VinFast to invest $500 mn set up EV factory in India

[ad_1] Vietnamese electric vehicle manufacturer VinFast has committed to invest $500 million to establish an integrated electric vehicle facility in Tamil Nadu as the carmaker eyes expansion into the world’s…

Can Chinese automaker BYD match Tesla’s global presence?

[ad_1] The Chinese carmaker outsold Tesla in the last quarter of 2023 and has ambitions to be the biggest electric car manufacturer in Europe by 2030. ADVERTISEMENT Chinese automaker BYD…

Tech giants see €350 bn early year downturn, reversing 2023 rally

[ad_1] Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia and Tesla see net €350 bn early year downturn, reversing 2023 rally, according to Bloomberg Magnificent 7 Total Return Index ADVERTISEMENT The year…

Tesla could lose its prime spot in the EV market to a Chinese company

[ad_1] Elon Musk may not be sitting too long on top of the world’s biggest electric car empire. ADVERTISEMENT Chinese automaker BYD calls itself ‘the biggest car brand you’ve never…

Tariff charges on EU-UK electric vehicle sales pushed back

[ad_1] Euronews Business takes a closer look at the European Commission’s new proposals on EU-UK electric vehicle exports – and manufacturing investment plans. ADVERTISEMENT On Wednesday, the European Commission proposed…

US city gets first electrified road to charge EVs while driving

[ad_1] Vehicles have been testing out the first electrified road in the United States that is capable of charging EVs as they drive along it. ADVERTISEMENT Crews have installed what’s…

Opinion | Will GM Shareholders Survive the EV Meltdown?

[ad_1] Opinion | Will GM Shareholders Survive the EV Meltdown?  The Wall Street Journal [ad_2] Source link

Home turf headwinds for VinFast’s global ambitions

[ad_1] VinFast, a Vietnamese automaker, is grappling with doubts over the reliability of its EVs among local consumers. Despite global expansion efforts, scepticism due to product issues, negative press, and…

US start-up set to begin test flights of their ‘flying car’ prototype

[ad_1] Alef Aeronautics say their Model A flying car will have a driving range of around 320km and a flight range of over 160km. But it hasn’t quite gotten off…

BMW to invest £600 million in UK electric Mini plant

[ad_1] The investment will secure 4,000 “highly-skilled jobs” and strengthen production lines, according to the Department of Business and Trade. German car manufacturer BMW is to invest millions of pounds…