Chinese electric vehicle (EV) maker BYD is planning to open a new manufacturing plant in Karachi, Pakistan, marking its entry into the country. Through a partnership with Mega Motors, BYD plans to sell three of its EV models in Pakistan.
"Our entry into the Pakistani...
China is aiming to continue its manufacturing boom, boosting electric vehicle (EV) production to drive this initiative forward. Vice Finance Minister Liao Min claimed that this push would help to contain inflation while fighting climate change.
"For decades, China has been a force of disinflation...
Less than a week after issuing a huge recall of its electric cars, EV maker Fisker has filed for bankruptcy.
Fisker faced a number of problems with its SUV Ocean, the only car the company produced. It lacked various basic features upon release while facing...
A Huawei executive confirmed on Saturday that the Luxeed S7 premium electric sedan, developed in conjunction with Chery, has begun mass delivery. This comes after delays spurred on by a semiconductor shortage and a series of production issues.
"A large number of Luxeed S7 vehicles...
Electric vehicle maker Tesla is set to offer a one-month free trial to U.S. customers of its driver-assist technology, Full Self-Driving (FSD), CEO Elon Musk announced on Monday.
"All U.S. cars that are capable of FSD will be enabled for a one-month trial this...
Renault SA shares rose by as much as 5% on Tuesday after the company decided to abandon its plans to launch an initial public offering for its electric vehicle (EV) business. The French automaker explained that unfavorable market conditions influenced its decision to abandon...
