Tags: EV

Tesla Reportedly Ends Low-Cost Car Plans Due to Strong Chinese EV Competition

Tesla has reportedly ended its plans for a low-cost vehicle, a move attributed to the formidable competition posed by Chinese EV manufacturers.


EV Startup Canoo Reports $302 Million Loss in 2023 as CEO's Private Jet Bills Soar

Canoo, an EV startup, faced scrutiny as it reported CEO Tony Aquila's private jet expenses of $1.7 million, surpassing its revenue of $886,000 in 2023, amid a $302 million loss.

Warren Buffett-Backed BYD Profit Surged 80% in the Year China's EV Giant Overtook Tesla

China's BYD, backed by Warren Buffett's Berkshire Hathaway, has announced a profit increase of over 80% in its first set of annual earnings after stealing Tesla's crown as the world's top seller of electric vehicles (EVs).

Fisker Trading Suspended as NYSE Takes Steps to Delist EV Firm

The New York Stock Exchange said it would immediately stop trading shares of EV startup Fisker and remove the business from its platform.


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Nissan Motor is reportedly considering approaching Honda Motor for a partnership on key components for electric vehicles (EVs).
Fisker's stock fell over 40% in after-hours trading on Wednesday, raising investor concerns about the EV company's future.
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.
Xiaomi said it will begin delivering its first electric vehicle (EV) model, the SU7, to customers this month.
China's decreasing EV demands are forcing EV makers to become more creative. Here are some of the most peculiar add-ons they now offer.
Hawaii has become the fourth state to have a federally funded electric vehicle (EV) charging station.
joe biden
The Biden administration may stall crucial pollution restrictions on cars, hurting EV development. The Environmental Protection Agency (EPA) of the United States may consider easing a major climate change regulation that limits emissions from vehicles' tailpipes.
LG Chem Signs Deal With GM to Build $3 Billion EV Battery Cathode Factory — the Largest of Its Kind in the US
LG Chem has entered into an agreement with General Motors (GM), which includes a plan to build a massive battery cathode factory in Tennessee.
Tesla CEO Elon Musk told investors a cheaper EV will be produced later this year. Tesla CEO Elon Musk informed investors on Wednesday, January 24, that a more affordable variant of the electric vehicle (EV) would be released later this year.
Warren Buffett–Backed BYD Beats Volkswagen as China’s Biggest Carmaker
Warren Buffett-backed BYD has seized the top position in China's car market, ending Volkswagen's 15-year reign.
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