Rivian Stock Rises 5% After Upgrade to Overweight Rating

Rivian Automotive Inc. (NASDAQ:RIVN) shares surged 4.99% to $16.64 on Monday following an upgrade by Piper…

Chinese Auto Brands Surpass Japanese in Western Europe Sales

Chinese sedan and SUV brands outperformed Japanese brands in Western Europe during the second quarter, marking…

GM CEO Calls China’s EV Price War ‘Unsustainable’ Amid

General Motors CEO Mary Barra stated on the company's second-quarter earnings call that the ongoing electric…

BYD reaches 100,000 EVs in Brazil amid tariff discussions

Chinese electric vehicle manufacturer BYD has reached a milestone of 100,000 electric vehicles (EVs) produced in…

Hungary probes BYD investment amid ex-minister’s job switch

Hungary's government has launched an investigation into a significant investment deal with Chinese electric vehicle manufacturer…

US EV Sales Fall 20% in Q2 Amid Incentive Changes

U.S. electric vehicle (EV) sales declined by 20% in the second quarter of 2023 compared to…

US EV Prices Drop 4.5% in June Amid Market Changes

The average transaction price (ATP) for electric vehicles (EVs) in the United States fell by 4.5%…

Ross Gerber Advocates for EVs to Reduce Oil Dependence

Investor Ross Gerber emphasized the importance of electric vehicles (EVs) in reducing global oil dependence and…

Hungary’s EV Sector Crackdown Signals Shift in Policy Focus

Hungary's government is implementing a crackdown on its electric vehicle (EV) sector, which is valued at…

EU aims for EV cost parity with China by 2028, experts say

European carmakers are optimistic about closing the cost gap with Chinese electric vehicle (EV) manufacturers by…