BYD purchasing Ford factories shows EV shift and overcapacity
As a result of the EV transition, the term "legacy automakers" emerged.…
Stellantis teases Ram EV van, replicating European EV success in the US
Stellantis, the global automobile conglomerate formed by the merger of Fiat Chrysler Automobiles and PSA…
EV sales hit a new high in the EU in 2022, Norway leads the drive
2022 was indeed a tough period for the auto industry due to…
South Australia drops pay-per-kilometer tax for EVs
The government of South Australia has reportedly dropped plans to implement a pay-per-kilometer tax…
BEVs covered 86% of China’s all NEV mileage in January, report says
The mileage driven by new energy vehicles (NEVs) reportedly recorded a month-on-month…
Legendary US investor says BYD is outselling Tesla in China by a margin that is “almost ridiculous”
American billionaire investor Charlie Munger openly stated that Tesla lags far behind…
BYD plans to build another $1.2 billion EV battery plant in China, per filings
Chinese EV and power battery giant BYD has grown rapidly in the…
Electric cars could challenge gasoline cars in price this year
Electric vehicles are becoming more affordable due to increased competition, government subsidies, and…
Chicago Auto Show 2023 launches on full scale for the first time since the pandemic with innovative EVs
Midwest's largest auto show kicked off at full scale once again at…
California: Q4 2022 EV sales increased to 24% market share
California's new vehicle sales increased in the fourth quarter. However, 2022 was slower…