UK car production surges 40%, but looming Brexit tariffs may impede further growth
The British car industry experienced a 40% surge in September 2023, as…
Ford delays approximately $12B in EV investment amid waning demand
Ford postpones its $12 billion EV investment due to heightened prices impacting…
Honda and GM abandon $5B partnership for cheaper EV models development
Honda and GM halt their joint $5 billion EV project aimed at…
Bank of America launches initiatives to advance on EV lending
Bank of America pioneers in EV promotion with home charging station financing.…
Tesla snatches 2nd spot on Fortune 100 fastest-growing companies list
Tesla has clinched a spot in Fortune's 100 fastest-growing companies, landing an…
BP pulse partners with Tesla for $100M charging hardware units
In a landmark $100 million deal, bp pulse acquires Tesla's ultra-fast EV…
Customers can now access the highest EV discounts in history
Electric car makers are slashing prices to spur EV sales amid stiff…
Stellantis to buy 20% stake in China’s Leapmotor with €1.5 billion investment
Stellantis commits $1.1 billion for a 20% stake in Chinese EV brand…
Toyota Chairman argues “people are finally seeing reality” of electric vehicles amid waning sales
Toyota Chairman Akio Toyoda underscores the importance of hybrid vehicles amidst dwindling…
Increasing car insurance premiums may hinder widespread EV uptake in the UK
UK Car Insurance Soars Amid Economic Pressures: Rising repair costs, labor shortages,…