electric vehicles

BYD Seeks Foothold In German Electric Car Market

BYD's $3.7 Billion Government Funding Boost Positions it to Dominate the EV Market

Chinese EV giant BYD secures $3.7B government funding, solidifying global dominance. Concerns rise over unfair competition, prompting EU investigation.

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CHINA-ECONOMY-TRADE

China Becomes Global Leader in EV Exports, Prompting Need for More Shipping Vessels

Chinese automakers are expanding global EV exports but face ship shortages, reflecting China's rise as a top auto exporter.

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Electric Vehicles

Biden Admin Unveils Final Tailpipe Pollution Rules, Slowing EV Transition Until 2030

Biden admin adjusts EV targets to 35%, balancing industry concerns. EPA's new rules ease the transition, aiming for 50% emissions cut by 2032 amidst environmental and economic considerations

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Why Electric Your Fleet?

Electric Van Leasing Company EVCO Declared Insolvent Due to $50 Million Debt, Investigations Ongoing

The insolvency status makes the Electric van leasing company, or EVCo, unable to pay its over $50 million debts, which were worsened by the arrest of its former executives in late 2023.

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Nissan Mulls EV Partnership With Honda to Form Powerful Japanese Alliance to Take on Overseas Rivals

Nissan Mulls EV Partnership With Honda to Form Powerful Japanese Alliance to Take on Overseas Rivals

Nissan Motor is reportedly considering approaching Honda Motor for a partnership on key components for electric vehicles (EVs).

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Fisker’s Stock Plunges Over 40% After EV Maker Reportedly Explores Bankruptcy

Fisker’s Stock Plunges Over 40% After EV Maker Reportedly Explores Bankruptcy

Fisker's stock fell over 40% in after-hours trading on Wednesday, raising investor concerns about the EV company's future.

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Transportation Secretary Buttigieg Highlights New Electric Vehicle Charging Station On Earth Day

Auto Industry Reassesses Strategies Amid Declining EV Hype

Interest in electric vehicles is falling due to several factors, including a lack of charging infrastructure, increasing costs of raw materials, and financing rates.

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Elon Musk's Tesla Eyes Southeast Asia Expansion as China's BYD Pulls Ahead

Elon Musk's Tesla Eyes Southeast Asia Expansion as China's BYD Pulls Ahead

Tesla is eyeing to expand in Southeast Asia to tap into the region's fast-growing electric vehicle (EV) market, where the US automaker faces competition from China's BYD.

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Donald Trump Confirms Meeting With Elon Musk, But They Don't See Eye-to-Eye on Electric Vehicles

Donald Trump Confirms Meeting With Elon Musk, But They Don't See Eye-to-Eye on Electric Vehicles

Former President Donald Trump confirmed that he had recently met with Elon Musk, but they disagreed about electric vehicles (EVs).

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China's Xiaomi, Tesla's New Rival, to Begin Deliveries of Its First EV Model This Month

China's Xiaomi, Tesla's New Rival, to Begin Deliveries of Its First EV Model This Month

Xiaomi said it will begin delivering its first electric vehicle (EV) model, the SU7, to customers this month.

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Volkswagen ID.3 Electric Car Production In Dresden

Volkswagen Shifts Strategy: Main Factory Will No Longer Produce ID.3 Electric Models

Volkswagen in Germany is shifting its production of the electric ID 3 to Zwickau plant due to low demand, focusing on optimizing resources and simplifying resources.

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Hawaii Becomes the 4th State to Have Federally Funded EV Charging Station — And It's on Maui

Hawaii has become the fourth state to have a federally funded electric vehicle (EV) charging station.

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Project Titan: Apple Abandons Its Autonomous Electric Car Project, Lays Off Some Workers

Apple is reportedly abandoning its "Project Titan" work on developing an autonomous electric car.

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Ford Halts Shipments of 2024 F-150 Lightning EVs as Hundreds of Trucks Pile Up

Ford has ceased shipments of its 2024 F-150 Lightning electric pickup.

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VinFast Opens Its EV Manufacturing Plant In India To Create 3,500 Jobs

Vietnamese electric vehicle manufacturer VinFast expands its global footprint by inaugurating its first integrated manufacturing facility in Tamil Nadu, India, with an investment of $500 million, aiming to create 3,500 jobs.

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