electric vehicles

canada-needs-$30b-for-critical-minerals-by-2040

World

2 months ago

Canada Needs $30B for Critical Minerals by 2040

Canada must invest at least $30 billion by 2040 to meet domestic demand for critical minerals essential to its green energy transition, according to a new report from the Canadian Climate Institute.

gm-and-lg-upgrade-tennessee-plant-for-cheaper-ev-batteries

Tech

4 weeks ago

GM and LG Upgrade Tennessee Plant for Cheaper EV Batteries

Spring Hill Facility to Produce Cost-Effective LFP Cells Ultium Cells, the joint venture between General Motors and LG Energy Solution, announced plans on Monday to upgrade its battery manufacturing facility in Spring

volkswagen-cuts-forecasts-after-$1.5b-tariff-blow

Business

2 weeks ago

Volkswagen Cuts Forecasts After $1.5B Tariff Blow

Trade War Hits VW’s Bottom Line Volkswagen reported a €1.3 billion ($1.5 billion) first-half hit from U.S. tariffs, prompting the German automaker to slash its 2025 full-year sales and profit margin forecasts.

Tesla Remains a Top AI Bet Despite Q2 Revenue Decline

Morgan Stanley maintains bullish stance with $410 target Despite a year-on-year revenue decline and higher operating costs, Tesla (NASDAQ:TSLA) continues to earn Wall Street’s confidence as an AI-driven growth stock. On July

2 weeks ago

Investing

U.S. Rare-Earth Magnet Imports from China Surge 660%

Beijing’s Export Curbs Ease Following Trade Framework China’s exports of rare-earth magnets to the U.S. soared in June, climbing 660% month-over-month to reach 353 metric tons, according to customs data. The jump

3 weeks ago

Investing

Competition Heats Up Among China’s Leading EV Makers

Dispute Between BYD and Great Wall Motor Escalates Fierce competition among China’s top electric vehicle (EV) manufacturers has intensified with a growing dispute between BYD and Great Wall Motor over emissions compliance.

2 months ago

Business

Stellantis CEO Antonio Filosa Faces Pressure to Revive U.S. Sales

U.S. dealers of Jeep SUVs and Ram pickup trucks are looking to new Stellantis CEO Antonio Filosa to reverse months of disappointing sales and restore trust in the brand. Filosa, a 51-year-old

2 months ago

Business

Tesla’s European Sales Drop Amid Competition and Issue

Tesla’s sales in Europe plunged significantly in April, with the U.S. electric vehicle maker facing a 49% year-on-year decline despite an overall surge in battery electric car sales. Tesla sold just 7,261

3 months ago

Business

Volvo Cars to Lay Off 3,000 Jobs Amid Restructuring Efforts

Volvo Cars announced plans to cut 3,000 mostly white-collar jobs as part of a restructuring effort aimed at reducing costs and adapting to a slowdown in electric vehicle demand and ongoing trade

3 months ago

Business

BYD Shares Drop After Price Cuts, Investors Concerned

Shares of Chinese electric vehicle (EV) giant BYD plunged as much as 8.25% on Monday, a sharp decline from their record high last week, following the company’s announcement of price cuts on

3 months ago

Business

BYD Surpasses Tesla in European EV Sales

In a significant shift in the European electric vehicle (EV) market, Chinese automaker BYD has overtaken Tesla in sales for the first time. According to a report by JATO Dynamics, BYD sold

3 months ago

Business

GM’s Groundbreaking LMR Battery to Revolutionize EVs

GM to Launch New LMR Battery for Electric Trucks General Motors (GM) has announced its plan to introduce a groundbreaking lithium manganese-rich (LMR) prismatic battery for its electric trucks and SUVs. Targeted

3 months ago

Business

Ford Beats Q1 Expectations but Suspends 2025 Guidance

Ford Motor exceeded Wall Street’s first-quarter expectations but suspended its 2025 financial guidance due to expected $2.5 billion in tariff-related costs, a move prompted by the ongoing impact of President Donald Trump’s

3 months ago

Business

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