Electric Cars

Reuters
Jul 28, 2022, 9:34 PM
China's Great Wall Motor has shelved plans to invest $1 billion in India and laid off all employees at its operations there after failing to obtain regulatory approvals, three sources with direct knowledge of the matter said.
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Reuters | Jul 28, 2022GM's Cruise Robotaxi Unit Drives Deeper Into The RedGeneral Motors Co has lost nearly $5 billion since 2018 trying to build a robotaxi business in San Francisco, and now as the automaker's Cruise unit starts charging for rides, the losses are accelerating.4 mins read
Reuters | Jul 28, 2022Germany To Reduce Electric Car Subsidies In 2023The incentives, or premiums, paid to buyers of electric cars will expire completely once an allocated sum of 3.4 billion euros ($3.44 billion) from the next two years' budget is spent, according to government sources.2 mins read
Reuters | Jul 28, 2022U.S. And Japanese Insurers Back Autonomous Vehicle Firm May MobilityThe funding will allow May Mobility to continue work with Toyota Motor Corp on self-driving people movers, May Mobility said in a statement. May said it is aiming to take human drivers out of vehicles in commercial operation by next year.1 min read
Reuters | Jul 28, 2022Tesla Plays 'Whack-A-Mole' With Snags As Deliveries Fall For First Time In Two YearsTesla Inc faces a series of hurdles ranging from production snags to rising inflation that may hit profits, Wall Street analysts said on Tuesday, as the electric-car maker reported a fall in deliveries for the first time in two years.2 mins read
Reuters | Jul 28, 2022Tesla Braces For Earnings Hit, But EV Delivery Outlook Is KeyTesla navigated supply-chain challenges better than rivals early in the pandemic, and Deutsche Bank analyst Emmanuel Rosner said high prices and cost-cutting could help Tesla pleasantly surprise investors.2 mins read
Pratik Rakshit | Jul 27, 2022Volvo XC40 Recharge Electric SUV: Everything You Need To KnowIn a new update, Volvo Cars designers have given the XC40 line-up a refresh to reinforce its cutting-edge design and modern statement, which is also the version that has arrived in India today.3 mins read
Reuters | Jul 27, 2022VW Begins U.S. Production Of EV Compact SUV In TennesseeThe German automaker said it plans to deliver ID.4 SUVs produced in Tennessee as early as October and will ramp up production to 7,000 cars per month by the end of 2022.1 min read
Jaiveer Mehra | Jul 26, 2022Volvo XC40 Recharge vs Rivals: Price ComparisonVolvo’s electric SUV goes up against the likes of the Kia EV6 in the Indian market.2 mins read











































