Ferrari Shareholder Agreement Extension as Exor & Family
Exor and Ferrari family have agreed to an extension of the Ferrari shareholder agreement extension, ensuring stability as the company advances its
Tesla losing EV sales to Chinese rival BYD: Key reasons
Tesla losing EV sales reflects intense competition from Chinese automakers like BYD, which have gained market share through strategic advantages and diverse,
Chinese EV Market Share Hits Record 12.8% in Europe in
Chinese EV market share in Europe reached a record 12.8% in November, reflecting significant growth driven by technological advancements, price
Rivian government loan: $6.6B for Georgia plant ahead of
Rivian government loan is part of Rivian's plan to expand its electric vehicle production, supporting its Georgia manufacturing facility and future growth
Tesla Model Y affordability: New Model Y unveiled amidst
Tesla Model Y affordability is set to improve with the upcoming release of a more budget-friendly version, aimed at attracting a broader customer base amid
Tesla’s German Factory to Increase Production Due to Strong Sales
Tesla’s new manufacturing plant in Germany is set to increase its production capacity, according to plant manager André Thierig. The factory will produce more electric vehicles than initially planned, driven…
Hong Kong Negotiates with Chinese EV Makers to Launch Local Manufacturing as Part of Economic Diversification
Hong Kong is in discussions with multiple Chinese electric vehicle (EV) manufacturers to establish local production facilities, according to industry sources. The move signals an effort by the city to…
VW Wolfsburg Factory Rebuild Delayed by Budget Constraints, Pushing Electric Golf Launch by Nine Months
Volkswagen has announced a delay in its plans to retool the Wolfsburg factory for the production of next-generation electric vehicles. The automaker cited budget constraints as the primary reason for…
Volvo CEO Warns Chinese Automakers Pose Threat to European and American Brands in Electric Vehicle Market
Volvo Cars’ CEO has issued a warning about the increasing competition from Chinese automakers as the global automotive industry shifts toward electric vehicles. He noted that several emerging Chinese brands…
US Electric Vehicle Adoption to Slow Further as $7,500 Tax Credit Expires
The upcoming expiration of the $7,500 federal tax credit for electric vehicle (EV) buyers is expected to further hinder the growth of EV adoption in the United States. The credit,…