According to Gary Silberg, a global automotive sector leader at KPMG, the affordability of electric vehicles (EVs) remains a significant barrier for many potential buyers. While Silberg expects the demand Full Article »
BMW is set to expand its range of electrified vehicles with the introduction of several new models in the summer of 2023. One of the notable additions is the BMW Full Article »
Ford Motor Co. recently shared its projections for the growth of its internal combustion engine (ICE) vehicle business, referred to as Ford Blue, over the next couple of years. During Full Article »
Cadillac has officially announced the name of its upcoming electric SUV, which will be called the Escalade IQ. The new Escalade IQ will be one of the very first entries Full Article »
Ford Motor Co announced today three significant deals pertaining to the supply of lithium products, including lithium hydroxide. These agreements are part of Ford’s strategy to accelerate the production of Full Article »
According to Toyota Motor Corp’s top scientist, a shortage of resources makes battery electric vehicles (BEVs) an inadequate solution to combat climate change. Toyota has faced criticism for its slow Full Article »
According to a forecast and analysis conducted for Reuters, General Motors (GM) may face a battery bottleneck that could hinder its projected EV production for 2025. While GM has announced Full Article »
Panasonic Holdings Corp, a Japanese company known for its battery manufacturing, has announced its plans to expand battery production for electric vehicles (EVs) in North America. The company intends to Full Article »
Japanese automotive and motorcycle makers, Toyota, Honda, Suzuki, Kawasaki, and Yamaha are joining forces to develop hydrogen internal combustion engines for small vehicles, motorcycles, boats, construction equipment, and drones. This Full Article »
On May 16, Elon Musk, the CEO of Tesla Inc, addressed shareholders at the company’s annual meeting held in Austin, Texas. During the meeting, Musk emphasized that Tesla would not Full Article »
Finding an electric vehicle (EV) for a test drive and purchase can be a challenging task unless you have a clear idea of what you want and are prepared to Full Article »
A group of Tesla Model S and Model X owners in the United States filed a proposed class-action lawsuit against Tesla in California. The lawsuit alleges that automatic software updates Full Article »
The declining market share of franchised dealers in states like Washington and Colorado, which allow direct sales and follow California’s climate standards, is cutting into their potential profits. Tesla’s sales Full Article »
VinFast, an electric vehicle (EV) maker founded by Vietnam’s richest person, is set to go public through a merger with Black Spade Acquisition Co., a blank-check company. This would be Full Article »
Tesla has raised the prices of its Model S, X, and Y electric vehicles in the United States by low single-digit percentages, marking the second time the company has hiked Full Article »
