Hungary's government is implementing a crackdown on its electric vehicle (EV) sector, which is valued at…
Tag: Electric Vehicles
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…
Tesla sells fewer than 500 cars in India during first year
Tesla sold fewer than 500 vehicles in India during its first year of operations, according to…
Tesla Holds 54% of U.S. EV Market Despite Sales Decline
Tesla maintained a dominant position in the U.S. electric vehicle (EV) market in June, capturing approximately…
Rivian Unveils New R2 Electric Vehicle to Expand Market
Rivian Automotive Inc. introduced its new R2 electric vehicle on Wednesday, aiming to broaden its market…
Lucid Motors Denies Bankruptcy Rumors, Shares Volatile
Lucid Motors has denied reports suggesting it is considering bankruptcy. On Tuesday, the luxury electric vehicle…
Lucid Stock Rebounds 16% After Bankruptcy Rumors Denied
Lucid Group Inc. (NASDAQ:LCID) shares surged 16.67% on Wednesday, recovering from a significant drop the previous…
Polestar Offers Up to $25,000 Rebates Amid U.S. Exit
Polestar is offering cash rebates of up to $25,000 on its vehicles as it prepares to…
China’s Crude Demand Expected to Peak Amid EV Growth
China's crude oil demand is projected to peak this year as electric vehicle (EV) adoption reduces…
Tesla Delivers 480,126 EVs in Q2, Exceeding Expectations
Tesla delivered 480,126 electric vehicles (EVs) in the second quarter of 2026, a 25% increase from…