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Electric Vehicles
UK Electric Vehicle Adoption Faces Critical Slowdown Due to Charging Infrastructure Inequality
Growing disparities in electric vehicle (EV) charging infrastructure across the UK are threatening to derrapeur the nation's transition to sustainable transport, according to a comprehensive analysis by consultancy firm Stonehaven.
The…
UK Electric Vehicle Charging Network Grows By 36 Percent in 2024 Despite Market Headwinds
Britain's public electric vehicle charging infrastructure witnessed substantial growth in 2024, with the total number of chargers increasing by 36% to reach 73,421 units by year-end, according to data from Zapmap. The expansion,…
Lamborghini Delays Electric Supercar Launch Until 2029 as Luxury Market Hesitates
Italian luxury carmaker Lamborghini has announced a delay in launching its first all-electric model until 2029, citing the luxury automotive sector's unreadiness for full electrification. The VW-owned manufacturer, celebrating its 60th…
Japanese Auto Giants Nissan and Honda Enter Historic Merger Talks Creating 52 Billion Powerhouse
Nissan and Honda have initiated exploratory discussions regarding a potential merger that would establish a £52 billion Japanese automotive powerhouse, according to sources close to the negotiations. The proposed combination emerges as…
Chinas Ponyai Targets Massive Robotaxi Fleet Expansion in 2025 as Costs Set to Plummet
Chinese robotaxi pioneer Pony.ai has unveiled ambitious plans to quadruple its autonomous vehicle fleet by 2025, whilst forecasting significant cost reductions and expanded operational zones across China's premier cities.
The…
UK Government Set to Revise Electric Vehicle Mandate amid Industry Pressure and Sluggish Sales
The United Kingdom's government is preparing to modify its electric vehicle (EV) regulations as sales struggle to meet expectations. Business Secretary Jonathan Reynolds is launching a swift consultation next week to address growing…
General Motors Takes $5 Billion Dollar Hit as China Operations Face Local Competition Pressure
American automotive giant General Motors has announced a substantial $5 billion charge against its Chinese operations, highlighting the mounting challenges Western car manufacturers face in the world's second-largest economy. The…
European Battery Giant Northvolt Seeks US Bankruptcy Protection in Dramatic Turn
Swedish battery manufacturer Northvolt has filed for Chapter 11 bankruptcy protection in the United States, marking a significant setback for European ambitions to challenge Asian dominance in the electric vehicle battery sector.
The…
UK Government Stands Firm on Electric Vehicle Sales Mandate Despite Industry Pressure
The British government appears poised to reject appeals from electric vehicle manufacturers seeking relief from hefty fines linked to missed sales targets through 2026. This stance comes amid warnings from the automotive sector about…
Britain Prepares to Ease Electric Vehicle Sales Rules as Industry Faces Crisis
The UK government is poised to modify regulations governing the electric vehicle (EV) market amid mounting pressure from manufacturers claiming current sales quotas are pushing the industry towards a breaking point. Transport Secretary…
Troubled Swedish Battery Manufacturer Northvolt Faces Potential Collapse as Bankruptcy Looms
Swedish battery manufacturer Northvolt stands at a critical juncture as the company contemplates filing for Chapter 11 protection or potentially entering bankruptcy proceedings. Sources close to the negotiations indicate the organisation's…
BMW Reports Dramatic 80 Percent Profit Plunge as Chinese Market Falters
German automotive giant BMW has witnessed a staggering 79.4 per cent decline in third-quarter profits, primarily driven by challenges in its braking systems and a significant downturn in Chinese consumer demand. The manufacturer's profit…
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…