investments by automakers such...
GM and Ford count on gas-powered trucks as EV growth slows
The slowdown in EV demand and competition from Chinese automakers have forced delays in investments and cost cutting for GM and Ford
Volkswagen to invest $210M in South African plant, expects slower move to EVs
While most global markets transition to EVs, Volkswagen expects African markets to keep making and selling vehicles with internal combustion engines for the...
Tesla to lay off more than 10% of its staff, Electrek reports
Planned job cuts come after EV maker reported that its global vehicle deliveries in the first quarter fell for the first time in...
Climate pledges of big firms ‘critically insufficient’: report
Dozens of major international companies are failing to reduce their greenhouse gas emissions at the pace required to slow climate change, a report...
Elon Musk says Tesla will unveil robotaxi in August
Elon Musk revealed Friday that Tesla will pull back the curtain on a robotaxi this summer, news that comes as adoption of self-driving...
New Mexico electric vehicle mandates to remain in place as auto dealers fight the new rules
State regulators denied an effort to derail implementation of new rules requiring New Mexico auto dealers to provide a higher number of EVs...
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...
