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globalautonews (157 Posts)
Tesla's Market Capitalization Targets $4 Trillion, Elon Musk DeclaresElon Musk has stated that Tesla's value could reach $4 trillion, emphasizing that Tesla is more than just a car or battery company.
California Sees Huge Surge in Electric Car Sales – What's Driving the Trend?California's electric vehicle market share rose to 22.3% in Q3, a significant increase from 9% in 2021 and 17% in 2022.
Hyundai Slashes Prices for IONIQ 5/6: Electric Car Deals Await U.S. Customers .
296 Challenge: Ferrari's Latest Marvel for Racing Enthusiasts Ferrari has unveiled the '296 Challenge' at the Finali Mondiali, an event that marks the pinnacle of the annual Ferrari racing season, held at the Mugello Circuit.
Toyota's Mega Investment: $8 Billion Surge in North Carolina Battery Factory Toyota has announced an additional $8 billion investment in its electric vehicle battery plant in North Carolina, USA.
Elon Musk Praises Chinese Electric Cars as Most Competitive GloballyTop 10 global EV sales: traditional automakers absent, Elon Musk praises Chinese competitiveness, especially Tesla China and BYD.
Tesla's Model Y Performance Gets Pricier in China: What You Need to KnowTesla increases the price of its top Model Y by 14,000 yuan in China to 363,900 yuan due to strong demand.
UAW Strike Widens: GM's Spring Hill Factory Hit, 20,000 Workers Now on StrikeGM expands strike to Spring Hill factory, impacting production in multiple facilities, with estimated losses exceeding $800 million in Q3.
40-Day Strike Comes to a Close as UAW and Stellantis Reach AccordUAW's tentative agreement with Stellantis, following Ford's, signals an end to a 40-day strike; GM expected to follow suit soon.
Volvo Reports Impressive Q3 Performance With a 22% Surge in EV SalesVolvo Q3 operating profit, excluding joint ventures and associates, surged by 75% to $677.6 million, with strong sales and cost savings.
Porsche Drives Forward: Strong Q3 2023 Performance After IPO SuccessPorsche reports impressive Q3 results with 12.6% sales growth, exceeding profit margins, and strong global demand.
California Suspends GM Cruise's Robotaxi Permit Over Safety IssuesThe state of California has suspended GM Cruise's autonomous driving trial permit within the U.S. due to safety concerns.
Hyundai's $5.5 Billion EV Plant in Georgia Nears Full Foundation CompletionHyundai's U.S. electric vehicle assembly and battery plant progress rapidly, with 99.9% of foundation work completed in one year.
BMW's Mega Investment in US Electric Vehicle ProductionBMW is investing $1.7 billion in the USA for an EV battery factory and plans to produce six electric vehicle models by 2030.
Tesla's New Tech Monitors Your Yawns and Blinks to Prevent Drowsy DrivingTesla's new drowsy driver alert uses internal cameras to monitor and alert drowsy drivers in European vehicles.
Shockwave in Electric Truck Industry: Volta Trucks Faces BankruptcySwedish electric truck startup Volta Trucks is filing for bankruptcy due to issues with its battery supplier, Proterra.
Electric Car Prices Drop, Now More Affordable for AmericansThe average price of battery-electric vehicles in the U.S. drops to $56,830, driven by Tesla's price reductions and an increase in sales.
Ford to Temporarily Cut F-150 Lightning Production at Michigan PlantFord temporarily reduces shift at Rouge Electric Vehicle Factory, affecting 700 jobs, citing supply chain issues, not UAW strike-related.
Volvo EX30 Named 'Car of the Year' by UK's 'The Sun'. The Volvo EX30, a next-generation premium electric SUV set to make its debut in November, has been crowned 'Car of the Year' by UK daily 'The Sun'. The Volvo EX30 is evolving to meet...
Tesla Cybertruck is Not Really Eco-Friendly, According to ForbesTesla's Cybertruck deviates from Musk's eco-vision. Critics highlight its size and environmental ambiguity, while Tesla eyes profitability.
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