EV companies, battery makers urge Trump not to kill vehicle tax credits By: Reuters | Updated on: 16 Nov 2024, 10:39 AM Major electric vehicle and battery manufacturers called on President-elect Trump to keep tax credits for EV sales, emphasising their role in job creat … Major electric vehicle and battery manufacturers called on President-elect … Read more
Electric car sales falling world over, leaving carmakers in shock. Here’s why By: HT Auto Desk | Updated on: 03 Nov 2024, 08:51 AM The electric vehicle market is experiencing slowed growth, prompting major global brands to adjust production. Factors such as stiff Chinese competiti … The electric vehicle market is experiencing slowed growth, prompting … Read more
VW labour chief sounds alarm on mass layoffs and three German plant closures Europe’s biggest carmaker has been negotiating for weeks with unions over plans to revamp its business and cut costs, including considering plant closures on home soil for the first time, in a blow to Germany’s industrial prowess. Volkswagen reiterated on Monday that … Read more
Automobile blasphemy: Ford CEO drives a Chinese SUV and he can’t stop… By: HT Auto Desk | Updated on: 28 Oct 2024, 18:11 PM When the top boss of an American car company says he does not want to give up his Xiaomi SU7 SUV, how good is the Chinese EV then? Xiaomi SU7 electric … Read more
South Africa plans tax rebates, subsidies to boost local EV industry By: Reuters | Updated on: 18 Oct 2024, 08:22 AM South Africa’s automotive industry is positioning itself to take advantage of the demand for new energy vehicles. In an effort to boost sales of electric vehicles, the South African government is planning to offer … Read more