China-based BYD has committed to constructing a $1 billion assembly plant for electric vehicles (EVs) in Turkey.
Tags: EV
BYD Introduces Advanced Driver Assistance for EVs Under $10,000
BYD introduces its "God's Eye" advanced driver-assistance system for EVs under $10,000, boosting affordability and competition in China's auto market.
Chinese EV Makers Shift to Singapore as Charging Stations and Government Incentives Grow
Singapore is seeing a surge in Chinese electric vehicle brands like Zeekr and Xpeng as EV adoption ramps up by increasing charging ports and incentives.
Tractor Drone Maker Monarch Reveals $133 Million Series C Funding
Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.
GM Receives $500 Million Grant From DOE For EV Production in Lansing Grand River Assembly Plant
General Motors (GM) has secured a $500 million grant from the US Department of Energy to support the production of EVs at its Lansing Grand River Assembly plant.
Latest News
European tariffs have reportedly slowed China's electric and plug-in hybrid vehicle export growth by 20-30% in recent months.
Major South Korean battery producer SK On is in crisis amid weak electric car sales of its clients in the US and Europe.
Tesla has achieved a milestone as the first foreign-owned electric vehicle brand to be included in a Chinese government procurement list.
Tesla delivered 444,000 electric cars in the second quarter, above experts' expectations. Tesla vehicles are seen on a lot at a Tesla dealership on December 13, 2023 in Austin, Texas.
Cheap Chinese electric vehicles potentially entering the US market via Mexico have sparked profitability concerns among US automakers and policymakers.
German automaker Volkswagen announced that it would invest $5 billion in US-based electric vehicle maker Rivian as part of a joint venture to share EV architecture and software.
Canada declared that it was considering tariffs on Chinese electric cars to support its allies, the US and EU.
China and the European Union (EU) have agreed to negotiate on proposed tariffs on Chinese EVs amid ongoing tensions.
The first electric vehicle (EV) of Ferrari reportedly has a hefty price tag of over $500,000. The first electric vehicle (EV) of Ferrari reportedly has a hefty price tag of over $500,000.
