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Electric vehicles
Vauxhall owner warns against ‘invasion of Chinese’ in electric car market
Vauxhall's owner Stellantis warned that a "invasion of cheap Chinese vehicles" was coming as it pressed its suppliers to reduce costs in order to compete.
As it works to reduce the price of electric vehicles, the firm will use its…
Britain’s EV push will cost billions, but the prize could be worth much more
This could be £500m. It could be £1bn. It could even be £2bn. It's not clear how much the government agreed to pay the Indian conglomerate Tata last week for a battery plant in Somerset, instead of Lyon or Stuttgart.
One thing is…
Tesla profits slip as price reductions weigh on earnings
Tesla's profits margins fell in the last quarter due to a series price cuts that have weighed on earnings this year, according figures released on Wednesday.
The US electric car maker has reiterated that it will sell 1.8 million vehicles…
VanMoof, the ‘Tesla’ of e-bikes, goes bankrupt when cycling boom bursts
The wheels are coming off the cycling boom as a Dutch electric bike maker dubbed "Tesla" of e-bikes declares bankruptcy.
Amsterdam-headquartered VanMoof, whose minimal designs and high prices won the company repeated comparisons with…
Jaguar Land Rover selects UK over Spain to build battery megafactory
Britain's victory in the race to build a flagship battery plant is a boost for Rishi Sunder
After offering Jaguar Land Rover half a billion pounds of subsidies, Rishi Sunak sealed a deal with to bring an electric vehicle…
Cornish Lithium raises £10m to prevent collapse
It is only a few weeks until the company in Cornwall at the heart of the "Klondike of Lithium" must find PS10m of additional funding or it will collapse.
Cornish Lithium must secure a capital infusion by the end July to "ensure the…
Elon Musk’s plan to transform Britain into a ‘virtual grid’
Billionaire looks to expand his business despite critics who say he is too busy.
Elon Musk is a billionaire who has spent $44bn to buy , one of the largest social media companies in the world.
Now the billionaire is focusing…
Elon Musk’s Tesla is poised to launch a British household electricity provider
Tesla, Elon Musk’s company, is set to disrupt the British energy market with its electricity sales to consumers.
A job posting revealed that Tesla was developing plans to register with the industry regulator as an electricity…
If we don’t lower prices, electric car sales could stagnate
Could I get you interested in saving our planet? You may want to use less water, consume less plastic and fly less. If none of these options appeal to you, there's a simple way to reduce your impact on the planet: ditch that dirty car that…
GM joins the electric vehicle boom in an expanding US market
General Motors US electric vehicle sales have more than doubled from the same time period last year. This is further evidence that consumers are increasingly interested in battery-powered vehicles and trucks.
Detroit automaker announced…
Brussels will continue to impose tariffs on UK imports of EVs after Brexit, starting in 2024
The European Commission insists it will continue to implement plans for tariffs to be imposed on electric vehicles that are shipped between the UK an EU as of next year, after warning the bloc is losing in the global competition for battery…