Interest in electric vehicles is falling due to several factors, including a lack of charging infrastructure, increasing costs of raw materials, and financing rates.
Tags: Electric vehicles
BYD's $3.7 Billion Government Funding Boost Positions it to Dominate the EV Market
Chinese EV giant BYD secures $3.7B government funding, solidifying global dominance. Concerns rise over unfair competition, prompting EU investigation.
China Becomes Global Leader in EV Exports, Prompting Need for More Shipping Vessels
Chinese automakers are expanding global EV exports but face ship shortages, reflecting China's rise as a top auto exporter.
Biden Admin Unveils Final Tailpipe Pollution Rules, Slowing EV Transition Until 2030
Biden admin adjusts EV targets to 35%, balancing industry concerns. EPA's new rules ease the transition, aiming for 50% emissions cut by 2032 amidst environmental and economic considerations
Electric Van Leasing Company EVCO Under Faces Insolvency Over $50 Million Debt
The insolvency status makes the Electric van leasing company, or EVCo, unable to pay its over $50 million debts, which were worsened by the arrest of its former executives in late 2023.
Latest News
Tesla is eyeing to expand in Southeast Asia to tap into the region's fast-growing electric vehicle (EV) market, where the US automaker faces competition from China's BYD.
Former President Donald Trump confirmed that he had recently met with Elon Musk, but they disagreed about electric vehicles (EVs).
Xiaomi said it will begin delivering its first electric vehicle (EV) model, the SU7, to customers this month.
Volkswagen in Germany is shifting its production of the electric ID 3 to Zwickau plant due to low demand, focusing on optimizing resources and simplifying resources.
Hawaii has become the fourth state to have a federally funded electric vehicle (EV) charging station.
Apple is reportedly abandoning its "Project Titan" work on developing an autonomous electric car.
Ford has ceased shipments of its 2024 F-150 Lightning electric pickup. Ford Motor has ceased shipments of its 2024 F-150 Lightning electric pickup amid reports of Ford trucks piling up in storage lots around Detroit.
Vietnamese electric vehicle manufacturer VinFast expands its global footprint by inaugurating its first integrated manufacturing facility in Tamil Nadu, India, with an investment of $500 million, aiming to create 3,500 jobs.
Renault CEO Luca de Meo urges European industrial nations to counter the threat of cheap foreign electric vehicles, highlighting Europe's passive stance in contrast to US subsidies and Chinese industrial strategies.
