Electric vehicles

Volvo falls 5% just after it sets out to dilute stake in electrical vehicle automaker Polestar
World

Volvo falls 5% just after it sets out to dilute stake in electrical vehicle automaker Polestar

A Polestar Roadster thought electric car throughout the Singapore Motorshow in Singapore, on Thursday, Jan. 11, 2024. The demonstrate operates via Jan. 14. Photographer: Lionel Ng/Bloomberg by means of Getty Images Lionel Ng | Bloomberg | Getty Visuals Shares of Volvo Vehicles dipped on Friday, immediately after the firm claimed it would dilute its stake […]

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VinFast decline widens in fourth quarter, self-assured of accomplishing 2024 income ambitions
World

VinFast decline widens in fourth quarter, self-assured of accomplishing 2024 income ambitions

Vietnamese electrical vehicle, or EV, maker VinFast on Thursday said its fourth-quarter internet reduction deepened 3.4% from the past a few months but it aims to nearly triple automobile product sales this yr as it expands into new markets. Nhac Nguyen | Afp | Getty Illustrations or photos Vietnamese electrical car or truck, or EV, […]

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Tesla faces hurdle in Germany as locals vote to oppose manufacturing facility growth
Technology

Tesla faces hurdle in Germany as locals vote to oppose manufacturing facility growth

Personnel of the Tesla Gigafactory Berlin-Brandenburg do the job on a manufacturing line of a Model Y electric motor vehicle on March 20, 2023. Patrick Pleuil | Image Alliance | Getty Images Electric powered vehicle maker Tesla unsuccessful to protected a vote amongst locals in favor of authorizing a major manufacturing facility enlargement for the […]

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EV boat maker Arc debuts a high quality wake activity model for 8,000
Technology

EV boat maker Arc debuts a high quality wake activity model for $258,000

Arc Boat Company’s fully electric Arc Activity product gets four to 6 several hours of usual use on a single charge. Arc Boat Organization Arc Boat Company started product sales of its 2nd electric boat product in just 3 yrs this 7 days. The new $258,000 Arc Activity was developed for wake sports activities enthusiasts […]

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Xpeng ideas to retain the services of 4,000 people, commit in AI as CEO warns rigorous EV rivalry may end in &#x27massacre&#x27
Technology

Xpeng ideas to retain the services of 4,000 people, commit in AI as CEO warns rigorous EV rivalry may end in &#x27massacre&#x27

The Xpeng G9 SUV is on screen throughout the 20th Shanghai Global Car Market Exhibition at the Nationwide Exhibition and Convention Heart in Shanghai, April 18, 2023. VCG | Visual China Team | Getty Photographs Xpeng designs to hire 4,000 new people today and spend in artificial intelligence technological innovation, in accordance to the firm’s […]

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What the U.S. can understand from Norway when it will come to EV adoption
Technology

What the U.S. can understand from Norway when it will come to EV adoption

Norway offers the highest electrical auto adoption charge in the entire world. Some 82% of new car revenue had been EVs in Norway in 2023, in accordance to the Norwegian Street Federation (OFV). In comparison, 7.6% of new car or truck sales were electric in the U.S. past yr, in accordance to Kelley Blue Book […]

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Chrysler reveals new Halcyon concept car as direction for future EVs
Business

Chrysler reveals new Halcyon concept car as direction for future EVs

The Chrysler Halcyon concept car. Stellantis DETROIT — Chrysler revealed the direction of its future products on Tuesday with a new concept car called “Halcyon,” as the once prominent auto company attempts to drum up attention amid a dearth of new products. The concept car is a sleek, future-looking sports car that’s designed to incorporate […]

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Toyota investing .3 billion in Kentucky to construct all-electric, three-row SUV
World

Toyota investing $1.3 billion in Kentucky to construct all-electric, three-row SUV

Akio Toyoda, Chairman of Toyota Motor Corp. Yoshikazu Tsuno | Gamma-rapho | Getty Photographs Toyota Motor is investing $1.3 billion in a Kentucky plant to make a new all-electric, three-row SUV for the U.S. current market, the company reported Tuesday. The car or truck is envisioned to go into manufacturing in between late 2025 and early […]

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U.S. Treasury team heads to China to chat subsidies, economic guidelines
World

U.S. Treasury team heads to China to chat subsidies, economic guidelines

The Biden administration has sent 5 senior U.S. Treasury officials to Beijing this week for financial talks that will involve China’s “non-marketplace” policies that are introducing surplus industrial ability, a Treasury official mentioned on Monday. Wong Yu Liang | Second | Getty Images The Biden administration has sent five senior U.S. Treasury officials to Beijing this 7 days […]

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Ford's hybrid vehicle sales surge to offset EV decline in January
Business

Ford's hybrid vehicle sales surge to offset EV decline in January

The 2022 Ford Maverick. Ford DETROIT — Ford Motor started the year with a slight increase in sales, as a large jump in hybrid vehicles offset an 11% decline in all-electric cars and trucks. The Detroit automaker on Friday reported sales rose 4.3% last month from January 2023, led by a 43% jump in hybrid […]

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