News

SUV sales exceeded 1m in 2023, having increased 23% between 2022 and 2023 and are an increasing share of car sales. …

A global slowdown in electric-vehicle demand is rippling through the industry, costing jobs and leading to changes in strategic plans, layoffs and production cuts, suggesting pain in the near term could slow the transition away from gaso …

Mercedes-Benz on Thursday 22 February delayed its electrification goal by five years and assured investors it would keep sprucing up its combustion engine models, becoming the latest carmaker to flag a weaker-than-expected appetite for b …

Leasing companies are demanding concessions from EV makers, including agreements that manufacturers will buy back vehicles, to protect against further erosion in the $1.2trn second-hand car market. …

Electric vehicle startups Rivian (RIVN.O) and Lucid (LCID.O) forecast 2024 production well below analyst estimates on Wednesday as persistently high borrowing costs keep consumers from buying relatively pricier battery-pow …

Electric vehicle drivers unable to install a charger at home are turning instead to stopgaps offered by US and European firms as alternatives to often expensive or inconvenient public charging points. …

Slowing the electrification shift now with the aiming of catching up when margins are better is the wrong approach -- for the planet and for companies' survival. …

Tesla want to double the site's capacity to 100 gigawatt hours of battery production and 1m cars per year. …

Suppliers will continue to have a harder time than automakers in the coming years, especially as the trend towards insourcing will accelerate among automakers. …

Chinese rivals and Tesla are exposing competitive weaknesses at Europe's biggest mass-market automakers. …