Ampeco, an electric vehicle (EV) charging software solution provider, has recently raised $26 million in a Series B funding round led by Revaia, an investment company.
Hyundai is recalling more than 145,000 Ioniq and Genesis electric vehicles (EVs) due to a fault in the 12-volt battery charging system that could result in a loss of drive power, increasing the risk of accidents.
The extra taxes of up to 35 percent were announced Tuesday after an EU probe found Chinese state subsidies were undercutting European automakers
Waymo, the autonomous driving technology company owned by Google parent Alphabet, is teaming up with South Korean automaker Hyundai to bring electric vehicles to its growing robotaxi fleet in the US.
ATTO 3 is the latest new energy vehicle which delivers a sporty and aerodynamic design and brings comfort and luxury to the users.
Kathmandu is ground zero of an incipient transport revolution set to see the clapped out cars that clog its traffic-snarled streets make way for emissions-free alternatives.
The US Commerce Department is expected on Monday to propose prohibiting Chinese software and hardware in connected and autonomous vehicles on American roads due to national security concerns, two sources told Reuters
Overcapacity of Chinese electric vehicles is among the top concerns facing European firms in the country, the president of a business lobby warned Wednesday, decrying "enormous waste" in some key sectors.
Leasing companies play a pivotal role in Europe as 60% of new cars of all fuel types are leased, according to calculations by environmental group Transport & Environment based on data from market research firm Dataforce.
Elon Musk's recent visit to China has stirred significant interest and speculation, drawing attention to the purpose and implications of his journey. Musk's visit, the details of which were mostly kept secret, was primarily aimed at the rollout of Tesla's Full Self-Driving (FSD) software in China, as well as receiving necessary permissions for data transfer regulations.
Thousands of car lovers and company representatives descended on Beijing this week for the Auto China show -- a chance for industry giants to show off new designs and cutting edge technologies aimed at getting ahead in the fiercely competitive sector
The Chinese market alone is crucial: it’s the world’s biggest with sales of 22 million vehicles last year, according to the China Passenger Car Association
Hopes of keeping the crown have rested on a long-promised $25,000 model. If the project gets scrapped, as Reuters reported on Friday, boss Elon Musk has one remaining advantage: using Tesla’s data trove to develop self-driving technology
Tesla has reportedly scrapped its plan to develop a lower-cost electric vehicle (EV) estimated to be priced around USD 25,000, according to a report by Reuters. Marking a significant shift in the company's strategy, this decision comes despite the perceived importance of such a low-cost vehicle for Tesla's broader growth trajectory.
Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by Reuters
BYD recorded a net profit of 30 billion yuan ($4.16 billion) last year, up 80.7 percent year-on-year from 16.6 billion yuan in 2022
Analysts said the move was aimed at catching up with Chinese competitors who have stolen a march in EVs while Japanese firms have lost ground by focusing more on hybrid vehicles
The global sales of fully electric and plug-in hybrid vehicles (PHEVs) increased 31% in 2023, according to market research firm Rho Motion. The growth was reported to be 60% back in 2022.
Central to the recent rise of EVs is an ongoing competition between two battery technologies: solid-state batteries, which promise enhanced performance and safety, and traditional lithium-ion batteries, which have served as the workhorse of the EV industry.
