Electric vehicle
- Business
Canoo’s shares sink after EV maker agrees to sell $52 million in discounted stock
Canoo said it will sell new shares to institutional investors at a substantial discount. The startup is low on cash…
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City Transformer takes aim at Europe’s urban markets
Israeli electric vehicle (EV) startup City Transformer aims to launch production of its small urban CT-2 model in Western Europe…
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Hyundai Motor Group exceeds 1 million in cumulative global EV sales
Hyundai Motor Group’s global electric vehicle (EV) sales have exceeded 1 million, 11 years since the launch of its first…
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Tesla cuts price of world’s fastest production sedan by more than $A30,000
Last week, Tesla surprisingly dropped prices on their best-selling Model 3 and Model Y models in the US. It has…
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10 auto industry predictions for investors to keep an eye on this year
Wall Street and industry analysts remain on high alert for signs of a “demand destruction” scenario for the U.S. automotive…
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EBRD provides Turkish energy firm with largest-ever financing for electric vehicle charging, distributed generation
Signing of new financing is groundbreaking for EBRD operations as it is for a relatively new but what is going…
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LG Energy Solution in talks with Ford for Turkiye battery plant
LG Energy Solution, Korea’s leading electric vehicle (EV) battery maker, said Tuesday it is “in talks” with Ford Motor to…
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GM reclaims title as America’s top automaker after a 2.5% jump in sales last year
General Motors reclaimed its U.S. sales crown from Toyota Motor. GM said it sold 2.27 million vehicles in the U.S.…
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Turkiye, Saudi Arabia and Egypt Gear Up For EV Manufacturing
Nations typically associated with oil production or dependence are now gearing up for an EV future Turkiye, Saudi Arabia, and…
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Toyota’s November global vehicle production rises 1.5% to record 833,104
Toyota Motor Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 833,104.…
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