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.
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.
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.
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.
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.
China's EVE Energy Sparks a $2.6 Billion Battery Venture in the US EVE Energy US Holdings, a subsidiary of Chinese EVE Energy, announced on September 7, 2023, that it plans to establish a joint venture in the United States with Electrified Power, Daimler Trucks, and Paccar Inc. The capital contribution limit for the joint investment shareholders is set at a total of $2.64 billion.
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