Electric Vehicles
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...
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...
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...
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 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 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...
Europe’s EV Industry Struggles Against Chinese Competition
European automakers and green advocates agree: affordable electric vehicles (EVs) are key to transitioning from early adopters to the mass market. However, with...
