Electric Cars News

Didi's debut in the US stock market was also the largest one by a Chinese company after Alibaba, debuting with a market cap of $67 billion.

Higher vehicle prices have boosted profitability for automakers, who have also increased investments in EV production.

This concept car also introduces a new Volvo design language. Continuing the theme of 'less but better', all unnecessary elements have been removed and what remains is treated with a high-precision, flush execution.

Tesla managed to deliver 201,250 cars during the period overtaking its previous record which was set in January.

Both Chinese EV majors have posted record sales, propelling China as the apex EV market.

Luxury sports carmaker Porsche AG must recall 43,000 of its electric Taycan cars over faulty software that can cause the battery-powered engine to suddenly shut down, it said on Friday.

It is integrating more closely with OEMs and creating a more unique and customized experience.

Mercedes-Benz India is also targeting a year-on-year (YoY) growth of over 50 Per Cent in H1 2021, courtesy all the new launches the German brand has slated for this year.