What sorts of offsets do you focus on? People have different opinions as to what is good enough, and they’re not all equal. We primarily focus on the creation of renewable energy, since that’s what gives the best positive impact to using electric vehicles. Where we can, it’s technology in the countries in which we … Read more
Canada and China, two flags waving against blue sky. 3d image Aleksandra Aleshchenko | Istock | Getty Images China on Wednesday announced that it has filed an appeal with the World Trade Organization, asking the organization to rule on the recent tariffs that Canada imposed on Chinese electric vehicles and metal products. In August, Canada … Read more
Tata Motors is set to advance the annual maintenance shutdown of its passenger vehicle plants due to mounting stockpiles-equivalent to up to two months of sales-amid slowing sales across its petrol, CNG and electric cars, multiple people aware of the company’s plans said. This is to align production with demand and correct the stock before … Read more
New Delhi: Tata Motors Ltd on Tuesday reported 15 per cent decline in total domestic sales at 69,694 units in September as compared to 82,023 units in the year-ago month. Total passenger vehicle (PV) sales in the domestic market, including electric vehicles, stood at 41,063 units last month as against 44,809 units in September 2023, … Read more
A select number of all-electric Tesla Cybertrucks now have the ability to drive on US highways hands-free, after the automaker pushed an update to vehicles this morning. Tesla AI head Ashok Elluswamy wrote on X that Cybertrucks will be the first Tesla vehicles to receive the “end-to-end on highway” driving feature, which the company says … Read more
The Mustang Mach-E on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT — Ford Motor is aiming to boost sales of its electric vehicles by addressing potential customer concerns through a new program that includes free home-charging installation and other benefits. The “Ford Power Promise” program … Read more
The electric vehicles (EVs) in India are set to consume a significant share of the country’s electricity by 2035, highlighted a report by IKIGAI Asset Manager Holdings, an investment management firm. According to the report, EVs are expected to account for 6 to 8.7 per cent of India’s total electricity consumption by 2035, reflecting the … Read more
Stellantis, an automotive colossus that owns more than a dozen brands including Chrysler, Fiat, Jeep, Peugeot and Ram, is facing challenges at seemingly every turn. The company’s sales and profit have been plummeting. Dealers stuck with parking lots filled with unsold cars are publicly criticizing Stellantis and its CEO in unusually harsh terms. Stellantis’ stock … Read more
The journey of shifting to electric mobility is not going to be easy for automakers as it is tough to generate profitable margins and get scale in the electric vehicles (EVs) segment, says a research report by Bernstein. The report noted that generating sufficient margins and scaling up in the EV space is difficult, even … Read more
Photo: THOR Industries Inc. Range anxiety is one primary roadblock that prevents people from transitioning to an electric vehicle for their daily driver that often covers under 50 miles a day, so the concept of an electric recreational vehicle sounds like a sales disaster. To assuage those fears, Airstream’s parent company Thor Industries has partnered with commercial EV … Read more
