Electric Vehicles
Xiaomi revs up smart driving team, aims for industry top tier in 2024
Xiaomi is rapidly expanding its smart driving research and development (R&D) team, aiming to become a major player in the...
BYD celebrates 7 millionth new energy vehicle milestone
Chinese automaker BYD has achieved a significant milestone, rolling its 7 millionth new energy vehicle (NEV) off the assembly line....
Saudi Wealth Fund injects $1 bn lifeline into Lucid Motors
California-based electric vehicle (EV) startup Lucid Motors (LCID.O) secured a cash injection of $1 billion on Monday. The funding comes...
Collaborate to compete with Chinese electric vehicle makers, Renault CEO writes EU
In a bid to confront the growing dominance of Chinese electric vehicle (EV) manufacturers, Luca de Meo, the CEO of Renault,...
Electric vehicles now nearly as affordable as fossil fuel cars
The electric vehicle (EV) market is experiencing a seismic shift, especially in the United States, with EVs now available in...
Boston Consulting Group study reveals why US Automakers lose $6,000 per EV sold for $50,000
Automakers in the United States have poured millions of dollars into their electric vehicle (EV) strategies, focusing on new product...
From gas to green: Isuzu wants to invest $6.62 bn in Thailand to produce electric D-MAX Pickup
Isuzu Motors, a prominent Japanese automaker, is set to produce an electric version of its D-MAX pickup truck in Thailand....
Moove hits $750 Million valuation after $100m funding for EV expansion
Moove, a leading mobility fintech startup, announced it secured $100 million in a Series B funding round, a giant stride...
U.S. automakers pivot towards hybrids amid cooling EV sales
U.S. automakers are increasingly focusing on hybrid vehicles as electric car sales experience a slowdown. This trend reflects a nuanced...
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