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Electric vehicles

Why aren’t more foreign grocers in Canada? Lack of space a hurdle: minister – National

by James Odonell
Why aren’t more foreign grocers in Canada? Lack of space a hurdle: minister – National

Industry Minister François-Philippe Champagne says he is working hard to try to rein in high grocery prices, despite there being no windfall tax for grocers in the 2024 budget after …

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Categories Politics

Indian auto industry poised to reach USD 300 Billion by 2026; Revving up for innovation and expansion

by Adesola Mojo
Indian auto industry poised to reach USD 300 Billion by 2026; Revving up for innovation and expansion

India’s rapidly growing auto market is poised to hit a milestone, with projections indicating it will reach USD 300 billion by 2026. This growth is fueled by various factors, including …

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Categories Automobile

Ford Q1 earnings beat, rosy 2024 outlook, cost discipline welcome news

by Adesola Mojo
Ford Q1 earnings beat, rosy 2024 outlook, cost discipline welcome news

Ford Motor on Wednesday evening delivered higher than expected profits in the first quarter, driven by strength in its commercial business. Positive updates to its full-year outlook helped send shares …

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Categories Automobile

Elon Musk Tesla’s entry into India EV market is ‘good news’: MG Motor India

by Adesola Mojo
Elon Musk Tesla’s entry into India EV market is ‘good news’: MG Motor India

India’s electric vehicle sector still lacks competition, but entry from international automakers like Tesla will level the playing field, MG Motor India’s CEO Emeritus Rajeev Chaba said.  “Competition is limited …

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Categories Automobile

Mercedes’ New Charging Hub Delivers The Comfortable, Convenient Charging Experience We Deserve

by Adesola Mojo
Mercedes’ New Charging Hub Delivers The Comfortable, Convenient Charging Experience We Deserve

America has a charging problem. It’s pretty common to have to drive several miles off your route, only to find that half the chargers don’t work, and the ones that …

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Categories Automobile

Tesla shares fall to 15-month low after price cuts and layoffs

by Adrian Jhonsan
Tesla shares fall to 15-month low after price cuts and layoffs

Tesla shares fell for a seventh straight day, reaching their lowest since January 2023, as further price cuts over the weekend added to mounting concerns heading into the company’s first-quarter …

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Categories World

Evotron Motorsports’ EV-racing festival set for September 2024: What to expect

by Adesola Mojo
Evotron Motorsports’ EV-racing festival set for September 2024: What to expect

In the midst of India’s electric vehicle revolution, Bengaluru-based startup Evotron Motorsports is gearing up for the inaugural edition of the Bengaluru EV Festival. This event will tap on the …

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Categories Automobile

German car makers ‘do not have to fear Chinese competition’: Lindner

by Adrian Jhonsan
German car makers ‘do not have to fear Chinese competition’: Lindner

Christian Lindner (FDP), Federal Minister of Finance, is on his way to a bilateral meeting with US Treasury Secretary Yellen at the headquarters of the World Bank. Bernd von Jutrczenka …

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Categories World

What is an eVTOL? How flying cars are moving closer to reality

by Adesola Mojo
What is an eVTOL? How flying cars are moving closer to reality

Alef Aeronautics wants to start delivering its $300,000 Model A flying car to customers by 2025. Source: Alef Aeronautics What if flying around in an electric vehicle is a key …

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Categories Automobile

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
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