For March, total new-vehicle sales, including retail and non-retail transactions, are expected to jump 12.1% from a year ago.
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Tag: Electric vehicles
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INDUSTRY NEWSLatest News
Softer climate regulation to have negligible impact on larger goal: Joe Biden
Half of US’ greenhouse gas emissions are emitted by the transport and power sectors together.
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The EPA said that the new rules will help cut fleetwide tailpipe emissions by 50% over 2026 levels.
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INDUSTRY NEWSLatest News
Fisker faces production pause and funding drive amid cash crunch
by Biplab Dasby Biplab DasIn order to offset its financial issues, Fisker plans to put up senior secured convertible notes with 10% original issue discount intending to collect up …
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Xiaomi first flagged its interest to enter the EV market in 2021 as it had been seeking to diversify beyond its core business.
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BYD Seal has been made available in three variants at a starting price of INR 41 lakh, going up to INR 53 lakh (ex-showroom).
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One entity will include commercial vehicles business while the other will manage passenger vehicles, electric vehicles and JLR businesses.
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INDUSTRY NEWSLatest News
Volkswagen’s battery unit defers IPO until factories running, unified cell in use
The decision to defer POwerCO’s IPO comes at a time when the capital-market enthusiasm for EVs has cooled as sales growth has slowed.
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The new BYD Atto 3 is priced at 119,800 yuan (USD 16,644), 11.8% lower than the final sales price of the version it has replaced.
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EV maker Fisker expects to make between 20,000 and 22,000 Ocean vehicles this year, way below estimates of 35,600 units.