South Korea overhauls EV safety standards after Mercedes Benz inferno
South Korea is accelerating its plans for a comprehensive EV battery certification program. The move comes after a fire involving ...
Tag: electric vehicles
Global EV sales surge 21% in July, driven by record growth in China
Global sales of electric vehicles (EVs) surged by 21% in July 2024, with China leading the charge, according to data ...
Uttar Pradesh’s hybrid tax waiver boosts Toyota, challenges Tata and Mahindra
Uttar Pradesh, India’s most populous state, has decided to maintain its waiver of registration taxes for hybrid vehicles. This move, ...
Half of all cars sold in China in July were electric or hybrid, marking a new era
China's automotive industry has reached a significant milestone as sales of new energy vehicles (NEVs)—including pure electric vehicles (EVs) and ...
EU stands firm on Chinese EV tariffs despite WTO dispute
The European Commission remains confident that its measures targeting Chinese electric vehicles (EVs) comply with World Trade Organisation (WTO) regulations, ...
Lucid secures $1.5 bn from Saudi PIF for electric SUV expansion
Lucid Group, the electric vehicle (EV) manufacturer, has announced a significant financial boost with up to $1.5 billion in funding ...
GM pauses development of its self-driving car indefinitely
General Motors (GM) has announced a shift in its self-driving vehicle strategy, placing the futuristic Cruise Origin vehicle on indefinite ...
Germany to abstain from EU vote on China EV tariffs
Germany is set to abstain from an upcoming European Union vote on imposing provisional tariffs on electric vehicles (EVs) imported ...
US new vehicle sales growth slows in Q2 2024 amid CDK cyberattack disruption
Growth in U.S. auto sales slowed significantly in the second quarter, hampered by a cyber incident at CDK Global. Despite ...
Polestar sees 63% stock decline, revenue dips to $2.38bn in 2023
Swedish electric vehicle (EV) manufacturer Polestar has announced a decline in its 2023 revenue, citing a drop in demand for ...
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