Electric Cars News
Analysis-Chevy's Electric Blazer SUV Fights To Stand Out In A Crowd
General Motors Co's electric Chevy Blazer SUV will be vital to the automaker's effort to catch Tesla Inc in the U.S. EV market, but by the time it hits showrooms next year it will be fighting a crowd of vehicles to run second in a segment dominated by Tesla's Model Y.
Vietnam's VinFast Taps Banks For $4 Billion EV Factory Funding Deal
Jul 30, 2022 02:34 AM
Vietnam carmaker VinFast said it has tapped Credit Suisse and Citigroup to raise at least $4 billion to build its planned electric vehicle factory in North Carolina and fund its U.S. expansion.
S.Korea's LG Energy Solution To Supply Batteries To India's Mahindra -Report
Jul 30, 2022 02:32 AM
South Korean battery maker LG Energy Solution is set to supply batteries to Mahindra & Mahindra's first electric sports utility vehicle (SUV).
Ferrari To Churn Out Gas Guzzlers On Its Slow Road To Electric
Jul 30, 2022 02:25 AM
Ferrari makes some of the fastest cars on the road, but the luxury Italian automaker is taking the slow lane to an electric future as it tries to overcome the technology's disadvantages against today's powerful fossil fuel engines.
Evergrande's EV Unit Says It Receives Pre-Orders For More Than 37,000 Hengchi EVs
Jul 30, 2022 02:15 AM
China Evergrande New Energy Vehicle Group Ltd said it had received non-binding pre-orders for more than 37,000 units of its first model Hengchi 5.
Silk-FAW Confirms Plan To Build Electric Sports Cars In Italy
Jul 30, 2022 02:01 AM
Silk-FAW, a start-up of U.S. automotive engineering and design firm Silk EV and Chinese automaker FAW, said it would press ahead with a plan, worth over one billion euros ($1.02 billion), to build electrified cars in Italy.
Tiny Bolivian Automaker Bets It Can Tap World's Largest Lithium Deposits
Jul 30, 2022 01:47 AM
A Bolivian startup is betting on the Andean nation's unlikely push to mine the world's largest lithium deposits, building tiny electric cars that it hopes can be adopted throughout Latin America with locally made batteries.
Canada Welcomes U.S. Bill To Expand North American EV Tax Credits
Jul 29, 2022 11:13 PM
The bill includes an expansion of tax credits for electric vehicles produced in North America that does not discriminate against those manufactured in Canada.
Tesla Closes An Office As Layoff Hits Autopilot Jobs, Including Hourly Ones
Jul 29, 2022 07:34 PM
Tesla has shuttered its office in San Mateo, California and laid off roughly 200 employees working on its Autopilot driver-assistant system
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