Zeekr Intelligent Technology Holding Limited's shares surged over 10% after Geely Automobile Holdings Ltd. proposed to take it private with an offer of $2.57 per share and $25.66 p...
Rivian announces a groundbreaking $1.2 billion revenue in Q1, marking a significant milestone in the electric vehicle sector and demonstrating robust market demand.
Chinese tech giant Xiaomi is establishing an EV research and development center in Munich, Germany, as part of its strategy to enter the global electric vehicle market by 2027. Thi...
Xiaomi is expanding its electric vehicle ambitions by establishing a research and development center in Munich, Germany, aiming to globalize its EV sales by 2027. This strategic mo...
Xiaomi is establishing an EV research center in Munich, Germany, as part of its strategy to expand globally in the electric vehicle market by 2027, confirmed by a company spokesper...
Tesla reports a 9% decrease in Q1 revenue, totaling $19.34 billion, sparking discussions on its growth and market position.
Chinese electric carmaker BYD is set to launch a mini EV exclusively for the Japanese market by 2026, with a price tag of around 2.5 million yen ($17,700), aiming to make electric ...
Tesla's stock experienced a nearly 5% surge after reports emerged that Elon Musk would step down from his advisory role in the Trump administration, signaling a renewed focus on th...
Elon Musk reassures investors about Tesla's stock performance in the long run, highlighting his confidence in the company's future amidst market volatility. Anticipation builds for...
Tata Group companies have quietly become global suppliers to Tesla, marking a significant step in the EV industry. This collaboration positions Tata for expanded opportunities and ...
Volkswagen introduces the ID. EVERY1, an affordable electric vehicle set to launch in 2027, alongside the ID. 2all in 2026, as part of its Electric Urban Car Family. Aiming to lead...
BYD Auto Co., Ltd. has executed the largest share sale in Hong Kong in four years, raising approximately $5.6 billion. The funds are intended for overseas expansion, as the company...
Polestar, the Swedish electric vehicle maker, secures a $450M loan and renews a €480M financing facility, ensuring continued support for its working capital and projects. The compa...
Electric vehicle startup Simple Energy is raising Series A funding to expand its distribution network and product pipeline. With a current production capacity of 300,000 vehicles a...
Tesla Inc. has launched a new Model Y version in the US, with deliveries starting in March. The announcement has sparked excitement among electric vehicle enthusiasts, though speci...
Malaysia's electric vehicle market is poised for growth by 2025, with EV adoption expected to reach 3% of the total industry volume. The government's focus on affordable EV product...
Hero MotoCorp announced a 7.5% increase in sales for 2024, reaching 59,11,065 units. The company also saw a 49% growth in global sales and made significant progress in the electric...
JSW Group is in talks with China's Geely for a joint venture in the electric vehicle sector, aiming to capitalize on India's growing EV market. This move is part of JSW's broader s...
Foxconn is reportedly considering acquiring Nissan to expand its electric-vehicle business, leveraging Nissan's expertise in car manufacturing and design. This move follows rumors ...
Honda and Nissan are reportedly considering a closer alliance, potentially involving a holding company, as they navigate intense competition from Tesla and Chinese automakers. This...
Honda and Nissan are reportedly planning to initiate merger talks to adapt to the changing automotive industry and compete against EV manufacturers like Tesla and BYD.
Honda Motor and Nissan Motor are entering merger talks to operate under a single holding company, aiming to better compete against global electric vehicle makers. They also conside...
Vietnam plans to invest $14 billion by 2050 to develop electric vehicle charging stations, aiming to reduce greenhouse gas emissions and boost the economy. The initiative, supporte...
Proton launches its first electric vehicle, the e.MAS 7, in Malaysia, aiming to boost EV and hybrid adoption. The e.MAS 7 is priced competitively and supported by government goals ...
Stellantis NV and CATL announce a €4.1 billion joint venture to build a lithium iron phosphate battery plant in Zaragoza, Spain, aiming for a 50 GWh annual production capacity by 2...
Stellantis NV and CATL announce a joint venture to build a lithium iron phosphate battery plant in Zaragoza, Spain, with an investment of up to €4.1 billion. The facility aims for ...
Stellantis NV and CATL announce a €4.1 billion joint venture to build an LFP battery plant in Spain, aiming for a 50 GWh annual production capacity by 2026, signaling a significant...
IndiGo has filed a trademark infringement suit against Mahindra Electric Automobile Ltd over the naming of its upcoming EV as 'BE 6e', arguing that '6E' is its flight code and a re...
Hyundai Motor Group has partnered with IIT Madras, IIT Delhi, and IIT Bombay to establish a Hyundai Centre of Excellence focused on batteries and electrification technologies. The ...
