China’s Xiaomi unveils first electric car, plans to become top automaker BEIJING: Chinese smartphone maker Xiaomi took the wraps off its first electric vehicle on Thursday and promptly... Published 28 Dec, 2023 03:08pm
Business & Finance Nissan set for £1bn UK electric car investment: FT LONDON: Japanese auto giant Nissan will commit Friday to building electric models of two best-selling cars in... Published 23 Nov, 2023 07:29pm
Business & Finance Tesla looking to make about half million EVs annually in India BENGALURU: Tesla is discussing an investment proposal with the Indian government to set up a factory with an annual... Published 17 Jul, 2023 03:47am
Business & Finance Tesla nearly doubles deliveries compared to last year NEW YORK: US automaker Tesla beat analyst expectations in the second quarter, delivering 466,140 vehicles despite a... Published 03 Jul, 2023 01:28am
Business & Finance Tata Motors looks to expand electric car portfolio, add pricier models GREATER NOIDA, (India): Tata Motors plans to expand its electric car portfolio with new models and higher price... Published 16 Jan, 2023 06:18am
Business & Finance Musk testifies at trial over his $50bn Tesla compensation WILMINGTON: Tesla tycoon Elon Musk took the stand on Wednesday as part of a trial over his $50 billion pay package... Published 16 Nov, 2022 08:13pm
World EU threatens US over electric car subsidies PARIS: The European Union threatened Monday to take retaliatory measures against the United States for electric car... Published 07 Nov, 2022 07:31pm
Business & Finance EU pushes US over electric car credits PRAGUE: The EU urged the United States on Monday to grant its firms special status to sell electric vehicles, as... Published 31 Oct, 2022 09:16pm
Business & Finance EU electric car adventurers should plan carefully PARIS: With summer holidays looming, Europe’s electric car owners may be wondering whether to risk taking their... Published 06 Jun, 2022 05:57am
Markets Ford to invest $3.7bn for production of EVs, gas-powered vehicles DETROIT: Ford Motor Co on Thursday said it will invest $3.7 billion in assembly plants in Michigan, Ohio and... Published 02 Jun, 2022 07:53pm
Technology New Zealand to boost electric car sales WELLINGTON: New Zealanders who trade in their gas-guzzling car will get financial aid towards buying a cleaner... Published 16 May, 2022 10:24am
Markets S&P 500 flat as Tesla offsets losses in banks, energy stocks NEW YORK: The S&P 500 was trading largely flat on Monday as gains in Tesla were offset by declines in bank and... Published 29 Mar, 2022 05:49am
Business & Finance Elon Musk hands over first ‘made in Germany’ Teslas BERLIN: Tesla CEO Elon Musk danced for joy at the inauguration of his “gigafactory” electric car plant near... Published 23 Mar, 2022 04:58am
Business & Finance Ford unveils new structure as it speeds electric car push NEW YORK: Ford announced Wednesday it is creating separate businesses for its conventional and electric-auto... Published 02 Mar, 2022 07:00pm
Business & Finance Volkswagen cranks up electric car investment FRANKFURT: German auto giant Volkswagen said on Thursday that it would bulk up its investment in electric vehicles... Published 09 Dec, 2021 08:32pm
Pakistan Tax breaks kick country’s electric car shift into higher gear ISLAMABAD: Businessman Nawabzada Kalam Ullah Khan had been planning to swap his family’s petrol-powered cars for... Published 23 Nov, 2021 03:54am
Markets Tesla shares gain after Musk sheds $5bn in equity Tesla shares rose in early trading on Thursday after filings revealed Chief Executive Officer Elon Musk had sold... Published 11 Nov, 2021 07:55pm
Business & Finance Swedish electric car maker Polestar plans $20-bn IPO STOCKHOLM: Electric car maker Polestar, controlled by Sweden's Volvo Cars and its Chinese owner Geely, said Monday ... Published 27 Sep, 2021 05:04pm
Business & Finance China Evergrande's electric car unit's shares tumble 26% after warning HONG KONG: Shares of China Evergrande's electric car unit plunged as much as 26% on Monday after it warned it faced... Published 27 Sep, 2021 11:20am
BR Research Love and hate for EVs The new finance minister came with several concessions in the budget to spur economic activities. However, the party... Published 24 Sep, 2021 07:25am
Business & Finance Volkswagen unveils ID LIFE small e-car at $24,000 ID LIFE to be launched in 2025 Car to be build by Spanish unit SEAT Part of Volkswagen push to dethrone Tesla Updated 06 Sep, 2021 05:31pm
Business & Finance Daimler aims to be ready for an all-electric car market by 2030 To invest more than 40 bln euros in EVs by 2030 From 2025 new vehicle platforms will only make EVs To build eight battery plants Published 22 Jul, 2021 05:17pm
Business & Finance Electric car lithium demand powers mining revival in UK LONDON: As the global auto sector accelerates production of electric cars, one British company is hoping to cash in... Published 19 Jul, 2021 06:17am
Business & Finance Opel to be 100% electric in Europe by 2028: CEO To revamp its image Opel will also introduce an electric version of its 1970s sports coupe, the Manta, by "the middle of this decade," he said. Updated 08 Jul, 2021 08:59pm
Business & Finance Tesla to 'recall' over 285,000 cars in China due to faulty software BEIJING: Electric car giant Tesla will "recall" over 285,000 cars from the Chinese market after an investigation... Published 27 Jun, 2021 03:56am
Business & Finance Tesla to 'recall' over 285,000 cars in China due to faulty software Decision affects some imported and domestically-manufactured Model 3 and Model Y vehicles Updated 26 Jun, 2021 03:54pm
Business & Finance Europe powers up electric car battery drive PARIS: As electric car sales soar, Europe has started to build up its capacity to produce batteries on the continent... Published 21 Jun, 2021 03:43am
Business & Finance Tesla to build data centre BEIJING: Tesla on Tuesday announced it had set up a data centre in mainland China to store the information collected... Published 26 May, 2021 03:45am
Business & Finance Uber joins UK tech firm to make electric ride-hailing car Uber has committed to becoming a fully-electric mobility platform in London by 2025 and by 2030 across North America and Europe, the statement noted. Published 04 May, 2021 04:11pm
World Tesla reports higher profits, says expansion on track NEW YORK: Tesla reported a jump in first-quarter profits Monday on surging electric vehicle sales, and the... Updated 28 Apr, 2021 10:07am
