Zeekr Files for IPO, Plans to List Shares on NYSE
Zeekr Intelligent Technology, a battery electric passenger vehicle company with offices in China and New York, has filed for an initial public offering (IPO) with the U.S. Securities and Exchange…
Honda’s Vision for the Future of EVs
Honda has a bold vision for the future of electric vehicles (EVs), one that goes against the current trend of heavy and complex designs. CEO Toshihiro Mibe envisions a completely…
Challenges in Electric-Vehicle Sales
Electric-vehicle sales are reaching unprecedented levels in the United States and globally. However, while demand is soaring, other economic factors present significant challenges. In a recent report, Adam Jonas, a…
ZF Friedrichshafen Cost-Cutting Strategy
Germany's ZF Friedrichshafen is making moves to reduce expenses in order to boost competitiveness in response to weakened demand, joining the trend of auto-parts suppliers turning to cost-cutting measures amidst…
The Challenge of Broken Electric Vehicle Chargers in America
According to a recent report, the United States is facing a significant problem with broken electric vehicle chargers. In fact, there is such a high number of out-of-service stations that…
Tesla Stock Slides Amid UAW Strike and Plans for Battery Factory in India
Shares of Tesla Inc. have experienced a four-day losing streak as the anticipated support from the United Auto Workers (UAW) strike failed to materialize. Furthermore, recent reports suggest that the…
Ford Motor Pauses $3.5 Billion Battery Plant Construction
Ford Motor has hit the pause button on the construction of a $3.5 billion battery plant in Michigan, which was set to utilize technology licensed from Chinese battery maker Contemporary…
Tesla Q3 Unit Sales: Chaos and Uncertainty loom
Electric vehicle pioneer Tesla is set to release its third-quarter unit sales figures on Monday, and investors should prepare themselves for a potentially turbulent report. Wall Street estimates have been…
General Motors Reports Strong Quarter in the U.S.
General Motors (GM) has experienced a robust quarter in the U.S., surpassing Toyota Motor in growth. However, despite the positive news, the stock prices have declined due to investors' concerns…
Hilton Partners with Tesla to Install 20,000 Charging Stations
Hospitality giant Hilton Worldwide Holdings has recently announced a significant development in its partnership with Tesla. In a move that benefits not only Tesla but also all electric vehicle (EV)…
BMW Reports Lower Net Profit in Second Quarter
BMW, the German car company, has announced a lower net profit for the second quarter of this year. Despite this, the company saw an increase in group revenue. It also…
Tesla Cuts Prices in China
Tesla has once again slashed prices in China, signaling its determination to dominate the world's largest car market. The electric-vehicle giant reduced the price of its luxury sedan, the Model…