Tags: EV
Ford Reverses EV Strategy With $19.5 Billion Charge as US Policy Support Fades
Ford takes a $19.5 billion writedown, cancels several EV models, and shifts focus to hybrids and affordable electric trucks.
Toyota Pledges $10 Billion Investment in American Factories, Boosting EV Production
Toyota to invest $10 billion in U.S. factories, boosting EV and hybrid production and creating thousands of jobs.
General Motors Reduces EV Output, Axes 1,200 Detroit Jobs Amid Weak Demand
General Motors cuts 1,200 Detroit EV jobs and pauses battery production amid weak demand and policy changes.
Tesla Launches Budget EV Models, Stock Falls Despite Price Cuts
Tesla launches budget Model 3 and Model Y EVs, but stock falls as investors remain cautious despite price cuts.
Latest News
BYD experiences its first monthly delivery drop amid China's fierce EV price war and rising competition.
Tesla reports a sharp drop in profits and sales as EV demand slows and competition rises.
BYD introduces its "God's Eye" advanced driver-assistance system for EVs under $10,000, boosting affordability and competition in China's auto market.
Singapore is seeing a surge in Chinese electric vehicle brands like Zeekr and Xpeng as EV adoption ramps up by increasing charging ports and incentives.
Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding.
General Motors (GM) has secured a $500 million grant from the US Department of Energy to support the production of EVs at its Lansing Grand River Assembly plant.
Volkswagen is partnering with QuantumScape to develop solid-state batteries for future vehicles, aiming to enhance the energy storage capacity and safety of 1 million electric vehicles per year.
Tesla has increased the price of its Model 3 cars in European countries like Germany, the Netherlands, and Spain.
China-based BYD has committed to constructing a $1 billion assembly plant for electric vehicles (EVs) in Turkey.
European tariffs have reportedly slowed China's electric and plug-in hybrid vehicle export growth by 20-30% in recent months.

















