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The Lynk & Co 08 EM-P
Cars & Bikes

China’s Auto Market Sees Rise of PHEVs Over BEVs

China’s automotive market has witnessed a significant shift, with over 50% of cars sold in the country categorized as “new energy vehicles” in...

Tesla
Business

US Probes Tesla Recall Over Autopilot Fix Effectiveness

The National Highway Traffic Safety Administration (NHTSA) has launched an investigation into Tesla’s handling of a recall affecting more than 2 million vehicles...

Tesla, supercharger stations
Business

Tesla’s High-Stakes Earnings Report: Musk’s Future Plans

Tesla’s upcoming earnings report is generating significant anticipation and anxiety among investors and analysts alike. This quarter is expected to be one of...

Cybertruck
Consumer Tech

Tesla Halts Cybertruck Deliveries Over Pedal Issue

Tesla’s Cybertruck deliveries hit a snag last week, with reports suggesting that issues related to the truck’s accelerator pedal have led to a...

Musk Denies Tesla's Cheap EV Cancellation
Business

Musk Denies Tesla Scrapping Cheap EV for Robotaxis

Elon Musk, the billionaire CEO of Tesla, has vehemently denied recent reports suggesting that Tesla is scrapping plans for its long-awaited, affordable electric...

Toyota Prius
Cars & Bikes

Hybrid Cars Surge as Electric Vehicle Growth Slows

The automotive industry’s shift toward an all-electric future faced a notable slowdown in 2024, with electric vehicle (EV) sales growth tapering off compared...

Mazda MX-30 R-EV
Cars & Bikes

Europe’s EV Pause Boosts Plug-In Hybrids: Mazda’s Timely Move

Mazda’s timing for launching the plug-in hybrid MX-30 seems strategic, coinciding with Tesla’s recent sales challenges that underscore the unpreparedness of electric cars...

Billionairesworld's billionaires

Chen Yuantai: Steering Innovation at Contemporary Amperex Technology

In the rapidly evolving landscape of battery technology, Chen Yuantai emerges as a pivotal figure at the helm of Contemporary Amperex Technology Co.,...

Rivian
Cars & Bikes

Rivian Struggles Amid Tesla Model Y’s Price Pressure

Rivian, the Irvine, Calif.-based EV manufacturer, had a tough week, announcing that it expects to produce about 57,000 vehicles this year, the same...

Rivian's Turbulent Shift
Cars & Bikes

Rivian Stock Drops 15% on Layoffs Amid EV Market Turbulence

Rivian, the electric vehicle (EV) startup, faced a significant setback as its stock price plummeted by 15% following the announcement of layoffs. The...