China’s EV makers return to fast lane as government subsidies provide tailwinds
China’s premium electric car makers can expect a smooth road ahead of them in 2024 as both consumer demand and product margins improve, giving the assemblers a respite from a bruising discount war which has already resulted in the demise…
China’s EV makers return to fast lane as government subsidies provide tailwinds
China’s premium electric car makers can expect a smooth road ahead of them in 2024 as both consumer demand and product margins improve, giving the assemblers a respite from a bruising discount war which has already resulted in the demise…
Why One Of The Least Developed Countries In The World Is Going Crazy For Electric Cars – The Autopian
A common concern when it comes to electrification is how electric vehicles will work in countries with less-developed electrical grids. Nepal, nestled against the Himalayas, is considered to be one of the least developed countries in the world. Yet, EV…
Tesla board chair says not paying Elon Musk is unfair—‘Put yourself in his shoes’
Tesla shareholders will vote next week to ratify Musk’s stock option grant for a second time after a judge rescinded the award in January. The Delaware Chancery Court ruled that there was a lack of independence among directors and that…
Former Tesla board member says he wouldn’t vote for Musk’s $56 billion pay package
Tesla’s former audit committee chair and a prominent clean technology venture investor said he wouldn’t back Elon Musk’s $56 billion pay package and he understands why other investors will vote against the CEO’s pay proposal next week. “Look, Elon’s done…
EV maintenance costs remain high, frustrating buyers and automakers as sales continue to lag behind expectations
A new report from auto insurance analytics company Mitchell shows that repairable EV insurance claims have increased by 40% since this time last year, following the trend of growth in the number of electric cars on the road—but average repair…
China EV insurance registrations for week ending Jun 2: Nio 6,700, Tesla 15,200, BYD 53,400, Xiaomi 2,200
This article is being updated, please refresh later for more content. Nio vehicles had a record 6,700 insurance registrations in China last week, up 24.07 percent from 5,400 the week before. For the week of May 27-June 2, Nio (NYSE:…
BYD sells 331,817 NEVs in May, PHEV sales set another record high
BYD‘s PHEVs have continued to hit record highs over the past three months, performing significantly better than BEVs, reflecting the overall market’s greater acceptance of hybrid models. BYD (HKG: 1211, OTCMKTS: BYDDY) continued to post its second-highest sales ever last…
Sales surge as China’s EV price war lures buyers, imperils profits
China’s top electric vehicle (EV) makers increased deliveries by up to 36 per cent month on month in May as promotional campaigns and low prices lured consumers, but analysts warned the earnings outlook is dire as a price war rages…
Sales surge as China’s EV price war lures buyers, imperils profits
China’s top electric vehicle (EV) makers increased deliveries by up to 36 per cent month on month in May as promotional campaigns and low prices lured consumers, but analysts warned the earnings outlook is dire as a price war rages…