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Electric vehicles
Volkswagens Future Hangs in Balance as German Giant Faces Reform Crisis
Europe's largest automaker, Volkswagen, finds itself embroiled in an unprecedented crisis as it grapples with mounting pressure from workers, politicians, and market forces. The company's struggle to navigate the electric vehicle transition…
Land Rover and Range Rover Report Surge in Hybrid Sales Amid Electric Vehicle Market Uncertainty
The automotive industry is witnessing a significant shift in consumer behaviour as JLR, the West Midlands-based Indian-owned manufacturer, reports a remarkable 29 per cent increase in plug-in hybrid vehicle sales during the first half of…
US approves lithium-ion project to help break China’s grip over EV minerals
As part of its strategy for breaking Chinese dominance of the supply chains of essential minerals, the US approved construction of an enormous new lithium mine in Nevada. It also extended tax breaks to certain miners.
Ioneer, an…
Tesla shares rise 12% on the back of its upbeat earnings forecast and positive outlook
Tesla shares soared Wednesday after the company reported a higher-than-expected quarterly profit. The company also forecasted "slight" growth in deliveries in 2019 and a large jump in 2025.
This performance is a significant turnaround…
General Motors increases profit guidance due to “resilient” consumers
General Motors' shares have soared after the automaker raised its profit forecast for the full year. This is due to the strong demand for SUVs and trucks.
Due to rising prices and consumer spending, the largest American carmaker by sales…
Where is my £10,500 refund if Tesla’s driving distance fell short?
I bought a Tesla Model 3 in June for £42,791. The advert stated that the car had a 318-mile range, but when I charged the battery fully the car's display said only 248 miles. Tesla was able to find out the reason why the advertised range of…
Stellantis vehicles are now being shipped at a lower rate by a fifth
Stellantis, parent company of Vauxhall has revealed the crisis as it revealed a 20 percent drop in deliveries compared to a year earlier.
Stellantis brand shipments in the world fell by 279,000 units to 1.14mn in the three-month period…
European automakers are planning dozens of models at lower prices to survive the ‘EV…
The European automakers plan to launch dozens of electric models at affordable prices next year, as they prepare for a "EV Winter" fueled by the tougher EU carbon emissions targets and fierce competition coming from China.
The big…
Rio Tinto purchases Arcadium Lithium at a cost of $6.7bn
Rio Tinto struck a $6.7billion deal to acquire a lithium miner, making it the third largest producer in the world of this key ingredient for electric vehicle batteries.
The London-listed company is paying $5.85 per share in cash. This…
Battery manufacturers aim to ease EV anxiety with 5-minute charging
Asian battery manufacturers are racing to create new "superfast charging cells" for electric vehicles. These will allow refuelling cars as quickly as they can fill up with petrol or diesel. China’s CATL, and Gotion High Tech are launching…
Rio Tinto is considering a bid for Arcadium Lithium
Rio Tinto may make a bid to acquire a New York listed lithium miner, as the largest commodity groups in the world race to secure the metals and minerals that will power the global shift to cleaner energy. If the deal for Arcadium Lithium is…
Ocado, AA and growing protest against London congestion charges for electric vans
Over 40 companies, including Ocado and the AA, have called for the Mayor of London not to expand the congestion charge on electric vans.
Christmas Day 2025 will see drivers of electric cars in central London paying the same £15 per day…
Ford calls on Labour to put off electric car targets
Ford has urged the new Labour government in the UK to put an end to the ambitious sales targets set for electric cars and the harsh penalties that will be imposed on manufacturers who fail to meet them. The American auto giant, which was…
Manufacturers say that the VAT on electric vehicles should be cut in half.
The motor industry urged the chancellor on Tuesday to reduce the VAT rate for new electric vehicles, as well as public charging stations to stop the decline in the electric vehicle sector.
The Society of Motor Manufacturers and Traders,…
Tesla’s quarterly deliveries miss expectations despite 6% rise
Tesla's quarterly deliveries of vehicles fell short of expectations and dampened hopes of a robust recovery on the backs of a rebound in Chinese auto demand. In the three-month period ending September, the company sold 462,890 cars…
The production of the electric Fiat 500 has been halted due to a lack of European orders
Stellantis will stop production of its electric Fiat 500 for four weeks due to a lack in orders from Europe.
The Franco-Italian firm, which owns Citroen Vauxhall Peugeot, announced that production will be suspended on Friday.…
Is hydrogen really ready to take flight?
The concrete test track in Bedfordshire is a circular swath through lush countryside. It's usually the place where high-performance vehicles are tested, but last weekend it was a less frantic form of transportation: a hydrogen prototype…
Electric Car Sales Surge in August Bucking Overall Market Trend
In a surprising turn of events, electric vehicle (EV) sales in the UK saw a significant uptick in August, defying the overall downward trend in the automotive market. According to the latest figures from the Society of Motor Manufacturers…