Tesla delivers 184,800 units in Q1 to surpass record, expectations
Apr 03, 2021 00:35 am UTC| Business
Tesla Inc posted record deliveries of 184,800 vehicles globally during the first quarter, beating Wall Street estimates of 177,822 vehicles, as solid demand for less expensive models offset the impact of a global shortage...
S. Korean, Japanese EV battery makers lose market share to Chinese rivals
Mar 31, 2021 23:42 pm UTC| Economy
The global market shares of South Koreas three electric vehicle (EV) battery makers LG Energy Solution, Samsung SDI Co., and SK Innovation Co dropped in the first two months of the year despite increases in shipments due...
BMW says electric cars to comprise 50% of sales by 2030
Mar 17, 2021 23:23 pm UTC| Business
BMW is targetting at least 50 percent of its deliveries by 2030 to be electric models, with its MINI brand becoming fully electric. The German carmaker added that around 90 percent of its market categories would be...
Honda to sell electric SUVs, hybrids in US to comply with zero emissions target
Mar 12, 2021 23:56 pm UTC| Business
Honda of America will offer two all-electric SUVs in the US in 2024 and offer hybrid gas-electric vehicles to comply with emissions-reduction targets and cope with Californias ban on sales of new internal-combustion...
Tesla adds $106 billion to market capitalization after shares surge almost 20%
Mar 10, 2021 08:05 am UTC| Economy
Tesla Inc shares soared nearly 20 percent on Tuesday, its largest daily gain in a year that added $106 billion to its market capitalization, due to increased China sales and improved ratings on the stock by New Street...
Aston Martin vows to manufacture its electric cars in UK
Mar 09, 2021 23:29 pm UTC| Business
Luxury car giant Aston Martin has pledged to manufacture all of its electric cars in the UK beginning 2025. According to Aston Martins owner, Lawrence Stroll, all of its battery sports cars will be created at its...
Kia releases teaser on its first all-electric model
Mar 09, 2021 09:20 am UTC| Business
Kia Corp. released a teaser for its first dedicated all-electric model, the EV6, set for a global unveiling later this month. The EV6 has a sleek, coupe-like roofline and a slight ducktail. Kia plans to launch seven...
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