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globalautonews (165 Posts)
Tesla Announces Price Hike for Model 3 and Model Y in ChinaTesla plans to increase prices of long-range Model 3 and Model Y in China on Nov 9, 2023, possibly to boost sales before the hike.
China's EV Startups: Can NIO, Xpeng, and Li Auto Regain Momentum in 2024?Chinese EV startups NIO, Xpeng, and Li Auto reportedly missed their sales targets for 2023, with varying performance and ambitious goals.
Tesla's $25,000 Electric Car to Be Built at Gigafactory BerlinTesla plans to produce its $25,000 budget-friendly electric vehicle in Gigafactory Berlin, expanding its production locations for the model.
Jeep's Shocking News: Wrangler and Grand Cherokee Go ElectricStellantis is investing $19 billion by 2028 in electric vehicle development, including electric Jeep Wrangler and Grand Cherokee.
More Electric Volvos on American Roads? U.S. Plant Expansion in SightVolvo mulls U.S. EV production expansion, possibly in Charleston, SC, to leverage tax deductions amid inflation reduction policies.
Ferrari to Accelerate Electric Car Plans, Launching First EV in Q4 2025Ferrari accelerates electric car plans, targeting a Q4 2025 launch for its first BEV with a racing-inspired focus.
China's New Energy Vehicle Market Gears Up for 32% Sales Increase in OctoberWholesale sales of new energy vehicles in China for October are estimated to have increased by 32% compared to last year.
Japan's First Level 4 Autonomous Vehicle Collides With Bicycle, Operations HaltedJapan's first Level 4 autonomous vehicle collided with a bicycle, prompting a suspension of operations for investigation.
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.
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