Tag: automotive industry

Tesla Revisits Plans for a More Affordable Electric Vehicle Produced in China

Tesla is reportedly reconsidering the development of a new budget-friendly electric vehicle, with production aimed at its Chinese factory.

Read More

Sodium-Ion Batteries Set to Gain Traction in Automotive Sector Next Year

Sodium-ion batteries are expected to reach cost parity with lithium-ion cells soon, boosting their use in electric vehicles.

Read More

Tesla Reclaims Top Spot in Global EV Deliveries, Surpassing BYD in Early 2026

Tesla has overtaken BYD in electric vehicle deliveries for the first time since late 2024, regaining its position as the world’s leading EV supplier.

Read More

Tesla Reports 14% Decline in EV Deliveries for Q1 2026, Missing Analyst Expectations

Tesla’s first-quarter 2026 electric vehicle deliveries fell 14% from last quarter, totaling 358,000 units and falling short of analyst forecasts.

Read More

Russian Electric Vehicle Market Shows Early Growth, Could Reach 100,000 Annual Sales by 2030

Russia’s electric vehicle sales are rising steadily, with projections indicating up to 100,000 annual units sold by 2030.

Read More

BYD Reports First Annual Profit Decline in Four Years Amid Intense Price Competition in China

BYD’s annual profit fell for the first time in four years, highlighting the fierce price competition within China’s electric vehicle market.

Read More

Ferrari CEO Cites Cost and Appeal to Younger Buyers Behind Growing Use of Touchscreens in Cars

Ferrari’s CEO reveals touchscreens are half the cost of traditional buttons and attract younger consumers, influencing automotive design choices.

Read More

BMW Unveils the i3: First Fully Electric 3 Series Sedan Built on Neue Klasse Platform

BMW introduces the i3, its first fully electric 3 Series sedan featuring a new platform and revamped control systems. Production starts August 2026.

Read More

Ford Introduces Paid Frunk Option on Mustang Mach-E for $495

Ford now offers the Mustang Mach-E’s front trunk as a $495 paid option amid efforts to manage EV costs through add-ons.

Read More

Lamborghini Shelves Plans for Fully Electric Supercar Citing Low Demand

Lamborghini halts development of a fully electric supercar, citing limited market interest despite initial 2029 launch plans.

Read More

Study Finds Plug-in Hybrids Consume Significantly More Fuel Than Advertised

New research reveals plug-in hybrid vehicles use much more fuel than manufacturers claim, challenging their efficiency and environmental benefits.

Read More

Ford Cautions Automotive Industry of Rising Vehicle Prices Amid AI-Driven Memory Chip Shortage

Ford warns of higher car prices as memory chip shortages, driven by AI demand, disrupt automotive production capacities.

Read More