US Finalizes Regulations Favoring Electric Vehicles in Fuel Economy StandardsAn electric vehicle charger is placed outside a Ford dealer in Broomfield, Colorado. AP-Yonhap The U.S. government has finalized regulations that rate electric vehicles lower than internal combustion engine vehicles when calculating car manufacturers’ average fuel efficiency. The calculation aims to further promote the sale of electric vehicles by making them significantly advantageous under the […]
Hyundai's Electric Vehicle Lineup Racks Up 48 Awards Across 13 CountriesIn the fierce global electric vehicle market, Hyundai Motor Group’s various electric vehicle models have been honored one after another at award ceremonies hosted by influential automotive organizations and media around the world, including in the U.S., Europe, and Asia. According to Hyundai Motor Group on March 19, the electric vehicles of its three brands […]
Trump Threatens 100% Tariff on Chinese Automakers' Cars Made in MexicoAccording to a report by the Detroit News on March 17, 2024 (Local time), Donald Trump said he would impose a 100% tariff on automobiles made in Mexico by Chinese automakers, double the levy he has previously said he would impose on automobiles made south of the U.S. border. Earlier this month, Trump threatened a […]
Tesla Owner Fined for Trying to Sell a Used Cybertruck(Source: Top Gear) On March 11th (local time), a man was blacklisted for listing his Tesla Cybertruck for sale on a trading site for used goods. Dennis, an IT manager in Arizona, reportedly listed his Cybertruck on several secondhand trading sites. (Source: Cybertruck Owners Club) However, after listing the vehicle, he received an email from […]
Trump Reignites Debate: Scrapping Electric Vehicle Policy?This year is a presidential election year in the United States. There is widespread talk about the need to respond to Trump’s possible re-election. Along with this, there are concerns about possible changes to Biden’s actively pursued electric car strategy. Trump has publicly declared that he will scrap Biden’s electric vehicle power. There has been […]
BYD Founder Wang Chuanfu Faces Crisis Over Alleged Extramarital AffairChairman Wang Chuanfu of BYD, a major Chinese electric vehicle company, is recently rumored to have illegitimate children in the United States—/Search engine Baidu. Wang Chuanfu, 58, founder of BYD, a major Chinese electric vehicle company comparable to Elon Musk’s Tesla, is suddenly embroiled in rumors of having illegitimate children in the United States, facing […]
Chinese Electric Cars Outperform US Competitors in SalesThe Financial Times reported that Mathias Miedreich, CEO of Belgian conglomerate Umicore, said that sales of Chinese-made electric vehicles outpace those from the U.S. because of their superior performance and better price. In the interview, he said that Chinese electric cars sell well because they are genuinely good, and it seems like American companies are […]
EU Finds Evidence of Chinese Government Unfairly Providing SubsidiesThe EU’s European Commission announced that after months of investigation, it had found evidence that the Chinese government was unfairly providing subsidies for electric vehicles exported to Europe through direct fund transfers. In October 2023, Europe began an official investigation into China’s electric vehicle industry. As European companies enter the European Union, they are competing […]
BYD, a Company Backed by Warren Buffet, Has Dominated the Entire EV IndustryRecently, the latest model of BYD’s Yuan Plus is being sold in China starting at about 120,000 yuan (about $16,660), which is about 12% cheaper than the previous model. According to the media, the price war of electric vehicles is currently accelerating in China, and overall sales volume is decreasing. BYD’s competitor XPeng had reached […]
[Debate] Will Chinese Electric Vehicles Take Over the European Market?Wariness against Chinese electric vehicles and concerns over the rising market share of Chinese electric vehicles in EuropeEU has predicted a response to Chinese electric vehicle companies through an anti-subsidy investigation Discrimination against Chinese electric vehicles begins in Europe According to reports from Chinese business media Caixin and Reuters, the European Union (EU) is establishing […]
Hyundai Ioniq 5 Wins Top Honor in Parents' 2024 Best Family Cars AwardsHyundai Motor Company announced on the 7th that the Ioniq 5 has been selected as the “Best Family Electric 5-Seater SUV” in the Parents‘ 2024 Best Family Cars Awards. Parents, founded in 1926, is a prestigious American magazine that provides various information on child development to assist parenting. Each year, it conducts the Best Family […]
Michigan Installs First U.S. Road to Charge EVs Without PlugsElectreon and MDOT pioneered the U.S.'s first wireless charging road in Detroit's Corktown, testing electric vehicle charging technology.
Lucid Motors Takes on Tesla with the Launch of Its New Electric SUV, GravityLucid Motors unveiled its large electric SUV called "Gravity" with impressive features, including a 710km range and aerodynamic design.
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.
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.
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.
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.
Chevrolet Equinox EV: Changing the Game for Electric CarsChevrolet unveils 2024 Equinox EV with a 300-mile range, aiming for affordability at an estimated $30,000. U.S. launch set for this fall.
Volkswagen Introduces the ID.X Performance ConceptVolkswagen has unveiled the ID.X Performance: High-performance AWD EV concept based on the ID.7 sedan, boasting 558ps.
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