Electric Vehicles

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LG Accepts To Pay General Motors $1.9 billion Fines

LG Electronics has agreed to compensate General Motors about $1.9B to recall and repair Chevrolet Bolt electric vehicles due to…

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News

The US Proposes A Draft Tax Exemption For Electric Vehicles

Toyota and Honda have criticized the Democratic Party's proposal of Representatives to give an additional $4,500 tax break incentive for…

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The Chinese BYD Witnessed Strong Sales In August

BYD sold approximately 61,409 new energy vehicles during August, which represents a fourfold growth over the quantity sold by the…

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News

Xiaomi Officially Registered An Electric Car Project

Xiaomi officially registered its electric car business on Wednesday and added that its division, called Xiaomi EV, has entered a…

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Business

Ideanomics Buys VIA Motors For $630 Million

Ideanomics will acquire VIA Motors International in a whole-share deal that will give the commercial electric vehicle company a valuation…

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News

General Motors Shares Are Falling Despite the Strong Results

General Motors trucks collected huge profits, but investors indicated that they expect more which led to a 7.8% drop in…

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Tesla’s Net Income Crossed $1 Billion in The Second Quarter

Tesla reports second-quarter earnings that beat expectations across the board, sending their names up 2% and Tesla net income above…

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News

Ford boosts EV spending and targets for 2030 drive stock shares to 5-year high

Ford Motors has outlined plans to support increased spending on electric vehicles and says its European production line will be…

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News

BlackRock to invest $118 million in electric vehicle company Arival in UK

BlackRock to invest $118 million in electric vehicle company Arival in UK, and Arival currently also has an order of…

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