Demand for luxury electric cars is waning, automaker Lucid lays off part of its workforce
Demand for luxury electric cars has decreased, leading the automaker Lucid to lay off a portion of its employees.
World-leading EV motor expert joins Hong Kong PolyU after 38 years in Britain
Zhu Ziqiang, a prominent expert in EV motors, has joined Hong Kong PolyU following nearly four decades in Britain, where he conducted influential research in the field.
Chevrolet Captiva EV - yet another Chinese electric SUV arriving in Brazil
The Chevrolet Captiva EV is a new electric SUV aimed at the Brazilian market, emphasizing availability through General Motors' extensive dealership network rather than exceptional features.
Price of 6.49 lakh... 468KM range! Watch Tata's cheapest electric SUV
Tata Motors has launched the facelift model of its affordable electric SUV, the Punch EV, featuring a significant battery capacity and two pricing models including a battery subscription plan.
The Ugly Final Bill of Detroit's Auto Giants Electric Car Adventure – Tens of Billions in Losses
Detroit's major auto manufacturers face significant financial losses, exceeding $50 billion, in their electric vehicle ventures due to declining sales and political shifts.
Zeekr arrives in Italy: the new Chinese premium electric car (with Swedish design) opens orders
Zeekr, the premium electric vehicle brand of the Geely Auto Group, has announced its arrival in the Italian market through official distributor Jameel Motors Italia, marking a significant step in its European expansion.
468KM Range... Charged in 15 Minutes! New Punch EV Launched at Just 6.49 Lakh
Tata Motors has launched a new facelift model of its popular Tata Punch EV, featuring an upgraded battery pack and starting at a price of 6.49 lakh under a Battery-as-a-Service model.
Swedish startup shrinks electric boat motor tenfold
Swedish startup Zparq has developed a revolutionary electric boat motor that reduces size while enhancing performance, aiming for emission-free movement in maritime transport.
WSJ: The electric car bubble is bursting – $50 billion losses for Detroit's giants
Detroit's major automakers, including General Motors, Ford, and Stellantis, face over $50 billion in losses as the electric vehicle market declines sharply after the expiration of a key federal tax credit.
US automakers hit with a $50 billion blow from the electric vehicle bubble burst
US automakers are facing significant losses and cutting production capacity for electric vehicles due to regulatory changes and declining demand, with over $50 billion in write-downs reported.
Mitsubishi Faces China and Tesla with Hybrid and Electric Plans in 2026
Mitsubishi Motors plans to enhance its competitive stance in the hybrid and electric vehicle market with new models set to launch in 2026, as part of a strategic shift towards reducing reliance on traditional combustion engines.
The bubble has burst: Detroit faces a $50 billion loss in electric cars
US automakers in Detroit are facing significant losses in the electric vehicle (EV) sector, leading to major reductions in production amid rising costs.
They want to build electric delivery cars in Poland. They did not receive funding from KPO
A Polish company, Adaptive Motors Poland, faces obstacles in funding its electric delivery vehicle project despite a strong foundation in local technology and components.
Why GM bets on an unproven chemical combination for batteries
The head of General Motors' electric vehicle division is betting on an unproven battery chemistry to regain market competitiveness after significant financial losses.
"Much more than an electric car": the Ferrari Luce, four engines and 1,000 horsepower
Ferrari has unveiled the Luce, its first electric car, boasting four motors and an impressive 1,000 horsepower, combining high performance, agility, and a unique sound experience.
Not at All What You Expected: Experts Named the Most Efficient Electric Vehicle in the US Market
Experts have identified the Lucid Air Pure as the most efficient electric vehicle in the U.S. market, outperforming Tesla models.
Bold Design... Smart Features! New PUNCH Electric Launch
Tata Motors has revealed the exterior design of the Punch EV facelift ahead of its launch, featuring modern updates.
Special car found abandoned in parking lot? Only sharing a photo online helped clarify what car model it was
A prototype electric car abandoned in California has sparked conversations among car enthusiasts and spotters online, identified as the nearly production-ready SF Motors SF7.
Stellantis says it overestimated electric vehicles and registers a $26.5 billion accounting write-down
Stellantis announced a $26.5 billion accounting write-down after lowering its ambitions for electric vehicles, citing an overestimation of the transition from combustion engines.
Changan lands in Spain with two electric vehicles from its Deepal brand
Changan Motors, a Chinese company, has entered the Spanish market with plans to sell two electric models under its Deepal brand, alongside additional models in the coming years.
When a robot topples: China’s Xpeng deals with fallout from humanoid’s public plunge
Xpeng Motors faced backlash after its humanoid robot fell during a public demonstration in Shenzhen, drawing comparisons to the challenges of learning to walk.
The Electric BMW M3 is Coming Soon: A Beast with Four Motors and a 'Fake' Manual Transmission
The first fully electric BMW M3, debuting in 2027, is set to be one of the most complex and technologically advanced sports electric cars ever seen, featuring four unknown-power electric motors.
General Motors writes off six billion dollars in electric vehicle business
General Motors announced that it will write off six billion dollars as part of its reduction in electric vehicle and battery production, along with an additional restructuring cost of 1.1 billion dollars in China.
General Motors reports $7bn earnings loss after pulling back from EVs
General Motors anticipates a $7.1 billion one-time earnings loss largely due to its reduced investments in electric vehicles amid changing U.S. policies.
G.M. Books a $7.1 Billion Loss as It Scales Back E.V. Ambitions
General Motors reports a $7.1 billion loss as the company reduces its electric vehicle ambitions.