Chinese battery giant CATL launched on Monday a new sodium-ion battery it says will restructure the electric car industry, and a new system to combine two battery technologies into one car.
(The Center Square) — Automakers in California and many other states may soon have to restrict sales of gasoline and non-plug-in hybrid vehicles this year if California’s zero-emission vehicle requirement is not overturned, industry leaders say.Â
The world's leading maker of electric vehicle batteries, Chinese firm CATL, posted a 32.9 percent jump in first quarter profit, even as demand for electric vehicles slows.
The Tesla electric vehicle company owned by billionaire Elon Musk on Thursday opened its first showrooms in oil-rich Saudi Arabia -- where hybrid cars remain a rare sight.
Three Tesla models had the fastest-rising insurance costs over the past year, with Model Y full-coverage rates up by nearly $900.
Tesla sales plunged again in Germany last month even as the broader electric car market rebounded, data showed Thursday, the latest sign of a growing backlash against billionaire owner Elon Musk.
Tesla sales kept falling in March in many European markets as it suffered from a double blow of boycotts against the policies of its founder Elon Musk and an ageing model line-up.
Tesla, the Elon Musk-run auto company, has had a turbulent time recently, fueled by its chief executive's close ties to Donald Trump and increased electric vehicle competition.
Tesla sales plunged in the European Union in the first two months of the year, auto industry figures showed Tuesday, as Elon Musk's politics and ageing models may be turning consumers away.
Chinese carmaker BYD saw a surge in revenue last year, a stock filing showed Monday, surpassing the $100 billion mark and beating rival Tesla as the electric vehicle giant accelerates its overseas expansion.