Toyota is making strides in its commitment to electric vehicle (EV) production with a hefty $1.4 billion investment in its Indiana plant. This investment is earmarked for the development of Full Article »
FedEx and UPS are facing challenges in transitioning to electric vehicles (EVs) due to shortages in supplies and batteries. These shortages not only limit the availability of EVs but also Full Article »
Honda is set to embark on a substantial investment journey in Canada, earmarking a staggering $11 billion towards the establishment of electric vehicle assembly and battery output facilities. The announcement, Full Article »
In February, U.S. Tesla registrations experienced a shocking decline, plummeting by 25 percent compared to the same period last year. This downturn had a ripple effect, dragging down the broader Full Article »
Bidirectional electric vehicle (EV) charging, also known as vehicle-to-grid (V2G) charging, is rapidly transitioning from a theoretical concept to a tangible reality, with automakers and various stakeholders eagerly embracing its Full Article »
Nissan recently announced its intention to commence the mass production of electric vehicles equipped with cutting-edge next-generation batteries by early 2029. This move signifies a strategic shift for Japan’s traditional Full Article »
Tesla is looking to have a slight workforce reduction, according to several trusted sources. The company, facing declining sales and heightened competition in the electric vehicle market, plans to lay Full Article »
In response to the recent Reuters article titled “Exclusive: Tesla scraps low-cost car plans amid fierce Chinese EV competition,” Elon Musk has taken to his platform to dispute the claims. Full Article »
The CEO of Stellantis, Carlos Tavares, emphasized the imperative for the automotive industry to significantly reduce the weight of electric vehicle (EV) batteries by 50% within the next decade to Full Article »
Nissan and Mitsubishi have recently announced a collaboration aimed at bolstering their presence in the U.S. market. The partnership marks a departure from their previous endeavors, with a focus on Full Article »
The recent decision by the Biden administration regarding gas engines in the USA has drawn a lot of attention, particularly in the automotive industry. Originally proposed regulations that would have Full Article »
The U.S. Energy Department (DOE) is set to announce final rules aimed at softening a previous proposal that would have significantly reduced the mileage ratings of electric vehicles (EVs) to Full Article »
The founder of VinFast, a Vietnamese electric vehicle manufacturer, recently introduced a new venture called V-Green, focusing on EV charging stations. This initiative, spearheaded by billionaire Pham Nhat Vuong, aims Full Article »
Japanese automotive giants Nissan Motor and Honda Motor are in discussions to form a strategic alliance aimed at bolstering their positions in the rapidly evolving electric vehicle (EV) market and Full Article »
Automakers are adjusting their strategies amidst shifting consumer demands, with a notable surge in interest in gas-electric hybrid vehicles overshadowing the cooling sales of purely electric cars in the United Full Article »