Triple strike: Electrification is an important part of the unprecedented auto workers strike
Triple strike Members of the United Auto Workers union are on strike , with thousands walking out of three plants in Missouri, Michigan and Ohio this morning, as negotiations between the UAW and the ...
VinFast debut: Checking in on previous SPACs
Valuation velocity Vietnamese EV startup VinFast completed its merger with a SPAC on Monday and its shares soared 68% on its first day of trading — catapulting its valuation to $86 billion, above aut...
BYD vs. Tesla: China's EV giant is charging ahead
BYD time For Chinese manufacturing giant BYD, it seems like the only way is up at the moment — the automaker has just posted its third consecutive month of record-breaking EV sales and climbed 224 po...
Lithium leader: Bolivia's holds the largest reserves of the valuable metal
Worth its salt Bolivia’s position as the world leader in lithium reserves has crystallized above mineral industry touchstones Chile, Argentina, and the US this week, after reporting a 2 million ton i...
Buoyed by Beijing: China's been huge for Tesla through the years
Beijing beckons On Tuesday, Elon Musk's private jet touched down in Beijing, marking his first visit to China in over 3 years. The billionaire met with the nation's foreign, commerce, and industry mi...
Aston Martin: The British automaker is still struggling
Shares in esteemed sportscar manufacturer Aston Martin soared 22% yesterday, after Chinese automotive company Geely announced an investment of £234m (~$290m) in the beleaguered British brand. The deal...
TheftTok: How viral videos contributed to a spike of car thefts
TheftTok Korean automakers Kia and Hyundai have agreed to pay $200m to settle a class action lawsuit that claims some of the vehicles manufactured between 2015 and 2019 are too easy to steal. The leg...
Elektrisk: EVs are the future... in Norway they're the present
Charging ahead In most countries, EVs are the future. In Norway, they are very much the present. Last year, nearly 4 of every 5 new cars sold in the country were fully electric — and the effects of t...
VW dethroned: China has a new favorite car company
Made in China, for China Volkswagen has lost its crown in China, as new data reveals that domestic brand BYD has become China’s best-selling car brand for the first time, capturing 10.4% of the mark...
Electric avenue: Tesla is set to open up its charging network
Electric avenue On Wednesday, The White House announced that Tesla is set to start opening up part of its charging network, making 7,500 charging stations — roughly half of which will be Tesla’s fast...
V8 dreams: Ferrari's brand is unmatched, but will it thrive in the age of electric?
It has to sound like a Ferrari Ferrari will build its first electric supercar by 2025 and, if a new tech patent from the Italian automaker is anything to go by, the new EV model will roar just like t...
Supply vs. demand: Tesla is dropping prices
Supply vs. Demand Tesla has dropped prices by up to 20% in the US in what appears to be a bid to fuel demand, after missing delivery targets last quarter . The lower pricing is a double benefit for w...
Recall: Tesla's vehicles get recalled a lot, but does it matter?
On Saturday, Tesla announced the recall of more than 321,000 vehicles over a software glitch disabling the tail lights of some cars. That came just a day after the company recalled 30,000 Model X SUVs...
Past the Prius peak: Toyota's flagship hybrid has struggled recently
New (old) model Toyota is updating the Prius, its pioneering hybrid model, some 22 years since the car first hit the US market. Now into its fifth generation, the Japanese carmaker’s iconic eco-frien...
Unplugged: Tesla's deliveries have slowed down
Unplugged Last week we discussed how Nike was struggling with its business in China — today it's Tesla's turn. The electric vehicle maker reported that it had delivered just over 250,000 cars globall...
Tesla's EV lead: How far ahead is Tesla relative to global rivals like VW Group?
Two of the biggest electric vehicle (EV) makers in the world had news this week. First, Tesla announced that it was joining the raft of carmakers (and almost every other business) in raising prices, m...
Electric vehicle market share doubled last year
Change: fast, but slow Almost 9% of all new cars sold last year were electric, according to a new report from the International Energy Agency , more than double the 4% that were electric the year befo...
Tesla's turnaround
Few companies evoke as much intense discussion as Tesla. With a CEO that loves to stir the pot on Twitter, and ambitious plans to rule the world of electric vehicles (EVs) Tesla has built an army of a...
Tesla: Stock market traders can't get enough of it
Tesla is truly the stock of the times. Having more than doubled in value in the last year, the company has become a magnet for the full range of investors from retail traders to hedge funds and instit...
Rivian: Revenues are over-rated for the latest hot IPO
Rivian, a maker of "electric adventure vehicles" (glossy promo video here ), is officially a public company — one with an eye-watering valuation of ~$105bn after its share price rose almost 30% on its...