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Tesla profit drops as EV maker sticks to more price cuts

April 20, 2023

Tesla reported a drop in first-quarter earnings, down by 24 percent from the year-ago period. Tesla has undertaken a series of price cuts in 2023, most recently over the last 24 hours on some models in...

World's biggest EV battery maker unveils its strongest unit, promises 1,000-km range

April 19, 2023

CATL has announced it has developed a 500 kWh battery that can also power an electric aircraft. The battery is almost twice as powerful of its strongest EV battery with energy density of 255 kWh.

iPhone maker plans big shift from China to India, may also help its EV business

March 3, 2023

The planned Foxconn facility near Bengaluru could open up around one lakh jobs and will serve as base for not just production of iPhone parts but, possibly, for EV components too.

EV maker Lucid expects to make at least 10,000 electric cars this year

February 23, 2023

Lucid Motor’s fourth-quarter revenue missed analysts’ estimates, as the company delivered fewer vehicles than it produced.

EV maker Nio to build 1,000 battery-swap stations in China in 2023

February 21, 2023

Nio will build 400 battery-swapping stations along highways and 600 in urban areas.

Car parts maker Forvia sees stable sales in 2023

February 20, 2023

Forvia, the European car parts maker born from Faurecia’s takeover of Hella , on Monday forecast 2023 sales in the range of 25.2 billion to 26.2 billion euros ($26.9 billion to $28.0 billion), after its annual...

Vietnamese EV maker VinFast gets permit for US factory construction

February 19, 2023

With the Air Permit, VinFast is now allowed to start the first phase of the construction of the factory.

Our Latest News

From spy shots to new releases to auto show coverage

Tesla profit drops as EV maker sticks to more price cuts

World's biggest EV battery maker unveils its strongest unit, promises 1,000-km range

iPhone maker plans big shift from China to India, may also help its EV business

EV maker Lucid expects to make at least 10,000 electric cars this year

EV maker Nio to build 1,000 battery-swap stations in China in 2023

Car parts maker Forvia sees stable sales in 2023

Vietnamese EV maker VinFast gets permit for US factory construction

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Our Latest News

From spy shots to new releases to auto show coverage

Tesla profit drops as EV maker sticks to more price cuts

World's biggest EV battery maker unveils its strongest unit, promises 1,000-km range

iPhone maker plans big shift from China to India, may also help its EV business

EV maker Lucid expects to make at least 10,000 electric cars this year

EV maker Nio to build 1,000 battery-swap stations in China in 2023

Car parts maker Forvia sees stable sales in 2023

Vietnamese EV maker VinFast gets permit for US factory construction

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