To further consolidate its supremacy in China’s electric vehicle (EV) market, Tesla made a notable announcement on Friday. The company revealed its plan to provide cash incentives and rebates to prospective purchasers of its highly sought-after Model Y and Model 3 cars. This strategic move aims to motivate potential buyers while intensifying the ongoing price war in the world’s largest EV market. This article delves into Tesla’s recent approach and its implications for the industry.

Tesla Inc. Furthermore, BYD Co. set new deal standards in the subsequent quarter, augmenting their lead as the world’s top-selling clean automakers.

Aston Martin would issue around 28.4 million additional ordinary shares and pay Lucid about $232 million in staged cash payments under the proposed deal, making Lucid a 3.7% shareholder in the automaker.

Epsilon Advanced Materials (EAM) has made a staggering announcement, revealing its plans to invest a mind-boggling $650 million in the establishment of an exceptional electric vehicle battery components facility within the United States. This visionary company aims to construct a state-of-the-art synthetic graphite anode manufacturing facility, boasting an impressive production capacity of 50,000 tons per annum (TPA). The primary goal of this facility will be to supply high-capacity anode materials, all of which will be produced using innovative green technologies.

Foxconn, well known as the manufacturer of the iconic Apple iPhone, is reportedly planning to join the Indian market for the production of electric vehicles (EVs). According to Foxconn’s annual

Toyota Motor has announced its plans to venture into the production of solid-state batteries for the next generation of electric vehicles (EVs). Solid-state batteries utilize thin layers of solid electrolytes

Toyota Motor stated it would implement high-performance, solid-state batteries as well as other technologies to increase the efficiency and performance of its electric vehicles while lowering their price.

The Japanese automaker Toyota Motor declared that it plans to introduce next-generation batteries starting in 2026, hoping to win over buyers with cars that have greater driving ranges and faster charging periods.

VW (Volkswagen) AG’s battery arm will uphold the arrangement with a $100 million prepayment for future nickel conveyances, while items merchant Glencore Plc will purchase $100 million of ACG stock.

According to a statement from the Saudi state news agency, the Saudi Arabian government has agreed to a $5.6 billion partnership with Chinese electric vehicle manufacturer Human Horizons to work together on the design, production, and marketing of automobiles.

When electric Vehicles were not the talk of the town, Zypp Electric, a prominent last-mile delivery fleet management firm, leaped into the EV-based ecosystem. Akash Gupta and Rashi Agarwal founded the electric scooter provider firm in 2017 with the goal of assisting India in embracing sustainable transportation and reducing pollution.

In order to grow sustainably in India and expand its activities, MG Motor has unveiled a new five-year business roadmap. The British automaker intends to do this over the following

In the past two decades, environmental pollution has become a serious problem all around the world, and in this story, we will cover Will Electric Vehicles Revolutionize the Job Market?