Meanwhile, Tesla shares were down 3.5% on Thursday, falling about 30% this year, slowing growth in EV demand.
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Italy’s nationalist government has been urging Stellantis to increase its annual vehicle production in the country.
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Volkswagen had ambitious plans to introduce 75 new EVs over the next decade, including 25 models for the North American market.
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FeaturesWorld Beyond News
Study projects major shift towards EV adoption by 2030
by Biplab Dasby Biplab DasThe report highlights increased awareness and consideration of EVs from brands like Toyota, Hyundai, and Kia since 2021.
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INDUSTRY NEWSLatest News
Electricity consumption from light-duty vehicles in US more than rail in 2023
The annual quarterly electricity consumption as an estimate of the energy consumed by EVs exhibited significant increase.
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The increased U.S. tariff on Chinese-manufactured EVs is set to be enforced this year, with a final tariff rate of 102.5 percent, a significant jump …
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French manufacturers are making frantic efforts to rollout e-vehicle versions across their lineups.
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It’s not the most advanced electric scooter in India, neither is it the quickest. In short, it’s not perfect. So, why should you even consider …
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Odysse SNAP e-scooter offers a range of 105 kilometres on a single charge with a charging time of less than four hours.
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Aito M7 SUV with a truck in China led to a fire that resulted in the death of all three passengers, including a two-year-old boy.