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globalautonews (178 Posts)
Hyundai and Kia Set New U.S. Sales Records for Ioniq 5 and EV6In October 2023, Hyundai Ioniq 5 U.S. sales jumped 88% YoY to 2,979 units, while Kia's EV6 increased 30%, selling 1,542 units.
OverAir Partners with Fort Worth Airport for eVTOL ResearchOverair partners with Dallas Fort Worth International Airport and Arlington to develop eVTOL operations in North Texas.
Vatican to Replace All Cars to be Electric by 2030, Thanks to VolkswagenVolkswagen to supply Vatican City with electric cars as part of the Vatican's plan to replace all vehicles with EVs by 2030.
Elon Musk's Surprise Move: Tesla Launches Paid Ads on YouTubeTesla, known for minimal advertising, launched a safety-focused YouTube ad, marking a shift in marketing strategy.
Biden Boost: $3.5 Billion Surge into Battery IndustryBiden allocates $3.5B for the U.S. battery industry, targeting manufacturing, recycling, and raw materials supply chain support.
Global Electric Vehicle Sales Surge by 34% in October, Despite Market PredictionsGlobal EV sales rose in October, driven by China, with BYD and Tesla performing well despite subsidy cuts.
Xiaomi Unveils Its First Electric Car: Check Out the Stunning PhotosChinese smartphone giant Xiaomi is unveiling its first electric vehicle, the SU7, produced by Beijing Automotive Industry Holding (BAIC).
BMW's Shocking Move: Internal Combustion Engine Production Heads to the UK and AustriaBMW is moving internal combustion engine production from Germany to the UK and Austria while converting its Munich factory to EV production.
Hyundai Motor America Revs Up Factory Workers' Pay: 28% Raise by 2028Hyundai Motor America plans to increase factory workers' wages by 25% by 2028, following similar moves by Honda and Toyota.
Porsche's Latest Turbo Model Sets a New Standard in Distinctive DesignPorsche introduces Turbo Night Metallic color exclusively for its turbo models, enhancing their unique and elegant design with gold accents.
From Bankruptcy to Buyout: Volvo Acquires Proterra's Battery Operations in the USVolvo Group is acquiring Proterra's battery business for $210 million, expanding its electric vehicle capabilities.
Volkswagen's Electric Game-Changer: Affordable Electric Car Set to Hit U.S. MarketVolkswagen plans to launch a sub-$35,000 electric vehicle in the U.S. within 3-4 years, exploring local battery sourcing for tax incentives.
Chinese EV Brand Zeekr Gears Up for Big NYSE DebutZeekr, Geely's premium EV brand, seeks New York Stock Exchange IPO, aiming to join other Chinese electric vehicle firms listed in the U.S.
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.
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