EV
Analysis / Elon Musk bets big on Tesla, not cars
Hopes of keeping the crown have rested on a long-promised $25,000 model. If the project gets scrapped, as Reuters reported on Friday, boss Elon Musk has one remaining advantage: using Tesla’s data trove to develop self-driving technology
Tesla reportedly drops plan to build low-cost EV
Tesla has reportedly scrapped its plan to develop a lower-cost electric vehicle (EV) estimated to be priced around USD 25,000, according to a report by Reuters. Marking a significant shift in the company's strategy, this decision comes despite the perceived importance of such a low-cost vehicle for Tesla's broader growth trajectory.
Tesla scraps low-cost car plans amid fierce Chinese EV competition
Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters
Chinese EV giant BYD announces record annual profit for 2023
BYD recorded a net profit of 30 billion yuan ($4.16 billion) last year, up 80.7 percent year-on-year from 16.6 billion yuan in 2022
Nissan, Honda explore partnership in electric vehicles
Analysts said the move was aimed at catching up with Chinese competitors who have stolen a march in EVs while Japanese firms have lost ground by focusing more on hybrid vehicles
Global EV sales increased by 31% in 2023
The global sales of fully electric and plug-in hybrid vehicles (PHEVs) increased 31% in 2023, according to market research firm Rho Motion. The growth was reported to be 60% back in 2022.
Solid-state batteries: the future of the EV industry?
Central to the recent rise of EVs is an ongoing competition between two battery technologies: solid-state batteries, which promise enhanced performance and safety, and traditional lithium-ion batteries, which have served as the workhorse of the EV industry.
India unveils BS-6 Stage-II 'electrified flex-fuel vehicle' prototype
India has recently unveiled a prototype of the BS-6 (Stage-II) electrified flex-fuel vehicle, which is said to run on 100% ethanol. The vehicle, a made-in-India Toyota Innova Hycross, is developed by Toyota Kirloskar Motor, and contains both a fuel flexible engine and an electric powertrain.
Tesla faces trial over deaths caused by autopilot malfunction: reports
Tesla Inc., the multinational electric vehicle company, is set to appear in court to defend against claims that the malfunction of their autopilot driver feature resulted in accidents that led to death.
Elon Musk bets big on Tesla, not cars
Hopes of keeping the crown have rested on a long-promised $25,000 model. If the project gets scrapped, as Reuters reported on Friday, boss Elon Musk has one remaining advantage: using Tesla’s data trove to develop self-driving technology
Tesla reportedly drops plan to build low-cost EV
Tesla has reportedly scrapped its plan to develop a lower-cost electric vehicle (EV) estimated to be priced around USD 25,000, according to a report by Reuters. Marking a significant shift in the company's strategy, this decision comes despite the perceived importance of such a low-cost vehicle for Tesla's broader growth trajectory.
Tesla scraps low-cost car plans amid fierce Chinese EV competition
Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters
Chinese EV giant BYD announces record annual profit for 2023
BYD recorded a net profit of 30 billion yuan ($4.16 billion) last year, up 80.7 percent year-on-year from 16.6 billion yuan in 2022
Nissan, Honda explore partnership in electric vehicles
Analysts said the move was aimed at catching up with Chinese competitors who have stolen a march in EVs while Japanese firms have lost ground by focusing more on hybrid vehicles
Global EV sales increased by 31% in 2023
The global sales of fully electric and plug-in hybrid vehicles (PHEVs) increased 31% in 2023, according to market research firm Rho Motion. The growth was reported to be 60% back in 2022.
Solid-state batteries: the future of the EV industry?
Central to the recent rise of EVs is an ongoing competition between two battery technologies: solid-state batteries, which promise enhanced performance and safety, and traditional lithium-ion batteries, which have served as the workhorse of the EV industry.
India unveils BS-6 Stage-II 'electrified flex-fuel vehicle' prototype
India has recently unveiled a prototype of the BS-6 (Stage-II) electrified flex-fuel vehicle, which is said to run on 100% ethanol. The vehicle, a made-in-India Toyota Innova Hycross, is developed by Toyota Kirloskar Motor, and contains both a fuel flexible engine and an electric powertrain.
Tesla faces trial over deaths caused by autopilot malfunction: reports
Tesla Inc., the multinational electric vehicle company, is set to appear in court to defend against claims that the malfunction of their autopilot driver feature resulted in accidents that led to death.
Foxconn EV venture targets India, Thailand for new small car
Foxconn's (2317.TW) venture attempting to build a standardised electric vehicle platform is targeting India or Thailand for the production of a small battery-powered car under development, the unit's chief executive said.
