Electric vehicles
Ford cuts prices on its electric F-150 Lightning pickups by as much as $10,000
A Ford F-150 Lightning electric truck is on display at the 2022 North American International Auto Show NAIAS in Detroit, the United States, on Sept. 14, 2022. Michael Strong | Xinhua News Agency | Getty Images Ford Motor on Monday cut prices for its electric F-150 Lightning pickup, saying that its efforts to boost production […]
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BYD seeks nod for $1 billion approach to build EVs and batteries in India
Persons search at a BYD Dolphin electric powered subcompact for the duration of the 2023 Shenyang Global Vehicle Show on May perhaps 3, 2023 in Shenyang, Liaoning Province of China. Vcg | Visible China Group | Getty Photographs China’s BYD Co has submitted a $1 billion investment decision proposal to make electric powered vehicles and batteries […]
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Lucid’s second quarter deliveries fell short of estimates amid demand concerns
Visitors walk at the Lucid Air during the Mobile World Congress 2023 (MWC), the telecom industry’s biggest annual gathering on February 28, 2023 in Barcelona, Spain. Chris Jung | Nurphoto | Getty Images Luxury electric vehicle maker Lucid Group said Wednesday that it delivered 1,404 of its Air sedans to customers in the second quarter, […]
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Vietnam’s digitalization initiatives fuel startup scene
Vietnamese staff working inside of the French IT business Linkbynet in Ho Chi Minh Town. A 10 years ago app engineering would probable have been created in California’s Silicon Valley, but today those people apps are becoming churned out by Vietnam’s startup sector, an marketplace pushed by area techies skilled overseas but returning home to […]
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Goldman suggests Chinese EV maker Xpeng can rally just about 30% on the back of new start
Goldman Sachs initiated coverage of Xpeng with a invest in rating, calling for almost 30% upside for the Chinese electric powered-car maker. The Wall Road organization set a 12-month price concentrate on on U.S.-mentioned Xpeng shares at $18.10, a approximately 28% gain from Monday’s shut of $14.15. The inventory is up much more than 5% […]
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Shares making the biggest moves midday: Carvana, Icahn Enterprises, Novavax, Fisker and far more
A Carvana applied-car vending equipment displays autos in Miami, Dec. 9, 2022. Joe Raedle | Getty Visuals Check out out the firms earning headlines in midday trading. Carvana — Shares soared 10% in midday investing. The company explained on Monday it envisioned exponential advancement inside its utilized electric motor vehicle section as customer demand for […]
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China-led electronic auto growth in Thailand threatens Japan’s grip on essential marketplace
A visitor plugs a charger into an electrical motor vehicle on screen at the 44th Bangkok Global Motor Show in Bangkok on March 22, 2023. Jack Taylor | Afp | Getty Images Thailand’s Siam Motors partnered with Nissan Motors in 1962 with a manufacturing facility that rolled out four cars and trucks a day, primary to a […]
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Nikola will soon find out whether its shareholders have approved its plan to sell more stock
Nikola TRE FCEV2 Courtesy: Nikola Electric heavy-truck maker Nikola will find out later Thursday whether its shareholders have approved its plan to raise money by selling more stock. Nikola hopes to raise more capital to help ramp up production of its new fuel-cell-powered electric heavy truck, set to launch later this month. But before it […]
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Ford’s U.S. sales jump 9.9% on big gains for its F-Series trucks
Ford Motor Company’s electric F-150 Lightning on the production line at their Rouge Electric Vehicle Center in Dearborn, Michigan on September 8, 2022. Jeff Kowalsky | AFP | Getty Images DETROIT – Ford Motor‘s second-quarter sales increased 9.9% from a year earlier, spurred by significant sales gains of its F-Series trucks. The Detroit automaker Thursday […]
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Volkswagen will start testing self-driving cars in Austin as it moves on from Argo AI
Volkswagen Group of America (VWGoA) starting its first autonomous vehicle test program in Austin beginning in July 2023. Courtesy: Vokswagen AG Volkswagen said Thursday that it will begin testing self-driving electric vehicles in Austin, Texas, later this month. The German auto giant said it will deploy about 10 of its ID Buzz electric vans equipped […]
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