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Electric vehicle manufacturing

Ola Electric shares rise 20% in India IPO, valuing firm at $4.8 billion

by Ev Richard
Ola Electric shares rise 20% in India IPO, valuing firm at .8 billion

Bhavish Aggarwal, Chief Executive Officer (CEO) of Ola Cabs and founder of Ola Electric speaks during a press conference ahead of the Initial Public Offer (IPO).  Ashish Vaishnav | Sopa …

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Categories Technology

U.S. futures fall as Alphabet, Tesla earnings disappoint

by Adrian Jhonsan
U.S. futures fall as Alphabet, Tesla earnings disappoint

Traders work on the floor of the New York Stock Exchange (NYSE) on July 22, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s …

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Categories World

Foreign carmakers in China face ‘increasingly precarious’ situation

by Adesola Mojo
Foreign carmakers in China face ‘increasingly precarious’ situation

Newly produced electric vehicles are being seen at Tesla’s Shanghai Gigafactory in Shanghai, China, on December 31, 2023. Costfoto | Nurphoto | Getty Images BEIJING — New tariffs on Chinese …

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Categories Automobile

Why Chinese EV tariffs may not work

by Adesola Mojo
Why Chinese EV tariffs may not work

The Chinese auto sector is increasingly making global automakers and politicians hot under the collar. In the early 1980s, the Chinese auto industry barely existed. Today the country has the …

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Categories Automobile

EU announces higher tariffs on Chinese EVs as trade tensions sharpen

by Adrian Jhonsan
EU announces higher tariffs on Chinese EVs as trade tensions sharpen

Employees work on the assembly line of new energy vehicles at a factory of Chinese EV startup Leapmotor on April 1, 2024 in Jinhua, Zhejiang Province of China. Shi Kuanbing …

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Categories World

With EVs, the ‘Detroit of Asia’ wants to be China hedge for automakers

by Milton Acorn
With EVs, the ‘Detroit of Asia’ wants to be China hedge for automakers

Visitors inspect a Tesla Model Y car during the 40th Thailand International Motor Expo at the Impact Challenger hall in Nonthaburi.  Sopa Images | Lightrocket | Getty Images Tesla has …

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Categories Science

Why so many electric vehicle startups fail

by Adrian Jhonsan
Why so many electric vehicle startups fail

As the electric vehicle industry faces a string of high-profile failures, several startups that have surfaced in recent years have underestimated their capital needs by billions of dollars, industry insiders …

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Categories World

How BYD grew from a battery maker to EV juggernaut, overtaking Tesla

by Ev Richard
How BYD grew from a battery maker to EV juggernaut, overtaking Tesla

In the U.S., Tesla may be at the forefront of the electric vehicle revolution, but abroad, the carmaker has some serious competition. In China, the world’s largest EV market, Tesla …

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Categories Technology

India approves e-vehicle policy with tax relief to rev up manufacturing hub dream; boosts Tesla entry plans

by Adesola Mojo
India approves e-vehicle policy with tax relief to rev up manufacturing hub dream; boosts Tesla entry plans

The Indian government has given the green light to a new electric vehicle scheme with tax relief aimed at positioning India as a prime manufacturing hub. This comes at a …

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Categories Automobile

Why California faces high gas prices

by Milton Acorn
Why California faces high gas prices

California is home to some of the highest gas prices in the United States, according to AAA. The national average for a gallon of regular unleaded was $3.40 as of …

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Categories Science
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